Netweb Technologies India Ltd (NETWEB)

Netweb Technologies India Limited was originally incorporated as Netweb Technologies India Private Limited at New Delhi on September 22 1999. Thereafter Company converted into a public limited company and name of the Company was changed to Netweb Technologies India Limited vide a fresh Certificate of Incorporation on November 18 2022 issued by the RoC.The Company is one of Indias leading highend computing solutions HCS provider with fully integrated design and manufacturing capabilities. The HCS offerings comprises i high performance computing Supercomputing / HPC systems ii private cloud and hyperconverged infrastructure HCI iii AI systems and enterprise workstations iv high performance storage HPS / Enterprise Storage System solutions v data centre servers and vi software and services for HCS offerings. The Company design manufacture and deploy HCS comprising proprietary middleware solutions end user utilities and pre compiled application stack. It has ventured into developing new product lines viz. Network Switches and 5G ORAN Appliances and introduced 5G cloud on core and edge for an international telecommunication service provider. The Company operate out of manufacturing facility located in Faridabad Haryana which is equipped with capabilities to design develop manufacture and test products and cater to software and service portfolio. Their products and solutions portfolio find applications across diverse Application Industries such as information technology information technology enabled services entertainment and media banking and financial services and insurance national data centres and defence systems. The private cloud and HCI offering which is built and sold under Tyrone Skylus brand offers hyperconverged capabilities i.e. combining compute storage and network to provide a bespoke hardware and curated software stack. The private cloud and HCI offerings comprise i private cloud ii hybrid cloud iii cloud tools iv HCI and v cloud native storage. Until February 28 2023 the Company has undertaken installations of over 50 private cloud and HCI. It has also undertaken installations of over 4000 accelerator / GPU based AI systems and enterprise workstations such as IIT Jammu IIT Kanpur IIIT Naya Raipur JNU HL Mando Hemvati University and Airamatrix. The Company has designed and built an extensive range of over 200 dual processor server models under brand Tyrone Camarero. These servers are designed with the intent of providing operational flexibility and has built servers to cater to disparate customer needs from entry level servers to highend missioncritical servers. The motherboard in dual processor servers comprise 2 CPU sockets instead of 1 and consider systems design and architecture which continues to be one of the key distinguishing features of servers.The Company is proposing an initial public offer of equity shares by raising capital of Rs 257 crore equity shares through fresh issue and by issuing upto 8500000 equity shares through Offer for Sale..

Share Price: ₹2418.25 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹13,469.19Cr as of today
Listing date: 27 Jul, 2023
Chairperson Name: Sanjay Lodha