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Net Avenue Technologies Ltd Fundamentals

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Market Cap

10.73 Cr.

Face value

1.00

Book value

2.88

Div. yield

0.000

P/E ratio

0.00

P/B ratio

1.74

Debt/Eq.

0.13

Market Cap

10.73 Cr.

Face value

1.00

Book value

2.88

Div. yield

0.00%

P/E ratio

0.00

P/B ratio

1.74

Debt/Eq.

0.13
About Net Avenue Technologies Ltd
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Net Avenue Technologies was originally incorporated on June 07, 2001 as ‘Net Avenue Technologies Private Limited’ under the provisions of the Companies Act, 1956 with the Registrar of Companies, Tamil Nadu. Subsequently the company was converted into Read more ▾

Industrye-Commerce
SectorRetailing
Top subsidiaries
Cbazaar.Com Inc
MANAGEMENT
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Non Executive DirectorK Naresh Kumar
Chairman & Managing DirectorRajesh Nahar
Non Executive Independent DirectorRiya Jain
Company Secretary & Compliance OfficerDadwani Bhumisha Darshan
Whole Time DirectorRitesh Katariya
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Non Executive DirectorK Naresh Kumar
Chairman & Managing DirectorRajesh Nahar
Non Executive Independent DirectorRiya Jain
Company Secretary & Compliance OfficerDadwani Bhumisha Darshan
Whole Time DirectorRitesh Katariya
Chairman & Managing DirectorRajesh Nahar
Non Executive Independent DirectorRajagopalachari Murali
Non Executive Independent DirectorRiya Jain
Chairman & Managing DirectorRajesh Nahar
Non Executive DirectorNaresh Kumar
Company Secretary & Compliance OfficerBhumisha Darshan Dadwani
Non Executive Independent DirectorMurali Rajagopalachari
Whole Time DirectorRitesh Katariya
Chairman & Managing DirectorRajesh Nahar
Other detail of Net Avenue Technologies Ltd
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location
AddressNew No. 16, Old No. 13 1st Floor Prithvi Avenue Alwarpet, Teynampet ,Chennai ,Tamil Nadu-600018.
phone
Telephone9962196000
email
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MORE DETAILS
NSE Code20409
NSE SymbolCBAZAAR
SeriesST
ISININE518X01015
Net Avenue Technologies was originally incorporated on June 07, 2001 as ‘Net Avenue Technologies Private Limited’ under the provisions of the Companies Act, 1956 with the Registrar of Companies, Tamil Nadu. Subsequently the company was converted into Public Limited Company and name of company was changed from ‘Net Avenue Technologies Private Limited’ to ‘Net Avenue Technologies Limited’ vide fresh certificate of incorporation dated September 22, 2023 issued by the Registrar of Companies, Chennai.Net Avenue Technologies is engaged in online digital direct-to-consumer business for Indian Ethnic wear and accessories. The company also has presence in International cross-border e-commerce direct-to-consumer for its products. Its product range includes Indian ethnic wear and accessories for women, men, teens and kids. The company’s core business is to sell Indian Ethnic wear and accessories, primarily catering to the South Asian Diaspora, a segment it reaches through its website and mobile applications. Furthermore, the company extends its reach by distributing its products through various prominent Ecommerce platforms, including but not limited to Myntra, Nykaa, and Ajio, among others.The company has crafted its business foundation through iterative innovation to enhance consumer satisfaction and optimise purchasing behaviour. The company acknowledges that the consumer's path to product selection often involves a substantial amount of time dedicated to exploration. Consequently, the company is committed to gaining insights into the decision-making process and providing support at crucial junctures throughout a consumer's journey on its platform. To this end, it has strategically integrated across multiple touchpoints, enabling it to engage consumers and curate personalised browsing and purchasing experiences that cater to the diverse needs of its valued customers.Business area of the companyThe company is engaged in online digital direct-to-consumer business for Indian Ethnic wear and accessories. The company also has presence in International cross-border e-commerce direct-to-consumer for its products. Its product range includes Indian ethnic wear and accessories for women, men, teens and kids.Products of the companyLehenga CholiSalwar KameezGownsKurtasSherwaniKurta SetsKids wearAccessoriesHistory and milestones2001-02: Incorporation of the company in the name and style of ‘Net Avenue Technologies Limited’.2017-18: Net Avenue launched its own private label brand, Ethnovog.2020: Cbazaar.com, owned by Net Avenue Technologies was rated as one of the best online shops in the United States.2022: Cbazaar.com, owned by Net Avenue Technologies was rated as one of the fastest growing brands in the United States.2023-24: Converted into Public Limited Company vide fresh certificate of incorporation dated September 22, 2023.
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