Netweb Technologies IPO Details ( Netweb Technologies India Limited IPO Review )
(17 Jul 2023 – 19 Jul 2023)
Netweb Technologies India Limited, founded in 1999, specializes in providing advanced computing solutions known as High-end Computing Solutions (HCS).
Netweb Technologies HCS offerings include:
- High-performance computing (Supercomputing / HPC) systems
- Private cloud and hyper-converged infrastructure (HCI)
- AI systems and enterprise workstations
- High-performance storage (HPS / Enterprise Storage System) solutions
- Data center servers
- Software and services related to HCS
The company designs, manufactures, and deploys HCS solutions, which consist of proprietary middleware solutions, end-user utilities, and precompiled application stacks. They develop their own compute and storage technologies and deploy supercomputing infrastructure to meet the increasing computational needs of businesses, academia, and research organizations. Netweb Technologies has had two of its supercomputers listed among the world’s top 500 supercomputers on ten occasions.
As of February 28, 2023, the company has successfully installed over 300 Supercomputing systems, more than 50 private cloud and HCI setups, over 4,000 AI systems and enterprise workstations utilizing accelerators and GPUs, and HPS solutions with storage throughput of up to 450 GB/sec.
Netweb Technologies serves prestigious clients across various industries, including information technology, IT-enabled services, entertainment and media, banking, financial services, insurance (BFSI), national data centers, and government entities. These government entities include those in the defense sector, education and research development institutions such as Indian Institute of Technology (IIT) Jammu, IIT Kanpur, NMDC Data Centre Private Limited (NMDC Data Centre), Airamatrix Private Limited (Airamatrix), Graviton Research Capital LLP (Graviton), Institute of Nano Science and Technology (INST), HL Mando Softtech India Private Limited (HL Mando), Dr. Shyam Prasad Mukherjee International Institute of Information Technology, Naya Raipur (IIIT Naya Raipur), Jawaharlal Nehru University (JNU), Hemvati Nandan Bahuguna Garhwal University (Hemvati University), Akamai India Networks Private Limited (Akamai), A.P.T. Portfolio Private Limited (A.P.T.), and Yotta Data Services Private Limited (Yotta).
The company also serves a space research organization and an R&D organization of the Ministry of Electronics and Information Technology, Government of India, which focuses on research and development in information technology, electronics, and related areas, including Supercomputing.
Netweb Technologies India Limited Company Product
- Tyrone Cluster Manager: Simplified Cluster Deployment and Unified Management
- KUBYTS: Container Optimized Utility for AI (Machine learning and Deep learning) Workloads.
- VERTA: Unified, Flexible, High-Performing Storage Solution
- ParallelStor: High-Performance Storage Solution for HPC, AI and Container workloads
- Collectivo: Highly Efficient Storage Solution for Archival and Surveillance
- SKYLUS: Private Cloud Solution, HCI Appliance and Private Cloud utility
- Tyrone Camarero: Dual/ Multi processor server, AI Systems and Enterprise Workstation models
Netweb Technologies India Limited IPO Competitive Strength
- 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
- We are one of India’s leading HCS provider and we operate 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
- Expanding and augmenting our product portfolio
- Expanding geographic footprints in EMEA (i.e., Europe, Middle East and Africa)
Netweb IPO Financials Performance ( Results )
Netweb Technologies India Limited Financial Information (Restated)
All Amount in ₹ Crores
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-20 | 50.59 | 157.23 | 3.91 | 0.77 | 13.65 | 2.68 | 7.99 | 15.23 |
| 31-Mar-21 | 110.20 | 144.29 | 8.23 | 1.62 | 21.82 | 4.28 | 16.15 | 30.54 |
| 31-Mar-22 | 148.61 | 247.94 | 22.45 | 4.41 | 44.37 | 8.71 | 38.71 | 34.48 |
| 31-Mar-23 | 265.95 | 445.65 | 46.94 | 9.07 | 93.67 | 18.39 | 83.48 | 35.60 |
Objective of IPO Issue
