NewJaisa Technologies IPO itemizing date: NewJaisa Technologies shares made a optimistic debut on NSE SME in the present day. On NSE SME, NewJaisa Technologies share value in the present day was listed at ₹71 per share, 51% greater than the difficulty value of ₹47.

NewJaisa IPO value band was set within the vary of ₹44 to ₹47 per fairness share of face worth of ₹5 every. NewJaisa IPO lot dimension was 3000 fairness shares and in multiples of 3000 fairness shares thereafter. NewJaisa Technologies IPO opened for subscription on Monday, September 25, and closed on Wednesday, September 27.

The ground value was ₹44 per fairness share which is 8.8 occasions of the face worth and the cap value was ₹47 per fairness share, which is 9.4 occasions of the face worth.

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Also Read: Newjaisa Technologies IPO opens next week. All you need to know about SME issue

NewJaisa Technologies IPO particulars

A contemporary subject of 8,496,000 fairness shares totalling ₹39.93 crore makes up the NewJaisa IPO subject and there isn’t any provide on the market (OFS) part. Vishesh Handa and Mukunda Raghavendra are the corporate’s promoters.

As on the date of RHP (September 16), the promoters collectively maintain 1,78,56,000 fairness shares constituting 53.69% of the post-issued, subscribed and paid-up fairness share capital of the corporate.

Also Read: NewJaisa Technologies IPO closes today: Check GMP, subscription status, other key details

The firm plans to make use of the web proceeds from the providing to pay for common company bills, working capital wants, know-how growth, model and advertising and marketing initiatives, plant, equipment, and tools purchases, in addition to facility growth and renovations.

Also Read: NewJaisa Technologies IPO: GMP, subscription status on day 2, other key details to know

NewJaisa Technologies IPO GMP in the present day

NewJaisa IPO GMP in the present day or gray market premium on Tuesday is +5. This signifies NewJaisa share value have been buying and selling at a premium of ₹5 within the gray market on Thursday, in accordance with ipowatch.in

Considering the higher finish of the NewJaisa Technologies IPO value band and the present premium within the gray market, the estimated itemizing value of NewJaisa share value is ₹52 apiece, which is 10.6% greater than the IPO value of ₹47.

‘Grey market premium’ signifies traders’ readiness to pay greater than the difficulty value.

Also Read: NewJaisa Technologies IPO allotment finalised: Latest GMP, here’s how to check allotment status