Newjaisa Technologies Limited IPO
Newjaisa Technologies Limited was a SME IPO in the Computers Hardware & Equipments sector, offered at ₹44–₹47 per share to raise ₹40 crore. It listed on 5 Oct 2023 at ₹71 and closed its first day at ₹71, a listing gain of +50.6% versus the ₹47 issue price. It now trades around ₹16 (-66.9% versus the issue price).
Frequently asked questions
- What were the Newjaisa Technologies Limited IPO listing gains?
- Newjaisa Technologies Limited listed on 5 Oct 2023 at ₹71, closing its first day at ₹71 — a listing gain of +50.6% versus the ₹47 issue price.
- What was the price band and lot size of the Newjaisa Technologies Limited IPO?
- The price band was ₹44–₹47 per share, with a minimum lot of 3,000 shares (₹1,41,000 at the upper band).
- Who were the registrar and lead manager for the Newjaisa Technologies Limited IPO?
- Bigshare Services Private Limited was the registrar, and Indorient was the book-running lead manager.