Wildnet Technologies IPO Details
RHP/DRHPIssue Date
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IPO Size
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Schedule of Wildnet Technologies IPO
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End date
Allotment of bids
Refund Initiation
Listing on exchange
About Wildnet Technologies IPO
The IPO of Wildnet Technologies Ltd comprises a fresh issue of up to 3,50,000 equity shares and an offer for sale of up to 28,00,000 equity shares. It’s a 100% book-built issue. The price band is TBA. The lot size is TBA.
The IPo opening date is TBA. The IPO closing date is TBA. The allotment date is TBA. The allotment date is TBA. The initiation of refunds will take place on TBA. The credit of shares will take place on TBA.
Objectives of Wildnet Technologies IPO
- Funding of capital expenditure requirements of the company towards purchase of office laptops
- General corporate purposes
Wildnet Technologies IPO Valuation
| Detail | Information |
|---|---|
Upper Price Band | TBA |
Fresh Issue | Up to 3,50,000 equity shares |
Offer for Sale | Up to 28,00,000 equity shares |
EPS in ₹ for FY24 | 3.08 |
Wildnet Technologies IPO Offer and Subscription Details
| Investor Category | Shares Offered |
|---|---|
QIBs | Not more than 50% of the offer |
Non-institutional Investors | Not less than 15% of the offer |
Retail Individual Investors | Not less than 35% of the offer |
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. As innovative digital applications permeate sector after sector, India is now prepared for the next phase of growth in its IT revolution.
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. Indian companies are focusing on investing internationally to expand their global footprint and enhance their global delivery centres.
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
Wildnet Technologies Ltd, is a technology driven Software Development and Consulting, Digital Marketing, Design and Development, IT Outsourcing and White Label Services provider. It empowers its clients to achieve digital transformation, significant growth and enhanced market value including brand reputation, customer loyalty and competitive positioning.
By leveraging cutting-edge technology, experienced teams, cost-efficient processes, its team provides custom scalable solutions with accelerated project timelines, enhanced security measures and comprehensive support. The company also helps the clients transform their digitisation vision into reality and stay ahead in the competitive market.
Wildnet Technologies IPO Strengths
Diversified Service Portfolio
The company offers a comprehensive range of services including Software Solution Development and Consulting, IT Outsourcing, Digital marketing, and white label solutions, catering to a wide array of client needs. It mainly offers services to help organisations rapidly develop powerful technology applications addressing their strategic business needs and promoting them utilising its digital marketing expertise.
Clients in International Market
The company caters mainly to international markets. Its customer base is spread across the globe with presence in countries majorly United Kingdom, United States of India, Philippines, Singapore, Australia, Canada, UAE, Ireland, Spain, Qatar, Georgia, Netherlands, Germany, Switzerland and Mexico
Professional Management
The company’s management and employee team combine experience to outline plans for the future development of the company. Industry knowledge and understanding also gives it the key competitive advantage enabling it to expand its geographical and customer presence in existing as well as target markets, while exploring new growth avenues.
It has an experienced and dedicated management team with significant experience in the industry that ensures efficient operations, strategic growth, and client-centric approaches.
Risks of Wildnet Technologies IPO
Need for Continuous Innovation
The success of Wildnet’s business hinges on its ability to continually innovate in response to shifting customer needs, adopt and develop new technologies, and adapt to evolving industry standards. Operating in an industry characterised by rapid technological advancements, dynamic industry standards, frequent service introductions, and changing customer demands, it recognises the necessity to stay ahead.
Failure to Innovate in Response to Changing Customer Needs
The company’s future success depends on its ability to continue to innovate and increase customer adoption of its platform and other areas. If it’s unable to enhance its platform to keep pace with these rapidly evolving customer requirements, or if new technologies emerge that are able to deliver competitive products at lower prices, more efficiently, more conveniently, or more securely than its platform, its business, financial condition, and results of operations could be adversely affected.
Unable to Enhance Current Portfolio
The company is dependent on its ability to develop and customise software solutions as per the demands and requirements of the customer based on latest technology. If it’s not able to enhance its current portfolio in response to evolving industry requirements, its operating results may be negatively affected.
