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Netweb Technologies India Limited

Incorporated in 1999, Netweb Technologies India Limited provides high-end computing solutions (HCS) including supercomputing systems, private cloud and hyper-converged infrastructure, AI systems, enterprise workstations, high-performance storage solutions, data center servers, and related software and services. The company designs, manufactures, and deploys HCS with proprietary middleware, utilities, and precompiled application stacks, and has played a key role in India’s National Supercomputing Mission with two of its supercomputers being listed 10 times in the world’s Top 500. As of February 28, 2023, Netweb has installed 300+ supercomputing systems, 50+ private cloud/HCI setups, 4,000+ GPU-based AI systems, and high-performance storage solutions delivering up to 450 GB/sec throughput. The company caters to leading clients across IT, ITeS, media, BFSI, government, defence, education, and research sectors, including IITs, JNU, major data centres, space research organizations, and R&D institutes under the Ministry of Electronics and IT.

₹475 - ₹50095.11x sub
Listed Price947.00
Listing Gain+89.40%
TimelineBook Built Issue IPO
Open17 Jul 2023
Close19 Jul 2023
Allotment24 Jul 2023
Listing27 Jul 2023

Quota Reservation Portions

QIBPortion: 63,00,500 shares
49.92%
Nii (hni)Portion: 18,90,150 shares
14.98%
RetailPortion: 44,10,350 shares
34.94%
EmployeePortion: 20,000 shares
0.16%

Minimum Application Bracket Matrix

Retail1 lots / 30 shares
₹15,000
sHNI14 lots / 420 shares
₹2,10,000
bHNI67 lots / 2,010 shares
₹10,05,000

About the Company

Incorporated in 1999, Netweb Technologies India Limited provides high-end computing solutions (HCS) including supercomputing systems, private cloud and hyper-converged infrastructure, AI systems, enterprise workstations, high-performance storage solutions, data center servers, and related software and services. The company designs, manufactures, and deploys HCS with proprietary middleware, utilities, and precompiled application stacks, and has played a key role in India’s National Supercomputing Mission with two of its supercomputers being listed 10 times in the world’s Top 500. As of February 28, 2023, Netweb has installed 300+ supercomputing systems, 50+ private cloud/HCI setups, 4,000+ GPU-based AI systems, and high-performance storage solutions delivering up to 450 GB/sec throughput. The company caters to leading clients across IT, ITeS, media, BFSI, government, defence, education, and research sectors, including IITs, JNU, major data centres, space research organizations, and R&D institutes under the Ministry of Electronics and IT.

Company Promoters

Sanjay LodhaNavin LodhaVivek LodhaNiraj Lodha