Newgen Software Technologies Ltd IPO


IPO Subscription Details

  • Open Date 16 Jan
  • Close Date 18 Jan
  • Lot Size 61
  • IPO Size ₹ 424.62 Cr
  • IPO Price Range ₹ 245
  • Min Investment ₹ 14945

IPO Synopsis

Initial public offering of up to 17,331,483 equity shares of face value of Rs. 10 each (the equity shares) of Newgen Software Technologies Limited (the company or the company or the issuer) for cash at a price of Rs. 245 per equity share (including share premium of Rs. 235 per equity share) (the offer price) aggregating up to Rs. 424.62 Crores (the offer) comprising a fresh issue of 3,877,551 equity shares by the company aggregating up to Rs. 95.00 Crores and an offer for sale of up to 13,453,932 equity shares aggregating to Rs. 329.62 Crores by the selling shareholders (as defined hereinafter), (offer for sale). The offer shall constitute 25.03% of the post-offer paid-up equity share capital of the company. The face value of equity shares is Rs.10 each. The anchor invetsor offer price is Rs.245 per equity share. The offer price is Rs.245 per equity share, which is 24.5 times the face value of the equity share.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Newgen Software Technologies Ltd IPO

Contact Information

A-6 Satsung Vikar Marg,
Qutab Institutional Area,
New Delhi, New Delhi 110067

Newgen Software Technologies Ltd IPO Lead Manager

ICICI Securities LtdIDFC Bank LtdJefferies India Pvt Ltd

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