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Newjaisa Technologies Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Newjaisa Technologies Ltd IPO

Registered Office: 207/B2 2nd Cross Rd Ind.Este,Bikasi.Mn.Rd off Kanakpura Rd , Bangalore - 560078 , Karnataka , India.
Phone : +91-93901 77182   Fax:
Email :  cs@newjaisa.com  
Website :  www.newjaisa.com
Initial public offer of upto 84,96,000 equity shares of face value of (Rs)5/- each (the "Equity Shares") of Newjaisa Technologies Limited ("The Company" or "Newjaisa" or "The Issuer") at an issue price of (Rs)47 per equity share for cash, aggregating (Rs)39.93 crores ("Public Issue") out of which 4,26,000 equity shares of face value of (Rs)5/- each, at an issue price of (Rs)47 per equity share for cash, aggregating (Rs)2.00 crores was reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 80,70,000 equity shares of face value of (Rs)5/- each, at an issue price of (Rs)47 per equity share for cash, aggregating (Rs)37.93 crores is herein after referred to as the "Net Issue". The public issue and net issue shall constitute 26.40% and 25.07% respectively of the post-issue paid-up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
25-Sep-23 27-Sep-23 (Rs)47.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  (Rs Cr) Lead Managers to the Issue
Project Cost 34.93
Indorient Financial Services Ltd
Project Financed through Current Offer 39.93  
Post Issue Equity Share Capital 16.09  
Issue Price (Rs)47.00  
 
Projects
Expansion of refurbishment facility and purchase of plant machinery & equipmentFunding working capital requirement
Investment in technology developmentRepayment of Bank facilities
Branding & MarketingGeneral corporate purposes
Promoted By
Vishesh Handa  
Mukunda Raghavendra  
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd