Newjaisa Technologies Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 4,032,000 (47%) | — | ₹1,895 Cr |
| NII (HNI) | — | 1,212,000 (14%) | — | ₹570 Cr |
| Retail | — | 2,826,000 (33%) | — | ₹1,328 Cr |
| Market Maker | — | 426,000 (5%) | — | ₹20 Cr |
| Σ Total | — | 8,496,000 (100%) | — | ₹39,931 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹141,000 |
| Retail (Max) | 13 | 39,000 | ₹1,833,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,974,000 |
| B-HNI (Min) | 67 | 201,000 | ₹9,447,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Revenue | 4,453 | 2,793 | 961 |
| Profit After Tax | 676 | 180 | 73 |
| Net Worth | 74 | 255 | 930 |
| Total Assets | 2,209 | 559 | 338 |
| Reserves & Surplus | 73 | 219 | 894 |
| Total Borrowing | 163 | 182 | 744 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Expansion of refurbishment facility and purchase of plant, machinery and equipment – 1.00
- Investment in technology development – 2.00
- Branding & Marketing – 2.00
- Funding Working Capital requirement – 15.45
- Repayment of Bank facilities – 7.30
- General Corporate purposes – 7.18
Company Overview
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.