31 Mar 2021
Assets7.70
Total Income14.48
Profit After Tax0.23
NET Worth-2.28
Reserves and Surplus-2.51
Total Borrowing1.91
At a glance
Updated 2026-08-24The shares listed at ₹42.00, a 133.33% move from the issue price. Net Avenue Technologies is a SME IPO with an issue size of ₹10.25 crore, proposed for listing on NSE SME. The offer opens on 30th Nov 2023 and closes on 4th Dec 2023. The issue structure includes a fresh issue of ₹9.73 crore. The current listing schedule points to 8th Dec 2023.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹10.25 Cr
Fresh issue₹9.73 Cr
Face value₹1
Price band₹16.00–₹18.00
Allotment7th Dec 2023
Listing8th Dec 2023
Listing performance
Full performance ↗Issue price₹18.00
Listing price₹42.00
Current price—
Listing gain133.33%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹24.00
GMP / upper price133.33%
Est. listing₹42.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens30th Nov 2023
Closes4th Dec 2023
Allotment7th Dec 2023
Refund8th Dec 2023
Demat11th Dec 2023
Listing8th Dec 2023
Subscription demand
Full bidding ↗Total511.21×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 8000 | ₹144,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Customer Acquisition - Marketing & Awareness | ₹6.99 Cr |
| Funding Working Capital Requirement | ₹1.20 Cr |
| General Corporate Purpose | ₹0.82 Cr |
Financials
Full financials ↗31 Mar 2022
Assets12.95
Total Income32.76
Profit After Tax2.62
NET Worth0.43
Reserves and Surplus0.20
Total Borrowing0.84
31 Mar 2023
Assets14.20
Total Income34.51
Profit After Tax1.76
NET Worth2.34
Reserves and Surplus2.11
Total Borrowing2.76
30 Jun 2023
Assets13.18
Total Income7.84
Profit After Tax0.94
NET Worth3.29
Reserves and Surplus3.07
Total Borrowing2.93
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2023 | Jun 30, 2023 |
|---|---|---|
| ROE | 127.77% | 33.58% |
| ROCE | 5.28% | 12.42% |
| Debt / Equity | 1.18% | 0.89% |
| RoNW | 75.53% | 28.72% |
| PAT Margin | 5.55% | 10.33% |
| EBITDA Margin | 6.30% | 11.36% |
| Price to Book Value | 0.66 |
Valuation & shareholding
Pre-IPO EPS2.10
Pre-IPO P/E8.57
Post-IPO P/E10.23
Promoter holding pre45.31%
Promoter holding post33.28%
Market cap₹38.62 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead Manager Fees including underwriting commission | ₹0.74 Cr |
| Brokerage, selling, commission and upload fees | ₹0.00 Cr |
| Registrar to the issue | ₹0.02 Cr |
| Legal Advisors | ₹0.01 Cr |
| Advertising and Marketing expenses | ₹0.02 Cr |
| Regulators including stock exchanges | ₹0.04 Cr |
| Printing and distribution of issue stationery | ₹0.01 Cr |
| Others, if any (market making, depositories, marketing fees, secretarial, peer review auditors, etc.) | ₹0.41 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Location
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.