IPO Details

Bidding Dates

17 Jul '23 - 19 Jul '23

Minimum Investment

15,000 / 1 Lots (30 Shares)

Price Range

₹475 - ₹500

Maximum Investment

₹195,000 / 13 Lots (390 Shares)

Retail Discount

Not Applicable

Issue Size

₹631.00 Cr

Investor category and sub category

Qualified Institutional Buyers  |   Non-Institutional Investors  |   Retail Individual Investors  |  

Netweb Technologies India IPO Dates

Important dates with respect to IPO allotment and listing

IPO Opening Date

Jul 17, 2023

IPO Closing Date

Jul 19, 2023

Basis of Allotment

Jul 24, 2023

Initiation of Refunds

Jul 25, 2023

Credit of Shares to Demat Account

Jul 26, 2023

IPO Listing Date

Jul 27, 2023

UPI Mandatory Expiry Date

Jul 19, 2023

Netweb Technologies India IPO Subscription Details

DateQIBNIIRetailEMPTotal

Day 1Jul 17, 2023

0.03 3.70 3.13 7.09 2.37

Day 2Jul 18, 2023

2.57 18.47 9.04 17.87 9.23

Day 3Jul 19, 2023

220.69 83.21 19.48 55.92 90.55

Netweb Technologies India IPO Subscription Live Status

Investor Category Subscription (Times)
Qualified Institutions Buyers 220.69
Non-Institutional Buyers 83.21
Retail Investors 19.48
Employees 55.92
Total 19.66

About Netweb Technologies India Ltd.

Netweb Technologies India is a prominent Indian company that specialises in providing high-end computing solutions (HCS). With a strong focus on design and manufacturing, Netweb Technologies India has established itself as a leading player in the HCS market within the country. The company offers a comprehensive range of HCS offerings, catering to diverse computing needs. Their portfolio includes high-performance computing (Supercomputing/HPC) systems, private cloud and hyper-converged infrastructure (HCI), AI systems, enterprise workstations, high-performance storage (HPS/Enterprise Storage System) solutions, data centre servers, and software and services associated with their HCS offerings.

Netweb Technologies India Limited IPO Details

Netweb Technologies India Limited IPO is a fresh issue aggregating up to ₹257 croreand has an offer for sale aggregating to 8.5 million equity shares. The price band is set to ₹500 per equity share. It will list on BSE and NSE. 

Netweb Technologies India Limited IPO Objectives 

The company proposes to use the net proceeds from the issue towards funding:

  • Funding the capital expenditure requirements.
  • Funding the long-term working capital requirements.
  • Repayment or pre-payment, in full or in part, of certain of the company’s outstanding borrowings.
  • General corporate purposes.

Peer Details

Syrma SGS Technology Limited, Kaynes Technology India Limited and Dixon Technologies (India) Limited, which are technology and design-focused companies engaged in electronic manufacturing services have been identified by the company as a proxy set of peers.

Highlights of Netweb Technologies India Ltd

  • Netweb Technologies India is a highly regarded company in India's HCS industry. With their integrated design and manufacturing capabilities, they have positioned themselves as a preferred choice for organisations seeking advanced computing solutions. 
  • Netweb has a track record of good financial performance and consistent growth. Its revenue from operations increased from ₹1,427.87 million in fiscal 2021 to ₹4,449.72 million in fiscal 2023, at a CAGR of 76.53%.
  • Moreover, their EBITDA increased from ₹158.86 million in fiscal 2021 to ₹706.93 million in fiscal 2023 at a CAGR of 110.95%.

Netweb Technologies India Company Financials

Particulars Fiscal 2023 (Rs. millions) Fiscal 2022 (Rs. millions)
Revenue from operations 4,449.72 2,470.33
EBITDA 706.93 355.07
EBITDA Margin 15.89 14.37
Profit For the Period/Year 469.36 224.53
ROE 68.01 67.85

Know before investing

Strengths

2
  1. The company is one of India’s leading Indian-origin-owned and controlled OEM for HCS with integrated design and manufacturing capabilities.

  2. Netweb has been able to grow both its revenue and profit, without any external equity funding from strategic investors or private equity funds and without high leverage from lenders.

Risks

2
  1. Delays in customer payments and receivables may adversely impact the company’s profits and affect its cash flows.

  2. Failure to meet quality standards for the company’s product and solutions offering required by its customers may lead to the cancellation of existing and future orders and expose it to warranty claims, including monetary liability.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

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Choose IPO section on Home Page

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Netweb Technologies India Ltd IPO FAQs

What is Netweb Technologies India Limited's IPO?

The Netweb Technologies India Ltd IPO is a  fresh issue comprising shares aggregating up to ₹2060 million and has an offer for sale of 8.5 million equity shares. 

When will Netweb Technologies India Limited's IPO be allotted?

Monday, 24 July 2023

When will Netweb Technologies India Limited's IPO open for subscription?

Monday, 17 July 2023

When will Netweb Technologies India Limited list on exchanges?

Thursday, 27 July 2023

How do I check the allotment status of Netweb Technologies India Limited IPO?

Steps to check IPO allotment status on Angel One’s app:

  • Log in to the Angel One app
  • Validate with an OTP
  • Enter your application number, DP ID, and PAN number into the app
  • Click on ‘Submit’

What would be the listing gains on the Netweb Technologies India Limited IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange, which is Thursday, 27 July 2023, for Netweb Technologies India Ltd. 

I have finished the application process for the Netweb Technologies India Limited IPO, but the funds still need to be debited. What is the reason?

The bank will only block the amount initially in your account. Under the new system, the money isn’t debited until the stocks are allotted to you.

How do I approve the UPI mandate request for Netweb Technologies India Limited's IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate.

Can I submit more than one application for the public issue of Netweb Technologies India Limited using one PAN?

You can submit only one application using your PAN card.