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Net Avenue Technologies Ltd. IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹18
Issue Price
₹18
Face ₹1
GMP
+₹0
+0% premium
Est. Listing
₹18
GMP based
Lot Size
8,000
shares / lot
Min Amount
₹144,000
1 lot · 8,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
30 Nov 2023
Thu Completed
Done
Close Date
04 Dec 2023
Mon Completed
Done
Allotment
07 Dec 2023
Thu Completed
Done
Refund
08 Dec 2023
Fri Completed
Done
Demat Credit
11 Dec 2023
Mon Completed
Done
Listing Date
08 Dec 2023
Fri Completed
UPI Deadline: 04 Dec 2023
Issue Details
Pricing & Size
Issue Price
₹18 Face ₹1
Lot Size
8,000 shares
Min Investment
₹144,000
Total Issue Size
56,96,000 shares (aggregating up to ₹10.25 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,88,000 (5.06%)
QIB Portion
26,96,000 (47.33%)
NII / HNI
8,16,000 (14.33%)
Retail
18,96,000 (33.29%)
Employee
-
Net Offer to Public
54,08,000 shares (aggregating up to ₹9.73 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,57,58,078 shares
Post-Issue Shareholding
2,14,54,078 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 8,000 ₹1,44,000
HNI / NII 2 16000 ₹2,88,000
Objects of Issue
4 objectives
1
Customer Acquisition - Marketing and Awareness.
2
Funding Working Capital Requirement.
3
General Corporate Purpose.
4
To Meet the Issue Expenses.
Lead Managers & Market Maker
Book Running Lead Managers
Shreni Shares Ltd
Market Maker
Shreni Shares Ltd
IPO Timeline
Open
30 Nov
✓ Done
Close
04 Dec
✓ Done
Allotment
07 Dec
✓ Done
Listing
08 Dec
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
investor@natl.in
Phone
+91-044-42789289
Address
New No. 16, Old No. 13, 1st Floor Prithvi Avenue, Alwarpet, Chennai, Tamil Nadu, 600018
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹18
Est. Listing
₹18
Lot Size
8,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Net Avenue Technologies Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹18
GMP
+₹0 (+0%)
GMP Est. Listing
₹18
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 26,96,000 (47.33%) ₹485.28 Cr
NII / HNI (Total) 8,16,000 (14.33%) ₹146.88 Cr
Retail Investors 18,96,000 (33.29%) ₹341.28 Cr
Total ** 56,96,000 (100.00%) ₹10,252.80 Cr
Market Maker * 2,88,000 (5.06%) ₹5.18 Cr
* Based on ₹18.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
26,96,000 (47.33%)
NII
8,16,000 (14.33%)
Retail
18,96,000 (33.29%)
Market Maker
2,88,000 (5.06%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric30 Jun 202331 Mar 202331 Mar 2022
Revenue783.893451.263276.16
PAT94.39176.40261.51
EBITDA
Net Worth328.70233.5442.57
Total Assets1317.921419.901295.26
Reserves306.57211.4120.44
Borrowings292.69276.0684.24
Key Financial Ratios
127.77%
ROE
Return on Equity
5.28%
ROCE
Return on Capital Employed
75.53%
RONW
Return on Net Worth
1.18
D/E Ratio
Debt to Equity
2.10
Pre EPS
EPS Pre-Issue
8.57
Pre P/E
P/E Pre-Issue
10.23
Post P/E
P/E Post-Issue
About Net Avenue Technologies Ltd.

Founded in 1998, Net Avenue Technologies Limited, formerly known as Net Avenue Inc, offers Indian ethnic clothing and accessories through its online platforms cbazaar.com and ethnovog.com.

Net Avenue Technologies offers Lehenga, Saree, Salwar Kameez, Indo-Western Wear, Kurta Sets, Kurtis, Jewellery, Sherwani, Kurta Pyjama, Formal and Informal Suits and Accessories for women, men, teens, and kids.

The company has two online outlets:

Cbazaar.com: Cbazaar offers custom-tailored Indian clothing for women, men, teens, and kids in the United States, the United Kingdom, Canada, and other countries.

Ethnovog: Ethnovog offers affordable clothing for women, teens, and children.

The company also lists third-party products and offers customization options. The company works with international courier services such as DHL, FedEx, and Aramex to ensure timely delivery to customers.

Frequently Asked Questions
What is the issue price of Net Avenue Technologies Ltd. IPO?
The issue price of Net Avenue Technologies Ltd. IPO is ₹18 per share, face value ₹1.
What is the lot size?
Minimum lot size is 8,000 shares, requiring ₹144,000.
What are the IPO dates?
Opens 30 Nov 2023, closes 04 Dec 2023.
When is the listing date?
Tentative listing: 08 Dec 2023 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹18 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Net Avenue Technologies Ltd. IPO · Expected 07 Dec 2023

Check on Registrar
Post-IPO Timeline
Allotment Date
07 Dec 2023
Refund Initiation
08 Dec 2023
Demat Credit
11 Dec 2023
Listing Date
08 Dec 2023
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹18
Face ₹1
Lot Size
8,000
shares / lot
Min Amount
₹144,000
1 lot
Est. Listing
₹18
GMP +₹0
Key Dates
Open
30 Nov Done
Close
04 Dec Done
Listing
08 Dec Done
Registrar
Bigshare Services Pvt.Ltd
A
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