✓
Open
30 Nov to 4 Dec, 2023
✓
Close
30 Nov to 4 Dec, 2023
3
Allotment
—
✓
Listing
Fri, Dec 8, 2023
Price Band
₹16 to ₹18
Issue Size
56,96,000 shares (agg. up to ₹10 Cr)
Lot Size
8,000 Shares
Listing Date
Fri, Dec 8, 2023
Latest GMP
₹24
Est. Gain
133.33%
✦ AI Insight
GMP Trend
08-12-2023₹24Est. ₹42+133.33%
07-12-2023₹24Est. ₹42+133.33%
06-12-2023₹20Est. ₹38+111.11%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 352.81x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 13.18 | 14.20 | 12.95 | 7.70 |
| Total Income | 7.84 | 34.51 | 32.76 | 14.48 |
| Profit After Tax | 0.94 | 1.76 | 2.62 | 0.23 |
| NET Worth | 3.29 | 2.34 | 0.43 | -2.28 |
| Reserves and Surplus | 3.07 | 2.11 | 0.20 | -2.51 |
| Total Borrowing | 2.93 | 2.76 | 0.84 | 1.91 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| WomanCart Ltd. | SME | ₹9.56 Cr | ₹86 | 50.67 | ₹122.85 | +42.85% | ₹100.40 |
| Ahasolar Technologies Ltd. | SME | ₹12.85 Cr | ₹157 | 27.45 | ₹213.15 | +35.76% | ₹75.00 |
| Macfos Ltd. | SME | ₹23.75 Cr | ₹102 | 15.22 | ₹174.80 | +71.37% | ₹1,093.00 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Customer Acquisition - Marketing & Awareness | 6.99 |
| 2 | Funding Working Capital Requirement | 1.20 |
| 3 | General Corporate Purpose | 0.82 |
About Net Avenue Technologies IPO
Updated on Aug 5, 2026
Contact Details
Net Avenue Technologies Ltd. AddressNew No.16, Old No.131st Floor Prithvi AvenueAlwarpetChennai, Tamil Nadu, 600018+91-044-42789289investor@natl.inVisit Website