Exchanges
BSE, NSE
Industry
Computers - Software & Consulting
Issue
Book building

Newgen Software Technologies IPO

₹252.40

+3.02% on listing

Listing-day close · NSE · 29 Jan 2018 · issue price ₹245

Newgen Software Technologies’ ₹425 crore IPO was priced at ₹245 a share. It listed on the NSE on 29 Jan 2018 and closed its first day at ₹252.40, up 3.02% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹425 Cr
Fresh issue
₹95 Cr
Offer for sale
₹330 Cr
Lot size
61 shares
Minimum investment
₹14,945
Face value
₹10
Registrar
Kfin Technologies

Subscription

Newgen Software Technologies IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—5.99×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,696 Cr
Promoter holding
70.27% → 66.34%

From the offer documents.

Listing

Listing date
29 Jan 2018
Issue price
₹245
Open
₹254.10
High
₹266.70
Low
₹246.25
Close
₹252.40

Listing day on the NSE. The close was +3.02% on the issue price.

NEWGEN share price today

FAQs

When did the Newgen Software Technologies IPO open and close?

It opened on 16 Jan 2018 and closed on 18 Jan 2018.

What was the Newgen Software Technologies IPO price?

The price band was ₹240–245 a share. The final issue price was ₹245.

What is the lot size and minimum investment?

One lot is 61 shares, ₹14,945 at ₹245 a share. Retail investors apply in whole lots.

How much did Newgen Software Technologies raise?

₹425 crore: ₹95 crore of new shares and ₹330 crore offered by existing shareholders.

How many times was the Newgen Software Technologies IPO subscribed?

5.99 times overall.

How did Newgen Software Technologies list?

It listed on the NSE on 29 Jan 2018 at ₹254.10 and closed the day at ₹252.40, up 3.02% on the ₹245 issue price.

Who is the registrar of the Newgen Software Technologies IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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