Netweb Technologies India Limited

Company Profile
Company Name Netweb Technologies India Limited
Open Date 19-07-2023
Close Date 19-07-2023
Exchange NSE BSE
Lot Size 30 Shares
Issue Price ₹ 475 - 500 per share
Issue Size Aggregating up to 631 Cr.
Application Amount Min. Inv. - ₹ 15,000 (30 shares) Max. Inv. - ₹ 1,95,000 (390 shares)
Recommendation Apply

Company was incorporated in the year 1999 and is one of the leading high-end computing solutions (HCS) provider, with fully integrated design and manufacturing capabilities. HCS offerings comprises (i) high performance computing (Supercomputing / HPC) systems; (ii) private cloud and hyperconverged infrastructure (HCI); (iii) AI systems and enterprise workstations; (iv) high performance storage (HPS / Enterprise Storage System) solutions; (v) data centre servers; and (vi) software and services for our HCS offerings. Company is one of India’s leading Indian origin owned and controlled OEM in the space of HCS providing Supercomputing systems, private cloud and HCI, data centre servers, AI systems and enterprise workstations, and HPS solutions. Company designs, manufactures and deploys HCS comprising proprietary middleware solutions, end user utilities and pre-compiled application stack and develop homegrown compute and storage technologies, deploy supercomputing infrastructure to meet the rising computational demands of businesses, academia, and research organisations, particularly, under India’s National Supercomputing Mission. Further, thus far, 3 of the supercomputers have been listed 11 times in the world’s top 500 supercomputers.

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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-23 Mar-22 Mar-21
Total Assets 26,595.00 14,860.60 11,019.50
Net Assets 9,366.60 4,437.00 2,181.70
Total Borrowings 3,039.80 3,356.80 2,909.90
Total Revenue 44,565.00 24,794.10 14,429.10
Profit After Tax 4,693.60 2,245.30 823.00

Tentative Timeline

Opening Date 19/07/2023
Closing Date 19-07-2023
Basis of Allotment 24-07-2023
Initiation of Refunds 25-07-2023
Credit of Shares to Demat 26-07-2023
Listing Date 27-07-2023

Objects of the Issue

Funding capital expenditure requirements for civil construction.
Funding of long-term working capital requirements.
Repayment or pre-payment, in full or in part, of certain outstanding borrowings.
General corporate purposes.

Contact Information

Registered Office Netweb Technologies India Limited Plot No H-1, Pocket 9, Faridabad Industrial Town (FIT), Sector-57, Ballabhgarh, Faridabad - 121004
Phone +911292310416

Registrar Details

Name Link Intime India Private Limited
Phone +91-22-4918 6270

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%)

Shareholding Pattern

Pre Issue Share Holding 97.80%
Post Issue Share Holding 75.45%

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