IPO Synopsis

Newjaisa Technologies Ltd

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 47.00-0.00 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 47.00  

Projects

  • Expansion of refurbishment facility and purchase of plant machinery & equipment
  • Investment in technology development
  • Branding & Marketing
  • Funding working capital requirement
  • Repayment of Bank facilities
  • General corporate purposes

Promoted By

Vishesh Handa

Mukunda Raghavendra

Listing At

NSE - SME

Registrar to the Issue

No Data Available