Net Avenue Technologies is an expert, in the retail of Ethnic wear and accessories. They offer a range of products for women, men, teenagers, and children. With their website and mobile apps, they serve the South Asian Diaspora across the globe. The company has also formed partnerships with known e-commerce platforms, like Myntra, Nykaa, Ajio, and more to expand its market presence.
Cbazaar.com, a company owned by Net Avenue Technologies received acclaim as one of the top retailers, in the United States in 2020. It was also acknowledged as one of the growing brands in the country, in 2022.
Net Avenue Technologies ensures transactions, in the market by incorporating a prepaid order system. For customers within India, the company provides the convenience of Cash on Delivery (COD) as a payment alternative. To facilitate transactions Net Avenue Technologies has established a subsidiary in the United States that operates as a collection agency. This subsidiary is responsible for gathering payments, from customers. Transferring them to the parent company on a weekly basis.
Net Avenue Technologies offers a variety of Ethnic wear including Lehenga Choli, Salwar Kameez, Gowns, Kurtas, Sherwani, Kurta Sets Kids wear and Accessories. With such a range of products, the company can meet the preferences and requirements of its customers.
Net Avenue Technologies IPO Complete Details:
Net Avenue Technologies IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP OF Net Avenue Technologies is Around 00 Rs.
Objects Of Issue:
1. Attracting Customers – Marketing and Awareness
2. Securing Funds for Working Capital Needs
3. Addressing General Corporate Objectives
4. Covering Issue-Related Expenses
Promoters:
1. Mr. Rajesh Nahar:
– Position: Chairman and Managing Director
– Age: 47 years
– Education: Diploma in Business Administration (Marketing)
2. Mr. Ritesh Katariya:
– Position: Whole-Time Director
– Age: 47 years
– Education: Certificate Programme in Strategic Retail Management, Diploma in Business Administration
FAQs:
When Net Avenue Technologies IPO is Opening?
Net Avenue Technologies IPO is Opening on 30 November 2023.
When is the Net Avenue Technologies IPO Closing?
Net Avenue Technologies IPO is Closing on 04 December 2023.
What is the Issue Size of the Net Avenue Technologies IPO?
The IPO Issue Size of Net Avenue Technologies is 10.25 Crore.
Price Band of Net Avenue Technologies IPO?
The price Band of Net Avenue Technologies IPO is 16 to 18 rupees per share.
What is the minimum investment for Net Avenue Technologies IPO?
The minimum investment for the Net Avenue Technologies IPO is 144,000 Rupees.
Allotment Date of Net Avenue Technologies IPO?
The Allotment of Net Avenue Technologies IPO is on 07 December 2023.
Listing Date of Net Avenue Technologies IPO?
The Listing Of Net Avenue Technologies is Scheduled on 12 December 2023.
One Should Apply for Net Avenue Technologies IPO or Not?
will update soon
How to apply for Net Avenue Technologies IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Net Avenue Technologies IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Net Avenue Technologies IPO through the Upstox Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Net Avenue Technologies IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Net Avenue Technologies IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Net Avenue Technologies IPO from the list ——–> Click on Net Avenue Technologies IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of the Net Avenue Technologies?
Shreni Shares Limited is the Lead Manager of Net Avenue Technologies.
Where To Check the Allotment of Net Avenue Technologies IPO?
The allotment status for the Net Avenue Technologies IPO will be accessible on the Bigshare Services Private Limited Website.
Net Avenue Technologies IPO is going to be listed at?
Net Avenue Technologies IPO is going to be listed at NSE SME.
What is the Lot Size of the Net Avenue Technologies IPO?
The lot size of the Net Avenue Technologies IPO is 8000 Shares.
What is the EPS of the Net Avenue Technologies IPO?
The EPS of the Net Avenue Technologies is 2.1 Rupees.
What is the P/E Ratio of the Net Avenue Technologies IPO?
The P/E Ratio of the Net Avenue Technologies is 8.57.
What is the ROE of the Net Avenue Technologies IPO?
The ROE of Net Avenue Technologies is 127.77%.
What is the ROCE of the Net Avenue Technologies IPO?
The ROCE of the Net Avenue Technologies is 5.28%.
