247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Net Avenue Technologies Limited IPO (Net Avenue Technologies IPO) Details

Net Avenue Technologies Limited is an E-Commerce based company, located in Chennai, Net Avenue Technologies Limited IPO size was 10.25 Cr. and was issued at 18.00 per share. The share of Net Avenue Technologies Limited were listed at 42.00 per share and are currently trading at 10.20 per share.

Type :
Sub Sector :
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
31.36 Cr.

PAT :
3.76 Cr.

Pricing Report

Issue Price :
18.00

Listing Price :
42.00

Current Market Price :
10.20

Issue Price vs CMP :
7.8 (43.33%)

listing Price vs CMP :
31.8 (75.71%)

Performance Report (CAGR* wise)

CAGR : -39.69
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Net Avenue Technologies

Company Information
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. Their product range includes Indian ethnic
wear and accessories for women, men, teens and kids.
The Company was originally incorporated on June 07, 2001 as
Object of Issue
  • Customer Acquisition - Marketing and Awareness
  • Funding Working Capital Requirement
  • General Corporate Purpose
  • To Meet the Issue Expenses

Net Avenue Technologies SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Dec, 2023
IPO Size :
10.25 Cr.
Market Cap :
38.62 Cr.   
IPO Subscription :
511.21 X     
PE Multiple :
10.23
Merchant Banker :
Shreni Shares Limited
IPO Registrar:
Bigshare Services Private Limited

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FAQs

Net Avenue Technologies operates in E-Commerce and . The Issue is listed on NSE EMERGE in Dec, 2023. Net Avenue Technologies IPO size was 10.25 Cr. with Issue price of 18.00 .

Net Avenue Technologies IPO subscription was 511.21 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Net Avenue Technologies IPO listed at a listing price of 42.00 against the offer price of 18.00.

The current market price of Net Avenue Technologies is 10.20.

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