Newjaisa Technologies IPO Details ( Newjaisa Technologies Limited IPO Review )
(25 Sep 2023 – 27 Sep 2023)
Newjaisa Technologies Limited was founded in 2020, and its main focus is on offering discounted refurbished electronics.
The company acquires used devices like laptops, desktops, and peripherals, gives them a thorough makeover, and then sells them directly to various types of customers, including businesses and individuals. Right now, their primary source of income comes from selling IT products like laptops, desktops, monitors, and accessories such as keyboards, Mouse, Wi-Fi equipment, and speakers.
Newjaisa Technologies serves customers across India, including students, home users, small and medium-sized businesses, and working professionals. They reach these customers through online channels and e-commerce platforms.
The company operates from a space of 28,750 square feet and has a team of 347 people (comprising 99 employees and 248 interns). They manage to deliver around 5,500 refurbished products every month.
Newjaisa Technologies Limited IPO Competitive Strength
- Proprietary and scalable refurbishment process
- Partnership with industry leaders
- Highly qualified team with robust experience
Newjaisa Technologies IPO Financials Performance ( Results )
Newjaisa Technologies Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-21 | 337.99 | 960.71 | 73.36 | 0.33 | 74.36 | 0.34 | 73.36 | 162.64 |
| 31-Mar-22 | 559.15 | 2,792.50 | 180.19 | 0.81 | 254.55 | 1.14 | 218.55 | 181.82 |
| 31-Mar-23 | 2,208.70 | 4,453.23 | 675.57 | 3.03 | 930.12 | 4.17 | 894.12 | 743.70 |
Objective of Newjaisa Technologies IPO Issue
- Expansion of refurbishment facility and purchase of plant, machinery, and equipment.
- Investment in technology development, Branding and marketing, and Funding Working Capital requirement.
- Repayment of Bank facilities and General Corporate purposes.
Newjaisa Technologies IPO Basic Details
| IPO Date | Sep 25, 2023 to Sep 27, 2023 |
| Listing Date | Monday, October 9, 2023 |
| Face Value | ₹5 per share |
| Price | ₹44 to ₹47 per share |
| Lot Size | 3000 Shares |
| Issue Size | 8,496,000 shares of ₹5 (aggregating up to ₹39.93 Cr) |
| Fresh Issue | 8,496,000 shares of ₹5 (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 |
| Company Promoters | Mr. Vishesh Handa and Mr. Mukunda Raghavendra |
Newjaisa Technologies IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
Newjaisa IPO Timetable
Newjaisa IPO will open on September 25, 2023 and close on September 27, 2023. You can join Newjaisa IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 25 September 2023 (Monday) |
| Closing Date | 27 September 2023 (Wednesday) |
| Basis of Allotment | 4 October 2023 (Wednesday) |
| Initiation of Refunds | 5 October 2023 (Thursday) |
| Credit of Shares to Demat | 6 October 2023 (Friday) |
| Listing Date | 9 October 2023 (Monday) |
| Deadline for UPI mandate confirmation | 5 PM on 27 September 2023 |
Newjaisa Tech IPO Lot Size
For retail investors in Newjaisa Tech IPO, 3000 shares will come in 1 lot or the minimum investment will be ₹141,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹141,000.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 3000 | ₹141,000 |
| Retail (Max) | 1 | 3000 | ₹141,000 |
| S-HNI (Min) | 2 | 6000 | ₹282,000 |
Newjaisa Tech IPO Promoter Holding
The company’s promoters include Mr. Vishesh Handa and Mr. Mukunda Raghavendra.
| Pre Issue Share Holding | 94.23% |
| Post Issue Share Holding | – |
Newjaisa Technologies Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 151.26 |
| Earning Per Share (EPS) | ₹3.03 per Equity Share |
| Net Asset Value (NAV) | ₹4.17 per Equity Share |
| P/E Ratio (P/E) (x) | 15.51 |
| Post P/E Ratio (P/E) (x) | 22.38 |
| Return on Net Worth (RoNW) (%) | 72.63 |
| Return on equity (ROE) (%) | 72.63 |
| Return on Capital Employed (ROCE) (%) | 72.63 |
| Debt/Equity Ratio | Coming Soon |
Newjaisa Technologies Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) | Book Value (₹) |
| NewJaisa Technologies Limited | Consolidated | 5 | 3.03 | 22.38 | 72.63 | 4.17 | 4.17 |
| Peer Group | |||||||
| Cerebra Technologies Limited | Consolidated | 10 | 2.31 | 2.45 | 0.96 | 23.70 | 23.70 |
Newjaisa Technologies IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 26 September 2023 | ₹7 | – | – |
| 25 September 2023 | ₹0 | – | – |
| 24 September 2023 | ₹0 | – | – |
| 23 September 2023 | ₹0 | – | – |
Newjaisa Technologies IPO Detail Video:
Newjaisa Technologies IPO Subscription Status (Bidding Detail)
The Newjaisa Technologies IPO on September 27, 2023 at 7:30:00 PM was subscribed 6.85 times, with the retail category being subscribed 6.54 times, the NII (Non-Institutional Investor) category being subscribed 15.34 times, QIB (Qualified-Institutional Buyers) category being subscribed 1.02 times.
