Newjaisa Technologies Limited IPO

NSE SME

Listed On: Oct 5, 2023 at ₹ 71.0

₹ 141000 /3000 Shares

Check Allotment

Newjaisa Technologies Limited IPO Details

25 Sep, 2023

Open Date

27 Sep, 2023

Close Date

02 Oct, 2023

Allotment Date

05 Oct, 2023

Listing Date

Issue Price

₹44-47 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

71.0

Listing Date

2023-10-05

Market Lot

3000 Shares (₹141,000/-)

Lead Manager

Indorient Financial Services Ltd

Issue Size

8,496,000 shares(aggregating up to ₹39.93 Cr)

Retail Portion

35%

Subscription

6.93 times

IPO Docs

DRHP RHP

Newjaisa Technologies Limited IPO Subscription 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

Earnings Per Share (EPS)

₹3.03/-

P/E Ratio

15.51

RoNW

72.63%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Newjaisa Technologies Limited Company Financials All values are in ₹ Lakh

	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 The 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)

Pre Issue Share Holding: 94.23%

Post Issue Share Holding: %

Company Promoter(s)

Mr. Vishesh Handa
Mr. Mukunda Raghavendra

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. The size of Newjaisa Technologies Limited IPO is 8,496,000 shares(aggregating up to ₹39.93 Cr).

Ans. The IPO price band is set between ₹44-47 per equity share.

Ans. To apply for Newjaisa Technologies Limited IPO 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 allotment status for Newjaisa Technologies Limited IPO here.