Net Avenue Technologies IPO

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Discover the essence of Net Avenue Technologies, a pioneer in the digital direct-to-consumer space, specializing in Indian ethnic wear and accessories.

🗓️ Open Date: November 30, 2023 🗓️ Close Date: December 4, 2023 💼 Lot Size: 8000 💰 IPO Size: ₹10.25 Crores 💹 IPO Price Range: ₹16 to ₹18 🔍 Listing Exchange: NSE SME

Net Avenue Technologies IPO Details

Financial Success

💰 Revenue (FY23): ₹33.44 Crores 📊 EBITDA (FY23): ₹2.11 Crores 📈 PAT (FY23): ₹1.86 Crores

Company Strengths

1. Diverse product portfolio. 2. Customer-centric approach. 3. Tech-driven business model. 4. Sustainable Fashion Advocate. 5. Data-Driven Body Sizing for Optimal Fit.

Company Risk

1. Dependence on online commerce growth. 2. Operating in a competitive industry. 3. Exposure to currency fluctuations. 4. Payment-related risks. 5. Historical negative cash flow.