Netweb Technologies
Netweb Technologies is a leading provider of high-end computing solutions in India. They offer a wide range of products and services, including:
- High-performance computing (HPC) systems
- Private cloud and hyper-converged infrastructure (HCI)
- AI systems and enterprise workstations
- High-performance storage (HPS) solutions
- Data center servers
- Software and services for HCS offerings
The company has installed over 300 HPC systems, 50 private cloud and HCI installations, 4,000 AI systems and workstations, and HPS solutions with throughput storage of up to 450 GB/sec.
Netweb Technologies designs, manufactures, and deploys its own HCS products, which include proprietary middleware solutions, end-user utilities, and precompiled application stack. They also develop homegrown computing and storage technologies and deploy supercomputing infrastructure to meet the rising computational demands of businesses, academia, and research organizations.
Netweb Technologies IPO Details
| Signature Global IPO Details | ||
|---|---|---|
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Netweb Technologies IPO Dates |
17 – 19 Jul 2023 |
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|
Netweb Technologies IPO Price |
INR 475 – 500 per share
(Employee discount – INR 25 per share) |
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|
Fresh issue |
INR 206 crore |
|
|
Offer For Sale |
8,500,000 shares (INR 403.75 – 425 crore) |
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Total IPO Size |
INR 609.75 – 631 crore |
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Minimum bid (size) |
30 shares (INR 15,000) |
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Face Value |
INR 2 per share |
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Retail Allocation |
35% |
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Listing On |
BSE, NSE |
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Netweb Technologies Financial Performance
| Signature Global Financial Performance | |||
|---|---|---|---|
|
|
FY2021 |
FY2022 |
FY2023 |
|
Revenue |
142.79 |
247.03 |
444.97 |
|
Expenses |
133.19 |
217.71 |
382.69 |
|
Net income |
8.17 |
22.55 |
46.94 |
|
Margin (%) |
5.72 |
9.13 |
10.55 |
Figures in INR Crore unless specified otherwise