Newjaisa Technologies Limited (NSE SME)
Sep 25, 2023 - Sep 27, 2023
| Price | ₹44 - ₹47 |
| Premium | ₹11 |
|---|---|
| Lot size | 3000 |
| Allotment | Oct 3, 2023 |
| Listing | Oct 5, 2023 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 3000 | 141000 | 0 |
| HNI | 2 | 6000 | 282000 | 0 |
Last updated on 27-Sep-2023 17:00:14
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 16,14,000 | 16,47,000 | 1.02 |
| NIB | 12,12,000 | 1,90,20,000 | 15.69 |
| RETAIL | 28,26,000 | 1,84,89,000 | 6.54 |
| Total | 56,52,000 | 3,91,56,000 | 6.93 |
| Retail Apps | 6,163 | © IPO Premium | |
Incorporated in 2020, 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 directly to end-use customers businesses or retail. Currently, the Company is engaged in direct sales of IT Products i.e. Laptops/ Chromebooks, Desktops/Chromeboxes/ Monitors, and Accessories (Keyboard, Mouse, WiFi, Speakers) which is its key revenue model.
Newjaisa Technologies caters to the Pan India customer base which includes students, home users, SMEs, and working professionals via e-commerce and online platforms.
The company has over 347 (99 employees and 248 Interns) operating out of 28,750 Sq Ft delivering approximately 5,500 refurbished SKUs on a monthly basis.
Newjaisa Technologies IPO Details
| Issue Size | 8,496,000 shares (aggregating up to ₹39.93 Cr) |
| Fresh Issue | 8,496,000 shares (aggregating up to ₹39.93 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 23,687,472 |
| Share holding post issue | 32,183,472 |
| Market Maker portion | 426,000 shares Nikunj Stock Brokers |
Newjaisa Technologies IPO Reservation
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
Newjaisa Technologies IPO Anchor Investors Details
Newjaisa Technologies IPO raises Rs 11.36 crore from anchor investors. Newjaisa Technologies IPO Anchor bid date is September 22, 2023.
| Bid Date | September 22, 2023 |
| Shares Offered | 2418000 |
| Anchor Portion Size (In Cr.) | 11.36 |
| Anchor lock-in period end date for 50% shares (30 Days) | November 17, 2023 |
| Anchor lock-in period end date for remaining shares (90 Days) | February 13, 2024 |
Newjaisa Technologies IPO Lead Manager(s)
Indorient Financial Services Ltd
Company Financials
| Period | Mar 2021 | Mar 2022 | Mar 2023 |
| Assets | 337.99 | 559.15 | 2,208.70 |
| Revenue | 960.71 | 2,792.50 | 4,453.23 |
| Profit | 73.36 | 180.19 | 675.57 |
| Net Worth | 74.36 | 254.55 | 930.12 |
| Reserves | 73.36 | 218.55 | 894.12 |
| Borrowing | 162.64 | 181.82 | 743.70 |
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