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Newjaisa Technologies Limited

Newjaisa Technologies Limited

listed
₹1.32LMin. investment

Newjaisa Technologies Limited IPO Details

Price range₹44.00 – ₹47.00
IPO type
SME
Lot size3000 shares
Issue size₹39.93Cr
RHP/DRHP
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Newjaisa Technologies Limited Timeline

  1. Bid start
    25 Sep 2023
  2. Bid end
    27 Sep 2023
  3. Allotment
    27 Sep 2023
  4. Release of funds
    5 Oct 2023
  5. Demat transfer
    4 Oct 2023
  6. Listing
    9 Oct 2023

About the Newjaisa Technologies Limited IPO :

Incorporated in  2020, Newjaisa Technologies Limited is a technology driven Direct to Consumer (“D2C”) refurbished IT electronics company providing quality refurbished electronics at significant discount as compared to new products with a goal is to provide best in-class, refurbished electronics at affordable prices.
The key goal is to reduce e-waste, by life extension of IT assets and to deliver High quality computing devices to end customers in as good as new condition, with warranty at affordable prices.  The primary objective is to mitigate electronic waste by extending the lifespan of IT assets, ensuring the delivery of high-quality computing devices to end-users in a condition akin to brand new, complete with warranties, all at affordable prices.
The Company is focused on operations in the Indian market and caters to Pan India customer base via ecommerce and online platforms and caters its products across industries. The four key customer segments for us include students, home users, SME and working professionals.
The company concentrates its efforts on operations within the Indian market, serving customers throughout the nation through e-commerce and online platforms, while providing products that cater to diverse industries. Our primary customer segments consist of students, home users, small and medium-sized enterprises (SMEs), as well as working professionals.
The Company is currently engaged in the business of purchase, refurbishment and sale of following IT products:
  1. Laptops/ Chromebooks (Brands like Dell, HP, Lenovo, ASUS, Acer, MAC book)
  2. Desktops/ Chromeboxes/ Monitors (Brands like Dell, HP, Lenovo, ASUS, Acer)
  3. Accessories (Keyboard, Mouse, WiFi, Speakers) (Brands like Dell, HP, Lenovo, others)
Now, Newjaisa Technologies Limited is coming out with its initial public offer (IPO). The issue proceeds from the issue will be utilised towards the following objects: Newjaisa Technologies Limited is preparing to launch its initial public offering (IPO). The funds raised from this offering will be allocated to the following purposes:
  1. Expansion of refurbishment facility and purchase of plant, machinery and equipment; 
  2. Investment in technology development
  3. Branding & Marketing 
  4. Funding Working Capital requirement
  5. Repayment of Bank facilities 
  6. General Corporate Purposes.

Here are key details about the Newjaisa Technologies Limited IPO :

Company NameNewjaisa Technologies Limited   Company TypePrivate
IPO TypeSME

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Newjaisa Technologies Limited Contact Details

Company NameNewjaisa Technologies Limited

How to apply for Newjaisa Technologies Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

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