IPO Details
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IPO Size
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Schedule of Netanalytiks Technologies IPO
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End date
Allotment of bids
Refund Initiation
Listing on exchange
About Netanalytiks Technologies IPO
The IPO of Netanalytiks Technologies Ltd comprises a fresh issue of up to 11,23,200 equity shares. There’s no offer for sale in this IPO, which is a fixed price issue. The price range and the lot size of the IPO are TBA.
The date of listing of shares is TBA. The credit of shares to the demat account will take place on TBA. The basis of allotment will take place on TBA. The initiation of refunds will take place on TBA.
Objectives of Netanalytiks Technologies IPO
- Development of GEN AI Product / Solution
- Working capital requirement
- General corporate expenses
Netanalytiks Technologies IPO Valuation
Industry Outlook
The IT & BPM sector has become one of the most significant growth catalysts for the Indian economy, contributing significantly to the country’s GDP and public welfare. The IT industry accounted for 7.5% of India’s GDP in FY23, and it is expected to contribute 10% to India’s GDP by 2025.
According to the National Association of Software and Service Companies (NASSCOM), the Indian IT industry’s revenue touched US$ 227 billion in FY22, a 15.5% YoY growth and was estimated to have touched US$ 245 billion in FY23.
The IT spending in India is estimated to record a double-digit growth of 11.1% in 2024, totalling US$ 138.6 billion up from US$ 124.7 billion last year. The Indian software product industry is expected to reach US$ 100 billion by 2025. India's IT industry is likely to hit the US$ 350 billion mark by 2026 and contribute 10% towards the country's gross domestic product (GDP), Infomerics Ratings said in a report.
Company Information
Netanalytiks Technologies Limited, is engaged in the business of providing Information Technology (IT) Solutions to both public and private organisations mainly in the Information Technology (IT) sector. Since its incorporation, the company has been actively involved in delivering a wide range of IT services across diverse roles and responsibilities.
Netanalytiks caters to the specific needs of clients within the IT sector by offering tailored services that ensure high performance, efficiency, and compliance with industry standards.
Strengths of Netanalytiks Technologies IPO
Smooth Flow of Operations
Over the years, the company has developed a wide clientele base and this was done with its valued based relationship approach. Its existing relationships help it to get repeat businesses from its customers. This has helped it maintain a long-term working relationship with its customers and improve its customer retention strategy. It believes that its existing relationship with its clients represents a competitive advantage in gaining new clients and increasing its business.
Well-defined Organisational Structure
The company has a qualified and experienced management team empowered to take timely decisions which makes the operations of its business smoother and ensures efficiency in all aspects of its operations. It believes that its senior management has pioneered its growth and fostered a culture of innovation, entrepreneurship and teamwork within the organisation.
Quality Policy
Total customer satisfaction is always the guiding principle in providing product excellence. The company ensures this by implementing and continually improving its quality management system, adhering to timelines and schedules, being cost competitive, enabling teamwork with the organisation, doing things right the first time and every time etc.
Customer Centric Business Model
The company focuses on attaining the highest level of customer satisfaction. Understanding the consumer is one of the most important skills required to be successful in this business. The progress to be achieved by it will be largely due to its ability to address and exceed customer satisfaction.
Risks of Netanalytiks Technologies IPO
- Highly Competitive Industry
The industry in which Netanalytiks operates is highly competitive and it may not be able to compete effectively with competitors. In addition to competition from its competitors, the company is also affected by competition faced by its customers, specifically large clients who operate in the IT/ITES sector. If it’s unable to maintain its competitiveness, its market share, revenue and profits could decline.
- Extensive Government Regulation
Compliance with many of the regulations applicable to its operations may involve incurring significant costs and otherwise may impose restrictions on its operations. Netanalytiks cannot assure that it will not be subject to any adverse regulatory action in the future. If the interpretation of the regulators and authorities varies from its interpretation, it may be subject to penalties and the business of the company could be adversely affected.
- Dependence on Large Clients for Revenues
A significant portion of the company’s business is attributable to certain large clients. Any deterioration of their financial condition or prospects may have an adverse impact on its business. Further, if it fails to expand the size of its business with its existing clients or expand to new clients, or if it loses its large clients, its business, revenue, profitability and growth will be adversely affected.
Netanalytiks Technologies IPO Financials
Peer Comparison
| Company Name | Revenue from Operations (in ₹ crores) | EPS in ₹ | Return on Net Worth (in %) | NAV Per Share (in ₹) |
|---|---|---|---|---|
Netanalytiks Technologies Ltd | 10.67 | 8.19 | 46.03 | 17.78 |
Integrated Personnel Services Ltd | 205.72 | 5.43 | 11.16 | 48.68 |
ANI Integrated Services Ltd | 171.93 | 4.89 | 9.17 | 53.32 |
Systango Technologies Ltd | 52.67 | 11.07 | 21.02 | 52.69 |
Euphoria Infotech (India) Ltd | 6.01 | 4.40 | 5.64 | 56.60 |
S A Tech Software India Ltd | 71.88 | 4.06 | 31.63 | 12.74 |
IPO Registrar and Book Running Lead Manager
- IPO Registrar: Integrated Registry Management Services (P) Ltd
-Book Running Lead Manager: Finshore Management Services Ltd
Business Model
The service portfolio of Netanalytiks Technologies Ltd can be broadly classified in 3 main categories i.e. (1) IT Consultancy Services; (2) Placement Services; and (3) Business Support Services. It’s an ISO 9001:2015 and ISO 27001:2013 certified company for providing IT Consulting and Delivery Services, IT Recruitment and Staffing Services, Corporate Training Services and IT Product Development Services which highlight its commitment to quality, security, and excellence in the delivery of its services.
Company Growth Trajectory
The revenue from operations of Netanalytiks Technologies Ltd grew from ₹4.8801 crores in FY 22 to ₹10.6778 crores in FY 24. Its EBITDA margin grew from 18.60% in FY 22 to 28.33% in FY 24, while PAT margin grew from 9.63% in FY 22 to 21.73% in FY 24. Rich management experienced and skilled team coupled with customer centric business model has aided in the company's growth.
Market Position
The company is an ISO 9001:2015 and ISO 27001:2013 certified company for providing IT consulting and delivery services, IT recruitment and staffing services, corporate training services and IT product development services. The company is promoted and managed by Mr. Shankara Anantharamaiah Chilkunda and Mr. Lakshminarayana Ullala, who together bring over 20 years of extensive experience in the industry.
Netanalytiks Technologies Profit and Loss
| Parameter | FY 24 | FY 23 | FY 22 |
|---|---|---|---|
Total Income (in ₹ crores) | 10.88 | 7.99 | 4.88 |
Profit Before Tax (in ₹ crores) | 3.18 | 1.61 | 0.63 |
Profit After Tax (in ₹ crores) | 2.36 | 0.83 | 0.47 |
EPS in ₹ | 8.19 | 2.90 | 1.63 |
Netanalytiks Technologies IPO Balance Sheet
| Parameter | FY 24 | FY 23 | FY 22 |
|---|---|---|---|
Profit Before Tax (in ₹ crores) | 3.18 | 1.61 | 0.63 |
Net Cash Generated/(Used) From Operating Activities (in ₹ crores) | (0.83) | (0.08) | 0.79 |
Net Cash Generated/(Used) From Investing Activities (in ₹ crores) | 0.95 | 1.32 | (0.23) |
Net Cash Generated/(Used) From Financing Activities (in ₹ crores) | (0.60) | (0.77) | (0.43) |
Cash and Cash Equivalents at End of the Year (in ₹ crores) | 0.42 | 0.90 | 0.43 |
How to Apply for the Netanalytiks Technologies IPO?
Visit the Registrar’s Website
- Visit the official website of Integrated Registry Management Services Ltd
- Click on IPO / Rights Issue Allotment / BuyBack Entitlement Status under 'Registrars to Issues & STA' under 'Services'
- Choose IPO under Allotment Option and select company
- Enter either your application number, PAN number or DP ID
- Enter captcha and click on 'Submit' to know the status
Check on the Bombay Stock Exchange Website
The Bombay Stock Exchange (BSE) also has an IPO allotment status page. Go to www.bseindia.com and find the 'Investor Services' tab. Under 'Investors Services', click on 'Status of Issue Application'. This will take you to the IPO allotment status page. On the BSE IPO page, follow these steps:
- Choose the Issue Type
- Select the Issue Name from dropdown
- Put in either your application number or PAN number
- Check the box ‘I’m not a robot’
- Click on ‘Search’ to know allotment status
How to Apply for the Netanalytiks Technologies IPO?
- Step 1: Log in to your Kotak Securities Demat account: Log in to your Demat account to access IPO investments. Next, select the current IPO section.
- Step 2: Specify IPO details: Enter the number of lots and the price you wish to apply for.
- Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4: Mandate Notification: Your UPI app will receive a mandate notification to block funds.
- Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. Please read the SEBI-prescribed Combined Risk Disclosure Document before investing. Brokerage will not exceed SEBI’s prescribed limit.
Netanalytiks Technologies IPO FAQs
Where can I read more about Netanalytiks Technologies business?
You can read more about Netanalytiks Technologies and its IPO from the company’s red herring prospectus (RHP) here.
What is the Netanalytiks Technologies IPO?
The Netanalytiks Technologies Ltd IPO comprises a fresh issue of up to 11,23,200 equity shares aggregating up to ₹11.2320 crores.
When will the IPO of Netanalytiks Technologies go live?
The exact dates of the IPO are not known.
