Newjaisa Technologies Limited
ListedSMEInformation Technology & Hardware · NSE
Incorporated in 2020, Newjaisa Technologies Limited is involved in the business of procuring used electronics, refurbishing them, and selling them at affordable prices across India. The company deals mainly in refurbished laptops, desktops, monitors, Chromebooks, and accessories like keyboards, mouse, speakers, and Wi-Fi devices, serving students, SMEs, working professionals, and retail customers through online platforms. With a team of around 347 members (including interns) operating from a 28,750 sq. ft. facility, Newjaisa delivers nearly 5,500 refurbished SKUs every month.
Price Band
₹44 – ₹47
Issue Size
₹39.93 Cr
Lot Size
3000 shares
GMP
₹11
+23.4%
Est. Listing
₹58
at current GMP
Subscribed
6.93x
overall
Open
25 Sep 2023
Close
27 Sep 2023
Allotment
3 Oct 2023
Refund
4 Oct 2023
Demat Credit
5 Oct 2023
Listing
5 Oct 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Information Technology & Hardware segment
- •Price band established at ₹44 - ₹47 per equity share
- •Minimum bid lot is 3000 shares
- •Estimated listing target of ₹58 based on current grey market activity