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.
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.
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:
How to Check Newgen software Technologies limited IPO Allotment on BSE:
How to Check Newgen software Technologies limited IPO Allotment on NSE:
On securing the allotment, you will receive the credit of equivalent shares in your Demat account.