- Funding capital expenditure requirements for civil construction of the building for the surface mount technology (SMT) line and interior development, and purchase of equipment/machinery for the new SMT production line (SMT Line)
- Funding of long-term working capital requirements
- Repayment or pre-payment, in full or in part, of certain outstanding borrowings
- General corporate purposes
Netweb Technologies IPO Basic Details
| IPO Date | Jul 17, 2023 to Jul 19, 2023 |
| Listing Date | Thursday, July 27, 2023 |
| Face Value | ₹2 per share |
| Price | ₹475 to ₹500 per share |
| Lot Size | 30 Shares |
| Issue Size | 12,620,000 shares (aggregating up to ₹631.00 Cr) |
| Fresh Issue | 4,120,000 shares (aggregating up to ₹206.00 Cr) |
| Offer for Sale | 8,500,000 shares of ₹2 (aggregating up to ₹425.00 Cr) |
| Employee Discount | Rs 25 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE, BSE |
| Share holding pre issue | 50,923,980 |
| Share holding post issue | 55,043,980 |
| Company Promoters | Sanjay Lodha, Navin Lodha, Vivek Lodha And Niraj Lodha |
Netweb Technologies IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
Netweb IPO Timetable
Netweb IPO will open on July 17, 2023 and close on July 19, 2023. You can join Netweb Technologies IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 17 July 2023 (Monday) |
| Closing Date | 19 July 2023 (Wednesday) |
| Basis of Allotment | 24 July 2023 (Monday) |
| Initiation of Refunds | 25 July 2023 (Tuesday) |
| Credit of Shares to Demat | 26 July 2023 (Wednesday) |
| Listing Date | 27 July 2023 (Thursday) |
| Deadline for UPI mandate confirmation | 5 PM on 19 July 2023 |
Netweb Tech IPO Lot Size
For retail investors in Netweb Tech IPO, 30 shares will come in 1 lot or the minimum investment will be ₹15,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹195,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 30 | ₹15,000 |
| Retail (Max) | 13 | 390 | ₹195,000 |
| S-HNI (Min) | 14 | 420 | ₹210,000 |
| S-HNI (Max) | 67 | 1,980 | ₹990,000 |
| B-HNI (Min) | 68 | 2,010 | ₹1,005,000 |
Netweb Technologies IPO Promoter Holding
The company’s promoters include Sanjay Lodha, Navin Lodha, Vivek Lodha And Niraj Lodha.
| Pre Issue Share Holding | 97.80% |
| Post Issue Share Holding | 75.45% |
Netweb Technologies India Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 2597.19 |
| Earning Per Share (EPS) | ₹9.07 per Equity Share |
| Net Asset Value (NAV) | ₹18.39 per Equity Share |
| P/E Ratio (P/E) (x) | 59.67 |
| Return on Net Worth (RoNW) (%) | 68.01 |
| Return on equity (ROE) (%) | 68.01 |
| Return on Capital Employed (ROCE) (%) | 64.42 |
| Debt/Equity Ratio | 0.30 |
| Upper Price/Book Value (Price/BV) Ratio | 27.19 |
Netweb Technologies Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CPM (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) |
| Netweb Technologies India Limited | Standalone | 500.00 | 2 | 9.07 | 59.67 | 68.01 | 18.39 |
| Peer Group | |||||||
| Syrma SGS Technology Limited | Standalone | 447.90 | 10 | 7.50 | 59.72 | 11.58 | 87.28 |
| Kaynes Technology India Limited | Standalone | 1,505.40 | 10 | 19.61 | 76.77 | 16.36 | 165.17 |
| Dixon Technologies (India) Limited | Standalone | 4,388.60 | 2 | 42.62 | 102.97 | 22.36 | 215.69 |
Netweb Technologies IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 26 July 2023 | ₹394 | – | – |
| 25 July 2023 | ₹394 | – | – |
| 24 July 2023 | ₹380 | – | – |
| 23 July 2023 | ₹382 | – | – |
| 22 July 2023 | ₹378 | – | – |
| 21 July 2023 | ₹378 | – | – |
| 20 July 2023 | ₹370 | – | – |
| 19 July 2023 | ₹370 | – | – |
| 18 July 2023 | ₹372 | – | – |
| 17 July 2023 | ₹372 | – | – |
| 16 July 2023 | ₹380 | – | – |
| 15 July 2023 | ₹380 | – | – |
| 14 July 2023 | ₹370 | – | – |
Netweb Tech IPO Detail Video:
Netweb Technologies India IPO Subscription Status (Bidding Detail)
The Netweb Technologies IPO on July 19, 2023 at 7:30:00:00 PM was subscribed 90.55 times, with the retail category being subscribed 19.48 times, the NII (Non-Institutional Investor) category being subscribed 83.21 times and the QIB (Qualified-Institutional Buyers) category being subscribed 220.69 times.
| Category | Subscription |
| QIB | 220.69x |
| NII | 83.21x |
| Retail | 19.48x |
| Employee | 55.92x |
| Total | 90.55x |
Netweb Technologies IPO Prospectus
| Netweb Technologies IPO DRHP | Download |
| Netweb Technologies IPO RHP | Download |
| Netweb Technologies IPO Anchor Investors Details PDF | Download |
Netweb IPO Rating
| Our Rating | 4.0/5.0 |
Netweb Technologies Company Contact Information
Netweb Technologies India Limited
Corporate Identification Number: U72100HR1999PLC103911;
Registered and Corporate Office: Plot No H-1, Pocket 9, Faridabad Industrial Town (FIT),
Sector-57, Ballabhgarh, Faridabad, Haryana – 121004
Contact Person: Lohit Chhabra, Company Secretary and Compliance Officer
Tel: +911292310416
E-mail: complianceofficer@netwebindia.com
Website: www.netwebindia.com
Our Promoters: Sanjay Lodha, Navin Lodha, Vivek Lodha And Niraj Lodha
Netweb Technologies IPO Registrar
Link Intime India Private Limited
Address: C 101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai 400 083, India
Tel: +91 8108114949
E-mail: netwebtechnologies.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor grievance e-mail: netwebtechnologies.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration Number: INR000004058
Netweb Technologies IPO Lead Manager
Equirus Capital Private Limited
Address: 12th Floor, C Wing, Marathon Futurex, N M Joshi Marg, Lower
Parel, Mumbai 400 013, Maharashtra, India.
Tel: +91 22 4332 0735
E-mail: netweb.ipo@equirus.com
Website: www.equirus.com
Investor grievance e-mail: investorsgrievance@equirus.com
Contact person: Malay Shah / Jenny Bagrecha
SEBI Registration Number: INM000011286
IIFL Securities Limited
Address: 10th Floor, IIFL Centre, Kamala City Senapati Bapat Marg
Lower Parel (West) Mumbai 400 013, Maharashtra, India
Tel: +91 22 4646 4728
E-mail: netweb.ipo@iiflcap.com
Website: www.iiflcap.com
Investor grievance e-mail: ig.ib@iiflcap.com
Contact Person: Pawan Jain / Devendra Maydeo
SEBI Registration Number: INM000010940
Netweb Technologies IPO FAQs
What is the lot size of Netweb Technologies IPO?
The total size of Netweb Technologies IPO is ₹631 crores out of which ₹206 crores is fresh issue and ₹425 crores is offer for sale (OFS).
When will Netweb Technologies IPO start?
Netweb Technologies IPO will open from 17 July 2023 and IPO will close on 19 July 2023.
What is the open date of Netweb Technologies IPO?
Netweb Technologies IPO will open date from 17 July 2023.
What is the last date ( close date ) of Netweb Technologies IPO?
Netweb Technologies IPO will close from 19 July 2023.
What is the price band of Netweb Technologies IPO?
Netweb Technologies IPO price band is ₹475 to ₹500. ( Upper Price Band: ₹500, Lower Price Band: ₹475 )
What is the minimum amount required to apply for Netweb Technologies IPO?
The minimum investment for retailers to apply for Netweb Technologies IPO is ₹15,000 and the maximum investment is ₹195,000.
What is going on gray market premium of Netweb Technologies IPO?
View gray market premium of Netweb Technologies IPO by Clicking Here
How much is the GMP of Netweb Technologies IPO?
Watch Netweb Technologies IPO GMP Today: Click Here
What is the allotment date of Netweb Technologies IPO?
The allotment date of Netweb Technologies IPO is 24 July 2023.
How to check allotment status in Netweb Technologies IPO?
To check the allotment status of Netweb Technologies IPO, first of all go to the registrar website by clicking here, select your bad Netweb Technologies IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Netweb Technologies IPO?
The listing date of Netweb Technologies IPO is 27 July 2023.
How much will be the listing gain in Netweb Technologies IPO?
View listing gain of Netweb Technologies IPO by Clicking Here
How much time Netweb Technologies IPO is subscribed?
Total 90.55 times subscribed in Netweb Technologies IPO out of which 19.48 times subscription was done in retail quota, 83.21 times subscription in NII quota and 220.69 times subscription in QIB quota.
How to apply for Netweb Technologies IPO from Upstox?
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