Newjaisa Technologies IPO will be Open on 25 September 2023 and closes on 27 September 2023. The company has fixed the price of this IPO at ₹47 according to the face value of ₹10. The company will raise ₹39.93 Crores through this IPO under the 8,496,000 Equity Shares public issue, and the offer is 100% Book Built Issue. The company reserve quota in this IPO 50% for QIB 15% for NII and 35% Retail Investor.
Newjaisa Technologies Limited provided technology driven Direct to consumer refurbished IT electronics quality refurbished electronics at significant discount as compared to new products. The company goal is to provide best in-class, refurbished electronics at affordable prices. You can check Newjaisa Technologies IPO GMP here.
The company business model encompasses end to end reverse supply chain for IT assets. It involves procuring used IT assets (laptops, desktops and peripherals), refurbishing them to as close to new computer condition, and selling them directly to end use customers – businesses or retail.
The company currently is engaged into direct sales of IT Products i.e Laptops/ Chromebooks, Desktops/Chromeboxes/ Monitors and Accessories (Keyboard, Mouse, WiFi, Speakers) which is its key revenue model. The company currently are focused and operate in Indian market and cater to our Pan India customer base via ecommerce and our online platforms and caters its products across industries. You can check Newjaisa Technologies IPO Allotment status here.
The company Online first approach is helping us cater and scale to Pan India customer base without high distribution and inventory overheads. It helps us to also service customer faster and economically. The company has served customer at more than 19,298 pin codes in India, with our centralized team and plant in Bangalore. You can check Newjaisa Technologies IPO subscription status here.
Objects Of The Issue :
- Expansion of refurbishment facility and purchase of plant,
- machinery and equipment
- Investment in technology development
- Branding & Marketing
- Funding Working Capital requirement
- Repayment of Bank facilities
- General Corporate purposes
Company Strengths :
- Proprietary and scalable refurbishment process
- Partnership with industry leaders
- Highly qualified team with robust experience
- Market opportunity from CSR and other ESG linked initiatives
- Expansion into new verticals like tablets and other IT products etc
- Entry into international market
| Read also: Upcoming IPO List 2023 |
Newjaisa Technologies IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹6.76 Cr ₹47 Per Shares 3.03 15.51x 72.63 % 72.63 % 72.63 % N/A ₹4.17 ₹22.09 Cr ₹151.26 Cr 94.23 % – % |
| Team Review : | ✔ Apply For Long Term |
Newjaisa Technologies IPO GMP Live:
Newjaisa Technologies IPO GMP Or Grey Market Premium available here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and stable some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 26 Sep 2023 | ₹-₹ | ₹ |
| 25 Sep 2023 | ₹0-₹0 | ₹0 |
| 24 Sep 2023 | ₹0-₹0 | ₹0 |
| 23 Sep 2023 | ₹0-₹0 | ₹0 |
Newjaisa Technologies IPO Date & Price Band & Details :
| Issue Offer : | Book Built Issue |
| IPO Open : | 25 September 2023 |
| IPO Close : | 27 September 2023 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹44-₹47 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹39.93 Cr (8,496,000 Shares) |
| Fresh Issue : | ₹39.93 Cr (8,496,000 Shares) |
Newjaisa Technologies IPO Market Lot :
Newjaisa Technologies IPO Minimum Market lot is 1 Lot with 3000 shares with ₹141,000 Application amount. The retail investors can apply up to 1 lots with 3000 Shares or ₹141,000 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 3000 | ₹141,000 |
| Retail (Max) : | 1 | 3000 | ₹141,000 |
| S-HNI (Min) : | 2 | 6000 | ₹282,000 |
Newjaisa Technologies IPO Shares Offer :
A Total of 8,496,000 shares are to be bid for the public issue by Newjaisa Technologies IPO with 8,496,000 for Fresh issue and – for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 8,496,000 | ₹39.93 Cr |
| Offer For Sale : | – | ₹- |
| Total : | 8,496,000 | ₹39.93 Cr |
Newjaisa Technologies IPO Net Reservation :
Newjaisa Technologies IPO Net Reservation of 8,496,000 shares are to be bid for the public issue by Newjaisa Technologies IPO with 40,32,000 for QIB and 12,12,000 for NII 28,26,000 For RII.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 40,32,000 | ₹18.95 Cr |
| NII : | 15% | 12,12,000 | ₹5.70 Cr |
| RII : | 35% | 28,26,000 | ₹13.28 Cr |
| MMRP : | – % | 4,26,000 | ₹2.00 Cr |
| Total : | 100% | 8,496,000 | ₹39.93 Cr |
Newjaisa Technologies IPO EPS & RoNW :
The Newjaisa Technologies company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2023 | ₹3.03 | 72.63% | ₹4.17 |
| 2022 | ₹0.81 | 70.79% | ₹1.14 |
| 2021 | ₹0.33 | 98.66% | ₹0.34 |
Newjaisa Technologies IPO Peer Comparison PE :
The Newjaisa Technologies, According to RHP of the company few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Cerebra Technologies | 2.45 |
Newjaisa Technologies IPO Dates :
Newjaisa Technologies IPO Date is 25 September 2023 and closes on 27 September 2023. The allotment will be finalized on 04 October 2023 and the IPO may list on 09 October 2023.
