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Netweb Technologies India Limited IPO




Incorporated in 1999, Netweb Technologies India Limited provides high-end computing solutions (HCS).

Netweb Technologies' HCS offerings comprise:

  1. High-performance computing (Supercomputing / HPC) systems,

  2. Private cloud and hyper-converged infrastructure (HCI),

  3. AI systems and enterprise workstations,

  4. High-performance storage (HPS / Enterprise Storage System) solutions,

  5. Data center servers, and

  6. 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

Netweb Technologies India IPO is a Book Built Issue. The IPO total issue size is Rs 631.00 Cr. The Netweb Technologies India IPO price is ₹475 to ₹500 per share. The IPO will list on BSE, NSE.

IPO Date

Jul 17, 2023 to Jul 19, 2023

Listing Date

Jul 27, 2023

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

Netweb Technologies India IPO a total of 12,620,000 shares are offered. QIB: 2,520,200 (19.97%), RII: 4,410,350 (34.95%), NII: 1,890,150 (14.98%).

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 raises Rs 189.02 crore from anchor investors. Netweb Technologies India IPO Anchor bid date is Jul 14, 2023. 

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.

IPO Open Date

Monday, 17 July 2023

IPO Close 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 minimum lot size of this Netweb Technologies India IPO is 30 shares required is ₹15,000.

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)

66

1,980

₹990,000

B-HNI (Min)

67

2,010

₹1,005,000


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

Netweb Technologies India IPO Market Cap is Rs 2803.2 Cr and P/E (x) is 59.67.

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%



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