Net Avenue Technologies IPO will be Open on 30 November 2023 and Closed on 04 December 2023. The company has fixed the price of this IPO at ₹16 – ₹18 according to the face value of ₹10. The company will raise ₹10.25 Crores through this IPO under the 5,696,000 Equity Shares public issue, and the offer is 100% Book Build Issue. The company reserve quota in this IPO is 50% For QIB, 15% For NII, and 35% For Retail Investors. You can check Net Avenue Technologies IPO GMP here.
Net Avenue Technologies Limited is engaged in online digital direct-to-consumer business for Indian Ethnic wear and accessories. The company also has a presence in International cross-border e-commerce direct-to-consumer for its products. Our product range includes Indian ethnic wear and accessories for women, men, teens, and kids. You can check Net Avenue Technologies IPO Subscription status here.
The company’s core business sells Indian Ethnic wear and accessories, primarily catering to the South Asian Diaspora, a segment we reach through our website and mobile applications. Furthermore, we extend our reach by distributing our products through various prominent e-commerce platforms, including but not limited to Myntra, Nykaa, and Ajio, among others. The company’s direct-to-consumer approach serves customers from many countries, with the United States, United Kingdom, Australia, and Canada being our primary markets.
Objects Of The Issue :
- Customer Acquisition – Marketing & Awareness
- Funding Working Capital Requirement
- General Corporate Purpose
- To Meet the Issue Expenses
Company Strengths :
- Diverse Product Range
- Customer-Centric Growth Approaches
- Technology-Driven
- Sustainable Fashion Advocate (Just-In-Time)
- Data-Driven Body Sizing for Optimal Fit
- Experienced Promoters
| Read also: Upcoming IPO List 2023 |
Net Avenue Technologies IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹34.51 Cr ₹18 /EQ 2.1 8.57x 127.77 % 75.53 % 5.28 % 1.18 ₹8.23 ₹14.20 Cr ₹38.62 Cr 45.31 % 33.28 % |
| Team Review : | ✔ Apply For Long Term |
Net Avenue Technologies IPO GMP Live:
Net Avenue Technologies IPO GMP Or Grey Market Premium is available here. The SME IPO GMP Premium updated Day By Day IPO running Period and the GMP Rates are Fluctuate and stable some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| Today | Day Wise Live GMP | ₹- |
Net Avenue TechnologiesS IPO Date & Price Band & Details :
| Issue Offer : | Book Built Issue |
| IPO Open : | 30 November 2023 |
| IPO Close : | 04 December 2023 |
| Face Value : | ₹1 Equity Share |
| Price Band : | ₹16 – ₹18 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹10.25 Cr {5,696,000 Shares} |
| Fresh Issue : | ₹10.25 Cr {5,696,000 Shares} |
Net Avenue Technologies IPO Market Lot :
Net Avenue Technologies IPO Minimum Market lot is 1 Lot with 8000 shares with ₹144,000 Application amount. The retail investors can apply up to 1 lot with 8000 Shares or ₹144,000 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 8000 | ₹144,000 |
| Retail (Max) : | 1 | 8000 | ₹144,000 |
| S-HNI (Min) : | 2 | 16000 | ₹288,000 |
Net Avenue Technologies IPO Net Reservation :
Net Avenue Technologies IPO Net Reservation of 5,696,000 shares are to be bid for the public issue by Net Avenue Technologies IPO with 26,96,000 for QIB, 8,16,000 for NII 18,96,000 For RII.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 26,96,000 | ₹4.85 Cr |
| NII : | 15% | 8,16,000 | ₹1.47 Cr |
| RII : | 35% | 18,96,000 | ₹3.41 Cr |
| MMRP : | — | 2,88,000 | ₹0.52 Cr |
| Total : | 100% | 5,696,000 | ₹10.25 Cr |
Net Avenue Technologies IPO EPS & RoNW :
The Net Avenue Technologies company’s EPS & RoNW growth increased last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2023 | ₹2.21 | 84.87 | ₹8.23 |
| 2022 | ₹3.33 | 1509.21 | ₹1.54 |
| 2021 | ₹0.31 | -9.58% | ₹-22.55 |
Net Avenue Technologies IPO Peer Comparison PE :
The Net Avenue Technologies, According to RHP of the company few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Nandini Creations | 0.58 |
Net Avenue Technologies IPO Dates :
Net Avenue Technologies IPO Date 30 November 2023 and closes on 04 December 2023. The allotment will be finalized on 07 December 2023 and the IPO may list on 12 December 2023.
| Issue Open Date : | 30 November 2023 |
| Issue Close Date : | 04 December 2023 |
| Allotment Date : | 07 December 2023 |
| Refund Date : | 08 December 2023 |
| Share Credit Date : | 11 December 2023 |
| Listing Date : | 12 December 2023 |
Net Avenue Technologies IPO Form :
There are two ways to apply in Net Avenue Technologies IPO. You can apply for Net Avenue Technologies IPO through ASBA available in your bank account. You have to go to your online bank login select Net Avenue Technologies IPO in the Invest section and apply through your bank account. Another option is you apply for Net Avenue Technologies IPO through the IPO form download through NSE and BSE. See the Net Avenue Technologies IPO Form – Download the NSE Form and BSE Form IPO Form, fill it out, and submit it to your bank or your broker.
Net Avenue Technologies Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹3448.70 | ₹3275.79 | ₹176.40 |
| 2022 | ₹3275.94 | ₹3004.81 | ₹261.51 |
| 2021 | ₹1450.81 | ₹1450.67 | ₹23.11 |
Company Promoters :
■ Mr. Rajesh Nahar
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Net Avenue Technologies IPO Lead Managers :
■ Shreni Shares Limited
Net Avenue Technologies IPO Registrar :
Bigshare Services Private Limited
Office No S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East) Mumbai – 400 093,
Maharashtra, India
Tel No: 022 – 6263 8200
Email: [email protected]
Investor Grievance E-mail: [email protected]
Website: www.bigshareonline.com
Note: Check Net Avenue Technologies IPO allotment status Visit the IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Net Avenue Technologies Limited
New No. 16, Old No. 13,
1st Floor Prithvi Avenue,
Alwarpet, Teynampet,
Chennai-600018, Tamil Nadu, India.
Tel. No.: +919043336159
E-mail: [email protected]
Website: www.natl.in
Net Avenue Technologies IPO FAQs :
What is Net Avenue Technologies IPO?
Net Avenue Technologies IPO is SME IPO. They are going to raise ₹10.25 Crores via IPO. The issue is priced at ₹16 – ₹18 per equity share. The IPO is to be listed on NSE, SME.
When Net Avenue Technologies IPO will open?
The IPO is open 30 Nov 2023 – 04 Dec 2023 for NII & RII.
How much is Net Avenue Technologies IPO Size?
Net Avenue Technologies IPO size is ₹10.25 Crores.
How much is the Fresh issue size of Net Avenue Technologies IPO?
The Fresh issue size of Net Avenue Technologies IPO ₹10.25 Cr.
What is Net Avenue Technologies IPO Price Band?
Net Avenue Technologies IPO Price Band is ₹16 – ₹18 Per share.
What is the Net Avenue Technologies IPO Minimum and Maximum Lot Size?
The minimum bid is 8000 Shares with ₹144,000 amount while the maximum bid is 8000 shares with ₹144,000.
How much is Net Avenue Technologies IPO Investors Portion?
The investors’ portion for QIB is 50% NII 15% And RII 35%.
When is the Net Avenue Technologies IPO Allotment Date?
Net Avenue Technologies IPO allotment date is 07 December 2023.
When is the Net Avenue Technologies IPO Listing Date?
Net Avenue Technologies IPO listing date is 12 December 2023. The IPO to list on NSE, SME.
How to Apply the Net Avenue Technologies IPO through Zerodha?
Log in to the Console on the Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Net Avenue Technologies IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Net Avenue Technologies IPO through Upstox?
Log in to the Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Net Avenue Technologies IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Net Avenue Technologies IPO through Groww?
Log in to the Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Net Avenue Technologies IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Net Avenue Technologies IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest in IPOs Section and Click on IPO. You will see the IPO Name “Net Avenue Technologies IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Net Avenue Technologies GMP: Click Here Net Avenue Technologies Subscription: Click Here Net Avenue Technologies Allotment: Click Here Net Avenue Technologies Listing: Click Here |
All Net Avenue Technologies IPO-related links are available here. If you want to know the details then click on the Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME-RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.