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Net Avenue Technologies IPO Date, Review, Price, Allotment Details

Net Avenue Technologies is engaged in on-line virtual direct-to-consumer trade for Indian Ethnic put on and equipment. THe corporate additionally has a presence in International cross-border e-commerce direct-to-consumer for its merchandise. Their product vary comprises Indian ethnic put on and equipment for ladies, males, teenagers, and youngsters.

The Company used to be initially included on June 07, 2001, as “Net Avenue Technologies Private Limited” beneath the provisions of the Companies Act, 1956 with the Registrar of Companies, Tamil Nadu. Subsequently, the Company used to be transformed right into a Public Limited Company, and the identify of the corporate used to be modified from “Net Avenue Technologies Private Limited” to “Net Avenue Technologies Limited” vide a recent certificates of incorporation dated September 22, 2023, issued via the Registrar of Companies, Chennai. Their core trade sells Indian Ethnic put on and equipment, essentially catering to the South Asian Diaspora, a phase they achieve thru their web page and cell programs. Furthermore, they lengthen their achieve via distributing their merchandise thru quite a lot of distinguished E-commerce platforms, together with however no longer restricted to Myntra, Nykaa, and Ajio, amongst others.

Net Avenue Technologies have crafted their trade’s basis thru iterative innovation to reinforce user pride and optimize buying conduct. They recognize that the shopper’s trail to product variety frequently comes to an excessive amount of time devoted to exploration. Consequently, they’re dedicated to gaining insights into the decision-making procedure and offering beef up at the most important junctures during a client’s adventure on their platform. To this finish, they have got strategically built-in throughout a couple of touchpoints, enabling them to have interaction shoppers and curate personalised surfing and buying stories that cater to the various wishes of our valued consumers.

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Objects of the Issue:

  • Customer Acquisition – Marketing and Awareness.
  • Funding Working Capital Requirement.
  • General Corporate Purpose.
  • To Meet the Issue Expenses.

Net Avenue Technologies IPO Review

Net Avenue Technologies IPO Date & Price Band Details

IPO Open: November 30, 2023
IPO Close: December 4, 2023
IPO Size: Approx ₹10.26 Crores, 5,700,000 Equity Shares
Face Value: ₹1 Per Equity Share
IPO Price Band: ₹16 to ₹18 Per Equity Share
IPO Listing on: NSE SME
Retail Quota: 35% of the web be offering
QIB Quota: 50% of the web be offering
NII Quota: 15% of the web be offering
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors in IPO: Click Here

Net Avenue Technologies IPO Market Lot

The Net Avenue Technologies IPO minimal marketplace lot is 8000 stocks with a ₹144,000 utility quantity.

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Application Lot Size Shares Amount
Retail Minimum 1 8000 ₹144,000
Retail Maximum 1 8000 ₹144,000
S-HNI Minimum 2 16000 ₹288,000

Net Avenue Technologies IPO Dates

The Net Avenue Technologies IPO date is November 30 and the IPO shut date is December 4. The IPO allotment date is December 7 and the IPO may checklist on December 12.

IPO Open Date: November 30, 2023
IPO Close Date: December 4, 2023
Basis of Allotment: December 7, 2023
Refunds: December 8, 2023
Credit to Demat Account: December 11, 2023
IPO Listing Date: December 12, 2023

You can test IPO subscription standing and IPO allotment standing on their respective pages.

Net Avenue Technologies IPO Form

How to use Net Avenue Technologies IPO? You can observe Net Avenue Technologies IPO by the use of ASBA to be had to your checking account. Just pass to the web financial institution login and observe by the use of your checking account via deciding on the Net Avenue Technologies IPO within the Invest phase. The different possibility you’ll observe Net Avenue Technologies IPO by the use of IPO bureaucracy obtain by the use of the NSE web page. Check out the Net Avenue Technologies bureaucracy – click on NSE IPO Forms obtain, fill and publish to your financial institution or together with your dealer.

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Net Avenue Technologies Company Financial Report

₹ in Crores
Year Revenue Expense PAT
2021 ₹14.48 ₹14.51 ₹0.23
2022 ₹32.76 ₹30.05 ₹2.62
2023 ₹34.51 ₹32.76 ₹1.76

Net Avenue Technologies IPO Valuation – FY2023

Check Net Avenue Technologies IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹1.87 according to Equity Share
Price/Earning P/E Ratio: 9.63
Return on Net Worth (RoNW): 75.53%
Net Asset Value (NAV): ₹19.46 according to Equity Share

Peer Group

  • Mr. Rajesh Nahar
  • Mr. Ritesh Katariya

Net Avenue Technologies IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6273 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Net Avenue Technologies IPO Allotment Status

Check Net Avenue Technologies IPO allotment standing on Bigshare web page URL. Click Here

Net Avenue Technologies IPO Lead Managers aka Merchant Bankers

Company Address

Net Avenue Technologies Limited
New No. 16, Old No. 13,
1st Floor Prithvi Avenue,
Alwarpet Chennai – 600018
Phone: +91-044-42789289
Email: [email protected]
Website: https://www.natl.in/house.html

Net Avenue Technologies IPO FAQs

What is Net Avenue Technologies IPO?

Net Avenue Technologies IPO is an NSE SME IPO. They are going to elevate ₹10.26 Crores by the use of IPO. The factor is priced at ₹16 to ₹18 according to fairness percentage. The IPO is to be indexed on NSE.

When Net Avenue Technologies IPO will open?

The IPO is to open on November 30, 2023 for QIB, NII, and Retail Investors.

What is Net Avenue Technologies IPO Investors Portion?

The buyers’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Net Avenue Technologies IPO?

You can observe Net Avenue Technologies IPO by the use of ASBA on-line by the use of your checking account. You too can observe for ASBA on-line by the use of UPI thru your inventory agents. You too can observe by the use of your inventory agents via filling up the offline shape.

How to Apply the Net Avenue Technologies IPO thru Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Net Avenue Technologies”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now pass on your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Net Avenue Technologies IPO thru Upstox?

Log in to Upstox Application together with your credentials. Select the IPO. You will see the IPO Name “Net Avenue Technologies”. Click on Bid Button. Confirm your utility. Now pass on your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Net Avenue Technologies IPO thru Paytm Money?

Log in to Paytm Money Application together with your credentials. Select the IPO. You will see the IPO Name “Net Avenue Technologies”. Click on Bid Button. Confirm your utility. Now pass on your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Net Avenue Technologies IPO Size?

Net Avenue Technologies IPO measurement is ₹10.26 crores.

What is Net Avenue Technologies IPO Price Band?

Net Avenue Technologies IPO Price Band is ₹16 to ₹18 according to fairness percentage.

What is Net Avenue Technologies IPO Minimum and Maximum Lot Size?

The IPO bid is 8000 stocks with ₹144,000.

What is Net Avenue Technologies IPO Allotment Date?

Net Avenue Technologies IPO allotment date is December 7, 2023.

What is Net Avenue Technologies IPO Listing Date?

Net Avenue Technologies IPO record date is December 12, 2023. The IPO to checklist on NSE SME.

Note: The Net Avenue Technologies IPO main points are introduced formally. The IPO gray marketplace top class (Net Avenue Technologies IPO Premium) is up to date at the respective web page. You can test our IPO gray marketplace web page for day by day updates.)



– Source : IPOWATCH

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