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
Live Grey Market Premium
Newjaisa Technologies Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹11+23.4%
Issue Price (Upper)
₹47
Band: ₹44 – ₹47
Estimated Listing Price
₹58
Upper price + GMP
Lot Size
3000 shares
Min investment ₹1,41,000
Estimated Profit / Lot
₹33,000
3000 × ₹11
Newjaisa Technologies Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹11
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹11 | 23.4% | ₹58 |
| 30 Oct 2026 | +₹11 | 23.4% | ₹58 |
| 29 Oct 2026 | +₹10 | 21.1% | ₹57 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Newjaisa Technologies Limited Public Issue & Market Profile
Newjaisa Technologies Limited is bringing an initial public offering (IPO) in the Information Technology & Hardware sector with an aggregate issue size of ₹39.93 Crores. The shares are offered at a price band of ₹44 to ₹47 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Pricing Context:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2023-09-27, the basis of allotment is scheduled to be finalized on 2023-10-03. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Newjaisa Technologies Limited IPO GMP today?
The latest grey market premium for Newjaisa Technologies Limited IPO is ₹11, which indicates an expected listing price of ₹58.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.