Started in 2020, Newjaisa Technologies is a Technology pushed Direct to client refurbished IT electronics corporate offering high quality refurbished electronics at important reductions as in comparison to new merchandise. Their purpose is to offer best-in-class, refurbished electronics at reasonably priced costs.
Their trade type encompasses an end-to-end opposite provide chain for IT belongings. It comes to purchasing used IT belongings (laptops, desktops, and peripherals), refurbishing them to as on the subject of new laptop prerequisites, and promoting them immediately to end-use shoppers – companies or retail. Currently, the Company is engaged in direct gross sales of IT Products i.e. Laptops/ Chromebooks, Desktops/Chromeboxes/ Monitors, and Accessories (Keyboard, Mouse, WiFi, Speakers) which is its key earnings type.
Newjaisa Technologies’ key purpose is to scale back e-waste, through the existence extension of IT belongings and to ship High-quality computing gadgets to finish shoppers in as excellent as new situation, with guaranty at reasonably priced costs. They these days are targeted and perform within the Indian marketplace and cater to the Pan India buyer base by means of e-commerce and their on-line platforms and cater their merchandise throughout industries. The 4 key buyer segments for them come with scholars, house customers, SMEs, and dealing pros. They have served shoppers at greater than 19,298 pin codes in India, with their centralized group and plant in Bangalore.
Objects of the Issue:
- Expansion of refurbishment facility and buy of plant, equipment, and kit.
- Investment in generation building, Branding and advertising, and Funding Working Capital requirement.
- Repayment of Bank amenities and General Corporate functions.
Newjaisa Technologies IPO Review
Newjaisa Technologies IPO Date & Price Band Details
| IPO Open: | September 25, 2023 |
| IPO Close: | September 27, 2023 |
| IPO Size: | Approx ₹39.93 Crores, 8,496,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹44 to ₹47 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the online be offering |
| QIB Quota: | 50% of the online be offering |
| NII Quota: | 15% of the online be offering |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Newjaisa Technologies IPO Market Lot
The Newjaisa Technologies IPO minimal marketplace lot is 3000 stocks with a ₹141,000 utility quantity.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 3000 | ₹141,000 |
| Retail Maximum | 1 | 3000 | ₹141,000 |
| S-HNI Minimum | 2 | 6000 | ₹282,000 |
Newjaisa Technologies IPO Dates
The Newjaisa Technologies IPO date is September 25 and the IPO shut date is September 27. The IPO allotment date is October 4 and the IPO may listing on October 9.
| IPO Open Date: | September 25, 2023 |
| IPO Close Date: | September 27, 2023 |
| Basis of Allotment: | October 4, 2023 |
| Refunds: | October 5, 2023 |
| Credit to Demat Account: | October 6, 2023 |
| IPO Listing Date: | October 9, 2023 |
You can test IPO subscription standing and IPO allotment standing on their respective pages.
Newjaisa Technologies IPO Form
How to use Newjaisa Technologies IPO? You can observe Newjaisa Technologies IPO by means of ASBA to be had on your checking account. Just move to the web financial institution login and observe by means of your checking account through deciding on the Newjaisa Technologies IPO within the Invest phase. The different possibility you’ll observe Newjaisa Technologies IPO by means of IPO bureaucracy obtain by means of the NSE website online. Check out the Newjaisa Technologies bureaucracy – click on NSE IPO Forms obtain, fill and put up on your financial institution or along with your dealer.
Newjaisa Technologies Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹9.61 | ₹8.63 | ₹0.73 |
| 2022 | ₹27.93 | ₹25.48 | ₹1.80 |
| 2023 | ₹44.53 | ₹36.34 | ₹6.76 |
Newjaisa Technologies IPO Valuation – FY2023
Check Newjaisa Technologies IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
| Earning Per Share (EPS): | ₹3.03 in line with Equity Share |
| Price/Earning P/E Ratio: | 14.52 |
| Return on Net Worth (RoNW): | 72.63% |
| Net Asset Value (NAV): | ₹4.17 in line with Equity Share |
Peer Group
- Cerebra Technologies Limited
- Mr. Vishesh Handa
- Mr. Mukunda Raghavendra
Newjaisa Technologies IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Newjaisa Technologies IPO Allotment Status
Check Newjaisa Technologies IPO allotment standing on Bigshare website online URL. Click Here
Newjaisa Technologies IPO Lead Managers aka Merchant Bankers
- Indorient Financial Services Ltd
Company Address
Newjaisa Technologies Limited
207/B2, 2d Cross Road, J.C, Industrial Estate
Bikasipura Main Road, Off Kanakpura Road,
Near Delhi Public School, Bangalore – 560078
Phone: +91 93901 77182
Email: [email protected]
Website: https://newjaisa.com/
Newjaisa Technologies IPO FAQs
What is Newjaisa Technologies IPO?
Newjaisa Technologies IPO is an NSE SME IPO. They are going to carry ₹39.93 Crores by means of IPO. The factor is priced at ₹44 to ₹47 in line with fairness proportion. The IPO is to be indexed on NSE.
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Newjaisa Technologies IPO Price Band is ₹44 to ₹47 in line with fairness proportion.
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Note: The Newjaisa Technologies IPO main points are introduced formally. The IPO gray marketplace top rate (Newjaisa Technologies IPO Premium) is up to date at the respective web page. You can test our IPO gray marketplace web page for day-to-day updates.)
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– Source : IPOWATCH