Last updated on October 5, 2023
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.
Promoters of NewJaisa Technologies – Mr. Vishesh Handa and Mr. Mukunda Raghavendra
Table of Contents
NewJaisa Technologies IPO Details
| NewJaisa Technologies IPO Dates | 25 – 27 September 2023 |
| NewJaisa Technologies Issue Price | INR 44 – 47 per share |
| Fresh issue | 84,96,000 shares (INR 37.38 – 39.93 crores) |
| Offer For Sale | NIL |
| Total IPO size | 84,96,000 shares (INR 37.38 – 39.93 crores) |
| Minimum bid (lot size) | 3,000 shares (INR 141,000) |
| Face Value | INR 5 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
NewJaisa Technologies Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 9.61 | 27.92 | 44.53 |
| Expenses | 8.63 | 25.48 | 36.34 |
| Net income | 0.73 | 1.80 | 6.76 |
NewJaisa Technologies Offer News
- NewJaisa Technologies RHP
- NewJaisa Technologies Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
NewJaisa Technologies Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.33 | 0.81 | 3.03 |
| PE ratio | – | – | 14.52 – 15.51 |
| RONW (%) | 98.66 | 70.79 | 72.63 |
| NAV | 0.34 | 1.14 | 4.17 |
| ROCE (%) | 98.66 | 70.79 | 72.63 |
| Debt/Equity | – | – | – |
NewJaisa Technologies IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 4 October 2023 | 3 | – | 9,000 |
| 3 October 2023 | 3 | – | 9,000 |
| 2 October 2023 | 3 | – | 9,000 |
| 30 September 2023 | 5 | – | 12,000 |
| 29 September 2023 | 5 | – | 12,000 |
| 28 September 2023 | 5 | – | 12,000 |
| 27 September 2023 | 5 | – | – |
| 26 September 2023 | 5 | – | – |
| 25 September 2023 | 5 | – | – |
| 23 September 2023 | 5 | – | – |
| 22 September 2023 | 5 | – | – |
| 21 September 2023 | 5 | – | – |
| 20 September 2023 | 5 | – | – |
| 19 September 2023 | 5 | – | – |
NewJaisa Technologies IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
| Shares Offered | 1,614,000 | 1,638,000 | 2,826,000 | 6,078,000 |
| 27 Sep 2023 | 1.02 | 11.61 | 6.54 | 6.44 |
| 26 Sep 2023 | 0.00 | 0.53 | 1.79 | 0.98 |
| 25 Sep 2023 | 0.00 | 0.16 | 0.56 | 0.30 |
| 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 Date | 25 September 2023 |
| IPO Closing Date | 27 September 2023 |
| Finalization of Basis of Allotment | 3 October 2023 |
| Initiation of refunds | 3 October 2023 |
| Transfer of shares to demat accounts | 4 October 2023 |
| IPO Listing Date | 5 October 2023 |
| Opening Price on NSE SME | INR 71 per share (up 51.06%) |
| Closing Price on NSE SME | INR 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:Â [email protected]
Website:Â 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:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â 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.
