What is the issue size of Newjaisa Technologies IPO?

The issue size of the Newjaisa Technologies IPO is Rs 39.93 cr

What is 'pre-apply' for Newjaisa Technologies IPO?

Pre-apply will alow you to apply for the Newjaisa Technologies IPO 2 days before the subscription period starts.

If I pre-apply for Newjaisa Technologies IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the Newjaisa Technologies IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my Newjaisa Technologies IPO order is placed?

We will notify you when your Newjaisa Technologies IPO order is placed with the exchange.

What are the open and close dates of the for Newjaisa Technologies IPO?

Newjaisa Technologies IPO will be open between 25 Sept - 27 Sept, 2023.

What is the lot size and minimum order quantity of the Newjaisa Technologies IPO?

Newjaisa Technologies Limited IPO lot size is 3000 shares.

What are the allotment dates for the Newjaisa Technologies IPO?

Newjaisa Technologies IPO allotment date is 4 Oct, 2023. For Newjaisa Technologies IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Newjaisa Technologies IPO?

Newjaisa Technologies IPO registrar is Bigshare Services Pvt Ltd. You can check Newjaisa Technologies IPO allotment status on the website of the registrar.

Where is the Newjaisa Technologies IPO getting listed?

The shares are proposed to be listed on NSE SME.

Newjaisa Technologies IPO

Newjaisa Technologies Limited

₹1,32,000 /3000 sharesMinimum Investment

Newjaisa Technologies IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
NSE₹47.00₹71.00₹24.00 (51.06%)
Newjaisa Technologies IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
25 Sep ‘23 - 27 Sep ‘23₹1,32,0003,000₹44 - ₹47
Issue SizeIPO Doc
39.93CrRHP PDF
About Newjaisa TechnologiesNewjaisa Technologies was started in 2020. It is a technology driven direct to consumer refurbished IT electronics company providing refurbished electronics at discount as compared to new products. The business model encompasses an 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 is currently focused and operates in the Indian market and caters to a Pan India customer base via ecommerce and online platforms
;
Parent Organisation
Newjaisa Technologies Limited
Founded
2020
Managing Director
Mr. Vishesh Handa
Strengths & Risks
Proprietary and scalable refurbishment process
Products that are priced lower as compared to buying new goods
The company can tap into market opportunity from CSR and other ESG linked initiatives 
There’s a scope of expansion into new verticals like tablets and other IT products etc 
Entry into international market with low priced products can also increase the company’s revenues
347 (99 employees and 248 Interns) operating out of 28,750 Sq Ft delivering approximately 5,500 refurbished SKU on monthly basis.
The company does not have long-term agreements with its suppliers.
The company provides guarantees and warranties on its products. A significant increase in returns and activation of warranty provisions by customers may impact the business and results from operations.
The business is subject to seasonality (as they see higher demand for their products during the festive seasons), which may contribute to fluctuations in periodical results of operations and financial condition.
There are certain discrepancies/errors noticed in some of the company’s corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 2013.
The company has had certain inaccuracies in relation to regulatory filings and has made non-compliances of certain provisions under applicable law.
About 45% of sales come from the states of Tamil Nadu (26%) and Karnataka (19%). Due to this geographic concentration, the company’s results of operations and growth might be impacted if there are adverse economic and demographic conditions in these states.
Company has recorded a negative cash flow in its operating activities in the previous three financial years.
There are outstanding legal proceedings involving the company, promoters and directors.
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹44 - 47₹2 Lakh
High Networth Individual₹44 - 47₹2 - 5 Lakh
For Newjaisa Technologies IPO, eligible investors can apply as Regular.

Listed On	Issue Price	Listing Price	Listing Gains
NSE	₹47.00	₹71.00	₹24.00 (51.06%)

Bidding Dates	Min. Investment	Lot Size	Price Range
25 Sep ‘23 - 27 Sep ‘23	₹1,32,000	3,000	₹44 - ₹47

Issue Size	IPO Doc
39.93Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹44 - 47	₹2 Lakh
High Networth Individual	₹44 - 47	₹2 - 5 Lakh

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Bengaluru – 560103
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