July 17, 2023 - July 19, 2023

Netweb Technologies India IPO Review & Recommendations

BP Equities (BP Wealth), Choice Equity Broking Pvt Ltd, Geojit Securities Ltd, Hem Securities, HENSEX Securities, Indsec Securities, Investmentz Ltd, Marwadi Shares and Finance Ltd, Nirmal Bang, Reliance Securities and Ventura Securities Limited have given "Apply" recommendation to Netweb Technologies India IPO. Capital Market and Dilip Davda have given "May Apply" recommendation to Netweb Technologies India IPO.

Netweb Technologies India IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	11	2	0	0	0
%	84.62	15.38	0.00	0.00	0.00

Netweb Technologies India IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
BP Equities (BP Wealth)	Apply
Capital Market	May Apply
Choice Equity Broking Pvt Ltd	Apply
Dilip Davda	May Apply
Geojit Securities Ltd	Apply
Hem Securities	Apply
HENSEX Securities	Apply
Indsec Securities	Apply
Investmentz Ltd	Apply
Marwadi Shares and Finance Ltd	Apply
Nirmal Bang	Apply
Reliance Securities	Apply
Ventura Securities Limited	Apply

Netweb Technologies India IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Netweb Technologies India IPO is 45. Their analysis recommends May subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	45	May subscribe

Netweb Technologies India IPO Review by Dilip Davda (May apply)

[Dilip Davda] The financial performance speaks for itself for this company. It has a good order book worth Rs. 90+ cr. as of May 31, 2023. Based on FY23 financial data, the issue appears aggressively priced discounting all near-term positives. However, well-informed investors may consider parking funds for medium to long-term rewards. Read detail review...

Netweb Technologies India IPO Peer Comparison

Netweb Technologies India Limited peer comparison with similar listed entities. (Consolidated) (As on March 31, 2023)

Company Name	EPS (Rs)		NAV (per share) (Rs)	P/E (x)	RoNW (%)
Company Name	EPS Basic	EPS Diluted	NAV (per share) (Rs)	P/E (x)	RoNW (%)
Netweb Technologies India Limited	9.22	9.07	18.39		68.01
Syrma SGS Technology Limited	7.59	7.50	87.28	59.72	11.58
Kaynes Technology India Limited	19.84	19.61	165.17	76.77	16.36
Dixon Technologies (India) Limited	42.92	42.62	215.69	102.97	22.36

Notes:

All the financial information for the company is based on the Restated Financial Statements for the year ended March 31, 2023.
For Syrma SGS Technology Limited, Kaynes Technology India Limited and Dixon Technologies, financial information is taken from their respective audited consolidated financials for Fiscal 2023 as published on www.nseindia.com.
NAV is computed as the closing net worth divided by the closing outstanding number of equity shares & impact of potential shares as on March 31, 2023.
P/E Ratio has been computed based on the closing market price of the equity shares of the peer group identified above, as on June 30, 2023, on www.nseindia.com, divided by the Diluted EPS as on March 31, 2023.
RoNW is calculated as Profit for the year, divided by net worth calculated on the average of opening and closing Net worth of the year.

Netweb Technologies India IPO Review by Members

Netweb Technologies India IPO Reviews, analysis and views by popular members. Read Netweb Technologies India Limited IPO reviews by retail investors to find recommended ipo to buy.

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Netweb Technologies India IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	12	0	0	2
%	85.71	0.00	0.00	14.29

Member	Review
Ankit Dhakad	Apply for Long Term at Cut-off Price Good Financials with growing sector. Apply for Great listing gains as well as long term perspective. 1 July 17, 2023 7:51:47 AM
ASJAD RIZVI	Apply for Long Term at Cut-off Price Decent financials 1 July 12, 2023 10:53:58 PM
B.M.SURANA IPO Guru (2700+ Posts, 5300+ Likes)	Apply for Long Term at Upper Price Band Fundamentally Strong 5 July 12, 2023 8:25:50 AM
Chaheta	Avoid lot of competition July 17, 2023 2:08:13 PM
Crow IPO Mentor (900+ Posts, 1100+ Likes)	Apply for Listing Gain at Cut-off Price Netweb Technologies reminds me of both first-movers in their industry and tech-favourites. The euphoria around its IPO is palpable and with the markets at ATH, it's bound to open like a blockbuster. Save for the high OFS portion, poor face value, and aggressive valuations - all of which signal the systemic greed in promoters - I don't see many red flags in this issue. But thanks to the GMP and potential high subscription figures, I'll be dabbling in this IPO for pure listing gains. Thanks. 2 July 18, 2023 1:28:31 PM
HNISJao	Apply for Listing Gain at Upper Price Band Subscribe 1 July 17, 2023 8:12:14 PM
IPOTraders IPO Mentor (800+ Posts, 400+ Likes)	Apply for Listing Gain at Cut-off Price Future of the company looks good July 16, 2023 12:44:07 PM
JAGADISH RATNAKARAM	Apply for Listing Gain at Upper Price Band Subscribe for listing gain 1 July 18, 2023 12:23:09 PM
k l patel IPO Mentor (600+ Posts, 200+ Likes)	Apply for Listing Gain at Upper Price Band issued at high valuation, exit at listing July 17, 2023 3:58:45 PM
MELU	Apply for Listing Gain at Upper Price Band yaha to Luck Khel Hai Koi kitni baar try karke b nahi lagta aur koi ek baar try karte hai lag jaate hai kitni baar try karke kisko lagta to hai but Niche Khulta hai admi kare to kya kare sub apna apna nasib hai.. sub lage yahi dua .. July 18, 2023 5:07:44 PM
Professōr Top Contributor (600+ Posts, 200+ Likes)	Apply for Long Term at Cut-off Price Apply for listing gains as well as long term perspective July 11, 2023 2:34:51 PM
RAVZ	Avoid Market is at the top. Making ATH. IPOs are cashing in on this hype. PE very high. July 17, 2023 6:15:31 PM
shubham parab	Apply for Listing Gain at Cut-off Price Its because of ongoing technologies July 18, 2023 4:35:50 PM
UttamMudiam	Apply for Listing Gain at Upper Price Band 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 July 17, 2023 9:45:33 PM

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