NetWeb Tech India

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History

        It was founded in 1999 by Sanjay Lodha. He is the present  CEO & MD  of the company. He is a Global Business director for Tuba coat, a subsidiary of Tebacex group, Spain. The company headquarters located in New Delhi. It is a High -end computing solution Provider company. It is one of the India original equipment manufacture. It production- linked incentive scheme under the IT hardware, Telecom service and networking for providing both private industry and Government of India.

Offered

        This company provide High- performance computing system, Private clouding, Hyper- converged infrastructure, AI (artificial Intelligent)system, enterprise workstation, High-performance storage solution, data center service and software service. 

        This company also offered a comprehensive range of products and solution. It encompassing the entire spectrum of designing, Developing and Implementing.

List of Consumers

        The IIT Jammu, IIT Kanpur, Airamatrix, NMDC data center, Graviton, INST, HL Mando, IIT naya Raipur. JNU (Jawaharlal Nehru University), Hemvati university, Akamai, APT portfolio, Yotta data, CUHP university and an R&D organization with the ministry of Electronics and Information Technology. It also serves 2,011 clients.

Collaboration

        It collaboration with Intel Americas, Advance micro devices, Samsung India electronics private limited, Nvidia corporation and Seagate private limited.

Competitors

        Infosys, Happiest Minds, Globant, Wipro and UST are the main competitors 

Negatives

        In 2021 to 2023, the company experience low- capacity utilization.

        This company does not engage in hedging transaction to manage its foreign currency exposure. This cause losses due to the fluctuation in foreign currency ex-change rate.  This affect the company's business operation and overall financial condition.

        The company orders comes from government- related entities, usually this projects are awarded through a tender process. It reduce the secure of contracts or being forced to lower bid values it could affect the company performance.

        In 2021, the company experienced the negative cash flow from operating activities. 

IPO

        It comes to Ipo on 20 July 2023. The bidding date is 17th to 19th July 2023.  It set the price range of  rupees 475 to 500 for 631 crore.

        


Location: India

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