The Net Avenue Technologies IPO has begun on 30-Nov-2023. It will close on 04-December-2023. The Total IPO Size is 10.25 Crores. The company set its IPO price is 16-18 Rs Per Share. Basically, There are three basic categories in Net Avenue Technologies IPO Subscription 1) QIB 2) Retail Individual Investors (RIIs) 3) NII.
Net Avenue Technologies is established in 1998.
Net Avenue Technologies is engaged in online digital direct-to-consumer business for Indian Ethnic wear and accessories.
The company also has presence in International cross-border e-commerce direct-to-consumer for its products. Our product range includes Indian ethnic wear and accessories for women, men, teens and kids.
Their core business sells Indian Ethnic wear and accessories, primarily catering to the South Asian Diaspora, a segment we reach through our website and mobile applications. Furthermore, we extend our reach by distributing our products through various prominent E-commerce platforms, including but not limited to Myntra, Nykaa, and Ajio, among others.
The registered office is situated at New No. 16, Old No. 13, 1st Floor Prithvi Avenue, Alwarpet Teynampet Chennai, Tamil Nadu –
600018, India,
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Net Avenue Technologies IPO Promotor Holding
Mr. Rajesh Nahar and Mr. Ritesh Katariya are the promoters of the company.
Net Avenue Technologies IPO Date, Details & Price Band
| IPO Opening Dates | 30-November-2023 |
| IPO Closing Dates | 04-December-2023 |
| Price Band | 16-18 Rs |
| Fresh issue | 10.25 Crore |
| Total IPO size | 10.25 Crore |
| Minimum bid (lot size) | 8000 Shares |
| Face Value | 1 INR Per Share |
| Listing On | NSE SME |
Net Avenue Technologies IPO Market Lot
The Net Avenue Technologies IPO minimum market lot is 8000 shares With 144,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 8000 | 144,000 Rs |
| Maximum | 1 | 8000 | 144,000 Rs |
| S-HNI (Min) | 2 | 2000 | 288,000 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-21 | 769.85 | 1,447.54 | 23.11 |
| 31-Mar-22 | 1,295.26 | 3,276.16 | 261.51 |
| 31-Mar-23 | 1,419.90 | 3,451.26 | 176.40 |
Net Avenue Technologies IPO GMP Grey Market Premium
Net Avenue Technologies IPO GMP Grey market premium has been started today. Check Latest Net Avenue Technologies IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.
Net Avenue Technologies IPO Prospectus
| DRHP | Download |
| RHP | Download |
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Net Avenue Technologies IPO Form Download
Net Avenue Technologies IPO is available on NSE Website as well as on our Portal. Please click here Net Avenue Technologies IPO form Download.
Net Avenue Technologies IPO Allotment Date & Details
| Allotment Date | 07-December-2023 |
| Initiation of refunds | 08-December-2023 |
| Transfer of shares to Demat accounts | 11-December-2023 |
| Listing Date | 12-December-2023 |
| Check Allotment Status | Click here |
Registrar of Net Avenue Technologies IPO
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves
Road, Andheri East, Mumbai – 400 093, Maharashtra, India
Tel: 022 – 6263 8200
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.bigshareonline.com
Contact Person: Mr. Asif Sayyed
SEBI Registration No.: INR000001385
Net Avenue Technologies Contact Details
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/home.html
Net Avenue Technologies IPO Lead Managers
SHRENI SHARES LIMITED
(Formerly Known As Shreni Shares Private Limited)
A/007, Western Edge – II, Kanakia Space, Behind Metro Mall, off Western Express
Highway, Magathane, Borivali East, Mumbai – 400066, Maharashtra, India.
Telephone: 022 2089 7022
E-mail: [email protected]
Investors Grievance e-mail: [email protected]
Contact Person: Mr. Parth Shah
Website: www.shreni.in
SEBI Registration Number: INM000012759