XML 78 R66.htm IDEA: XBRL DOCUMENT v3.24.3
SCHEDULE OF COMPONENTS OF NOTES PAYABLE AND CAPITAL LEASES (Details) (Parenthetical)
 3 Months Ended
Sep. 30, 2024
USD ($)
Sep. 30, 2024
CNY (¥)
Sep. 30, 2024
INR (₨)
Sep. 30, 2024
GBP (£)
Jun. 30, 2024
USD ($)
Jun. 30, 2024
CNY (¥)
Jun. 30, 2024
INR (₨)
Jun. 30, 2024
GBP (£)
Short Term Financing [Member]                
Debt Instrument [Line Items]                
Line of credit facility, maximum borrowing capacity $ 427,960 ¥ 3,000,000            
NetSol Beijing [Member] | Short Term Financing [Member]                
Debt Instrument [Line Items]                
Line of credit facility, maximum borrowing capacity $ 427,960 ¥ 3,000,000     $ 412,655 ¥ 3,000,000    
Debt instrument, interest rate 3.80% 3.80% 3.80% 3.80% 3.80% 3.80% 3.80% 3.80%
HSBC Bank [Member]                
Debt Instrument [Line Items]                
Line of credit facility, maximum borrowing capacity $ 1,000,000              
Debt instrument, interest rate 8.25% 8.25% 8.25% 8.25% 8.75% 8.75% 8.75% 8.75%
Line of credit $ 250,000            
HSBC Bank [Member] | NTE [Member]                
Debt Instrument [Line Items]                
Line of credit facility, maximum borrowing capacity $ 400,000     £ 300,000        
Debt instrument, interest rate 9.50% 9.50% 9.50% 9.50% 9.50% 9.50% 9.50% 9.50%
Line of credit | £            
Commitment fee percentage 200.00%              
Askari Bank Limited [Member] | NetSol PK [Member]                
Debt Instrument [Line Items]                
Line of credit facility, maximum borrowing capacity $ 1,800,504   ₨ 500,000,000   $ 1,796,558   ₨ 500,000,000  
Debt instrument, interest rate 14.50% 14.50% 14.50% 14.50% 17.50% 17.50% 17.50% 17.50%
Askari Bank Limited [Member] | NetSol PK [Member] | Running Finance Facility [Member]                
Debt Instrument [Line Items]                
Line of credit facility, maximum borrowing capacity $ 193,014   ₨ 53,000,000          
Debt instrument, interest rate 18.10% 18.10% 18.10% 18.10% 22.20% 22.20% 22.20% 22.20%
Line of credit | ₨            
Debt instrument, covenant description This facility requires NetSol PK to maintain a long-term debt equity ratio of 60:40 and a current ratio of 1:1. As of September 30, 2024,NetSol PK was in compliance with this covenant.              
Samba Bank Limited [Member] | NetSol PK [Member] | Refinance Facility [Member]                
Debt Instrument [Line Items]                
Line of credit facility, maximum borrowing capacity $ 1,368,383   ₨ 380,000,000   $ 1,365,384   ₨ 380,000,000  
Debt instrument, interest rate 14.50% 14.50% 14.50% 14.50% 17.50% 17.50% 17.50% 17.50%
Debt instrument, covenant description During the tenure of the loan, the facilities from Samba Bank Limited require NetSol PK to maintain at a minimum a current ratio of 1:1, an interest coverage ratio of 4 times, a leverage ratio of 2 times, and a debt service coverage ratio of 4 times. As of September 30, 2024, NetSol PK was in compliance with these covenants.              
Habib Metro Bank Limited [Member] | Refinance Facility [Member]                
Debt Instrument [Line Items]                
Line of credit facility, maximum borrowing capacity $ 3,240,907   ₨ 900,000,000   $ 3,233,804   ₨ 900,000,000  
Habib Metro Bank Limited [Member] | NetSol PK [Member] | Refinance Facility [Member]                
Debt Instrument [Line Items]                
Line of credit facility, maximum borrowing capacity $ 2,520,706   ₨ 700,000,000   $ 2,515,181   ₨ 700,000,000  
Debt instrument, interest rate 14.50% 14.50% 14.50% 14.50% 17.50% 17.50% 17.50% 17.50%
Habib Metro Bank Limited [Member] | NetSol PK [Member] | Sale and Leaseback Financing [Member]                
Debt Instrument [Line Items]                
Line of credit facility, maximum borrowing capacity $ 44,746   ₨ 12,425,952   $ 56,842   ₨ 15,819,683  
Line of credit, long term 4,957       9,684      
Line of credit facility current $ 39,789       $ 47,158      
Minimum [Member] | Habib Metro Bank Limited [Member] | NetSol PK [Member] | Sale and Leaseback Financing [Member]                
Debt Instrument [Line Items]                
Debt instrument, interest rate 22.70% 22.70% 22.70% 22.70% 22.70% 22.70% 22.70% 22.70%
Maximum [Member] | Habib Metro Bank Limited [Member] | NetSol PK [Member] | Sale and Leaseback Financing [Member]                
Debt Instrument [Line Items]                
Debt instrument, interest rate 24.20% 24.20% 24.20% 24.20% 24.20% 24.20% 24.20% 24.20%
Directors and Officers and Error and Omissions Liability Insurance [Member] | Minimum [Member]                
Debt Instrument [Line Items]                
Line of credit facility interest rate 8.60% 8.60% 8.60% 8.60% 8.60% 8.60% 8.60% 8.60%
Directors and Officers and Error and Omissions Liability Insurance [Member] | Maximum [Member]                
Debt Instrument [Line Items]                
Line of credit facility interest rate 10.90% 10.90% 10.90% 10.90% 10.90% 10.90% 10.90% 10.90%