IPO

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. [*] per equity share for cash, aggregating up to Rs. [*] crores ("Public Issue") out of which 4,26,000 equity shares of face value of Rs. 5/- each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be 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. [*] per equity share for cash, aggregating upto Rs. [*] crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.40 % and 25.07 % respectively of the post-issue paid-up equity share capital of the company. Price Band: Rs. 44 to Rs. 47 per equity share. The floor price is 8.8 times of the face value and the cap price is 9.4 times of the face value of the equity shares. Bids can be made for a minimum of 3000 equity shares and in multiples of 3000 equity shares.
Issue
Opens On Closes On
25-Sep-23 27-Sep-23
Money Payable On
Application Allotment
44.00 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
Cr Lead Managers to the Issue
Project Cost (.Cr) 0.00 Indorient Financial Services Ltd
Project Financed through Current Offer (.Cr) 37.38  
Post Issue Equity Share Capital (.Cr) 16.09
Issue Price () 44.00
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