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 throughput storage of up to 450 GB/ sec.
Netweb Technologies caters to marquee customers across various end-user industries such as information technology, information technology-enabled services, entertainment and media, banking, financial services and insurance (BFSI), national data centres, and government entities including in the defence sector, education and research development institutions (Application Industries) 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 caters to an Indian Government space research organization and an R&D organization of the Ministry of Electronics and Information Technology, Government of India which is involved in carrying out R&D in information technology and electronics and associated areas including Supercomputing.
Netweb Technologies India IPO Details
| IPO Date | Jul 17, 2023 to Jul 19, 2023 |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Price | ₹475 to ₹500 per share |
| Lot Size | 30 Shares |
| Total 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 | BSE, NSE |
| Share holding pre issue | 50,923,980 |
| Share holding post issue | 55,043,980 |
Netweb Technologies India IPO Reservation
| Anchor Investor Shares Offered | 3,780,300 (29.95%) |
| QIB Shares Offered | 2,520,200 (19.97%) |
| NII (HNI) Shares Offered | 1,890,150 (14.98%) |
| Retail Shares Offered | 4,410,350 (34.95%) |
| Employee Shares Offered | 19,000 (0.15%) |
| Total Shares Offered | 12,620,000 (100%) |
Netweb Technologies India IPO Anchor Investors Details
Netweb Technologies India IPO Anchor Investors list
| Bid Date | Jul 14, 2023 |
| Shares Offered | 3,780,300 |
| Anchor Portion Size (In Cr.) | 189.02 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sep 5, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | Dec 5, 2023 |
Netweb Technologies India IPO Timetable (Tentative)
Netweb Technologies India IPO opens on Jul 17, 2023, and closes on Jul 19, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Monday, 17 July 2023 |
| Closing Date | Wednesday, 19 July 2023 |
| Basis of Allotment | Monday, 24 July 2023 |
| Initiation of Refunds | Tuesday, 25 July 2023 |
| Credit of Shares to Demat | Wednesday, 26 July 2023 |
| Listing Date | Thursday, 27 July 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jul 19, 2023 |
Netweb Technologies India IPO Lot Size
The Netweb Technologies India IPO lot size is 30 shares.
| 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) | 66 | 1,980 | ₹990,000 |
| B-HNI (Min) | 67 | 2,010 | ₹1,005,000 |
| Lot Size Calculator |
Netweb Technologies India IPO Promoter Holding
Mr. Sanjay Lodha, Mr. Navin Lodha, Mr. Vivek Lodha, and Mr. Niraj Lodha are the promoters of the company.
| Pre Issue Share Holding | 97.80% |
| Post Issue Share Holding | 75.45% |
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 50.59 | 157.23 | 3.91 | 13.65 | 7.99 | 15.23 |
| 31-Mar-21 | 110.20 | 144.29 | 8.23 | 21.82 | 16.15 | 30.54 |
| 31-Mar-22 | 148.61 | 247.94 | 22.45 | 44.37 | 38.71 | 34.48 |
| 31-Mar-23 | 265.95 | 445.65 | 46.94 | 93.67 | 83.48 | 35.60 |
| Amount in ₹ Crore |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 59.67 |
| Market Cap (₹ Cr.) | 2803.2 |
| ROE | 68.01% |
| ROCE | 64.42% |
| Debt/Equity | 0.3 |
| EPS (Rs) | 9.22 |
| RoNW | 68.01% |
Check Netweb Technologies India IPO Peer Comparison here.
Objects of the Issue
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- 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, and
- General corporate purposes.
Netweb Technologies India IPO Review (May apply)
[Dilip Davda] The financial performance speaks for itself for this company. It has a good order book worth Rs. 90+ cr. as of May 31, 2023. Based on FY23 financial data, the issue appears aggressively priced discounting all near-term positives. However, well-informed investors may consider parking funds for medium to long-term rewards. Read detail review…
Netweb Technologies India IPO Subscription Status (Bidding Detail)
The Netweb Technologies India IPO is subscribed 90.55 times on Jul 19, 2023 7:02:00 PM. The public issue subscribed 19.48 times in the retail category, 220.69 times in the QIB category, and 83.21 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 220.69 |
| NII | 83.21 |
| bNII (bids above ₹10L) | 88.29 |
| sNII (bids below ₹10L) | 73.07 |
| Retail | 19.48 |
| Employee | 55.92 |
| Total | 90.55 |
Total Application : 2,257,771 (15.36 times)
Netweb Technologies India IPO Prospectus
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- › Anchor Investors in Netweb Technologies India IPO
Company Contact Information
Netweb Technologies India Limited
Plot No H-1, Pocket 9,
Faridabad Industrial Town (FIT), Sector-57,
Ballabhgarh, Faridabad – 121004
Phone: +911292310416
Email: complianceofficer@netwebindia.com
Website: https://netwebindia.com/index.html
Netweb Technologies India IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: netwebtechnologies.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html