Net Avenue Technologies Ltd

(CBAZAAR)

Net Avenue Technologies Ltd was originally incorporated on June 07 2001 as Net Avenue Technologies Private Limited with the Registrar of Companies Tamil Nadu. Subsequently Company converted into Public Limited Company and name of Company was changed to Net Avenue Technologies Limited vide fresh Certificate of Incorporation dated September 22 2023 issued by the Registrar of Companies Chennai.The Company is engaged in online digital directtoconsumer business for Indian Ethnic wear and accessories. The Company has presence in international crossborder ecommerce directtoconsumer for its products. Their product range includes Indian ethnicwear and accessories for women men teens and kids. The Company specialize in selling Indian Ethnic wear catering primarily to the South Asian Diaspora through their websites cbazaar.com and ethnovog.com. and mobile applications. Their directtoconsumer approach serves customers from many countries with the United States United Kingdom Australia and Canada being the primary markets. They sell products through other Ecommerce websites such as Myntra Nykaa Ajio etc. Also Cbazaar.com owned by Net Avenue Technologies was rated as one of the best online shops in the United States in 2020 and one of the fastest growing brand in the United States in 2022.The Company is proposing Public Offer of issuing 5700000 Fresh Issue Equity Shares..

Share Price: ₹13.80 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹30.04Cr as of today
Revenue: ₹5.74Cr as on September 2023 (Q3 23)
Net Profit: ₹0.31Cr as on September 2023 (Q3 23)
Listing date: 08 Dec, 2023
Chairperson Name: Rajesh Nahar