Newjaisa Technologies IPO Date, Review, Price, Allotment Details

Started in 2020, Newjaisa Technologies is a Technology driven Direct to consumer refurbished IT electronics company providing quality refurbished electronics at significant discounts as compared to new products. Their goal is to provide best-in-class, refurbished electronics at affordable prices.

Their business model encompasses an end-to-end reverse supply chain for IT assets. It involves procuring used IT assets (laptops, desktops, and peripherals), refurbishing them to as close to new computer conditions, and selling 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’ key goal is to reduce e-waste, by the life extension of IT assets and to deliver High-quality computing devices to end customers in as good as new condition, with warranty at affordable prices. They currently are focused and operate in the Indian market and cater to the Pan India customer base via e-commerce and their online platforms and cater their products across industries. The four key customer segments for them include students, home users, SMEs, and working professionals. They have served customers at more than 19,298 pin codes in India, with their centralized team and plant in Bangalore.

Objects of the Issue:

• Expansion of refurbishment facility and purchase of plant, machinery, and equipment.
• Investment in technology development, Branding and marketing, and Funding Working Capital requirement.
• Repayment of Bank facilities and General Corporate purposes.

Newjaisa Technologies IPO Review

• May Apply

Newjaisa Technologies IPO Date & Price Band Details

Newjaisa Technologies IPO Market Lot

The Newjaisa Technologies IPO minimum market lot is 3000 shares with a ₹141,000 application amount.

Newjaisa Technologies IPO Dates

The Newjaisa Technologies IPO date is September 25 and the IPO close date is September 27. The IPO allotment date is October 4 and the IPO might list on October 9.

You can check IPO subscription status and IPO allotment status on their respective pages.

Newjaisa Technologies IPO Form

How to apply Newjaisa Technologies IPO? You can apply Newjaisa Technologies IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Newjaisa Technologies IPO in the Invest section. The other option you can apply Newjaisa Technologies IPO via IPO forms download via the NSE website. Check out the Newjaisa Technologies forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Newjaisa Technologies Company Financial Report

Newjaisa Technologies IPO Valuation – FY2023

Check Newjaisa Technologies IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Cerebra Technologies Limited

Company Promoters

• Mr. Vishesh Handa
• Mr. Mukunda Raghavendra

Newjaisa Technologies IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Newjaisa Technologies IPO Allotment Status

Check Newjaisa Technologies IPO allotment status on Bigshare website URL. Click Here

Newjaisa Technologies IPO Lead Managers aka Merchant Bankers

• Indorient Financial Services Ltd

Company Address

Newjaisa Technologies Limited
207/B2, 2nd Cross Road, J.C, Industrial Estate
Bikasipura Main Road, Off Kanakpura Road,
Near Delhi Public School, Bangalore – 560078
Phone: +91 93901 77182
Email: [email protected]
Website: https://newjaisa.com/

Newjaisa Technologies IPO FAQs

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