Netweb Technologies IPO GMP, Details to watch, Guidance & Subscription status @ Chanakyanipothi.com, India`s Oldest & most Trusted Investment Blog. Operational since 8th December 1999, this is the Only Investment Platform in India, which has successfully completed 23 Years.

Who is the promoter of Netweb Technologies IPO? 
SANJAY LODHA, NAVIN LODHA, VIVEK LODHA AND NIRAJ LODHA

What is the business of Netweb Technologies?

Netweb Technologies is one of India’s leading high-end computing solutions (HCS) provider, with fully integrated design and manufacturing capabilities. Its HCS offerings comprises (i) high performance computing (Supercomputing / HPC) systems; (ii) private cloud and hyperconverged infrastructure (HCI); (iii) AI systems and enterprise workstations; (iv) high performance storage (HPS / Enterprise Storage System) solutions; (v) data centre servers; and (vi) software and services for its HCS offerings. We are one of India’s leading Indian origin, owned and controlled OEM in the space of HCS providing Supercomputing systems, private cloud and HCI, data centre servers, AI systems and enterprise workstations, and HPS solutions. In terms of number of HPC installations, it is one of the most significant OEMs in India amongst others. Since the inception of the erstwhile sole proprietorship, one of its Promoters, Sanjay Lodha, M/s Netweb Technologies, which its Company had acquired in August, 2016, until February 28, 2023, it has undertaken installations of (i) over 300 Supercomputing systems, (ii) over 50 private cloud and HCI installations; (iii) over 4,000 accelerator / GPU based AI systems and enterprise workstations; and (iv) HPS solutions with throughput storage of up to 450 GB/ sec.

It operates out of its manufacturing facility located in Faridabad, Haryana (Manufacturing Facility) which is
equipped with capabilities to (i) design, develop, manufacture and test its products, and (ii) cater to its software and service portfolio. In addition to its registered office in Faridabad, it has 15 offices across India. Its Manufacturing Facility has received ISO 9001:2015 (Quality Management System), ISO 14001:2015 (Environmental Management System) and ISO/IEC 27001:2013 (Information Security Management System) certificates from International Benchmarking & Certifications.

The company collaborates with various technology partners, such as Intel Americas, Inc. (Intel), Advanced Micro Devices, Inc. (AMD), Samsung India Electronics Private Limited, Nvidia Corporation (Nvidia), and Seagate India Private Limited to design and innovate products and provide services tailored to specific customer requirements. It also independently designs and innovates its products and solutions offerings and provide services tailored to specific customer requirements.
Its Order Book value as at March 31, 2022, September 30, 2022 and February 28, 2023 was Rs. 485.61 million, Rs 1,279.94 million, and Rs 981.24 million, respectively.

For more information, click www.netwebindia.com

What is the object of Netweb Technologies IPO?
The Offer comprises an Offer for Sale and the Fresh Issue.
The Company proposes to utilise the Net Proceeds towards the following objects:
1. Funding capital expenditure requirements for:
i. Civil construction of the building for the surface mount technology line and interior
development; and
ii. Purchase of equipment/machineries for its new SMT production line;
2. Funding its long term working capital requirement;
3. Repayment or pre-payment, in full or in part, of certain of its outstanding borrowings; and
4. General corporate purposes

Netweb Technologies IPO GMP, Particulars & Guidance

Netweb Technologies IPO GMP, Details, Guidance & Subscription Status
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Netweb Technologies IPO GMP, Details to Watch, Guidance, Subscription status