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IPO Netweb Technologies India Ltd

  • Price Range

    ₹475 - ₹500

  • Min. Quantity

    30

  • Closes on

    19 July 2023

  • Min. investment

    ₹15,000/390 Shares

Netweb Technologies India Ltd IPO Timeline

Netweb Technologies India Limited was originally incorporated as Netweb Technologies India Private Limited', at New Delhi on September 22, 1999. Thereafter, Company converted into a public limited company and name of the Company was changed to Netweb Technologies India Limited vide a fresh Certificate of Incorporation on November 18, 2022 issued by the RoC.

EventDate
Netweb Technologies India Ltd IPO Opening Date17 July 2023
Netweb Technologies India Ltd IPO Closing Date 19 July 2023
Basis of Allotment24 July 2023
Initiation of Refunds25 July 2023
Credit of Shares to Demat26 July 2023
Netweb Technologies India Ltd IPO Listing Date27 July 2023

Netweb Technologies India Ltd IPO Details

Netweb Technologies India Ltd IPO Date17 July 2023 to 19 July 2023
Netweb Technologies India Ltd IPO Face Value2 per share
Netweb Technologies India Ltd IPO Price475 to ₹500 per share
Netweb Technologies India Ltd IPO Lot Size30
Issue SizeShares of ₹2 (aggregating up to ₹631 Cr)
Fresh IssueShares of ₹2 (aggregating up to ₹206 Cr)
Offer for SaleShares of ₹2 (aggregating up to ₹403.75 Cr)
Issue Type(Book Built Portion)
Listing At BSE, NSE
QIB Shares OfferedNot more than 24,29,682 of the Net Offer
Retail Shares OfferedNot less than 44,86,263 of the Net Offer
NII (HNI) Shares OfferedNot less than 19,22,685 of the Net Offer
Company PromotersSanjay Lodha, Navin Lodha, Vivek Lodha

Netweb Technologies India Ltd IPO Lot Size

The Netweb Technologies India Ltd IPO lot size is 30 shares. A retail-individual investor can apply for up to 13 lots (390 shares or ₹1,95,000).

Application LotsSharesAmount
Minimum130₹15,000
Maximum13390₹1,95,000
  • Risks
  • Opportunities
  • 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.
  • Track record of financial performance and consistent growth.

Company Financials

Netweb Technologies India Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-2024612.47735.9675.90
03-2023265.95445.6546.94
03-2022148.61247.9422.45
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

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

Netweb Technologies India Ltd IPO Promoter Holding

Pre Issue Share Holding37.95%
Post Issue Share Holding30.06%

Netweb Technologies India Ltd IPO Subscription Status (Bidding Detail)

The Netweb Technologies India Ltd IPO is subscribed 90.36 times on 19 July 2023 05:00:00 PM. The public issue subscribed 19.15 times in the retail category, 228.91 times in the QIB category, and 81.81 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryQIBNIIRetailEmployeeTotal
Subscription (times)228.9181.8119.1553.1390.36

Netweb Technologies India Ltd IPO Prospectus

Netweb Technologies India Ltd IPO Listing Date

Listing Date27 July 2023
BSE Script 543945
NSE SymbolNETWEB
Listing In BSE, NSE
ISININE0NT901020
IPO Price500
Face Value2

Company Contact Information

Netweb Technologies India Ltd
Plot No H-1 Pocket-9 FITSector-57 Ballabhgarh,Faridabad-121004
Phone: 911 292310416
Email: info@netwebindia.com
Website: www.netwebindia.com

Netweb Technologies India Ltd IPO Registrar

Netweb Technologies India Ltd IPO Lead Manager(s)

  1. Equirus Capital Pvt Ltd
  2. IIFL Securities Ltd

FAQ

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

Netweb Technologies India Ltd IPO, which opens for subscription from to 19 July 2023 has an issue size of ₹631 crore. The issue type is book building issue.

I have pre-applied for Netweb Technologies India Ltd IPO. When will my order get placed?

In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.

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

Netweb Technologies India Ltd IPO Opens for subscription from 17 July 2023 to 19 July 2023

What is the lot size and minimum order quantity of the Netweb Technologies India Ltd IPO?

The lot size of Netweb Technologies India Ltd is 30 shares. Retail investors can subscribe to minimum 1 lot and maximum 13 lots. The minimum and maximum application value is ₹15,000 and ₹1,95,000 respectively.

What are the allotment dates for the Netweb Technologies India Ltd IPO?

Allotment date for Netweb Technologies India Ltd is 24 July 2023 and refund of application amount (in case allotment is not received) will begin from 25 July 2023. If your allotment goes through, then shares will be credited in your Demat account by 26 July 2023.

Who is the registrar of Netweb Technologies India Ltd IPO?

The registrar for Netweb Technologies India Ltd IPO is MUFG Intime India Pvt Ltd. You can check your IPO allotment status on the registrar's website.

Where is the Netweb Technologies India Ltd IPO getting listed?

The shares of Netweb Technologies India Ltd are proposed to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)