Newjaisa Technologies Limited

About the company

## **About the Newjaisa Technologies Limited IPO :** Incorporated in  2020, Newjaisa Technologies Limited is a technology driven Direct to Consumer (“D2C”) refurbished IT electronics company providing quality refurbished electronics at significant discount as compared to new products with a goal is to provide best in-class, refurbished electronics at affordable prices. The key goal is to reduce e-waste, by life extension of IT assets and to deliver High quality computing devices to end customers in as good as new condition, with warranty at affordable prices.  The primary objective is to mitigate electronic waste by extending the lifespan of IT assets, ensuring the delivery of high-quality computing devices to end-users in a condition akin to brand new, complete with warranties, all at affordable prices. The Company is focused on operations in the Indian market and caters to Pan India customer base via ecommerce and online platforms and caters its products across industries. The four key customer segments for us include students, home users, SME and working professionals. The company concentrates its efforts on operations within the Indian market, serving customers throughout the nation through e-commerce and online platforms, while providing products that cater to diverse industries. Our primary customer segments consist of students, home users, small and medium-sized enterprises (SMEs), as well as working professionals. The Company is currently engaged in the business of purchase, refurbishment and sale of following IT products: 1. Laptops/ Chromebooks (Brands like Dell, HP, Lenovo, ASUS, Acer, MAC book) 2. Desktops/ Chromeboxes/ Monitors (Brands like Dell, HP, Lenovo, ASUS, Acer) 3. Accessories (Keyboard, Mouse, WiFi, Speakers) (Brands like Dell, HP, Lenovo, others) Now, Newjaisa Technologies Limited is coming out with its initial public offer (IPO). The issue proceeds from the issue will be utilised towards the following objects: Newjaisa Technologies Limited is preparing to launch its initial public offering (IPO). The funds raised from this offering will be allocated to the following purposes: 1. Expansion of refurbishment facility and purchase of plant, machinery and equipment;  2. Investment in technology development 3. Branding & Marketing  4. Funding Working Capital requirement 5. Repayment of Bank facilities  6. General Corporate Purposes. ## **Here are key details about the Newjaisa Technologies Limited IPO :** Company Name| Newjaisa Technologies Limited  |  | Company Type| Private ---|---|---|---|--- IPO Type|SME|

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   25 Sept 2023

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   27 Sept 2023

   Last day to place your bid

3. Basis of Allotment

   Completed
   27 Sept 2023

   Share allotment finalised

4. Refund Initiation

   Completed
   05 Oct 2023

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   04 Oct 2023

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   09 Oct 2023

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.