Netweb Technologies India Limited

Jul 17, 2023 - Jul 19, 2023

Price ₹475 - ₹500
Premium ₹430
Lot size 30
Allotment Jul 24, 2023
Listing Jul 27, 2023

Category Lot(s) Qty Amount Reserved
Retail 1 30 15000 0
sHNI 14 420 210000 0
bHNI 67 2010 1005000 0

Last Updated as on 19-Jul-2023 17:54:00

CategoryOfferedAppliedTimes
QIBs23,08,19855,61,85,540240.96
HNIs 18,26,55115,72,85,80086.11
HNIs (10+L)12,17,70111,12,50,98091.36
HNIs (2-10L)6,08,8504,60,34,82075.61
Retail42,61,9508,59,13,91020.16
Employees19,00010,62,48055.92
Total84,15,69980,04,47,73095.11
About
Category Retail sHNI bHNI
Min Shares 30 420 2010
Min Amount 15000 210000 1005000
Application Reserved 147000 1500 3000
Subject 2      
FIX     9000

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

Total Issue Size  
Fresh Issue [.] shares
(aggregating up to ₹206.00 Cr)
Offer for Sale 8,500,000 shares of ₹2
(aggregating up to ₹[.] Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue 50,923,980

Netweb Technologies India IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer
Retail Shares Offered Not less than 35.00% of the Offer

Company Financials

Period Ended 31-Mar-20 31-Mar-21 31-Mar-22 31-Mar-23
Total Assets 50.59 110.20 148.61 265.95
Total Revenue 157.23 144.29 247.94 445.65
Profit After Tax 3.91 8.23 22.45 46.94
Net Worth 13.65 21.82 44.37 93.67
Reserves and Surplus 7.99 16.15 38.71 83.48
Total Borrowing 15.23 30.54 34.48 35.60
Lead Manager(s)
Strength
Weakness
Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: netwebtechnologies.ipo@linkintime.co.in
Website: https://linkintime.co.in/