Newjaisa Technologies Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

25 Sep 2023

Close Date

27 Sep 2023

Allotment

04 Oct 2023

Listing Date

05 Oct 2023

Exchange

NSE SME

Price Band

₹47

Listing Price

See chart

Allotment Status

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Price Band

₹47

Per share

Face Value

₹5 per share

Lot Size

3,000 Shares

per lot

Issue Size

84,96,000 shares (aggregating up to ₹39.93 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹141,000

1 lot

Pre-IPO Holding

2,36,87,472 shares

Promoters

Post-IPO Holding

3,21,83,472 shares

Promoters

P/E (Pre)

15.51x

P/E (Post)

22.38x

EPS (Pre)

₹3.03

UPI Deadline

2023-09-27

Mandate

Anchor AllotmentSun, 24 Sep 2023

Basis of AllotmentWed, 04 Oct 2023

Refund InitiationThu, 05 Oct 2023

Demat CreditFri, 06 Oct 2023

Listing DayThu, 05 Oct 2023

UPI Mandate Deadline2023-09-27

Sale TypeFresh Capital

Net Offer to Public80,70,000 shares (aggregating up to ₹37.93 Cr)

Market Maker Quota4,26,000 shares (aggregating up to ₹2.00 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Newjaisa Technologies Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 27 Sep 2023.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	426,000	—	₹2.00
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	8,496,000	100%	₹39.93

IPO Shares Offered

Newjaisa Technologies Ltd IPO total issue size: ₹39.93 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	426,000	₹2.00	5.01%
Total	8,496,000	₹39.93	100.00%

* Based on upper price band ₹47 per share

Lot Size & Investment

Lot Size

3,000

Shares per Lot

Issue Price

₹47.00

Upper Band

Min Investment

₹141,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	6,000	₹282,000
Retail (Max — 13 Lots)	13	39,000	₹1,833,000
S-HNI (Min — 14 Lots)	14	42,000	₹1,974,000
B-HNI (Min — 68 Lots)	68	204,000	₹9,588,000

* Issue Price ₹47 × Lot Size 3,000 shares

IPO Schedule

Anchor

24 Sep 2023

✓ Done

IPO Open

25 Sep 2023

✓ Done

IPO Close

27 Sep 2023

✓ Done

Allotment

04 Oct 2023

✓ Done

Refunds

05 Oct 2023

✓ Done

Demat Credit

06 Oct 2023

✓ Done

Listing Day

05 Oct 2023

✓ Done

₹47.00

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Issue ₹47.00 Live Price

About Newjaisa Technologies Ltd

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.

Objects of the Issue

Expansion of refurbishment facility and purchase of plant, machinery and equipment

Investment in technology development

Branding & Marketing

Funding Working Capital requirement

Repayment of Bank facilities

General Corporate purposes

Newjaisa Technologies Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹960.7

31 Mar 2021

₹2,792.5

31 Mar 2022

₹4,453.2

31 Mar 2023

Profit After Tax (PAT)

₹73.4

31 Mar 2021

₹180.2

31 Mar 2022

₹675.6

31 Mar 2023

Particulars	31 Mar 2023	31 Mar 2022	31 Mar 2021
Revenue from Operations	4453.23	2792.50	960.71
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	675.57	180.19	73.36
Net Worth	74.36	254.55	930.12
Total Assets	2208.70	559.15	337.99
Reserves & Surplus	73.36	218.55	894.12
Borrowings	162.64	181.82	743.70
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

RoE

72.63%

RoCE

72.63%

RoNW

72.63%

Issue Structure & Shareholding

Total Shares Offered84,96,000 (100.00%)

Net Offer to Public80,70,000 shares (aggregating up to ₹37.93 Cr)

Reserved for Market Maker4,26,000 shares (aggregating up to ₹2.00 Cr)

Pre-Issue Promoter Holding2,36,87,472 shares

Post-Issue Promoter Holding3,21,83,472 shares

P/BV RatioN/A

RoE72.63%

RoCE72.63%

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Bigshare Services Pvt.Ltd

+91-22-6263 8200

ipo@bigshareonline.com

https://ipo.bigshareonline.com/IPO_Status.html

Check Allotment

Book Running Lead Managers

Indorient Financial Services Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Newjaisa Technologies Ltd IPO subscribed? ▲

Newjaisa Technologies Ltd IPO is subscribed 1.00 times by Sep 27, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Newjaisa Technologies Ltd IPO retail subscription status? ▼

The Newjaisa Technologies Ltd IPO retail category is subscribed 1.00 times as of 27 Sep 2023. The retail portion is oversubscribed.

How to subscribe Newjaisa Technologies Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 25 Sep 2023 and closes 27 Sep 2023. Min investment: ₹141,000 (1 lot = 3,000 shares). UPI mandate: 2023-09-27.

How many times Newjaisa Technologies Ltd IPO subscribed? ▼

The Newjaisa Technologies Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Newjaisa Technologies Ltd IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 04 Oct 2023. Refunds: on 05 Oct 2023.

When Newjaisa Technologies Ltd IPO will be listed? ▼

The Newjaisa Technologies Ltd IPO listing date is 05 Oct 2023, Thursday. Listed on: NSE SME. Issue price: ₹47. Estimated listing: ₹47. GMP: NIL.

When Newjaisa Technologies Ltd IPO close? ▼

The Newjaisa Technologies Ltd IPO closes on 27 Sep 2023, Wednesday. UPI mandate: 2023-09-27. Allotment: 04 Oct 2023. Listing: 05 Oct 2023.

Quick Actions

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Live Price LIVE

Last Price₹47.00

Change—

Issue Price₹47.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹47

Face Value₹5

Lot Size3,000 Sh

Min. Amount₹141,000

GMPNIL

Est. Listing₹47

Subscribed1.00x

Open Date25 Sep 2023

Close Date27 Sep 2023

Allotment04 Oct 2023

Listing Date05 Oct 2023

ExchangeNSE SME

UPI Deadline2023-09-27