NewJaisa Technologies IPO GMP, Review, Price, Allotment

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Last updated on October 5, 2023

NewJaisa Technologies IPO GMP

NewJaisa Technologies IPO description – Started in 2020, NewJaisa Technologies is a technology-driven direct-to-consumer refurbished IT electronics company providing quality refurbished electronics at significant discounts as compared to new products. Its goal is to provide best-in-class, refurbished electronics at affordable prices.

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 conditions, and selling 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.

Currently, the company is focused and operating in the Indian market and caters to the Pan India customer base via e-commerce and online platforms. The four key customer segments for it include students, home users, SMEs, and working professionals. NewJaisa Technologies has served customers at more than 19,298 pin codes in India, with its centralized team and plant in Bangalore. As of 31 August 2023, the company has 99 employees and 248 interns.

NewJaisa Technologies

Promoters of NewJaisa TechnologiesMr. Vishesh Handa and Mr. Mukunda Raghavendra


NewJaisa Technologies IPO Details

NewJaisa Technologies IPO Dates25 – 27 September 2023
NewJaisa Technologies Issue PriceINR 44 – 47 per share
Fresh issue84,96,000 shares (INR 37.38 – 39.93 crores)
Offer For SaleNIL
Total IPO size84,96,000 shares (INR 37.38 – 39.93 crores)
Minimum bid (lot size)3,000 shares (INR 141,000)
Face Value INR 5 per share
Retail Allocation35%
Listing OnNSE SME

NewJaisa Technologies Financial Performance

 FY 2021FY 2022FY 2023
Revenue9.6127.9244.53
Expenses8.6325.4836.34
Net income0.731.806.76
Figures in INR crores unless specified otherwise

NewJaisa Technologies Offer News


NewJaisa Technologies Valuations & Margins

FY 2021FY 2022FY 2023
EPS0.330.813.03
PE ratio14.52 – 15.51
RONW (%)98.6670.7972.63
NAV0.341.144.17
ROCE (%)98.6670.7972.63
Debt/Equity
*Compiled by IPO Central from Prospectus

NewJaisa Technologies IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
4 October 202339,000
3 October 202339,000
2 October 202339,000
30 September 2023512,000
29 September 2023512,000
28 September 2023512,000
27 September 20235
26 September 20235
25 September 20235
23 September 20235
22 September 20235
21 September 20235
20 September 20235
19 September 20235

NewJaisa Technologies IPO Subscription – Live Updates

CategoryQIBNIIRetailTotal
Shares Offered1,614,0001,638,0002,826,0006,078,000
27 Sep 20231.0211.616.546.44
26 Sep 20230.000.531.790.98
25 Sep 20230.000.160.560.30
As on 5:00 PM

NewJaisa Technologies IPO Allotment Status

NewJaisa Technologies IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.


NewJaisa Technologies IPO Dates & Listing Performance

IPO Opening Date25 September 2023
IPO Closing Date27 September 2023
Finalization of Basis of Allotment3 October 2023
Initiation of refunds3 October 2023
Transfer of shares to demat accounts4 October 2023
IPO Listing Date5 October 2023
Opening Price on NSE SMEINR 71 per share (up 51.06%)
Closing Price on NSE SMEINR 70.80 per share (up 50.64%)

NewJaisa Technologies Offer Lead Manager

INDORIENT FINANCIAL SERVICES LIMITED
A/501, Rustomjee Central Park, Executive Spaces,
Andheri Kurla Road, Chakala, Mumbai – 400093, Maharashtra
Phone: +91 79772 12186
Email[email protected]
Website: www.indorient.in


NewJaisa Technologies Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email:  [email protected]
Website: www.bigshareonline.com


NewJaisa Technologies Contact Details

NEWJAISA TECHNOLOGIES LIMITED
207/B2, 2nd Cross Road, J.C, Industrial Estate,
Bikasipura Main Road, Off Kanakpura Road,
Near Delhi Public School, Bangalore, 560078, Karnataka
Phone: +91- 93901 77182
E-mail: [email protected]
Website: www.newjaisa.com


IPO FAQs

What is NewJaisa Technologies Issue offer size?

NewJaisa Technologies offer size is INR 37.38 – 39.93 crores.

What is the NewJaisa Technologies offer price band?

NewJaisa Technologies public offer price is INR 44 – 47 per share.

What is the lot size of NewJaisa Technologies public offer?

NewJaisa Technologies offer lot size is 3,000 shares.

What is NewJaisa Technologies IPO GMP today?

NewJaisa Technologies IPO GMP today is INR 3 per share.

What is NewJaisa Technologies kostak rate today?

NewJaisa Technologies kostak rate today is INR NA per application.

What is NewJaisa Technologies Subject to Sauda rate today?

NewJaisa Technologies Subject to Sauda rate today is INR 9,000 per application.

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