Net Avenue Technology Limited
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Nov 30 to Dec 4, 2023
Price Band
₹16-18
Current GMP
₹42 (133.33%)
Subscription
511.10 times
IPO Details
| IPO Date | November 30, 2023 to December 4, 2023 |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Price Band | ₹16 to ₹18 per share |
| Lot Size | 8000 Shares |
| Total Issue Size | 5,696,000 shares (aggregating up to ₹10.25 Cr) |
| Fresh Issue | 5,696,000 shares (aggregating up to ₹10.25 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 15,758,078 |
| Share holding post issue | 21,454,078 |
| Market Maker portion | 288,000 shares Shreni Shares |
IPO Date
November 30, 2023 to December 4, 2023
Listing Date
[.]
Face Value
₹1 per share
Price Band
₹16 to ₹18 per share
Lot Size
8000 Shares
Total Issue Size
5,696,000 shares (aggregating up to ₹10.25 Cr)
Fresh Issue
5,696,000 shares (aggregating up to ₹10.25 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
15,758,078
Share holding post issue
21,454,078
Market Maker portion
288,000 shares Shreni Shares
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 61.99 |
| Non-Institutional Buyers* | 616.24 |
| Retail Investors | 721.68 |
| Total ** | 511.10 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
61.99
Non-Institutional Buyers*
616.24
Retail Investors
721.68
Total **
511.10
IPO Important Dates
| IPO Open Date | Thursday, November 30, 2023 |
| IPO Close Date | Monday, December 4, 2023 |
| Basis of Allotment | Thursday, December 7, 2023 |
| Initiation of Refunds | Friday, December 8, 2023 |
| Credit of Shares to Demat | Monday, December 11, 2023 |
| Listing Date | Tuesday, December 12, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 4, 2023 |
IPO Open Date
Thursday, November 30, 2023
IPO Close Date
Monday, December 4, 2023
Basis of Allotment
Thursday, December 7, 2023
Initiation of Refunds
Friday, December 8, 2023
Credit of Shares to Demat
Monday, December 11, 2023
Listing Date
Tuesday, December 12, 2023
Cut-off time for UPI mandate confirmation
5 PM on December 4, 2023
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 8000 | ₹144,000 |
| Retail (Max) | 1 | 8000 | ₹144,000 |
| HNI (Min) | 2 | 16,000 | ₹288,000 |
ApplicationRetail (Min)
Lots1
Shares8000
Amount₹144,000
ApplicationRetail (Max)
Lots1
Shares8000
Amount₹144,000
ApplicationHNI (Min)
Lots2
Shares16,000
Amount₹288,000
Financial Information
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 1,317.92 | 1,419.90 | 1,295.26 |
| Revenue | 783.89 | 3,451.26 | 3,276.16 |
| Profit After Tax | 94.39 | 176.40 | 261.51 |
| Net Worth | 328.70 | 233.54 | 42.57 |
| Reserves and Surplus | 306.57 | 211.41 | 20.44 |
| Total Borrowing | 292.69 | 276.06 | 84.24 |
Period EndedPeriod Ended
30 Jun 202330 Jun 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Jun 20231,317.92
31 Mar 20231,419.90
31 Mar 20221,295.26
Period EndedRevenue
30 Jun 2023783.89
31 Mar 20233,451.26
31 Mar 20223,276.16
Period EndedProfit After Tax
30 Jun 202394.39
31 Mar 2023176.40
31 Mar 2022261.51
Period EndedNet Worth
30 Jun 2023328.70
31 Mar 2023233.54
31 Mar 202242.57
Period EndedReserves and Surplus
30 Jun 2023306.57
31 Mar 2023211.41
31 Mar 202220.44
Period EndedTotal Borrowing
30 Jun 2023292.69
31 Mar 2023276.06
31 Mar 202284.24
Key Performance Indicator
| P/E (x) | 8.57 |
| Post P/E (x) | 10.23 |
| Market Cap (₹ Cr.) | 38.62 |
| ROE | 127.77% |
| ROCE | 5.28% |
| Debt/Equity | 1.18 |
| EPS (Rs) | 2.1 |
P/E (x)
8.57
Post P/E (x)
10.23
Market Cap (₹ Cr.)
38.62
ROE
127.77%
ROCE
5.28%
Debt/Equity
1.18
EPS (Rs)
2.1
IPO Reservation
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
QIB Shares Offered
Not more than 50.00% of the Net offer
Retail Shares Offered
Not less than 35.00% of the Offer
NII (HNI) Shares Offered
Not less than 15.00% of the Offer
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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