Highend computing solutions (HCS) are offered by Netweb Technologies India Limited, a company founded in 1999.
The HCS services provided by Netweb Technologies include:
- High-performance computing (Supercomputing / HPC) systems,
- Software and services for our HCS offerings.
- Private cloud and hyper-converged infrastructure (HCI),
- Data center servers,
- AI systems and enterprise workstations,
- High-performance storage (HPS / Enterprise Storage System) solutions
HCS from Netweb Technologies includes precompiled application stacks, proprietary middleware solutions, and end-user tools. Under India’s National Supercomputing Mission, it develops homegrown compute and storage technologies and builds supercomputing infrastructure to address the expanding computational demands of businesses, academia, and research organisations. Ten times in the top 500 supercomputers in the world, two of the company’s machines have been ranked.
By February 28, 2023, the business has installed more than 300 Supercomputing systems, more than 50 private clouds, more than 4,000 accelerator/GPU-based AI systems, enterprise workstations, and HPS solutions with throughput storage of up to 450 GB/sec.
Netweb Technologies serves high-profile clients in a variety of end-user industries, including the defence industry, banking, financial services, and insurance (BFSI), entertainment and media, national data centres, and educational and research institutions (Application Industries), including the Indian Institute of Technology (IIT) Jammu, IIT Kanpur, Institute of Nano Science and Technology (INST), Dr. Shyam Prasad Mukherjee International Institute of Information Technology, Naya Raipur (IIIT Naya Raipur), NMDC Data Centre Private Limited (NMDC Data Centre), Airamatrix Private Limited (Airamatrix), Graviton Research Capital LLP (Graviton), HL Mando Softtech India Private Limited (HL Mando), Jawaharlal Nehru University (JNU).
The company also provides services to the Indian Government’s space research organisation and the Ministry of Electronics and Information Technology, which conducts research and development in electronics, information technology, and related fields like supercomputing.
Objects of the Issue
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Funding capital expenditure requirements for civil construction of the building for the surface mount technology (SMT) line and interior development, and purchase of equipment/machinery for the new SMT production line (SMT Line),
- Funding of long-term working capital requirements,
- Repayment or pre-payment, in full or in part, of certain outstanding borrowings, and
- General corporate purposes.
Netweb Technologies India IPO Details
| IPO Date | Jul 17, 2023 to Jul 19, 2023 |
| Listing Date | [.] |
| 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
| 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 | 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 | ||||||
Netweb Technologies India IPO Timetable (Tentative)
Netweb Technologies India IPO opens on Jul 17, 2023, and closes on Jul 19, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Monday, 17 July 2023 |
| Closing 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 Netweb Technologies India IPO lot size is 30 shares.
| 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 |
| Lot Size Calculator | |||
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% |
Netweb Technologies India IPO Prospectus
Company Contact Information
Netweb Technologies India Limited
Plot No H-1, Pocket 9,
Faridabad Industrial Town (FIT), Sector-57,
Ballabhgarh, Faridabad – 121004
Phone: +911292310416
Email: complianceofficer@netwebindia.com
Website: https://netwebindia.com/index.html
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