Newgen software Technologies limited IPO Allotment Status (Check Online)

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Newgen software Technologies limited IPO

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The Newgen software Technologies limited IPO allotment status has been announced on Jan 24, 2017. You can now check your allotment status online instantly using PAN, application number, or DP client ID on IPO Ji or the registrar website.

Check IPO allotment status by PAN, Application Number or DP ID.

₹14,945 (61 Shares)
Minimum Investment
IPO Dates
Jan 16, 2017 – Jan 18, 2017
Price band
₹240 - 245 per equity share
Minimum Investment
₹14,945
Issue size
1,73,31,532 (approx.) Equity Shares of Rs 10 with aggregating up to Rs 424.62 Cr (69235750)# Fresh Issue of 38,77,600 (approx.) Equity Shares of Rs 10 aggregating up to Rs 95.00 Cr # Offer for Sale of 1,34,53,932 Equity Shares of Rs 10 aggregating up to Rs 329.62 Cr
Lot size
61
Allotment Date
Jan 24, 2017
Listing
Jan 29, 2017
Listing At
NSE, BSE

  1. Jan 16, 2017

    Open Date

    Completed

  2. Jan 18, 2017

    Close Date

    Completed

  3. Jan 24, 2017

    Allotment Date

    Completed

  4. Jan 29, 2017

    Listing Date

    Completed

Newgen software Technologies limited IPO Details

Issue Price
Rs 240 - Rs 245 Per Equity Share 
Face Value
Rs 10 Per Equity Share 
Lot Size
61
Listing At
NSE, BSE
Registrar
Karvy Computershare Private Limited
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Allotment Overview

The allotment for the initial public offer (IPO) of Newgen software Technologies limited IPO has been finalized on Jan 24, 2017 and is now available to check. 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 .

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.

Check on IPO Ji

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:
1 Go to BSE's IPO allotment page.
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:
1 Go to NSE IPO Allotment.
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.

Check on IPO Ji

Frequently Asked Questions

Click any question to reveal the answer

Newgen software Technologies limited IPO allotment status is finalised and available now as of Jan 24, 2017. You can check your allotment result on IPO Ji App and Website.

You can check the Newgen software Technologies limited IPO allotment status online using PAN, Application Number, or DP Client ID:

  • Open the Newgen software Technologies limited IPO allotment status page on IPO Ji.
  • Click Allotment Status.
  • Enter your PAN, Application Number, or DP Client ID.
  • Click Search to view your result.

Sample allotment result format:

  • PAN No.: ABCTY1234D
  • Application No.: 9876543210
  • Name: Rakesh J
  • Shares Applied: 50
  • Shares Allotted: 50

There is no fixed or guaranteed expected listing price for the Newgen software Technologies limited IPO. The listing price depends on overall market conditions, investor demand, and the company’s fundamentals. The grey market premium (GMP) can indicate market sentiment, but the actual listing price may be higher or lower than GMP expectations.

You can check the Newgen software Technologies limited IPO allotment status on IPO Ji and on the registrar’s official website once the allotment is published.

The allotment is expected on Jan 24, 2017.

If the Newgen software Technologies limited IPO is oversubscribed in the retail category, shares are allotted to Retail Individual Investors (RII) as per the allotment rules. Typically, investors may receive a minimum of 1 lot, subject to availability in the retail portion. If there are not enough shares to allot at least 1 lot to everyone, a lottery is conducted to decide the allotment.

The Newgen software Technologies limited IPO listing date is Jan 29, 2017. The equity shares are expected to list on NSE, BSE.

Common reasons for not getting allotment in the Newgen software Technologies limited IPO include:

  • Oversubscription: If the retail category is oversubscribed, allotment is done through a lottery, so many valid applications may not get shares.
  • UPI mandate / payment issue: The UPI mandate was not approved in time, or funds were not blocked successfully.
  • Application issue: The application may be rejected due to incorrect or mismatched details (PAN, DP ID/Client ID), or duplicate applications from the same PAN.
  • Bid issue (Retail/RII): If you applied in the retail category and did not bid at the cut-off price, and your bid price was below the final issue price, your application may not be considered.

The registrar for the Newgen software Technologies limited IPO is Karvy Computershare Private Limited.

If you don’t receive allotment in the Newgen software Technologies limited IPO, the blocked amount (UPI mandate/ASBA) is usually released after the allotment is finalised. In most cases, it is unblocked within 24 hours, but it may take up to 1–2 working days depending on your bank.

If you are allotted shares, the required amount is debited from your bank account and the remaining balance (if any) is unblocked.