Net Avenue Technologies Ltd.
NNSE:CBAZAAR5.20
INR
+0.15
(+2.97%)
ISIN
INE518X01015
Return %
Stock
S&P 500
1Y
42.47
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
INR
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Rajesh Kumar Nahar
- Full Time Employees
- 51
- Sector
- Retail trade
- Industry
- Apparel/Footwear retail
- Address
- New No 16, Old No 13, Prithvi Avenue Surat GU India 600018
- IPO Date
- Dec 8, 2023
- Website
- natl.in
- Similar Companies
- Business
- Net Avenue Technologies Ltd (NSE: CBAZAAR) operates as an online digital direct-to-consumer e-commerce platform specializing in Indian ethnic wear and accessories, primarily targeting the South Asian diaspora through its proprietary websites cbazaar.com and ethnovog.com, as well as mobile applications. The company offers a comprehensive range of products including Lehenga Choli, Salwar Kameez, Gowns, Kurtas, Sherwani, Kurta Sets, kids' wear, and accessories tailored for women, men, teens, and kids; it also distributes through prominent e-commerce platforms such as Myntra, Nykaa, and Ajio. Orders are fulfilled directly to end consumers across more than 100 countries, with primary markets in the United States, United Kingdom, Australia, and Canada where all international sales are prepaid, while cash-on-delivery is available only in India; subsidiaries serve as commission agents and payment collectors for the parent company. Originally incorporated as Net Avenue Technologies Private Limited on June 7, 2001, in Chennai, Tamil Nadu, India, the company converted to a public limited entity and changed its name to Net Avenue Technologies Limited in September 2023, with its registered office in Chennai and operational facilities in Surat, Gujarat. Founded by Ritesh Katariya and Rajesh Nahar, it began as a gifting portal under chennaibazaar.com before diversifying into ethnic apparel and jewelry via cbazaar.com and ethnovog.com. In recent developments, the company listed on the National Stock Exchange's SME platform in December 2023 following its initial public offering to fund customer acquisition and marketing initiatives. On September 16, 2025, the board approved the incorporation of a wholly-owned subsidiary, Ethnovog International Inc., in the United States with $1,000 share capital to expand apparel operations, which was formally established on October 3, 2025, pending regulatory approvals. Additionally, in September 2025, Somani Ventures and Innovations Limited acquired 200,000 shares via a bulk deal at Rs 4 per share, signaling investor interest amid shareholding adjustments by entities like Inventus Capital Partners. The company held its annual general meeting on September 27, 2025, adopting FY2024-25 financials and reappointing Rajesh Nahar as director.