Netweb Technologies India Limited IPO Message Board (Page 31)

OFF TOPIC I have participated in OFS of patanjali throgh zerodha and other broker but in zerodha I am not able to sell the same as they told that only t+1 i.e. tomorrow I can sell whereas in other broker I hv sold . Any idea how to sell ,,,,,, any one help pl....

@grails I hv just tried and able to put GTT Order means now shares are credited in demat and can put order tomorrow. This is really a new experience about ofs of t2t .

Amavasya ka din manhos hotha hai kya ???

Hi All ,

I have a doubt regarding Big HNI category , For suppose if the final Subscription is 88X.
1 if we want to get 10L worth of shares then we need to use fund that is equal to 10L * 88 times , please correct if i am missing anything
2 which is the best option to apply either SHNI or BHNI
3 In the above case if I only used 10L while applying it what are my chances of getting allotment

Thanks&Regards
Uttam

Your assumption is wrong.
In oversubscribed IPO you will never get 10 lakh worth shares, doesn't matter how many lots you apply.
Allotment is based on lottery, so you get either 2 lakh worth shares or nothing.
Chances will be something around out of 12-15 applicants, only 1 will get 14 lots.

@KING VINOD @MRavichandran @Noorul @Arjun Rajkot @Eagleye @GuruMahadev And other Chittorgar Member.
Please advice
2 BHNI and 1 SHNI and 5 retail
OR
1 BHNI and 7 SHNI?
Please give advice. Thanks in advance...

What is limit for gpay upi mandate
Can i apply shni from Zerodha kite nd Gpay
Or need to apply from only netbanking please reply

Upi limit is 5 lakhs…

Out of the topic.

I made cdsl easiest account with cdsl.

When I opened demate account with jm financial services 7years ago. My email address was updated in cdsl was wrong with the spelling mistake.

Recently I made cdsl easiest account and reset my password but the new password is sent to the wrong email id. I already update my right email id in cdsl dp account to talk with JM financial services successfully. I also got an email from the cdsl with the new email id is changed with old email id.

But every time my reset password of cdsl easiest send to the old and wrong email id.

In this matter I mailed to cdsl but they reply me to talk where you open your demate account.

I try to contact to cdsl but their landline no. Is always busy.

Talk to JM financial services they replied you should contact cdsl.

Any one here who can guide me in this matter. Or provide me contact no of cdsl.

Thank you for your time and consideration 🙏

As far as your problem is concerned,i understood that CDSL mail-id with which your broken opens the account is related to your demat account email-id details and Cdsl Easiest mail-id is different from this.So, please contact cdsl easiest or i think there is an option of sending otp to your mobile number instead of email id when you press the forgot password option. You can try sending otp to your mobile no instead of email and you can reset then change your email. Or else you have to contact Cdsl easiest by mailing them
Tha ks

@ Not A Trader, thank you for your guidance.

first time reset password they send on email only this is not send on mobile or otp based. and they send reset password on wrong email id so I can't open my cdsl easiest.

Netweb Technologies India Limited IPO.
About the Company
Netweb Technologies is a High-End Computing Solutions (HCS) provider, incorporated in 1999. The company designs, manufactures and deploys HCS comprising proprietary middleware solutions, end-user utilities, and precompiled application stack. As of Feb’23, the company has undertaken installations of 300+ supercomputing systems, 50+ private cloud and HCI installations and 4,000+ accelerator or GPU-based AI systems and enterprise workstations, and HPS solutions with throughput storage of up to 450 GB/Sec. Two of the company’s supercomputers have been listed 10 times as the world’s top 500 supercomputers. 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. The company is coming out with an IPO comprising of Fresh Issue of ~4.1mn shares and an OFS of ~8.5mn shares, aggregating to ~Rs6,310mn.

Strong In-House Capabilities.
The company develops in-house compute and storage technologies. Leveraging India’s National Supercomputing Mission, it deploys supercomputing infrastructure to meet the rising computational demands of businesses, academia, and research organizations. Netweb Technologies’ HCS offerings comprise of i) High-performance computing (supercomputing / HPC) systems, ii) Private cloud and hyper-converged infrastructure (HCI), iii) AI systems and enterprise workstations, iv) High-performance storage (HPS / enterprise storage system) solutions, v) Data centre servers, and vi) Software and services for HCS offerings.

Catering to Multiple End-User Industries & Customers.
Netweb Technologies caters to several 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. Additionally, the company also provides its solutions to education and research development institutions such as IIT Jammu, IIT Kanpur, NMDC Data Centre, Airamatrix and Jawaharlal Nehru University among several others. Moreover, the company has forayed into developing new product lines, namely, Network Switches and 5G ORAN Appliances, in FY23. These are critical to the data centre industry for enterprise IT, and the telecommunication industry for enabling 5G services.

Financials in Brief
On the financial front, the company has reported a net revenue of Rs1.4bn, Rs2.5bn and Rs4.5bn for FY21, FY22 and FY23 respectively. EBITDA for FY21, FY22 and FY23 were Rs144mn, Rs346mn and Rs700mn respectively, while net profit stood at Rs82mn, Rs225mn and Rs469mn for the aforementioned period. The company registered Revenue/EBITDA/PAT CAGR of 77%/121%/139% over FY21-23. PAT margin has steadily increased from 5.8% in FY21 to 10.5% in FY23. Netweb Technologies has maintained a healthy average RoE of ~46% over FY21-23.

