September 25, 2023 - September 27, 2023

Newjaisa Technologies IPO Subscription Details

Newjaisa Technologies IPO Subscription Status Live

Newjaisa Technologies IPO subscribed 6.85 times. The public issue subscribed 6.54 times in the retail category, 1.02 times in QIB, and 15.34 times in the NII category by September 27, 2023 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	1.02	1,614,000	16,47,000	7.74
Non-Institutional Buyers*	15.34	1,212,000	1,85,94,000	87.39
Retail Investors	6.54	2,826,000	1,84,89,000	86.90
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	6.85	5,652,000	3,87,30,000	182.03

Total Application : 6,163 (6.54 times)

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 426,000 equity shares not included.

Newjaisa Technologies IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 September 25, 2023	0.00	0.23	0.60	0.35
Day 2 September 26, 2023	0.00	0.37	1.81	0.98
Day 3 September 27, 2023	1.02	15.34	6.54	6.85

Newjaisa Technologies IPO Shares Offered

Newjaisa Technologies IPO is a public issue of 8,496,000 equity shares. The issue offers 2,826,000 shares to retail investors, 1,614,000 shares to qualified institutional buyers, and 1,212,000 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	2,418,000	11.36	28.46%
Market Maker	426,000	2.00	5.01%
QIB	1,614,000	7.59	19.00%
NII*	1,212,000	5.70	14.27%
Retail	2,826,000	13.28	33.26%
Total	8,496,000	39.93	100%

Newjaisa Technologies IPO Anchor Investor Allocation

A total of 2,418,000 shares at a price of Rs 47 per share will be allotted to the anchor investors.

S.No.	Name of Anchor Investor	No. of Shares Allocated	Bid Price Per Share (Rs.)	Anchor Investor Portion (%)	Total Amount Allocated (Rs.)
1	Negen Undiscovered Value Fund	426,000	47	17.62	20,022,000
2	Saint Capital Fund	714,000	47	29.53	33,558,000
3	India Equity Fund 1	213,000	47	8.81	10,011,000
4	Neomile Growth Fund - Series I	213,000	47	8.81	10,011,000
5	Augmenta Value Trust - Series 1	852,000	47	35.24	40,044,000
		2,418,000		100	113,646,000

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Non-Institutional Investors(NII)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.
NII category has two subcategories:
1. sNII (bids below Rs 10L)
  The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
2. bNII (bids above Rs 10L)
  The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
Retail Individual Investors(RII)
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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Newjaisa Technologies IPO Subscription FAQs

The Newjaisa Technologies IPO is subscribed 6.85 by September 27, 2023.