Newjaisa Technologies Ltd
Price Range
₹44 - ₹47
Min. Quantity
3,000
Closes on
27 September 2023
Min. investment
₹1,41,000/3,000 Shares
Newjaisa Technologies Ltd IPO Timeline
Newjaisa Technologies Ltd was originally incorporated as 'Newjaisa Technologies Private Limited', pursuant to a certificate of incorporation dated June 16, 2020 issued by the Registrar of Companies, Central Registration Centre and commenced its business on December 18, 2020. Subsequently, the Company was converted into public limited company pursuant to shareholders resolution passed at an EGM held on May 04, 2023 and name of the Company was changed from 'Newjaisa Technologies Private Limited' to 'Newjaisa Technologies Limited', and a fresh certificate of incorporation dated June 27, 2023 was issued by the Registrar of Companies, Bangalore, Karnataka.
| Event | Date |
|---|---|
| Newjaisa Technologies Ltd IPO Opening Date | 25 September 2023 |
| Newjaisa Technologies Ltd IPO Closing Date | 27 September 2023 |
| Basis of Allotment | 4 October 2023 |
| Initiation of Refunds | 5 October 2023 |
| Credit of Shares to Demat | 6 October 2023 |
| Newjaisa Technologies Ltd IPO Listing Date | 5 October 2023 |
Newjaisa Technologies Ltd IPO Details
| Newjaisa Technologies Ltd IPO Date | 25 September 2023 to 27 September 2023 |
| Newjaisa Technologies Ltd IPO Face Value | ₹5 per share |
| Newjaisa Technologies Ltd IPO Price | ₹44 to ₹47 per share |
| Newjaisa Technologies Ltd IPO Lot Size | 3,000 |
| Issue Size | Shares of ₹5 (aggregating up to ₹39.93 Cr) |
| Fresh Issue | Shares of ₹5 (aggregating up to ₹39.93 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Vishesh Handa, Mukunda Raghavendra |
Newjaisa Technologies Ltd IPO Lot Size
The Newjaisa Technologies Ltd IPO lot size is 3,000 shares. A retail-individual investor can apply for up to 1 lots (3,000 shares or ₹1,41,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 3,000 | ₹1,41,000 |
| Maximum | 1 | 3,000 | ₹1,41,000 |
- Strengths
- Risks
- Opportunities
- 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.
Company Financials
Newjaisa Technologies Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 66.4 | 61.8 | 6.32 |
| 03-2023 | 22.09 | 44.53 | 6.74 |
| 03-2022 | 5.59 | 27.93 | 1.80 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Expansion of refurbishment facility and purchase of plant machinery & equipment
- Investment in technology development
- Branding & Marketing
- Funding working capital requirement
- Repayment of Bank facilities
- General corporate purposes
Newjaisa Technologies Ltd IPO Promoter Holding
| Pre Issue Share Holding | 89.51% |
| Post Issue Share Holding | 65.88% |
Newjaisa Technologies Ltd IPO Subscription Status (Bidding Detail)
The Newjaisa Technologies Ltd IPO is subscribed 4.6088 times on 27 September 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 4.6088 |
Newjaisa Technologies Ltd IPO Prospectus
Newjaisa Technologies Ltd IPO Listing Date
| Listing Date | 5 October 2023 |
| BSE Script | 91848 |
| NSE Symbol | NEWJAISA |
| Listing In | NSE - SME |
| ISIN | INE0PW501021 |
| IPO Price | ₹47 |
| Face Value | ₹5 |
Company Contact Information
207/B2 2nd Cross Rd Ind.EsteBikasi.Mn.Rd off Kanakpura Rd,Bangalore-560078
Phone: +91-93901 77182
Email: cs@newjaisa.com
Website: www.newjaisa.com
Newjaisa Technologies Ltd IPO Registrar
Newjaisa Technologies Ltd IPO Lead Manager(s)
- Indorient Financial Services Ltd
FAQ
What is the issue size of Newjaisa Technologies Ltd IPO?
I have pre-applied for Newjaisa Technologies Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.