On FY23 financials, the IPO is valued at 59.7x P/E, 40.3x EV/EBITDA and 6.3x EV/Sales. The over IT market in India is forecasted to be $225bn in FY23 and is expected to reach $372.7bn by FY29 with a CAGR of 8.8%. The PLI scheme and ‘China Plus One’ strategy will further boost the IT sector which will provide growth opportunities to the company. Moreover, high-end computing solutions, such as HPC, HCI, AI&EW, data centre servers etc are expected to witness growth leading to increased adoption of technology in various end-use industries in addition to increased investment by public and private players in these solutions. In view of strong in-house capabilities, healthy financials, foray into new product-lines, multiple end-user industries and marquee customers and strong growth prospects.
Gathered Information from RelianceSmartMoney.

GMP 375 ~ 380 @ 09:45 AM # 17 July.

@KINGVINOD. Thanks for reply and clarification.🙏

Good Information abt company.iam applying Bhni, Shni & Retail with full force.

many ppl not applied today due to no moon day :)

@manojIPO 
Sahi sahi pakde hain

Yahi tho I was wondering why so less on first day?

Ab समjha..

Amavas din hai aaj..

Experts please guide
Can I apply hni and retail both from same pan ?

@Deep.Jain
दोनों ऐप्लीकेशन रिजेक्ट होगी!
1 PAN 1 application

Thanks for reply 🙏

Why mandate is not received for hni application there is any reason or trick

Got no allotment in 2 lots HNI in Kaka, how to best utilise these for ongoing IPO, any advise experts? Thanks

ye konsa mahanubhav hai jinhone avoid ki rating di huyi h ?

Jisne iske shares short kiye he 😂

Out of topic
What happening in route mobile?

@AAA JAI
Proximus Opal

Promoters are completely exiting businesses.
Route promoters to sell their entire stake to Proximus group for 1626/share. In return, Route promoters will invest ~300mn EUR (2768Cr INR at current exchange rates) in Proximus Opal stocks for a 14.5% stake.

Admin please stop global warming

Can anyone tell me PNB allows third-party apps for net banking?

Yes

1 yes and 1 no
I'm 50% sure now 😃

Guys, will this be able to beat Ideaforge/Utkarsh subscription ?

My estimates
bHNI - 72x
sHNI - 70x
Retail - 20x
QIB - 200x+

moreover sme money cant be directly put into mainboard ipos..because in sme you can put crores of amount with one pan..but in bhni you have to bid from multiple accounts..

जितना कम subscription उतना allotment के chances ज्यादा होंगे। ये पैसा डबल स्कीम है।।
Hoping for less subscription here. 😜

HI all ... Anybody can tell me if QIB is not oversubscribed .... and bhni and shni is oversubsribed ... QIB shares will be given to other bhni/shni/retail.

@somkad As per your query, when QIB is not OVERSUBSCRIBED, the question of QIB shares to remain don't arise. When the QIB portion is not OVERSUBSCRIBED, means the issue of QIB is fully subscribed. There will no shares be left for others for allotment.
It should be 'not subscribed' and not 'oversubscribed'.
If not fully subscribed, the same will be given to other categories.

@somkad Mungeri lal ke hasin sapne

sHNI is the new retail
😈

Happy investing 👍😂

And me thinking in another world.... ki QIB banne ke liye kya karna padta hai? :P

@IpoRetailer I am on same world. But pata laga ki QIB banane ke liye kharcha and compliance kafi hai. IPO se utna kharcha na nikal payega unless you have few 100s of crores.

Dear seniors
Please suggest Which bank provides bank account and demat account both and also can apply SME IPO (other than ICICI bank)

I personally use bob.You can use your existing broker and apply sme and main board ipo from bank application through ASBA and its easy to use.

Expected.....!May be blockbuster listing gains

In vogue sector, 1st mover advantage, high GMP, high subscription expectations, all in all a likely blockbuster IPO

Pre-IPO placement of 10.20 lac shares made @ Rs 500 per share, same as issue price
Around 100% growth in revenue over last 2 years along with steadily improving EBIDTA margin while finance costs, though negligible, have remained constant in absolute terms.
Decent PBT to CFOB4T conversion for 22-23, improvement from earlier years.
Material cost remains pegged @ 72% of sales while employee cost and other expenses have doubled YoY

While receivables and payables have double YoY, wonder why does a company with such high demand high technology products and marquee customers need to have such high receivables. There are no material customer advance payments received.

For revenue of Rs 445 cr, Net PPE is Rs 17 cr only. Of this PPE of Rs 17 cr, Rs 6.8 cr is land and buildings while Plant & Machinery is Rs 5.8 cr. The company uses 3rd party mfg, however the mix of inhouse production v/s outsourced production is not known neither is the outsourced manufacturing expense known. Out of fresh issue of Rs 206 cr, only Rs 23 cr is to be spent on plant & machinery. Future expected reduction in 3rd party mfg charges is not known.
Other expenses @ Rs 21.2 cr is more than the net PPE value. Although amount is not material, bad debt write off in 22-23 is Rs 42 lacs

As per projected receivables / DSO, company estimates revenue for 23-24 at Rs 670 cr

Any new ipo expected this month