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Netweb Technologies India Ltd IPO

Netweb Technologies India Limited is one of India's leading high-end computing solutions (HCS) provider, with fully integrated design and manufacturing capabilities. Its HCS offerings comprises (i) high performance computing (Supercomputing / HPC) systems; (ii) private cloud and hyperconverged infrastructure (HCI); (iii) AI systems and enterprise workstations; (iv) high performance storage (HPS / Enterprise Storage System) solutions; (v) data centre servers; and (vi) software and services for our HCS offerings. In terms of number of HPC installations, the company is one of the most significant OEMs in India amongst others.

Netweb Technologies India Ltd IPO Details

Total Shares Offered

₹ 1,28,36,842

Offer to Public

85,00,000

Retail Max (Shares)

₹ 44,85,895

Pre Issue Promoters Holding

₹ 4,92,86,330

Exchange

BSE

Issue size

₹ 631 Cr

IPO Open Date

Jul 17, 2023

Close Date

Jul 19, 2023

Lot Size

Min Investment

₹ 14,250

Issue Type

Book Building

Listing Date

Jul 27, 2023

Netweb Technologies India Ltd IPO Dates

Jul 17, 2023

Opening date

Jul 19, 2023

Closing date

Jul 24, 2023

Basis of Allotment

Jul 25, 2023

Initiation of Refunds

Jul 26, 2023

Credit of Shares

Jul 27, 2023

Listing date

Details

Sector	Type
Sector	Computers - Hardware
Sub Sector	NA
Issue Type	Book Building

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*
QIB	0x	6408421
NII	0x	1922526
Retail	0x	4485895
Employee	0x	20000
Total	0x	12836842

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

6408421

1922526

4485895

20000

12836842

Netweb Technologies India Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	165.31	108.21	66.62
EBITDA	176.65	114.46	70.28
PAT	114.48	75.90	46.94
Total Assets	827.02	561.00	238.88
Share Capital	11.33	11.27	10.19
Total Borrowings	64.40	42.53	46.07
Operating Activities (Net Cash)	125.82	82.15	50.60
Investing Activities (Net Cash)	-7.11	-0.56	-1.79
Financing Activities (Net Cash)	64.40	42.53	46.07
Net Cashflow	179.53	221.61	13.61

About Netweb Technologies India Ltd

Netweb Technologies India Limited was originally incorporated as `Netweb Technologies India Private Limited', at New Delhi as a private limited company under the Companies Act, 1956 and received a certificate of incorporation issued by the RoC, on September 22, 1999. Thereafter, the Company was converted into a public limited company, pursuant to a special resolution passed by the Shareholders of the Company on October 18, 2022, and the name of the Company was changed to its present name pursuant to a fresh certificate of incorporation issued by the RoC on November 18, 2022.

High-end computing solutions industry is a rapidly evolving and technologically advanced industry that requires the vendors to stay abreast of the developments and improve & customise their designs, and hardware and software offerings. High-end computing solutions make it possible for organizations to create more efficient operations, reduce downtime and improve worker productivity. High-end computing solutions, such as HPC, HCI, AI&EW, Data Center Servers etc., are expected to witness growth during the forecast period leading to increased adoption of technology in various end use industries plus increased investment by public and private players in these solutions.

Peer Comparison:

Syrma SGS Technology Ltd
Kaynes Technology India Ltd
Dixon Technologies (India) Ltd

Netweb Technologies India Ltd Key Points

Strengths

One of India's leading Indian origin owned and controlled OEM for HCS with integrated design and manufacturing capabilities.

Long standing relationship with a marquee and diverse customer base.

Significant product development and innovation through R&D.

The Company is one of India's leading HCS provider and it operates in a rapidly evolving and technologically advanced industry with high entry barriers.

Experienced Board and Senior Management.

Risk

The company success is dependent on its long-term relationship with it Customers. In particular, the company is heavily reliant on its top 10 Customers. The company do not, generally, enter into long term contracts with Customers, which exposes it to risks emanating from the inability to retain its established Customers as the company clients.

The company derive a majority portion of its revenues from operations from a select few of the company HCS offerings. Loss or decline in the demand of such offerings may result in an adverse effect on its business, revenue from manufacturing operations and financial condition.

The company depend on few Application Industries for majority of its revenue from operations. Loss of Customers in these Application Industries may result in an adverse effect on its business, revenue from manufacturing operations and financial condition.

Strategy

Expanding and augmenting its product portfolio.

Expanding geographic footprints in EMEA (i.e., Europe, Middle East and Africa).

Deepen its penetration across verticals.

How To Apply for Netweb Technologies India Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Netweb Technologies India Ltd IPO?

Netweb Technologies India Ltd's IPO offers shares for up to 206 It begins on Jul 17, 2023 and ends on Jul 19, 2023.

What is the price of the Netweb Technologies India Ltd IPO?

The price of Netweb Technologies India Ltd IPO ranges between ₹475 to ₹500 per share.

What are the open and close dates for the Netweb Technologies India Ltd IPO?

The Netweb Technologies India Ltd IPO opens on Jul 17, 2023 and closes on Jul 19, 2023.

When will the Netweb Technologies India Ltd IPO be allotted?

The allotment for the Netweb Technologies India Ltd IPO will be finalised on Jul 24, 2023. The shares will be listed on BSE and NSE on Jul 27, 2023.

What is the minimum lot size required for Netweb Technologies India Ltd IPO?

The minimum lot size for Netweb Technologies India Ltd IPO is 30 shares, priced between ₹475 to ₹500 per share.

What is the GMP of Netweb Technologies India Ltd IPO?

The GMP (Grey Market Premium) of Netweb Technologies India Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Netweb Technologies India Ltd IPO?

To check the allotment status of Netweb Technologies India Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Netweb Technologies India Ltd IPO getting listed?

The Netweb Technologies India Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jul 17, 2023, and closes on Jul 19, 2023. The allotment is finalised on Jul 24, 2023.

How do you apply for the Netweb Technologies India Ltd IPO?

To apply for the Netweb Technologies India Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.