Newgen Software Technologies is a global software Company and is engaged in the business of software product development including designing and delivering endto- end software solutions covering the entire spectrum of software services from workflow autom
| Bidding Dates |
|---|
| 16 Jan 2018 - 18 Jan 2018 |
| Subscription |
|---|
| 8.25x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 0 | - | - | ₹4246.2 M | - |
Newgen Software IPO SUBSCRIPTION STATUS
18 Jan '18Newgen Software IPO overall subscription rate was 8.25 times the total available shares
Newgen Software IPO retail subscription rate was 5.18 times in the retail segment
Newgen Software IPO non-institutional investor subscription rate was 5.52 times in the non-institutional investor category
Newgen Software IPO Qualified Institutional Bidder subscription rate was 15.62 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | - | - | - |
18 Jan 2018 | 5.18x | 5.52x | 15.62x |
Newgen Software IPO SUBSCRIPTION STATUS DETAILS
Newgen Software IPO offer price was ₹245
Newgen Software IPO issue size was ₹ 4246.2 M
Newgen Software NUMBER OF SHARES ON OFFER
Newgen Software IPO IMPORTANT DATES
| Issue Open Date | 16 Jan 2018 |
| Issue close Date | 18 Jan 2018 |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | 29 Jan 2018 |
| Listing on Exchange(s) | NSE and BSE |
| Newgen Software Allotment Status | Exchange |
Newgen Software IPO subscription opened on 16 Jan 2018, and closed on 18 Jan 2018
IPO listing for Newgen Software was on NSE and BSE on Monday, 29 Jan 2018
Newgen Software IPO LISTING GAINS
| Issue Price (adjusted) | 122.5 |
| Listing Open Price | 256.0 |
| Listing Close Price | 253.0 |
| Listing Gain% | 4.5% |
| Current Gain% | 349.8% |
Newgen Software Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Newgen Software Technologies Ltd. | 551 | 25 | -21.4 | 4.9 | 16.9 | 12.3 | 1641.4 | 5.9 | 300.6 | -4.7 | 22 | -1.2 | |
| Tata Consultancy Services Ltd. | 2452.7 | 887408.3 | 17.8 | 16.7 | 3.2 | 45.9 | 27 | 271423 | 4.7 | 49210 | 1.4 | 137.6 | 1.1 |
| Infosys Ltd. | 1175.1 | 476862.2 | 15.7 | 1.4 | 2.6 | 31.7 | 18.9 | 182972 | 9.8 | 29440 | 10.2 | 74.6 | 11.1 |
| HCL Technologies Ltd. | 1356.6 | 368135.8 | 21.1 | 8 | 2.7 | 22.1 | 14.3 | 131674 | 10.2 | 16642 | -4.3 | 64.2 | 2.6 |
| Wipro Ltd. | 187.5 | 185737.1 | 14.1 | -7.8 | 2 | 15 | 9.3 | 96497.7 | 3.8 | 13197.4 | 0.5 | 13.3 | -1.8 |
| Tech Mahindra Ltd. | 1635 | 160243.9 | 31.2 | 2.4 | 2.7 | 16.2 | 9.7 | 56847.3 | 5.6 | 4810.9 | 13.2 | 52.4 | 13.1 |
Newgen Software INFORMATION ON IPO ISSUE
About Newgen Software
Newgen Software Technologies is a global software Company and is engaged in the business of software product development including designing and delivering endto- end software solutions covering the entire spectrum of software services from workflow autom
IPO FAQs
Newgen Software Technologies Ltd. IPO listing opened at Rs 256.00 while the issue price was Rs 245.00 giving 4.49% returns. After adjusting for subsequent bonus and splits, the stock trades at Rs 122.50 giving 349.80% gains since its IPO listing.
The IPO application opens on Jan 16, 2018 and closes on Jan 18, 2018.
Newgen Software Technologies Ltd.’s shares listed on the stock exchanges on Jan 29, 2018.