NewJaisa Technologies said it aims to become the market leader in providing premium, quality-assured refurbished electronics at affordable and economical prices.
New Jaisa Technologies, a full-stack direct-to-consumer (D2C) electronics brand headquartered in Bengaluru, has submitted its draft prospectus to NSE Emerge for an initial public offering (IPO). The capital raised will be used strategically to expand the facility and build a proprietary omnichannel framework for process-oriented remediation, New Jaisa said in a statement.
NewJaisa Technologies said it aims to become the market leader in providing premium, quality-assured refurbished electronics at affordable and economical prices.
Vishesh Handa, CEO and Co-Founder of New Jaisa Technologies Ltd, commented on the IPO filing: “The IPO will allow us to further grow our business, strengthen our market position and enhance our product offering. We believe this will be a great opportunity for investors to become part of our growth story and share in our success.”
Indorient Financial Services Limited is the lead manager for the proposed IPO and Pooja EquiResearch Pvt, Mumbai is acting as advisor to the company.
Initial publication: August 12, 2023 at 11:56 am IST
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