Newgen software Technologies limited IPO
Mainboard
₹ 14945 /61 Shares
16 Jan, 2017
Open Date18 Jan, 2017
Close Date24 Jan, 2017
Allotment Date29 Jan, 2017
Listing DateIPO Issue Details
- Issue Price Rs 240 - Rs 245 Per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price 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
- Listing at NSE, BSE
- Lead Manager ICICI Securities Limited, IDFC Bank Limited and Jefferies India Private Limited
- Registrar Karvy Computershare Private Limited
IPO Details
- Retail Portion N/A
IPO Details
The IPO of is priced at ₹240 - 245 per equity share, which has a face value of Rs 10 Per Equity Share each, IPO bidding starts from Jan 16, 2017 and ends on Jan 18, 2017. The allotment for IPO will be finalized on Jan 24, 2017. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jan 29, 2017. The company shall list its equity shares on the NSE, BSE. Karvy Computershare Private Limited is the registrar of the issue.
The book-running lead manager for the IPO is/are ICICI Securities Limited, IDFC Bank Limited and Jefferies India Private Limited.
The IPO sets its price band at 240 - 245 for each share. A single application for Newgen software Technologies limited IPO must contain at least 61 shares.
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IPO Subscription Analysis And Details
| As on | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 35,06,688 | 26,11,840 | 60,94,293 | 1,22,12,821 |
|
Day 1
16-01-18
|
0.10 x | 0.005 | 0.32 x | 0.19 x |
|
Day 2
17-01-18
|
0.10 x | 0.03 | 1.33 x | 0.70 x |
|
Day 3
18-01-18
|
15.62 x | 5.52 | 5.19 x | 8.25 x |
Valuations
IPO - Issue Objectives
Offer for SaleCompany will not receive any proceeds from the Offer for Sale.
Fresh Issue(a) Purchase and furnishing of office premises near Noida-Greater Noida Expressway, Uttar Pradesh(b) General corporate purposes
IPO - FAQs
Ans. Newgen software Technologies limited IPO is a Mainboard IPO. The issue is priced at Rs 240 - Rs 245 Per Equity Share . The minimum order quantity is 61 Shares. The IPO opens on Jan 16, 2017, and closes on Jan 18, 2017. Karvy Computershare Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE.
Ans. The Newgen software Technologies limited IPO opens on Jan 16, 2017 and closes on Jan 18, 2017.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Newgen software Technologies limited IPO is 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 .
Ans. The Newgen software Technologies limited IPO price band is set between Rs 240 - Rs 245 Per Equity Share .
Ans. To apply for Newgen software Technologies limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Newgen software Technologies limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Newgen software Technologies limited IPO is Jan 24, 2017.
Ans. The Newgen software Technologies limited IPO will be listed on Jan 29, 2017.
Ans. Follow the steps to check the Newgen software Technologies limited IPO allotment status online.
