Netweb Technologies IPO Date, Review, Price, Allotment, Analysis

Netweb Technologies IPO Details: Netweb Technologies IPO date is fixed, the IPO is to hit the market on July 17 and will close on July 19. Netweb Technologies IPO to raise around ₹631 crores via IPO that comprises fresh issue of ₹206 crores and offer for sale up to 8,500,000 equity shares ₹2 each. The retail quota is 35%, QIB is 50%, and NII is 15%.

Netweb Technologies IPO

Netweb Technologies is one of India’s leading high-end computing solutions (HCS) providers, with fully integrated design and manufacturing capabilities. Their HCS offerings comprise high-performance computing systems; private cloud and hyper-converged infrastructure, AI systems and enterprise workstations, high-performance storage solutions, data center servers; and software and services for their HCS offerings. They are one of India’s leading Indian-origin, owned and controlled OEMs in the space of HCS providing Supercomputing systems, private cloud and HCI, data center servers, AI systems and enterprise workstations, and HPS solutions. In terms of the number of HPC installations, they are one of the most significant OEMs in India amongst others.

Netweb Technologies cater to marquee Customers across various end-user industries such as information technology, IT-enabled services, entertainment and media, banking, financial services and insurance (BFSI), national data centers, and government entities including in the defense sector, education and research development institutions (Application Industries) such as Indian Institute of Technology (IIT) Jammu, IIT Kanpur, NMDC Data Centre Private Limited, Airamatrix Private Limited, Graviton Research Capital LLP, Institute of Nano Science and Technology, HL Mando Softtech India Private Limited, 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).

Netweb design, manufacture and deploy our HCS comprising proprietary middleware solutions, end-user utilities, and precompiled application stack. The company 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. Further, thus far, 2 of our supercomputers have been listed 10 times in the world’s top 500 supercomputers.

Objects of the Issue

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

Netweb Technologies IPO Review (Apply or Not)

  • Apply for Short Term and Long Term Views

Brokerage Firm IPO Review

  • Choice Equity Broking: Apply
  • Geojit Securities: Apply
  • Marwadi Shares and Finance: Apply

Netweb Technologies IPO Date & Price Band Details

IPO Open:July 17, 2023
IPO Close:July 19, 2023
IPO Size:Approx ₹631 Crores
Fresh Issue:Approx 206 Crores
Offer for Sale:Approx 8,500,000 Equity Shares 
Face Value:₹2 Per Equity Share
IPO Price Band:₹475 to ₹500 Per Share
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
NII Quota:15%
Employee Discount:₹25 per share
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Netweb Technologies IPO Market Lot

The Netweb Technologies IPO minimum market lot is 30 shares with ₹15,000 application amount. The retail investors can apply up-to 13 lots with 30 shares or ₹195,000 amount.

ApplicationLot SizeSharesAmount
Retail Minimum130₹15,000
Retail Maximum13390₹195,000
S-HNI Minimum14420₹210,000
B-HNI Minimum681050₹10,05,000

Netweb Technologies IPO Allotment & Listing Dates

The Netweb Technologies IPO date is July 17 and the close date is July 19. The Netweb Technologies IPO allotment will be finalized on July 24 and the IPO listing on July 27.

Price Band Announcement:12 July 2023
Anchor Investors Allotment:14 July 2023
IPO Open Date:17 July 2023
IPO Close Date:19 July 2023
Basis of Allotment:24 July 2023
Refunds:25 July 2023
Credit to Demat Account:26 July 2023
IPO Listing Date:27 July 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Netweb Technologies IPO Form

How to apply for the Netweb Technologies IPO? You can apply for Netweb Technologies IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Netweb Technologies IPO in the Invest section. The other option is you can apply for Netweb Technologies IPO via IPO forms downloaded via NSE and BSE. Check out the Netweb Technologies forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.


Netweb Technologies Company Financial Report

  ₹ in Crores
YearRevenueExpensePAT
2021₹144.2₹133.2₹8.23
2022₹247.9₹217.7₹22.45
2023₹445.7₹382.7₹46.94

Netweb Technologies IPO Valuation – FY2022

Check Netweb Technologies IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹9.22 per Equity Share
Price/Earning P/E Ratio:102.97
Return on Net Worth (RoNW):68.01%
Net Asset Value (NAV):₹18.39 per Equity Share

Peer Group

  • Syrma SGS Technology Limited
  • Kaynes Technology India Limited
  • Dixon Technologies (India) Limited

Company Promoters

  • Mr. Sanjay Lodha
  • Mr. Navin Lodha
  • Mr. Vivek Lodha
  • Mr. Niraj Lodha

Netweb Technologies IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Netweb Technologies IPO Allotment Status Check

Check Netweb Technologies IPO allotment status on Linkintime website allotment URL. Click Here

Netweb Technologies IPO Lead Managers aka Merchant Bankers

  • Equirus Capital Private Limited
  • Iifl Securities Ltd

Company Address

Netweb Technologies Limited
Plot No H-1, Pocket 9,
Faridabad Industrial Town (FIT), Sector-57,
Ballabhgarh, Faridabad, Haryana – 121004
Phone: +91 – 1292310416
Email: [email protected]
Website: www.netwebindia.com

Netweb Technologies IPO FAQs

What is Netweb Technologies IPO?

Netweb Technologies IPO is a main-board IPO. They are going to raise ₹631 Crores via IPO. The issue is priced at ₹475 to ₹500 pr equity share. The IPO is to be listed on BSE & NSE.

When Netweb Technologies IPO will open?

The IPO is to open on July 17, 2023 for QIB, NII, and Retail Investors.

What is Netweb Technologies IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Netweb Technologies IPO?

You can apply for Netweb Technologies IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Netweb Technologies IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Netweb Technologies”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Netweb Technologies IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Netweb Technologies”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Netweb Technologies IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Netweb Technologies”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Netweb Technologies IPO Size?

Netweb Technologies IPO size is ₹631 crores.

What is Netweb Technologies IPO Price Band?

Netweb Technologies IPO Price Band is ₹475 to ₹500.

What is Netweb Technologies IPO Minimum and Maximum Lot Size?

The minimum bid is 30 Shares with ₹15,000 amount while the maximum bid is 390 shares with ₹195,000.

What is the Netweb Technologies IPO Allotment Date?

Netweb Technologies IPO allotment date is July 24, 2023.

What is the Netweb Technologies IPO Listing Date?

Netweb Technologies IPO listing date is July 27, 2023. The IPO is to list on BSE and NSE.

Note: The Netweb Technologies IPO price band and date are officially announced. The IPO grey market premium (Netweb Technologies IPO Premium) will be added to the IPO grey market page as it will start).

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    One Response

    1. Hello ipowatch.in administrator, Thanks for the well-written and informative post!