✓
Open
17 Jul 2023
✓
Close
19 Jul 2023
3
Allotment
—
✓
Listing
Thu, Jul 27, 2023
Price Band
₹475 to ₹500
Issue Size
1,26,21,000 shares (agg. up to ₹631 Cr)
Lot Size
30 Shares
Listing Date
Thu, Jul 27, 2023
Latest GMP
₹394
Est. Gain
78.8%
✦ AI Insight
GMP Trend
27-07-2023₹394Est. ₹894+78.8%
26-07-2023₹394Est. ₹894+78.8%
25-07-2023₹394Est. ₹894+78.8%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 63.41x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 265.95 | 148.61 | 110.20 | 50.59 |
| Total Income | 445.65 | 247.94 | 144.29 | 157.23 |
| Profit After Tax | 46.94 | 22.45 | 8.23 | 3.91 |
| NET Worth | 93.67 | 44.37 | 21.82 | 13.65 |
| Reserves and Surplus | 83.48 | 38.71 | 16.15 | 7.99 |
| Total Borrowing | 35.60 | 34.48 | 30.54 | 15.23 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Synoptics Technologies Ltd. | SME | ₹54.04 Cr | ₹237 | 25.32 | ₹226.10 | -4.60% | ₹72.20 (-5.00%) |
| Veefin Solutions Ltd. | SME | ₹46.73 Cr | ₹82 | 41.41 | ₹90.22 | +10.02% | ₹310.25 (-0.29%) |
| Sahana System Ltd. | SME | ₹32.74 Cr | ₹135 | 16.88 | ₹171.15 | +26.78% | ₹924.45 (+0.05%) |
| Sancode Technologies Ltd. | SME | ₹5.15 Cr | ₹47 | 10.71 | ₹60.80 | +29.36% | ₹376.35 (+1.99%) |
| Vertexplus Technologies Ltd. | SME | ₹14.20 Cr | ₹96 | 28.83 | ₹106.05 | +10.47% | ₹48.30 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirements for: Civil construction of the building for the surface mount technology (SMT) line and interior development; and Purchase of equipment/machineries for our new SMT production line (SMT Line); | 32.29 |
| 2 | Funding our long term working capital requirement; | 128.02 |
| 3 | Repayment or pre-payment, in full or in part, of certain of our outstanding borrowings; and | 22.50 |
| 4 | General corporate purposes. | 11.22 |
About Netweb Technologies IPO
Incorporated in 1999, Netweb Technologies India Limited provides high-end computing solutions (HCS). Netweb Technologies' HCS offerings comprise: 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, and Software and services for our HCS offerings. Netweb Technologies designs, manufactures and deploys HCS comprising proprietary middleware solutions, end-user utilities, and precompiled application stack. It develops homegrown compute and storage technologies, and deploys supercomputing infrastructure to meet the rising computational demands of businesses, academia, and research organizations, particularly, under India's National Supercomputing Mission. Two of the company's supercomputers have been listed 10 times in the world's top 500 supercomputers. As of February 28, 2023, the company has undertaken installations of over 300 Supercomputing systems, over 50 private cloud and HCI installations, over 4,000 accelerator / GPU-based AI systems and enterprise workstations, and HPS solutions with th
Contact Details
Netweb Technologies India Ltd. AddressPlot No H-1, Pocket 9Faridabad Industrial Town (FIT), Sector-57BallabhgarhFaridabad, Haryana, 121004+911292310416complianceofficer@netwebindia.comVisit Website