| Category | Subscription |
| QIB | 1.02x |
| NII | 15.34x |
| Retail | 6.54x |
| Total | 6.85x |
Newjaisa Technologies IPO Prospectus
| Newjaisa Technologies IPO DRHP | Download |
| Newjaisa Technologies IPO RHP | Download |
| Newjaisa Technologies IPO Anchor Investors Details PDF | Download |
Newjaisa Technologies IPO Rating
| Our Rating | 2.5/5.0 |
Newjaisa Technologies Company Contact Information
Newjaisa Technologies Limited
Registered Office: 207/B2, 2nd Cross Road, J.C, Industrial Estate Bikasipura Main Road, Off Kanakpura Road, Near Delhi Public School, Bangalore, 560078, Karnataka, India
Contact Person: Mrs. Poonam Jain, Company Secretary and Compliance Officer.
Tel: +91- 93901 77182
E-mail: cs@newjaisa.com
Website: https://newjaisa.com/
Our Promoters: Mr. Vishesh Handa and Mr. Mukunda Raghavendra
Newjaisa Technologies IPO Registrar
Bigshare Services Private Limited
Registered Office: S6-2, 6th Pinnacle Business Park, Mahakali Caves Road, next to Ahura Centre, Andheri East, Mumbai- 400093, Maharashtra, India
Tel No.: +91 – 22 – 6263 8200
Fax No.: +91 – 22 – 6263 8299
E-mail: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Mr. Babu Rapheal C
SEBI Registration No: INR000001385
CIN: U99999MH1994PTC076534
Newjaisa Technologies IPO Lead Manager
Indorient Financial Services Limited
Registered Office Address: A/501, Rustomjee Central Park, Executive Spaces, Andheri Kurla
Road, Chakala, Mumbai – 400093, Maharashtra, India.
Tel: +91-79772 12186
E-mail: compliance-ifsl@indorient.in
Investor Grievance E-mail: wecare@indorient.in
Website: www.indorient.in
Contact Person: Mr. Ivor Anil Misquith
SEBI Registration No: INM000012661
CIN: U67190DL1993PLC052085
Newjaisa Technologies IPO FAQs
What is the lot size of Newjaisa Technologies IPO?
The total size of Newjaisa Technologies IPO is ₹39.93 crores and this is a complete fresh Issue.
When will Newjaisa Technologies IPO start?
Newjaisa Technologies IPO will open from 25 September 2023 and IPO will close on 27 September 2023.
What is the open date of Newjaisa Technologies IPO?
Newjaisa Technologies IPO will open date from 25 September 2023.
What is the last date ( close date ) of Newjaisa Technologies IPO?
Newjaisa Technologies IPO will close from 27 September 2023.
What is the price band of Newjaisa Technologies IPO?
Newjaisa Technologies IPO price band is ₹44 to ₹47. ( Upper Price Band: ₹47, Lower Price Band: ₹44 )
What is the minimum amount required to apply for Newjaisa Technologies IPO?
The minimum investment for retailers to apply for Newjaisa Technologies IPO is ₹141,000 and the maximum investment is ₹141,000.
What is going on gray market premium of Newjaisa Technologies IPO?
View gray market premium of Newjaisa Technologies IPO by Clicking Here
How much is the GMP of Newjaisa Technologies IPO?
Watch Newjaisa Technologies IPO GMP Today: Click Here
What is the allotment date of Newjaisa Technologies IPO?
The allotment date of Newjaisa Technologies IPO is 4 October 2023.
How to check allotment status in Newjaisa Technologies IPO?
To check the allotment status of Newjaisa Technologies IPO, first of all go to the registrar website by clicking here, select your bad Newjaisa Technologies IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Newjaisa Technologies IPO?
The listing date of Newjaisa Technologies IPO is 9 October 2023.
How much will be the listing gain in Newjaisa Technologies IPO?
View listing gain of Newjaisa Technologies IPO by Clicking Here
How much time Newjaisa Technologies IPO is subscribed?
Total 6.85 times subscribed in Newjaisa Technologies IPO out of which 6.54 times subscription was done in retail quota, 15.34 times subscription in NII quota and 1.02 times subscription in QIB quota.
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