The Newjaisa Technologies IPO minimum market lot is 3000 with ₹141,000 application amount. The IPO is an NSE SME IPO, and it will be listed on the NSE.
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.
IPOWatch View
We recommend investors may apply an IPO with Long-term views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Newjaisa Technologies IPO Subscription Status – Day 3
| Category | Subscription Numbers |
| QIB | 1.02 |
| NII | 6.54 |
| RII | 15.34 |
| Total | 6.84 |
Newjaisa Technologies IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Newjaisa Technologies IPO Review
- May Apply
Newjaisa Technologies IPO Form
How to apply for the Newjaisa Technologies IPO? You can apply for 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 is you can apply for Newjaisa Technologies IPO via IPO forms downloaded via NSE. Check out the Newjaisa Technologies forms – Click NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
