Netweb Technologies India Ltd IPO
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Netweb Technologies India Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 128.37 L | ₹ 85 L | ₹ 44.86 L | ₹ 492.86 L | BSE | ₹ 631 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 17 Jul, 23 | 19 Jul, 23 | 30 | ₹ 14,250 | Book Building | 27 Jul, 23 |
Netweb Technologies India Ltd IPO Dates
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* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 6408421 | 0 |
| NII | 0x | 1922526 | 0 |
| Retail | 0x | 4485895 | 0 |
| Employee | 0x | 20000 | 0 |
| Total | 0x | 12836842 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Netweb Technologies India Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 108.21 | 66.62 | 31.87 |
| EBITDA | 114.46 | 70.28 | 33.51 |
| PAT | 75.90 | 46.94 | 22.45 |
| Total Assets | 561.00 | 238.88 | 135.92 |
| Share Capital | 11.27 | 10.19 | 5.66 |
| Total Borrowings | 42.89 | 46.07 | 42.97 |
| Operating Activities (Net Cash) | 82.15 | 50.60 | 24.09 |
| Investing Activities (Net Cash) | -0.56 | -1.79 | -0.52 |
| Financing Activities (Net Cash) | 42.89 | 46.07 | 42.97 |
| Net Cashflow | 221.61 | 13.61 | 7.54 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
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.
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.
Peer Comparison:
- Syrma SGS Technology Ltd
- Kaynes Technology India Ltd
- Dixon Technologies (India) Ltd
Netweb Technologies India Ltd IPO 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.
- 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.
How To Apply for Netweb Technologies India Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
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.
