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Newjaisa Technologies IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Information Technology - Hardware sector. Indorient Financial Services is the merchant banker of Newjaisa Technologies IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 1st August 2023.
Newjaisa Technologies IPO open date is 25th September 2023 and close date is 27th September 2023. IPO Allotment Date is 4th October 2023 and Listing date is 5th October 2023.Newjaisa Technologies IPO size is Rs 39.93 Cr. crores with IPO price of Rs 47.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Indorient Financial Services Limited is the book-running lead manager of the Newjaisa Technologies IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Nikunj Stock Brokers Limited for Newjaisa Technologies IPO.
Newjaisa Technologies IPO anchor investors are the below investors. The number of anchor investors in this IPO is 5.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Saint Capital Fund | 714,000.00 | ₹47.00 | ₹33,558,000.00 |
| Negen Undiscovered Value | 426,000.00 | ₹47.00 | ₹20,022,000.00 |
| Neomile Growth Fund | 213,000.00 | ₹47.00 | ₹10,011,000.00 |
| India Equity Fund | 213,000.00 | ₹47.00 | ₹10,011,000.00 |
| Augmenta Value Trust | 852,000.00 | ₹47.00 | ₹40,044,000.00 |
Newjaisa Technologies IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Newjaisa Technologies IPO, based in New Delhi, operates in the Information Technology - Hardware sector with a focus on sale of used IT Products - retail. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Newjaisa Technologies IPO size is ₹ 39.93 Cr. Crores with fresh issue size of Rs 39.93 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Newjaisa Technologies IPO is expected to be 4th October 2023, after the finalization of basis of allotment. Investors can check Newjaisa Technologies IPO allotment status on the registrars website, Bigshare Services Private Limited. Newjaisa Technologies IPO refund dates are 5th October 2023.
Newjaisa Technologies IPO is expected to be listed on 5th October 2023.
The upper price band for the Newjaisa Technologies IPO is set at ₹ 47.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Newjaisa Technologies IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Newjaisa Technologies IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 27th September 2023. After submission, funds are blocked until the basis of allotment of Newjaisa Technologies IPO is finalised.
The merchant banker for Newjaisa Technologies IPO is Indorient Financial Services Limited . Indorient Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Newjaisa Technologies IPO RHP for further details.
The registrar for Newjaisa Technologies IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Newjaisa Technologies IPO through their official website or helpline.
Newjaisa Technologies IPO was subscribed 6.85 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 39.93 Cr.
Avg IPO Size (Sector Based)
:
₹ 40.86 Cr.
Sector: Information Technology - Hardware
SME IPO so far:
9
Merchant Banker:
Indorient Financial
SME IPO by BRLM so far:
47
City:
New Delhi
SME IPO so far:
152
Revenue (annualised):
₹ 44.52 cr.
PE
Ratio:
22.38x
Average Sector PE Ratio: 22.44x
Newjaisa Technologies IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Newjaisa Technologies Financial Review Page
Merchant Banker(s) of Newjaisa Technologies IPO: Indorient Financial Services Limited
Newjaisa Technologies IPO subscription was 6.85 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Newjaisa Technologies IPO listed at a listing price of 70.80 against the offer price of 47.00.
The current market price of Newjaisa Technologies is 45.50.
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