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.
| Event | Date |
|---|---|
| Netweb Technologies India Ltd IPO Opening Date | 17 July 2023 |
| Netweb Technologies India Ltd IPO Closing Date | 19 July 2023 |
| Basis of Allotment | 24 July 2023 |
| Initiation of Refunds | 25 July 2023 |
| Credit of Shares to Demat | 26 July 2023 |
| Netweb Technologies India Ltd IPO Listing Date | 27 July 2023 |
Netweb Technologies India Ltd IPO Details
| Netweb Technologies India Ltd IPO Date | 17 July 2023 to 19 July 2023 |
| Netweb Technologies India Ltd IPO Face Value | ₹2 per share |
| Netweb Technologies India Ltd IPO Price | ₹475 to ₹500 per share |
| Netweb Technologies India Ltd IPO Lot Size | 30 |
| Issue Size | Shares of ₹2 (aggregating up to ₹631 Cr) |
| Fresh Issue | Shares of ₹2 (aggregating up to ₹206 Cr) |
| Offer for Sale | Shares of ₹2 (aggregating up to ₹403.75 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 24,29,682 of the Net Offer |
| Retail Shares Offered | Not less than 44,86,263 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 19,22,685 of the Net Offer |
| Company Promoters | Sanjay 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 | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 30 | ₹15,000 |
| Maximum | 13 | 390 | ₹1,95,000 |
- Strengths
- 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 Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 612.47 | 735.96 | 75.90 |
| 03-2023 | 265.95 | 445.65 | 46.94 |
| 03-2022 | 148.61 | 247.94 | 22.45 |
| 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 Holding | 37.95% |
| Post Issue Share Holding | 30.06% |
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)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 228.91 | 81.81 | 19.15 | 53.13 | 90.36 |
Netweb Technologies India Ltd IPO Prospectus
Netweb Technologies India Ltd IPO Listing Date
| Listing Date | 27 July 2023 |
| BSE Script | 543945 |
| NSE Symbol | NETWEB |
| Listing In | BSE, NSE |
| ISIN | INE0NT901020 |
| IPO Price | ₹500 |
| Face Value | ₹2 |
Company Contact Information
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)
- Equirus Capital Pvt Ltd
- IIFL Securities Ltd
FAQ
What is the issue size of Netweb Technologies India Ltd IPO?
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.