Newjaisa Technologies Limited

Newjaisa Technologies Limited

SMEClosed

₹1,41,000(3,000 Shares)

Minimum Investment

IPO Dates

Sep 25, 2023 – Sep 27, 2023

Price Band

₹44–47 per equity share

Lot Size

3000

Listing

Oct 5, 2023

Listing At

NSE SME

Sep 25, 2023Open DateCompleted
Sep 27, 2023Close DateCompleted
TBAAllotment DateUpcoming
Oct 5, 2023Listing DateCompleted

Newjaisa Technologies Limited Live Subscription Details

All IPOs
QIB / NII0.00x
Retail6.54x

Overall Subscription

Total Bids Received

6.93x

Newjaisa Technologies Limited IPO Issue Details

Issue Price
₹44-47 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
NSE SME
Listing Date
Oct 5, 2023

Company Information

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 direct...

Valuations

RoNW

72.63%

Objectives of the Issue

  1. 1Expansion of refurbishment facility and purchase of plant, machinery, and equipment.
  2. 2Investment in technology development, Branding and marketing, and Funding Working Capital requirement.
  3. 3Repayment of Bank facilities and General Corporate purposes.

Newjaisa Technologies Limited – Promoter(s)

Mr. Vishesh H
a
Mr. Mukunda Raghavendra

Contact Details

Newjaisa Technologies Limited IPO Documents

Frequently Asked Questions — Newjaisa Technologies Limited IPO

The Newjaisa Technologies Limited IPO price band is set at ₹44.00 to ₹47.00 per equity share.

The lot size for Newjaisa Technologies Limited IPO is 3000 shares per lot. The minimum investment amount is approximately ₹1,41,000.

The Newjaisa Technologies Limited IPO opens on Sep 25, 2023 and closes on Sep 27, 2023.

Newjaisa Technologies Limited IPO is expected to be listed on Oct 5, 2023 on NSE SME.

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