Newjaisa Technologies IPO Subscription Status (Live Data)

Newjaisa Technologies IPO Subscription Status (Live Data)

The Newjaisa Technologies IPO started on September 25, 2023, and ended on September 27, 2023. Shares were allocated on October 4, 2023, and refund processes began on October 5, 2023. On October 6, 2023, the shares were credited to investors demat accounts. Newjaisa Technologies was officially listed on the stock exchange on October 9, 2023.

During the IPO, Newjaisa Technologies offered shares at a price range of ₹44 to ₹47 per share, and the lot size was 3000 shares. The total issue size was ₹39.93 crores, with 39.93 crores from new shares. The IPO was listed on the NSE SME.

Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.

Newjaisa IPO Subscription Update Video

Newjaisa Technologies IPO Subscription Status

The Newjaisa Technologies IPO on September 26, 2023 was subscribed 0.98 times, with the retail category being subscribed 1.81 times, the NII (Non-Institutional Investor) category being subscribed 0.37 times, the QIB (Qualified-Institutional Buyers) category being subscribed 0.00 times.

CategorySubscription
QIB0.00x
NII0.37x
Retail1.81x
Total0.98x

Newjaisa Technologies IPO Basic Details

Company NameNewjaisa Technologies Limited
Domain of CompanySell Refurbished Electronics
Newjaisa Technologies IPO GMP Today₹0.00
Newjaisa Technologies IPO Listing Gain0.00%
Newjaisa Technologies IPO Open DateSeptember 25, 2023
Newjaisa Technologies IPO Close DateSeptember 27, 2023
Newjaisa Technologies IPO Allotment DateOctober 4, 2023
Newjaisa Technologies IPO Listing DateOctober 9, 2023
Face Value₹10 per share
Price₹44 to ₹47 per share
Lot Size3000 Shares
Issue Size8,496,000 shares of ₹5
(aggregating up to ₹39.93 Cr)
Fresh Issue8,496,000 shares of ₹5
(aggregating up to ₹39.93 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Company PromotersMr. Vishesh Handa and
Mr. Mukunda Raghavendra

About Newjaisa Technologies Limited

Newjaisa Technologies Limited, established in 2020, offers discounted refurbished electronics. We acquire used gadgets like laptops, desktops, and peripherals, restore them to like-new condition, and then sell them directly to customers, including businesses and individuals. Our primary revenue source is the direct sale of IT products, including laptops, desktops, monitors, and accessories like keyboards, mice, Wi-Fi equipment, and speakers.

We serve customers across India, including students, home users, small and medium-sized enterprises (SMEs), and working professionals. You can find our products on various e-commerce and online platforms.

Our team consists of over 347 individuals, including 99 employees and 248 interns, working in a 28,750 square foot facility. We deliver approximately 5,500 refurbished SKUs each month.

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Newjaisa Technologies IPO FAQs

What is the start and end date of Newjaisa Technologies IPO Subscription?

The Newjaisa Technologies IPO started on September 25, 2023, and ended on September 27, 2023.

When does Newjaisa Technologies IPO Subscription open?

The Newjaisa Technologies IPO open on September 25, 2023.

When does Newjaisa Technologies IPO Subscription close?

The Newjaisa Technologies IPO Close on September 27, 2023.

What is the allotment date of Newjaisa Technologies IPO?

The allotment date for Newjaisa Technologies IPO is September 4, 2023.

When is the initial refund date of Newjaisa Technologies IPO?

The initial Refund date for Newjaisa Technologies IPO is September 5, 2023.

When were the shares credited to investors demat accounts for the Newjaisa Technologies IPO?

The shares for the Newjaisa Technologies IPO were credited to investors demat accounts on September 6, 2023.

When will Newjaisa Technologies IPO be listed on the stock market?

Newjaisa Technologies IPO stock market will be listed on September 9, 2023 at 10 am.

What was the price range of the Newjaisa Technologies IPO shares?

The Newjaisa Technologies IPO shares were offered at a price range of ₹44 to ₹47 per share.

What was the lot size for the Newjaisa Technologies IPO shares?

The lot size for the Newjaisa Technologies IPO shares was 3000 shares.

What was the total issue size of the Newjaisa Technologies IPO?

The total issue size of the Newjaisa Technologies IPO was ₹39.93 crores.

How were the shares allocated among different types of investors for the Newjaisa Technologies IPO?

50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.

On which stock exchanges was the Newjaisa Technologies IPO listed?

The Newjaisa Technologies IPO was listed on the NSE SME.

What is the Newjaisa Technologies IPO Subscription Status?

Newjaisa Technologies IPO is subscribed Times.

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