Newgen software Technologies limited IPO Allotment Status Online

IPO

Newgen software Technologies limited IPO

Mainboard

Offer Date: Jan 16, 2017 - Jan 18, 2017

₹ 14945 /61 Shares

16 Jan, 2017

Open Date

18 Jan, 2017

Close Date

24 Jan, 2017

Allotment Date

29 Jan, 2017

Listing Date
IPO Issue Details
  • Issue Price Rs 240 - Rs 245 Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Listing at NSE, BSE
  • Registrar Karvy Computershare Private Limited
Allotment Overview

The allotment for the initial public offer (IPO) of Newgen software Technologies limited IPO is likely to be finalized on, Jan 24, 2017 . Investors can check their allotment status on the issue's registrar Not Available website, IPO Ji app/website, as well as on the BSE and NSE websites.

Subscription Details

The Newgen software Technologies limited IPO was open for subscription between Jan 16, 2017 - Jan 18, 2017 at a price band in the range of Rs 240 - Rs 245 Per Equity Share .

The Newgen software Technologies limited IPO's initial public offering received good responses from investors throughout the three-day bidding. Retail investors' portion was subscribed 5.19 times, while non-institutional investors' quota received 5.52 times subscription. The qualified institutional buyers (QIBs) portion was booked 15.62 times. Overall, the IPO was subscribed 8.25 times.

5.19x
Retail Investors
5.52x
Non-Institutional
15.62x
QIB
How to Check Newgen software Technologies limited IPO Allotment Status Online

You can check your IPO allotment status online on the website of the IPO registrar, IPO Ji App/Website, and BSE and NSE websites. You can check the allotment status of the Newgen software Technologies limited IPO if you have applied for it.

Steps to Check Newgen software Technologies limited IPO Allotment Status on IPO Ji App/Website:
1 Launch the IPO Ji app on your mobile device or visit ipoji.com
2 Navigate to the IPO Allotment Page directly from the home screen of the App or by clicking here (www.ipoji.com/ipo-allotment-status).
3 Create your free account by Providing your PAN and Demat details. (one-time process)
4 Choose Newgen software Technologies limited IPO from the list of available IPOs.
5 Click on the Check Status button.
6 Your allotment status will be displayed on the screen.
How to Check Newgen software Technologies limited IPO Allotment on BSE:
2 Choose Equity under the "Issue Type" dropdown.
3 Choose Newgen software Technologies limited IPO from the "Issue Name" dropdown.
4 Provide your Application Number and PAN ID.
5 Tick the 'I am not a robot' box.
6 Click on the "Search" button to view your status.
How to Check Newgen software Technologies limited IPO Allotment on NSE:
2 Select Newgen software Technologies limited IPO from the dropdown menu.
3 Enter your application number, PAN, and captcha
4 Click on "search" to see your allotment status.
Contact Information

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

FAQs

Ans. The Newgen software Technologies limited IPO allotment status will be available on Jan 24, 2017 , as per the timeline provided in the red-herring prospectus.

Ans. Below are the steps to check Newgen software Technologies limited IPO allotment status online:

  • Visit the Newgen software Technologies limited IPO allotment status page.
  • Click on the purple Newgen software Technologies limited IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Newgen software Technologies limited IPO allotment status.
  • Click Search.

The allotment result looks like as below:

  • PAN No.: ABCTY1234D
  • Application No.: 9876543210
  • Name: Rakesh J
  • Shares Applied: 40
  • Shares Allotted: 40

Ans. The expected listing price of Newgen software Technologies limited IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Newgen software Technologies limited IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Ans. Newgen software Technologies limited IPO allotment status is expected on Jan 24, 2017. Click the button Newgen software Technologies limited IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.