Net Avenue Technologies Limited

Net Avenue Technologies Limited

Net Avenue Technologies Limited
listed
₹1.28LMin. investment
  1. Bid start
    30 Nov
  2. Bid end
    4 Dec
  3. Allotment
    2 Dec
  4. Release of funds
    8 Dec
  5. Demat transfer
    7 Dec
  6. Listing
    12 Dec

About Net Avenue Technologies Limited

Price range₹16.00 – ₹18.00
IPO type
SME
Lot size8000 shares
Issue size₹10.25Cr
RHP/DRHP
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About  Net Avenue Technologies Limited

Incorporated in 1998, Net Avenue Technologies Limited  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. The product range includes Indian ethnicwear and accessories for women, men, teens and kids .
The company core business sells Indian Ethnic wear and accessories, primarily catering to the South Asian Diaspora, a segment they reach through their website and mobile applications. Furthermore, they extend their reach by distributing their products through various prominent E-commerce platforms, including but not limited to Myntra, Nykaa, and Ajio, among others.
Net Avenue Technologies LimitedForging Limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives
  1. Customer Acquisition - Marketing & Awareness
  2. Funding Working Capital Requirement 
  3. General Corporate Purpose 
  4. To Meet the Issue Expenses
   Here are key details about the Net Avenue Technologies Limited IPO:
Company NameNet Avenue Technologies Limited Limited Net Avenue Technologies Limited IPO Opening DateNovember 30, 2023
Company Established On1998Net Avenue Technologies Limited IPO Price band₹16 to ₹18 per share

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Net Avenue Technologies Limited ?

The issue size of the Net Avenue Technologies Limited is 10.25 Cr.

What is 'pre-apply' for Net Avenue Technologies Limited ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Net Avenue Technologies Limited shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.