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Newjaisa Technologies Limited SME IPO
Issue Size (Net)
up to Rs39.93 Cr
Price Band
Rs44 to Rs47 per share
Issue Opens
25 Sep 2023
Issue Closes
27 Sep 2023

Company Highlights

1.Company Information

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

2. Objective of the Issue

1. Expansion of refurbishment facility and purchase of plant, machinery, and equipment.

2. Investment in technology development, Branding and marketing, and Funding Working Capital requirement.

3. Repayment of Bank facilities and General Corporate purposes.

3.Newjaisa Technologies IPO Registrar
Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: Website:https://ipo.bigshareonline.com/ipo_status.html

Newjaisa Technologies IPO Financial Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-21
337.99
960.71
73.36
74.36
74.36
162.64
31-Mar-22
559.15
2792.5
180.19
254.55
218.55
181.82
31-Mar-23
2208.7
4453.23
675.57
930.12
894.12
743.7
Amount in Rs. Lakhs

Newjaisa Technologies IPO Details

Issue Opening Date
Sep 25, 2023
Issue Closing Date
Sep 26, 2023
Face Value
Rs 5 per share
Price
Rs44 to Rs47 per share
Lot Size
3000 Shares
Issue Size
8,496,000 shares (aggregating up to Rs39.93 Cr)
Fresh Issue
8,496,000 shares (aggregating up to Rs39.93 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
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