Newjaisa Technologies Limited — Others, 04-07-2025: Utilisation of Funds

Newjaisa Technologies has fully utilized Rs. 39.93 Cr raised via its October 2023 IPO mainly towards expanding a new 34,000 sq. ft. refurbishment facility, upgrading its ERP system (ERP 4.0), and launching broad B2C and B2B marketing campaigns. About Rs. 15.45 Cr was deployed for strategic inventory purchases, enhancing cost efficiency. Working capital and debt repayment accounted for Rs. 12.17 Cr, including Rs. 3.2 Cr lent to an NBFC to support stock financing during peak sales. Infrastructure construction received Rs. 14.2 Cr, with Rs. 5 Cr reserved for issue expenses. Additionally, Rs. 29.81 Cr from the August 2024 preferential issue went mainly to capital expenditure and general corporate purposes, with Rs. 10.5 Cr still unutilized. No deviations or changes in fund use were reported.