The Newjaisa Technologies IPO commenced on September 25, 2023, and concluded on September 27, 2023. The allotment of shares took place on October 4, 2023, and the initiation of refunds began on October 5, 2023. The shares were credited to the demat accounts of investors on October 6, 2023. Finally, the listing of Newjaisa Technologies on the stock exchange occurred on October 9, 2023.
The Newjaisa Technologies IPO was priced at ₹44 to ₹47 per share, with a lot size of 3000 shares. The total issue size was ₹39.93 crores, comprising a fresh issue of ₹39.93 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
Newjaisa IPO Basic Details
|Company Name||Newjaisa Technologies Limited|
|Domain of Company||Sell Refurbished Electronics|
|Newjaisa Technologies IPO GMP Today||₹0.00|
|Newjaisa Technologies IPO Listing Gain||0.00%|
|Newjaisa Technologies IPO Open Date||September 25, 2023|
|Newjaisa Technologies IPO Close Date||September 27, 2023|
|Newjaisa Technologies IPO Allotment Date||October 4, 2023|
|Newjaisa Technologies IPO Listing Date||October 9, 2023|
|Face Value||₹10 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|
|Company Promoters||Mr. Vishesh Handa and|
Mr. Mukunda Raghavendra
Newjaisa Technologies IPO GMP Today:
|Date||GMP||Listing Gain||Kostak||Subject to|
|24 September 2023||₹0||0.00%||–||–|
Newjaisa Technologies IPO Details:
Newjaisa Technologies Limited started in 2020, and our main focus is offering discounted refurbished electronics. We take used gadgets like laptops, desktops, and accessories, fix them up, and then sell them directly to customers, including individuals and businesses. Right now, our primary income comes from selling IT products like laptops, desktops, monitors, and accessories such as keyboards, mice, Wi-Fi gear, and speakers.
We serve customers all over India, including students, people using tech at home, small businesses, and professionals. You can find our products on various e-commerce and online platforms.
Our team consists of more than 347 people, including 99 employees and 248 interns. We operate out of a 28,750-square-foot facility, and we send out around 5,500 refurbished products every month.
Newjaisa Technologies IPO More Details Click Here
Newjaisa Technologies IPO FAQs
When is Newjaisa Technologies IPO open?
Newjaisa Technologies IPO will open on 25 September 2023.
When is Newjaisa Technologies IPO Close?
Newjaisa Technologies IPO will be closed on 27 September 2023.
What is Newjaisa Technologies IPO GMP Today?
The Newjaisa Technologies IPO GMP aka Grey Market Premium is ₹0.
What is Newjaisa Technologies IPO Kostak Rates Today?
The Newjaisa Technologies IPO Kostak Rate is ₹000.
What is Newjaisa Technologies IPO Subject to Sauda Price Today?
The Newjaisa Technologies IPO subject to sauda rates is ₹000.
Newjaisa Technologies IPO Expected Returns?
The Newjaisa Technologies expected return is 0.00%.
How much will be the listing gain in Newjaisa Technologies IPO?
Newjaisa Technologies IPO will get listing gain of 0.00%. (Approx.)