Newgen Software IPO Dates, Price Band, Market Lot Details

Newgen Software Technologies coming up with ipo around 425 crore in January 2018. The company incorporated in 1992 which is based in Delhi. Newgen Software Technologies is a software product company offers product and platform to the organizations. The company has ECM and BPM space. They sell their own products and they have 300 strong channel partners all over the world. They have 27 patent applications in India 1 in USA. They are ctive in 60 countries with 450 customers and 265 employees. The company looks good on the paper. One can subscribe the ipo for listing gain.

Newgen Software IPO Review:

  • Apply for Listing Gain

Newgen Software IPO Dates & Price Band: (Approx)

  • IPO Open: 16-January-2018
  • IPO Close: 18-January-2018
  • IPO Size: Approx Rs. 425 Crore (Approx)
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 240 to 245 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity: 13,453,932 Shares

Newgen Software IPO Market Lot:

  • Shares: Apply for 61 Shares (Minimum Lot Size)
  • Amount: Rs.14,945

Newgen Software IPO Allotment & Listing:

  • Basis of Allotment: 23-January-2018
  • Refunds: 24-January-2018
  • Credit to demat accounts: 25-January-2018
  • Listing: 29-January-2018

Newgen Software Financial:
The results has been looks up and down but in 2017 it was jumped superbly. The PAT jumped 88% to 52.4 crore compared to 2016 which was 27.8 crore. The revenues increasing year on year. In 2017 in increased 24% compared to 2016 while 111 times compared to 2013.

Rs. in Crore
2013 2014 2015 2016 2017
Revenues 206 255 316 350 434
Expenses 161 206 257 314 366
PAT 37.0 16.1 46.4 27.8 52.4

Company Promoters:

  • Mr. Diwakar Nigam
  • Mr. T.S. Varadarajan

Quick Links:
DRHP Draft Prospectus

Newgen Software IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: [email protected]
Website: http://karisma.karvy.com

Newgen Software IPO Lead Managers:

  • ICICI Securities Limited
  • IDFC Bank Limited
  • Jefferies India Private Limited

Company Address:
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
Email: [email protected]
Website: http://www.newgensoft.com/

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