| Issue Open Date : | 25 September 2023 |
| Issue Close Date : | 27 September 2023 |
| Allotment Date : | 04 October 2023 |
| Refund Date : | 05 October 2023 |
| Share Credit Date : | 06 October 2023 |
| Listing Date : | 09 October 2023 |
Newjaisa Technologies IPO Form :
There are two ways to apply in Newjaisa Technologies IPO. You can apply for Newjaisa Technologies IPO through ASBA available in your bank account. You have to go to your online bank login and select Newjaisa Technologies IPO in the Invest section and apply through your bank account. Another option is you can apply Newjaisa Technologies IPO through IPO form download through NSE and BSE. See the Newjaisa Technologies IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Newjaisa Technologies Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹4,453.23 | ₹3,634.33 | ₹675.57 |
| 2022 | ₹2,792.50 | ₹2,547.53 | ₹180.19 |
| 2021 | ₹960.71 | ₹862.58 | ₹73.36 |
Company Promoters :
■ Vishesh Handa
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Newjaisa Technologies IPO Lead Managers :
■ Indorient Financial Services Ltd
Newjaisa Technologies IPO Registrar :
Bigshare Services Private Limited
S6-2, 6th Pinnacle Business Park,
Mahakali Caves Road, next to Ahura Centre, Andheri
East, Mumbai- 400093, Maharashtra, India
Tel No.: +91 – 22 – 6263 8200
Fax No. +91 – 22 – 6263 8299
E-mail: [email protected]
Investor Grievance Email: [email protected]
Website: www.bigshareonline.com
Note: Check Newjaisa Technologies IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Newjaisa Technologies Limited
207/B2, 2nd Cross Road, J.C,
Industrial Estate Bikasipura Main Road,
Off Kanakpura Road,
Near Delhi Public School Bangalore,
560078, Karnataka, India.
Tel No: 91 99714 33963
E-mail: [email protected]
Website: www.newjaisa.com
Newjaisa Technologies IPO FAQs :
What is Newjaisa Technologies IPO?
Newjaisa Technologies IPO is SME IPO. They are going to raise ₹36.93 Crores via IPO. The issue is priced at ₹44-₹47 per equity share. The IPO to be listed on NSE, SME.
When Newjaisa Technologies IPO will open?
The IPO is to open on 25 Sep – 27 Sep for QIB, NII & RII.
How much is Newjaisa Technologies IPO Size?
Newjaisa Technologies IPO size is ₹36.93 Crores.
How much is the Fresh issue size of Newjaisa Technologies IPO?
The Fresh issue size of Newjaisa Technologies IPO ₹36.93 Cr.
How much is the Offer For Sale size of Newjaisa Technologies IPO?
The Offer For Sale size of Newjaisa Technologies IPO ₹0 Cr.
What is Newjaisa Technologies IPO Price Band?
Newjaisa Technologies IPO Price Band is ₹44-₹47 Per share.
What is the Newjaisa Technologies IPO Minimum and Maximum Lot Size?
The minimum bid is 3000 Shares with ₹141,000 amount while the maximum bid is 3000 shares with ₹141,000.
How much is Newjaisa Technologies IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
When is Newjaisa Technologies IPO Allotment Date?
Newjaisa Technologies IPO allotment date is 04 October 2023.
When is Newjaisa Technologies IPO Listing Date?
Newjaisa Technologies IPO listing date is 09 October 2023. The IPO to list on NSE, SME.
How to Apply the Newjaisa Technologies IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Newjaisa Technologies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Newjaisa Technologies IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Newjaisa Technologies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Newjaisa Technologies IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Newjaisa Technologies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Newjaisa Technologies IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Newjaisa Technologies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Newjaisa Technologies GMP: Click Here Newjaisa Technologies Subscription: Click Here Newjaisa Technologies Allotment: Click Here Newjaisa Technologies Listing: Click Here |
All Newjaisa Technologies IPO-related links are available here. If you want to know the details then click on Click Here Link.
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