
Emerging SME Services · NSE
Incorporated in 1998, Net Avenue Technologies Limited (formerly Net Avenue Inc.) is a digital direct-to-consumer brand focused on Indian ethnic wear and accessories, catering primarily to global South Asian customers across countries like the US, UK, Australia, and Canada. The company started with chennaibazaar.com as a gifting portal for NRIs and later expanded into ethnic wear through cbazaar.com and ethnovog.com, offering size-inclusive and budget-friendly fashion. Its products include lehengas, salwar kameez, kurtas, sherwanis, kidswear, and accessories, along with a luxury designer label “RaiR.” The company also partners with leading platforms like Myntra, Nykaa, and Ajio, and its Cbazaar brand has been recognized as one of the best online shops in the US (2020) and among the fastest-growing brands in 2022.
Price Band
₹16 – ₹18
Issue Size
₹10.26 Cr
Lot Size
8000 shares
GMP
+133.3%
Est. Listing
₹42
at current GMP
Subscribed
511.18x
overall
Open
30 Nov 2023
Close
4 Dec 2023
Allotment
5 Dec 2023
Refund
6 Dec 2023
Demat Credit
7 Dec 2023
Listing
8 Dec 2023