Newjaisa Technologies Limited IPO
NSE SMEListed On: Oct 5, 2023 at ₹ 71.0
₹ 282000 /6000 Shares
*Min Investment
25 Sep, 2023
Open Date27 Sep, 2023
Close Date02 Oct, 2023
Allotment Date05 Oct, 2023
Listing DateNewjaisa Technologies Limited IPO Issue Details
- Issue Price ₹44-47 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 8,496,000 shares(aggregating up to ₹39.93 Cr)
- Listing at NSE SME
- List Price 71.0
- Listing Date 2023-10-05
- Lead Manager Indorient Financial Services Ltd
- Registrar Bigshare Services Pvt Ltd
Newjaisa Technologies Limited IPO Details
- Retail Portion 35%
Newjaisa Technologies Limited IPO Details
Newjaisa Technologies Limited IPO is an SME IPO, priced at ₹44-47 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Sep 25, 2023 to Sep 27, 2023. The allotment is expected to be finalized on Oct 2, 2023, and the tentative listing date is Oct 5, 2023.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
Newjaisa Technologies Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Day 1 - 25-09-23 05:00 PM | 0.00/0.23 x | 0.60 x | 0.35 x |
Day 2 26-09-23 05:00 PM | 0.00/0.37 x | 1.81 x | 0.98 x |
Day 3 27-09-23 05:00 PM | 1.02/15.69 x | 6.54 x | 6.93 x |
Newjaisa Technologies Limited Valuations
Newjaisa Technologies Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 2,208.70 | 559.15 | 337.99 |
| Revenue | 4,453.23 | 2,792.50 | 960.71 |
| Profit After Tax | 675.57 | 180.19 | 73.36 |
About Newjaisa Technologies Limited Company
Newjaisa Technologies Limited provides refurbished electronics at discounted prices.
The company procures used gadgets such as laptops, desktops, and peripherals, refurbishes them and sells them directly to end-use customers businesses or retail. Currently, the Company is engaged in direct sales of IT Products i.e. Laptops/ Chromebooks, Desktops/Chromeboxes/ Monitors, and Accessories (Keyboard, Mouse, WiFi, Speakers) which is its key revenue model.
Newjaisa Technologies caters to the Pan India customer base which includes students, home users, SMEs, and working professionals via e-commerce and online platforms.
The company has over 347 (99 employees and 248 Interns) operating out of 28,750 Sq Ft delivering approximately 5,500 refurbished SKUs on a monthly basis.
Newjaisa Technologies Limited - Promoter(s)
Mr. Vishesh Handa
Mr. Mukunda Raghavendra
Pre Issue Share Holding : 94.23%
Post Issue Share Holding : %
Newjaisa Technologies Limited IPO - Issue Objectives
Expansion of refurbishment facility and purchase of plant, machinery, and equipment.
Investment in technology development, Branding and marketing, and Funding Working Capital requirement.
Repayment of Bank facilities and General Corporate purposes.
Newjaisa Technologies Limited IPO - FAQs
Ans. Newjaisa Technologies Limited IPO is a SME IPO. The issue is priced at ₹44-47 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Sep 25, 2023, and closes on Sep 27, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Newjaisa Technologies Limited IPO opens on Sep 25, 2023 and closes on Sep 27, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Newjaisa Technologies Limited IPO is 8,496,000 shares(aggregating up to ₹39.93 Cr).
Ans. The Newjaisa Technologies Limited IPO price band is set between ₹44-47 per equity share.
Ans. To apply for Newjaisa Technologies Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Newjaisa Technologies Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Newjaisa Technologies Limited IPO is Oct 2, 2023.
Ans. The Newjaisa Technologies Limited IPO will be listed on Oct 5, 2023.
Ans. Follow the steps to check the Newjaisa Technologies Limited IPO allotment status online.
