Newgen Software Technologies IPO Issue, Status, Allotment, Listing, GMP

newgen software ipo

Newgen Software Technologies Limited is a privately held IT company headquartered in New Delhi, India. Newgen was founded by Diwakar Nigam, its current CEO, in 1992 as his second attempt at starting a business.

Newgen Software, is a provider of Business Process Management (BPM), Enterprise Content Management (ECM), Customer Communication Management (CCM) and Case Management solutions with large, mission-critical solutions deployed at world’s leading Banks, Insurance firms, Healthcare Organizations, Governments, BPO’s & Telecom Companies.

Headquartered out of New Delhi, India – Newgen Software Technologies Limited has wholly owned subsidiaries United States (Newgen Software Inc), Canada (Newgen Software Technologies Canada Limted), United Kingdom (Newgen Software Technologies (UK) Limited) & Singapore (Newgen Software Technologies PTE Limited).

Newgen Software Technologies IPO details
Subscription Dates 16 to 18 Jan 2018
Issue Price Rs. 240 – 245 Per Equity Share
Fresh issue INR 95 Crore
Offer For Sale 13,453,932 Shares
Total IPO Size INR 424.62 Crore (approx)
Minimum Lot Size (Bid) 61 Shares
Face Value Rs 10 Per Equity Share
Listing on BSE and NSE
Retail Allocation 35%

Book Running Lead Manager

  • ICICI Securities Limited
  • Jefferies India Private Limited
  • IDFC Bank Limited
IPO Allotment and Listing details
Allotment Date 23 Jan 2018
Refund Date 24 Jan 2018
Demat Account Credit Date 25 Jan 2018
Listing Date: 29 Jan 2018
Check Allotment Status: Click here..

Newgen Software Technologies Company Contact

Newgen Software Technologies Limited
A-6, Satsang Vihar Marg,
Qutab Institutional Area,
New Delhi 110 067
Phone: +91 114077 0100, 2696 357
Fax: +91 112685 6936

Newgen Software Technologies IPO Registrar Details

Karvy Computershare Private Limited
Karvy House, 46, Avenue 4, Street No. 1,
Banjara Hills, Hyderabad – 500 034
Andhra Pradesh, India
Phone: +91-40-23312454
Fax: +91-40-23311968