Netweb Technologies India Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
Back arrow

Netweb Technol.

CMP

2,380.95

-37.30 (-1.54%)

₹500

Offer Price

₹ 631.00 Cr

Issue Size

₹ 15,000

Min Investment

90.36x

Times Subscribed

30

Lot size

Time Line

  • 17
    Jul 2023
    Open
  • 19
    Jul 2023
    Close
  • 24
    Jul 2023
    Finalisation of Basis of Allotment
  • 25
    Jul 2023
    Initiation of Refunds
  • 26
    Jul 2023
    Transfer of Shares to Demat Account
  • 27
    Jul 2023
    Listing Date

Shares Offered

Number of Times Subscribed

Objects of the Offer

  • Expanding and augmenting its product portfolio.

  • Expanding geographic footprints in EMEA (i.e., Europe, Middle East and Africa).

  • Deepen its penetration across verticals.

Products & Services

  • Netweb Technologies India Ltd is one of India`s leading high-end computing solutions (HCS) provider, with fully integrated design and manufacturing capabilities.

Strengths

  • One of India`s leading Indian origin owned and controlled OEM for HCS with integrated design and manufacturing capabilities.

  • Long standing relationship with a marquee and diverse customer base.

  • Significant product development and innovation through R&D.

  • The Company is one of India`s leading HCS provider and it operates in a rapidly evolving and technologically advanced industry with high entry barriers.

  • Experienced Board and Senior Management.

Risks

  • The company success is dependent on its long-term relationship with it Customers. In particular, the company is heavily reliant on its top 10 Customers. The company do not, generally, enter into long term contracts with Customers, which exposes it to risks emanating from the inability to retain its established Customers as the company clients.

  • The company derive a majority portion of its revenues from operations from a select few of the company HCS offerings. Loss or decline in the demand of such offerings may result in an adverse effect on its business, revenue from manufacturing operations and financial condition.

  • The company depend on few Application Industries for majority of its revenue from operations. Loss of Customers in these Application Industries may result in an adverse effect on its business, revenue from manufacturing operations and financial condition.

  • The Company has entered into various non- disclosure agreements with its technology partners to collaborate on design and innovation of products and solutions, most of which are governed by foreign laws. Any failure to comply with the terms of such agreements resulting in breach under such agreements may have monetary implications and cause us reputational harm.

  • There are common pursuits between the Company and a member of its Promoter Group. Further, the member of the promoter group provides same products and solutions as it in jurisdictions that are demarcated by a noncompete agreement. Any breach of the non-compete agreement may adversely impact its business operations.

Company Promoters

Promoters Holding

Issue For IPO
94.89%
Pre Holding

94.89%

Post Holding

-

Top Promoters Holding

Financials

All values in Cr

Mar-2021 Mar-2022 Mar-2023 3-Yr trend
Revenue 142.79 (-8.50%) 247.03 (73.00%) 444.97 (80.10%)
Gross Profit 142.79 (-8.50%) 247.03 (73.00%) 444.97 (80.10%)
Net Income 142.79 (-8.50%) 247.03 (73.00%) 444.97 (80.10%)
Assets 142.79 (-8.50%) 247.03 (73.00%) 444.97 (80.10%)
Liabilities 142.79 (-8.50%) 247.03 (73.00%) 444.97 (80.10%)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Syrma SGS Technology Ltd 2,048.39 119.32 2,541.16 2,541.16 7.74 7.50 87.28 4.69 0.23
Kaynes Technology India Ltd 1,126.11 95.02 1,418.73 1,418.73 9.90 19.84 165.17 6.69 0.14
Dixon Technologies (India) Ltd 12,192.01 255.52 4,679.43 4,679.43 19.88 42.92 215.72 5.46 0.14

Book Running Managers

  • Equirus Capital Pvt Ltd
  • IIFL Securities Ltd

Registrar & Transfer Agent

Link Intime India Pvt Ltd

C-101 247 Park,
L B S Marg,
Vikhroli West - Mumbai-400083
Phone : 91-22-49186000 Fax: 91-22-49186060

Company Contact Information

Plot No H-1 Pocket-9 FIT,
Sector-57 Ballabhgarh,
Faridabad - 121004
Phone : 911 292310416 Email : info@netwebindia.com www.netwebindia.com

Offer Related Information

Initial public offer of 12,621,000^ equity shares of face value of Rs. 2 each ("Equity Shares") of Netweb Technologies India Limited ("Company") for cash at a price of Rs. 500 per equity share (including a share premium of Rs. 498 per equity share) ("Offer Price") aggregating Rs. 631.00^ crores ("Offer") comprising a fresh issue of 4,121,000^ equity shares aggregating Rs. 206.00^ crores by the company ("Fresh Issue") and an offer for sale of 8,500,000^ equity shares aggregating Rs. 425.00^... More

News

  • No Data Found.

Take your research to the next level.
Login now to unlock Exclusive Features!

Take your research to the next level.
Login now to unlock Exclusive Features!

Download Our App On: