What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Newjaisa Technologies Limited IPO?

Newjaisa Technologies Limited IPO has received a total subscription of 6.93 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Newjaisa Technologies Limited

ListedSME

Information 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

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

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

6.93x

Total Demand

QIB Multiplier

1.02x

Institutions & Funds

NII / HNI

15.69x

High Net-Worth

Retail (RII)

6.54x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 6.93x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	1,614,000	1,647,000	1.02x
NIB	1,212,000	19,020,000	15.69x
RETAIL	2,826,000	18,489,000	6.54x
Total	5,652,000	39,156,000	6.93x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 6.86x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	991	6,481	6.54x
HNIs (10L +)	6	94	15.69x
HNIs (2-10L)	30	471	15.69x
Total Applications	1,027	7,046	6.86x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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 (GMP) for Newjaisa Technologies Limited IPO is ₹11 per equity share. Based on the upper price band of ₹44 to ₹47 per equity share, the estimated listing price is ₹58 (+23.4% expected listing gain).

What is the expected profit per lot for Newjaisa Technologies Limited IPO?

With a lot size of 3000 shares and current GMP of ₹11, the expected profit per application lot is approx ₹33,000 (+23.4% gain). Minimum application cost is approx ₹1,41,000.

What is the issue size and price band for Newjaisa Technologies Limited IPO?

The Newjaisa Technologies Limited IPO aggregate issue size is ₹39.93 Crores with an equity price band set at ₹44 to ₹47 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,41,000.

How can I check Newjaisa Technologies Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 6.93x (Retail: 6.54x, QIB: 1.02x, NII: 15.69x). You can track live multiples directly on our dedicated subscription page.

Where and when will Newjaisa Technologies Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2023-10-03. Investors can verify status using PAN card or application number.

When is the listing date for Newjaisa Technologies Limited IPO?

Newjaisa Technologies Limited shares are scheduled to list on NSE on 2023-10-05.