Newgen Software Technologies IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 424.62 Cr. The company is based in New Delhi and caters to Information Technology sector. ICICI Securities , Idfc Bank , Jefferies India are the merchant bankers of Newgen Software Technologies IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 27th September 2017.
Newgen Software Technologies IPO open date is 16th January 2018 and close date is 18th January 2018. IPO Allotment Date is 23rd January 2018 and Listing date is 29th January 2018.Newgen Software Technologies IPO size is ₹ 424.62 Cr. with IPO price of ₹ 245.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
ICICI Securities Limited is the book-running lead manager of the Newgen Software Technologies IPO. Kfin Technologies Limited is the Registrar for Newgen Software Technologies IPO.
Newgen Software Technologies IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Newgen Software Technologies IPO, based in New Delhi, operates in the Information Technology sector with a focus on software. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Newgen Software Technologies IPO size is ₹ 424.62 Cr. with fresh issue size of ₹ 425 and Offer for sale being ₹ Nil
The IPO allotment date for Newgen Software Technologies IPO is expected to be 23rd January 2018, after the finalization of basis of allotment. Investors can check Newgen Software Technologies IPO allotment status on the registrars website, Kfin Technologies Limited . Newgen Software Technologies IPO refund dates are 24th January 2018.
Newgen Software Technologies IPO is expected to be listed on 29th January 2018.
The upper price band for the Newgen Software Technologies IPO is set at ₹ 245.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Newgen Software Technologies IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Newgen Software Technologies IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 18th January 2018. After submission, funds are blocked until the basis of allotment of Newgen Software Technologies IPO is finalised.
The merchant banker for Newgen Software Technologies IPO is ICICI Securities Limited , Idfc Bank Limited , Jefferies India Private Limited . ICICI Securities Limited , Idfc Bank Limited , Jefferies India Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Newgen Software Technologies IPO RHP for further details.
The registrar for Newgen Software Technologies IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Newgen Software Technologies IPO through their official website or helpline.
Newgen Software Technologies IPO was subscribed 8.25 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Newgen Software Technologies IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Newgen Software Technologies Financial Review Page
Merchant Banker(s) of Newgen Software Technologies IPO: ICICI Securities Limited , Idfc Bank Limited , Jefferies India Private Limited
Newgen Software Technologies IPO subscription was 8.25 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Newgen Software Technologies IPO listed at a listing price of 253.00 against the offer price of 245.00.
The current market price of Newgen Software Technologies is 962.60.
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