{"id":20806,"date":"2023-09-22T11:53:38","date_gmt":"2023-09-22T11:53:38","guid":{"rendered":"https:\/\/delhinewswatch.com\/index.php\/2023\/09\/22\/newjaisa-technologies-limited-ipo-opens-on-25th-september-2023\/"},"modified":"2023-09-22T11:53:38","modified_gmt":"2023-09-22T11:53:38","slug":"newjaisa-technologies-limited-ipo-opens-on-25th-september-2023","status":"publish","type":"post","link":"https:\/\/delhinewswatch.com\/index.php\/2023\/09\/22\/newjaisa-technologies-limited-ipo-opens-on-25th-september-2023\/","title":{"rendered":"NewJaisa Technologies Limited IPO Opens on 25th September, 2023"},"content":{"rendered":"
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Mumbai (Maharashtra) [India], September 22<\/strong>: NewJaisa Technologies Limited, India\u2019s leading IT electronics refurbishing company, has announced its plans to go public with an Initial Public Offering (IPO) on September 25th, 2023. The company is aiming to raise \u20b9 39.93 crore on upper band price through this IPO, with shares set to be listed on the NSE EMERGE platform.<\/p>\n

The fresh issue size is 84,96,000 equity shares at face value of \u20b9 5 each. The Bid opens for Anchor Investors on September 22nd, 2023.<\/p>\n

Equity Share Allocation<\/p>\n

\u2022 Qualified Institutional Buyers (QIB) \u2013 Up To 40,32,000 Equity Shares<\/p>\n

\u2022 Non-Institutional Investors (NII) \u2013 Up To 12,12,000 Equity Shares<\/p>\n

\u2022 Retail Individual Investors (RII) \u2013 Up To 28,26,000 Equity Shares<\/p>\n

\u2022 Market Maker portion \u2013 4,26,000 Equity Shares<\/p>\n

The net proceeds from the IPO will be utilised for Expansion of refurbishment facility and purchase of plant, machinery and equipment, Investment in technology development, Branding & Marketing, Funding Working Capital requirement,Repayment of Bank facilities and General Corporate purposes. The issue will close on September 27, 2023.<\/p>\n

The Book Running Lead Manager to the Issue is Indorient Financial Services Limited. The Registrar to the Issue is Bigshare Services Private Limited.<\/p>\n

Mr. Vishesh Handa, Chairman and Managing Director of NewJaisa Technologies Limited said, ” We aim to provide budget-friendly, environmentally friendly IT products through top-notch refurbished electronics, primarily for the Indian market, serving customers nationwide via online platforms.<\/p>\n

IPO funding will provide us with the necessary resources to meet our growth capital needs and achieve our long-term vision. Additionally, the IPO will also enhance our brand.”<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/p>\n","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) [India], September 22: NewJaisa Technologies Limited, India\u2019s leading IT electronics refurbishing company, has announced its plans to go public with an Initial Public Offering (IPO) on September 25th, 2023. The company is aiming to raise \u20b9 39.93 crore on upper band price through this IPO, with shares set to be listed on the NSE EMERGE platform. The fresh issue size is 84,96,000 equity shares […]<\/p>\n","protected":false},"author":1,"featured_media":20807,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[628],"class_list":["post-20806","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/posts\/20806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/comments?post=20806"}],"version-history":[{"count":0,"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/posts\/20806\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/media\/20807"}],"wp:attachment":[{"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/media?parent=20806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/categories?post=20806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/tags?post=20806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}