All Financial Information about Wildnet Technologies IPO
Comparison with peers
| Company | EPS in ₹ | Return on Net Worth (in %) | NAV Per Share (in ₹) |
|---|---|---|---|
Wildnet Technologies Ltd | 3.08 | 24.62 | 12.53 |
Affle (India) Ltd | 5.60 | 8.35 | 32.44 |
All E Technologies Ltd | 7.82 | 14.49 | 53.99 |
Ksolves India Ltd | 28.87 | 142.07 | 20.26 |
Anchor Investor Bidding Date TBA
IPO Registrar and Book Running Lead Manager
- IPO Registrar: Bigshare Services Pvt Ltd
- Book Running Lead Manager: Shreni Shares Ltd
Business Model
Wildnet Technologies Ltd offers a range of digital marketing services, including pay-per-click advertising, social media marketing, programmatic Ads, search engine optimisation, ecommerce Marketing etc. Its Paid Search, Paid Social, Programmatic Ads and SEO services are designed to help businesses to build their online presence and reach their target audience effectively.
In addition to Digital marketing, Software development and Consulting Services, the company also offers IT staff augmentation services to help custom product businesses develop their platforms cost effectively and IT services agencies to scale their operations quickly and efficiently.
Company Growth Trajectory
The revenue from operations of Wildnet Technologies Ltd grew from ₹11.5366 crores in FY 22 to ₹23.9405 crores in FY 24. Its EBITDA margin increased from 9.95% in FY 22 to 16.18% in FY 24, while PAT margin grew from 8.43% in FY 22 to 14.47% in FY 24. Diversified service portfolio coupled with clients in the international market has helped in the company’s growth.
Market Position
Wildnet Technologies Ltd operates in both the domestic and international markets. In the domestic markets, its customer base is spread in Maharashtra, Delhi, Haryana, Telangana, Tamil Nadu, Uttar Pradesh, Kerala, Andhra Pradesh Rajasthan, Karnataka, and Uttarakhand. In the international markets, its spread across the globe with presence in countries majorly in the UK, US, Philippines, Singapore, Australia, Canada, UAE, Ireland, Spain, Qatar, Georgia, Spain, Netherlands and Mexico.
Wildnet Technologies IPO Profit and Loss
| Parameter | FY24 | FY23 | FY22 |
|---|---|---|---|
Total Income (in ₹crore) | 25.0112 | 22.4528 | 11.9197 |
Profit /(Loss) Before Tax (in ₹crore) | 4.5852 | 2.3189 | 1.1992 |
Profit After Tax (in ₹crore) | 3.4654 | 1.6273 | 0.9721 |
EBITDA (in ₹crore) | 3.8727 | 1.8272 | 1.1479 |
Basic EPS in ₹ | 3.08 | 1.45 | 0.87 |
Wildnet Technologies IPO Cash Flow Statement
| Parameter | FY24 | FY23 | FY22 |
|---|---|---|---|
Profit/ (Loss) Before Tax (in ₹crore) | 4.5852 | 2.3189 | 1.1992 |
Net Cash from Operating Activities (in ₹crore) | 0.3562 | 6.0206 | (3.6764) |
Net Cash from Investing Activities (in ₹crore) | (0.6553) | (5.1453) | (3.2901) |
Net Cash flow in Financing Activities (in ₹crore) | 0.3905 | (0.1401) | 0.0020 |
Closing Balance - Cash and Cash Equivalents (in ₹crore) | 1.5469 | 1.4554 | 0.7203 |
How to Check Allotment Status of Wildnet Technologies IPO?
1. Visit the Registrar’s Website
- Visit the official website of Bigshare Services Pvt Ltd
- Choose IPO Allotment Status from ‘Services’
- Click on any one of the servers
- Choose ‘Company Name’ from dropdown
- Enter either your application number, CAF number or beneficiary ID
- Enter captcha and click on ‘Submit’ to know the status
2. 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 Wildnet Technologies IPO?
To apply for this 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.
Wildnet Technologies IPO FAQs
Where can I read more about Wildnet Technologies business?
You can read more about Wildnet Technologies and its IPO from the company’s red herring prospectus (RHP) here.
What is the Wildnet Technologies IPO?
The IPO of Wildnet Technologies Ltd consists of a fresh issue and an offer for sale of equity shares of up to 3,50,000 and 28,00,000, respectively.
When will the IPO of Wildnet Technologies IPO go live?
The exact dates of the Wildnet Technologies IPO are yet to be announced.
From where can I read more about Wildnet Technologies and its IPO?
You can read more about Wildnet Technologies Ltd from the company’s draft red herring prospectus here.
