Net Avenue Technologies IPO Date, GMP, Review, Price, Form & Market Lot Details

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,

Check :- Upcoming SME IPO 2023

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

Net Avenue Technologies IPO
DRHP Download
RHP Download

Net Avenue Technologies IPO Reviews

AngelOne – Update Soon
Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon

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

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]
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]

Net Avenue Technologies IPO Lead Managers

(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
SEBI Registration Number: INM000012759

Leave a Reply