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16 August 2023

Netweb Technologies India Limited IPO: Unleashing High-End Computing Solutions

Introduction:

Founded in 1999, Netweb Technologies India Limited is at the forefront of delivering cutting-edge High-End Computing Solutions (HCS). The company's comprehensive HCS portfolio includes a range of innovative offerings catering to diverse industries.

Key Offerings:

Netweb Technologies' HCS offerings encompass:

1. High-Performance Computing (HPC) Systems: Delivering supercomputing solutions for robust computational requirements.
2. Private Cloud and Hyper-Converged Infrastructure (HCI): Providing agile and scalable cloud solutions.
3. AI Systems and Enterprise Workstations: Equipping businesses with AI-driven capabilities and powerful workstations.
4. High-Performance Storage (HPS) Solutions: Offering high-throughput storage solutions for data-intensive tasks.
5. Data Center Servers: Ensuring efficient data management and processing.
6. Software and Services: Comprehensive suite of software and services complementing HCS offerings.

Pioneering Innovation:

Netweb Technologies specializes in designing, manufacturing, and deploying HCS, backed by proprietary middleware solutions, precompiled application stacks, and end-user utilities. The company's homegrown compute and storage technologies underscore its commitment to innovation. Netweb Technologies is actively involved in India's National Supercomputing Mission, deploying supercomputing infrastructure to meet the computational demands of various sectors.
Impressively, two of its supercomputers have secured positions in the world's top 500 supercomputers list.

Remarkable Milestones:

As of February 28, 2023, Netweb Technologies has achieved remarkable milestones:

- Over 300 Supercomputing Systems Installations
- Over 50 Private Cloud and HCI Installations
- Over 4,000 Accelerator/GPU-Based AI Systems and Enterprise Workstations Deployed
- High-Performance Storage (HPS) Solutions with Up to 450 GB/sec Throughput

Diverse Clientele:

Netweb Technologies caters to a diverse clientele across industries, including Information Technology, IT-enabled Services, Entertainment, Banking, Financial Services, Insurance (BFSI), Government Entities, Defense, Education, and Research Development Institutions. Some notable clients include Indian Institute of Technology (IIT) Jammu, NMDC Data Centre Private Limited, Airamatrix Private Limited, and Yotta Data Services Private Limited.

Financial Snapshot

The company's financial performance highlights its growth trajectory:

Total Assets	₹50.59 Crore to ₹265.95 Crore
Total Revenue	₹157.23 Crore to ₹445.65 Crore
Profit After Tax	₹3.91 Crore to ₹46.94 Crore
Net Worth	₹13.65 Crore to ₹93.67 Crore

IPO Details:

Netweb Technologies India Limited's IPO is a Book Built Issue, with an issue size of ₹631.00 Crore. The IPO price band is set at ₹475 to ₹500 per share. The IPO subscription window was open from July 17, 2023, to July 19, 2023, and the anticipated listing date is July 27, 2023.

Promoter Holding:

The company is promoted by Mr. Sanjay Lodha, Mr. Navin Lodha, Mr. Vivek Lodha, and Mr. Niraj Lodha.

Expert Insights:

While Netweb Technologies India Limited's financial performance is commendable and the company enjoys a strong order book, the IPO pricing is seen as aggressive based on near-term positives. Investors are advised to consider the company's growth potential for medium to long-term rewards.

Conclusion:

Netweb Technologies India Limited's IPO provides investors with an opportunity to be part of its dynamic journey in delivering high-end computing solutions. As the company pioneers innovation and caters to diverse sectors, investors should weigh expert insights against their own investment goals. Netweb Technologies' remarkable accomplishments underscore its potential to drive value in the realm of high-performance computing. Those who align with the company's vision and long-term prospects may consider participating in its IPO.

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