IPO Issue Details
Issue Price / Price Band₹47 per share (Fixed Price)
Face Value₹5 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size84,96,000 shares (aggregating up to ₹39.93 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 25 Sep 2023
Subscription CloseWed, 27 Sep 2023
Anchor AllotmentSun, 24 Sep 2023
Basis of AllotmentWed, 04 Oct 2023
Initiation of RefundsThu, 05 Oct 2023
Credit of Shares to DematFri, 06 Oct 2023
Listing DateThu, 05 Oct 2023
UPI Mandate Deadline2023-09-27
Application & Investment Details
Retail — Min (1 Lots)₹1,41,000 — 3,000 shares
Retail — Max (13 Lots)₹1,833,000 (13 Lots)
HNI — Min (2 Lots)₹2,82,000 — 6,000 shares
EPS (Pre-IPO)₹3.03
P/E Ratio (Pre-IPO)15.51x
P/E Ratio (Post-IPO)22.38x
Net Offer to Public80,70,000 shares (aggregating up to ₹37.93 Cr)
Reserved for Market Maker4,26,000 shares (aggregating up to ₹2.00 Cr)
Pre-IPO Promoter Holding2,36,87,472 shares
Post-IPO Promoter Holding3,21,83,472 shares
About Newjaisa Technologies Ltd
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.
Objects of the Issue
Newjaisa Technologies Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Expansion of refurbishment facility and purchase of plant, machinery and equipment
1.00
2
Investment in technology development
2.00
3
Branding & Marketing
2.00
4
Funding Working Capital requirement
15.45
5
Repayment of Bank facilities
7.30
6
General Corporate purposes
7.18
Shareholding & Lock-in
Pre-IPO Promoter Holding
2,36,87,472 shares
Post-IPO Promoter Holding
3,21,83,472 shares