Newjaisa Technologies Limited

Company Profile
Company Name Newjaisa Technologies Limited
Open Date 25-09-2023
Close Date 27-09-2023
Exchange NSE SME
Lot Size 3000 Shares
Issue Price ₹44 to ₹47 per share
Issue Size 84,96,000 Equity Shares
Application Amount ₹ 1,41,000
Recommendation Risk_Averse - Should Wait Risk_Seekers - Should Apply
Newjaisa Technologies Limited was originally incorporated in the year 2020 and has its registered office in Maharashtra. The Company is a technology-driven direct-toconsumer refurbished IT electronics company providing quality refurbished electronics at significant discounts as compared to new products.The company is currently focused on operating in the Indian market and caters to the Pan India customer. As of 31st August 2023, the Company has 99 Employees and 248 Interns on its payroll.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Mar-23
Total Assets 337.99 559.15 2,208.69
Net Assets 74.36 254.55 930.12
Total Borrowings 163.31 184.90 748.53
Total Revenue 960.71 2,792.50 4,453.23
Profit After Tax 73.36 179.88 675.56

Tentative Timeline

Opening Date 25-09-2023
Closing Date 27-09-2023
Basis of Allotment 04-10-2023
Initiation of Refunds 05-10-2023
Credit of Shares to Demat 06-09-2023
Listing Date 09-10-2023

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 requirements
Repayment of bank facilities and General Corporate Purpose.

Contact Information

Registered Office 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

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer
Retail Shares Offered Not less than 35.00% of the Offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 94.23%
Share Holding Post Issue (Promoters) 69.35%

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