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Open
25 Sep 2023
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Close
27 Sep 2023
3
Allotment
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Listing
Thu, Oct 5, 2023
Price Band
₹44 to ₹47
Issue Size
84,96,000 shares (agg. up to ₹40 Cr)
Lot Size
3,000 Shares
Listing Date
Thu, Oct 5, 2023
Latest GMP
₹11
Est. Gain
23.4%
✦ AI Insight
GMP Trend
05-10-2023₹11Est. ₹58+23.4%
04-10-2023₹11Est. ₹58+23.4%
03-10-2023₹3Est. ₹50+6.38%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.03x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 22.09 | 5.59 | 3.38 |
| Total Income | 44.53 | 27.93 | 9.61 |
| Profit After Tax | 6.76 | 1.80 | 0.73 |
| NET Worth | 9.30 | 2.55 | 0.74 |
| Reserves and Surplus | 8.94 | 2.19 | 0.73 |
| Total Borrowing | 7.44 | 1.82 | 1.63 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
About Newjaisa Technologies IPO
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.+ Read More
Contact Details
Newjaisa Technologies Ltd. Address207/B2, 2nd Cross Road, J.C, Industrial EstateBikasipura Main Road, Off Kanakpura RoadNear Delhi Public SchoolBengaluru, Karnataka, 560078+91 93901 77182cs@newjaisa.comVisit Website