Newgen Software Technologies Limited IPO

Newgen Software Technologies Limited Profile

Newgen Software Technologies IPO Subscription details , Allotment Status, Listing Date and Grey Market Premium (GMP)Newgen Software Technologies Limited was started and incorporated in 1992, in New Delhi, India. Headquartered out of New Delhi, India – Newgen Software Technologies Limited has wholly owned subsidiaries United States (Newgen Software Inc), Canada (Newgen Software Technologies Canada Limited), United Kingdom (Newgen Software Technologies (UK) Limited) & Singapore (Newgen Software Technologies PTE Limited). From the beginning, the company’s Managing Director Mr. Diwakar Nigam and Chief Financial Officer Mr. T. S. Varadarajan were committed to striving for excellence within the software product development field.

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

The company has been recognized by distinguished analyst firms including Gartner and Forrester. It has been positioned in the Magic Quadrants for Intelligent Business Process Management (iBPM), Enterprise Content Management (ECM), Customer Communication Management (CCM) and BPM-Platform-Based Case Management frameworks. Newgen’s Quality Systems are certified for ISO 9001:2008, ISO 27001:2013, CMMi Development (v1.3) Level 3 and CMMi Services (v1.3) Level 3.

Newgen Software Technologies Limited Promoters:

The Promoters of the Company are Mr. Diwakar Nigam and Mr. T.S. Varadarajan.

Newgen Software Technologies Limited IPO details:


Symbol: NEWGEN

Issue Size: Initial Public offer of Fresh issue of up to Rs 950 Million and an offer for sale up to 13,453,932 Equity Shares

Face Value:  Rs 10

Price Range: Rs 240 to Rs 245

Issue Type: 100% Book Building

Bid Lot: 61 Equity Shares and in multiples thereof

Minimum Order Quantity: 61 Equity Shares

Issue Period: 16-Jan-2018 to 18-Jan-2018

Maximum Subscription Amount for Retail Investor: Rs. 2,00,000

Registrar: Karvy Computershare Private Limited    

Listing At: BSE, NSE                                 

IPO Market Timings: 10.00 a.m. to 5.00 p.m.

Newgen Software Technologies Limited Financials:

Particulars For the year/period ended (in Rs. million)        
  31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 4,467.11 3,892.55 3,243.41 2,650.47 1,578.12
Total Revenue 4,337.65 3,496.70 3,162.13 2,551.65 2,055.49
Profit After Tax 523.62 278.20 463.80 410.81 369.55

 

Newgen Software Technologies Limited IPO Subscription Details:

Category Shares offered Subscription (no. of times)
Day1 Day 2 Day 3
QIB  3506688  0.0992  0.0992  15.62
NII  2611840  0.0053  0.0311  5.52
Retail  6094293  0.3207  1.2997  5.18
Employees  —-  —-  —-  —-
Total  12212821  0.1896  0.6819  8.25

 

 

Newgen Software Technologies Limited Allotment Status:

Newgen Software Technologies Limited IPO Allotment Date: 23 January 2018
Newgen Software Technologies Limited IPO Listing Date: 29 January 2018

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