Newjaisa Technologies IPO Date, Review, Price, Allotment Details

Newjaisa Technologies IPO Details: Newjaisa Technologies IPO date is fixed, The IPO will open on September 25 and will close on September 27. Newjaisa Technologies is an NSE SME IPO to raise ₹39.93 crores via IPO. The Newjaisa Technologies IPO price band is fixed at ₹44 to ₹47 with a market lot of 3000 shares.

Newjaisa Technologies IPO

Table of Contents

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

IPO Open:September 25, 2023
IPO Close:September 27, 2023
IPO Size:Approx ₹39.93 Crores, 8,496,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹44 to ₹47 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:35% of the net offer
QIB Quota:50% of the net offer
NII Quota:15% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

Newjaisa Technologies IPO Market Lot

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

ApplicationLot SizeSharesAmount
Retail Minimum13000₹141,000
Retail Maximum13000₹141,000
S-HNI Minimum26000₹282,000

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.

IPO Open Date:September 25, 2023
IPO Close Date:September 27, 2023
Basis of Allotment:October 4, 2023
Refunds:October 5, 2023
Credit to Demat Account:October 6, 2023
IPO Listing Date:October 6, 2023

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

₹ in Crores
YearRevenueExpensePAT
2021₹9.61₹8.63₹0.73
2022₹27.93₹25.48₹1.80
2023₹44.53₹36.34₹6.76

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.

Earning Per Share (EPS):₹3.03 per Equity Share
Price/Earning P/E Ratio:14.52
Return on Net Worth (RoNW):72.63%
Net Asset Value (NAV):₹4.17 per Equity Share

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


What is Newjaisa Technologies IPO?

Newjaisa Technologies IPO is an NSE SME IPO. They are going to raise ₹39.93 Crores via IPO. The issue is priced at ₹44 to ₹47 per equity share. The IPO is to be listed on NSE.

When Newjaisa Technologies IPO will open?

The IPO is to open on September 25, 2023 for QIB, NII, and Retail Investors.

What is Newjaisa Technologies IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Newjaisa Technologies IPO?

You can apply Newjaisa Technologies IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Newjaisa Technologies IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Newjaisa Technologies”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Newjaisa Technologies IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Newjaisa Technologies”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Newjaisa Technologies IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Newjaisa Technologies”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Newjaisa Technologies IPO Size?

Newjaisa Technologies IPO size is ₹39.93 crores.

What is Newjaisa Technologies IPO Price Band?

Newjaisa Technologies IPO Price Band is ₹44 to ₹47 per equity share.

What is Newjaisa Technologies IPO Minimum and Maximum Lot Size?

The IPO bid is 3000 shares with ₹141,000.

What is Newjaisa Technologies IPO Allotment Date?

Newjaisa Technologies IPO allotment date is October 4, 2023.

What is Newjaisa Technologies IPO Listing Date?

Newjaisa Technologies IPO listing date is October 6, 2023. The IPO to list on NSE SME.

Note: The Newjaisa Technologies IPO details are announced officially. The IPO grey market premium (Newjaisa Technologies IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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