Netweb Technologies India Limited Incorporated in 1999 is a well-known high-end computing solutions (HCS) provider in India. Netweb Technologies India has proved itself as a leading player in the industry With a powerful focus on integrated design and manufacturing capabilities. According to a report by F&S, their comprehensive HCS offerings encompass a range of cutting-edge solutions.
Netweb Technologies India Limited’s portfolio includes high-performance computing (Supercomputing / HPC) systems, private cloud and hyper-converged infrastructure (HCI), AI systems and enterprise workstations, high-performance storage (HPS / Enterprise Storage System) solutions, data center servers, and software and services tailored to their HCS offerings. As an Indian-origin OEM, they have gained recognition for their expertise in providing Supercomputing systems, private cloud and HCI solutions, data center servers, AI systems, and enterprise workstations, as well as HPS solutions.
Netweb Technologies India Limited stands out for its extensive installation of HCS solutions. Since the acquisition of M/s Netweb Technologies in August 2016, led by one of their promoters, Sanjay Lodha, they have successfully implemented numerous projects. These installations include over 300 Supercomputing systems, more than 50 private cloud and HCI deployments, over 4,000 accelerator/GPU-based AI systems and enterprise workstations, and high-performance storage solutions with impressive throughput capabilities of up to 450 GB/sec.
Their customer base consists of marquee clients across various industries, including information technology, information technology-enabled services, entertainment and media, banking, financial services and insurance (BFSI), national data centers, government entities (including defense), and education and research institutions. Additionally, they cater to government space research organizations and an R&D organization of the Ministry of Electronics and Information Technology, Government of India, involved in cutting-edge research in information technology, electronics, and related areas, including Supercomputing.
Netweb Technologies India Limited characterizes itself by developing and deploying proprietary middleware solutions, end-user utilities, and precompiled application stacks to support its HCS offerings. They have also pioneered their own computing and storage technologies, enabling them to provide advanced supercomputing infrastructure to meet the growing computational demands of businesses, academia, and research organizations. Their commitment to innovation and excellence is reflected in the fact that two of their supercomputers have been listed among the world’s top 500 supercomputers on multiple occasions, as reported by F&S.
Over the years, Netweb Technologies India Limited has demonstrated its expertise in designing, developing, and deploying some of India’s most powerful Supercomputing systems such as AIRAWAT, Agastya, PARAM Ambar, Hartree, Kalinga upgrade, Kohinoor 3, PARAM YUVA-II, and Kabru.
Netweb Technologies India Limited IPO Complete Details:
| IPO Date | 17 July 2023 to 19 July 2023 |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE NSE |
| Face Value | 02 Rs. Per Share |
| Price | 475 to 500 Rs. |
| Lot Size | 30 |
| Issue Size | 12,620,000 shares (Rs.631 Cr) |
| Fresh Issue | 4,120,000 shares (Rs. 206 Cr) |
| Offer For Sale | 8,500,000 shares (Rs. 425 Cr) |
| Listing Date | 27 July 2023 |
Netweb Technologies India Limited Timetable:
| Activity | Date* |
|---|---|
| Opening Date | 17 July 2023 |
| Closing Date | 19 July 2023 |
| Allotment | 24 July 2023 |
| Initiation of Refunds | 25 July 2023 |
| Credit of Shares to Demat Account | 26 July 2023 |
| Listing Date | 27 July 2023 |
Company Financial Details:
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Borrowings |
|---|---|---|---|---|---|
| 31 March 2020 | 50.59 | 157.23 | 03.91 | 13.65 | 15.23 |
| 31 March 2021 | 110.20 | 144.29 | 08.23 | 21.82 | 30.54 |
| 31 March 2022 | 148.61 | 247.94 | 22.45 | 44.37 | 34.48 |
| 31 March 2023 | 265.95 | 445.65 | 46.94 | 93.67 | 35.60 |
AS OF NOW, the GMP OF Netweb Technologies India Limited is Around 368 Rs.