Newjaisa Technologies IPO Subscription Status – IPO Closed

Newjaisa Technologies IPO subscription status started on Monday, September 25, 2023 and will close on September 27, 2023. Newjaisa Technologies IPO to raise around ₹39.93 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹44 to ₹47 per equity share.

Newjaisa Technologies IPO

Table of Contents

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

CategorySubscription Numbers
QIB1.02
NII6.54
RII15.34
Total6.84


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.

Newjaisa Technologies IPO Subscription Status FAQs:


When Newjaisa Technologies IPO Subscription will start?

The IPO subscription starts on September 25, 2023 for NII, QIB and Retail Investors.

How to subscribe Newjaisa Technologies IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Newjaisa Technologies IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

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 the Newjaisa Technologies IPO Allotment Date?

Newjaisa Technologies IPO allotment date is October 4, 2023.

What is the Newjaisa Technologies IPO Listing Date?

Newjaisa Technologies IPO listing date is October 9, 2023. The IPO is to list on NSE.

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