Newjaisa Technologies  IPO Details

Open Date

25 Sep 2023

27 Sep 2023


₹39.93 Cr

Lot Size

IPO Size

Listing At


Listing  Date

Price Range

₹44 to ₹47

Close Date

Allotment Date

04 Oct 2023

09 Oct 2023

IPO Details

Newjaisa Technologies Limited, a company founded in 2020, sells refurbished devices for less money. The business purchases pre-owned technology, including laptops, desktop computers, and peripherals, refurbishes them, and then sells them straight to enterprises or consumers for end use.  The Company's primary business model at the moment is the direct sale of IT Products, such as laptops, chromebooks, desktops, chromeboxes, monitors, and accessories (keyboard, mouse, WiFi, speakers).

About the Company

The company intends to utilize the net proceeds from the issue towards the funding of the following objects: Expansion of refurbishment facility and purchase of plant, machinery, and equipment. Investment in technology development, Branding and marketing, and Funding Working Capital requirement. Repayment of Bank facilities and General Corporate purposes.


The book-running lead managers to the offer are: Indorient Financial Services Ltd

Book Runners

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