Company Name | Net Avenue Technologies Limited |
Open Date | 30-11-2023 |
Close Date | 04-12-2023 |
Exchange | NSE SME |
Lot Size | 8000 shares |
Issue Price | ₹ 16 to ₹ 18 per share |
Issue Size | 56,96,000 shares |
Application Amount | ₹ 1,44,000 |
Recommendation | Avoid |
For the Period Ended | Mar-21 | Mar-22 | Mar-23 | Jun-23 |
Total Assets | 769.84 | 1,295.26 | 1,419.91 | 1,317.93 |
Net Assets | -228.37 | 42.57 | 233.54 | 328.70 |
Total Borrowings | 191.07 | 84.24 | 276.06 | 292.69 |
Total Revenue | 1,447.54 | 3,276.16 | 3,451.26 | 783.89 |
Profit After Tax | 23.12 | 261.51 | 176.40 | 94.40 |
Opening Date | 30-11-2023 |
Closing Date | 04-12-2023 |
Basis of Allotment | 07-12-2023 |
Initiation of Refunds | 08-12-2023 |
Credit of Shares to Demat | 11-12-2023 |
Listing Date | 12-12-2023 |
Customer Acquisition - Marketing and Awareness. |
Funding Working Capital Requirement. |
General Corporate Purpose. |
To Meet the Issue Expenses. |
Registered Office | Net Avenue Technologies Limited- New No. 16, Old No. 13, 1st Floor Prithvi Avenue, Alwarpet ,Chennai - 600018 |
Phone | 91-044-42789289 |
investor@natl.in | |
Website | https://www.natl.in/home.html |
Net Avenue Technologies IPO DRHP |
Net Avenue Technologies IPO RHP |
Name | Bigshare Services Pvt Ltd |
Phone | 91-22-6263 8200 |
ipo@bigshareonline.com | |
Website | https://ipo.bigshareonline.com/ipo_status.html |
QIB Shares Offered | Not more than 50.00% of the Net offer |
Retail Shares Offered | Not less than 35.00% of the Offer |
NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Share Holding Pre Issue (Promoters) | 45.31% |
Share Holding Post Issue (Promoters) | 33.28% |