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Newgen Software Technologies Ltd IPO (NSTL IPO) Details

Newgen Software Technologies Ltd IPO (NSTL IPO) Details:

Newgen Software Technologies Ltd provides software products and solutions worldwide.

It offers business process management system, a platform for business stakeholders to drive enterprise-wide digital transformation; case management that enables organizations to design and manage semi-structured to completely dynamic processes; enterprise content management software, which allows end-to-end management of enterprise content, from capture to disposition; customer communication management suite for organizations to streamline their digital communication strategy; document management system; and workflow and process automation software.

It serves banks, insurance firms, BPO’s, healthcare organizations, government, telecom companies, and shared service centers.

The company was founded in 1992 and is based in New Delhi, India.

OBJECTS OF THE ISSUE:

The Offer comprises a Fresh Issue by Company and an Offer for Sale by the Selling Shareholders.

Offer for Sale

The Offer includes an Offer for Sale of 13,453,932 Equity Shares by the Selling Shareholders. Company will not receive any proceeds from the Offer for Sale by the Selling Shareholders.

Fresh Issue

The objects for which the Net Proceeds (as defined below) of the Fresh Issue will be utilized are as set forth below.

  1. Purchase and furnishing of office premises near Noida-Greater Noida Expressway, Uttar Pradesh;
  2. General corporate purposes.

Newgen Software Technologies Ltd IPO (NSTL IPO) Details:

  1. Issue Open: Jan 16, 2018 – Jan 18, 2018
  2. Issue Type: Book Built Issue IPO
  3. Face Value: Rs 10 Per Equity Share
  4. Issue Size: * Equity Shares of Rs 10 aggregating up to Rs * Cr
  5. Issue Price: Rs 240 – Rs 245 Per Equity Share
  6. Market Lot: 61 Equity Shares
  7. Minimum Order Quantity: 61 Equity Shares
  8. Listing At: BSE, NSE

* To Be Updated

BOOK RUNNING LEAD MANAGERS Of Newgen Software Technologies Ltd IPO (NSTL IPO):

ICICI Securities Limited
ICICI Center, H.T. Parekh Marg
Churchgate, Mumbai 400 020
Maharashtra, India
Tel: +91 22 2288 2460 Fax: +91 22 2282 6580
E-mail: newgen.ipo@icicisecurities.com
Investor Grievance E-mail: customercare@icicisecurities.com

Jefferies India Private Limited
42/43, 2 North Avenue, Maker Maxity
Bandra Kurla Complex, Bandra (East), Mumbai – 400 051
Maharashtra, India
Tel: +91 22 4356 6000 Fax: +91 22 6765 5595
E-mail: NEWGEN.IPO@jefferies.com
Investor Grievance E-mail: jipl.grievance@jefferies.com

IDFC Bank Limited
Naman Chambers, C 32, G Block, Bandra Kurla Complex
Bandra (East), Mumbai 400 051
Maharashtra, India
Tel : +91 22 7132 5500 Fax : +91 22 6622 2501
Email: newgen.ipo@idfcbank.com
Investor Grievance E-mail: mb.ig@idfcbank.com

REGISTRAR TO THE OFFER of Newgen Software Technologies Ltd IPO (NSTL IPO:

Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31 and 32, Gachibowli
Financial District, Nanakramguda
Hyderabad 500 032, Telangana, India
Tel: +91 40 6716 2222  Fax: +91 40 2343 1551
Email: einward.ris@karvy.com
Investor Grievance e-mail: newgen.ipo@karvy.com

Newgen Software Technologies Ltd IPO (NSTL IPO) Draft Red Herring Prospectus (DRHP):

Newgen Software Technologies Ltd (NSTL) IPO Prospectus

Red Herring Prospectus (RHP) Of Newgen Software Technologies Ltd IPO (NSTL IPO):

Newgen Software Technologies Ltd (NSTL) IPO Prospectus

Newgen Software Technologies Ltd IPO (NSTL IPO) Subscription Figures:

Newgen Software Technologies Ltd (NSTL) IPO Subscription Details
CategoryTotal Quota
(No. of Shares offered)
Subscription (No. of times Subscribed)
Day 1Day 2Day 3
Qualified Institutional Buyers (QIBs) 35066880.10 0.1015.62
Non Institutional Investors (NIIs)2611840 0.010.035.52
Retail60942930.321.335.17
Employees
Total12212821 0.19 0.708.24

Newgen Software Technologies Ltd IPO (NSTL IPO) Allotment and Listing Dates Schedule:

  • 16/Jan/18 – Bid/Offer Opening Date
  • 18/Jan/18 – Bid/Offer Closing Date
  • 23/Jan/18 – Finalisation of Basis of Allotment
  • 24/Jan/18 – Unblocking of Funds from ASBA Account
  • 25/Jan/18 – Credit of Equity Shares to Demat Account
  • 29/Jan/18 – Commencement of Trading on NSE/BSE

* To Be Updated

Newgen Software Technologies Ltd IPO (NSTL IPO) Grey Market Premium (GMP):

Current Grey Market Premium (GMP) Of Newgen Software Technologies Ltd (NSTL) IPO is trading between Rs 15 – Rs 20 per equity share.

How To Check Newgen Software Technologies Ltd IPO (NSTL IPO) Application Status:

To clear that doubt and to check Newgen Software Technologies Ltd (NSTL) IPO application status just use the below links and you can check it as follow:

Check Newgen Software Technologies Ltd (NSTL) IPO Application Status at BSE:  BSE Website

Check Newgen Software Technologies Ltd (NSTL) IPO Application Status at NSE NSE Website

To Check Newgen Software Technologies Ltd IPO (NSTL IPO) Application Status:

  1. Click on Links provided above
  2. Select Newgen Software Technologies Ltd IPO (NSTL IPO) from the drop Down Menu.
  3. Provide your PAN Number.
  4. Provide your Application Number.
How To Check Newgen Software Technologies Ltd IPO (NSTL IPO) Allotment Status:

To Check Newgen Software Technologies Ltd (NSTL) IPO Allotment Status : Click Here

  1. Select Newgen Software Technologies Ltd IPO (NSTL IPO) from the first drop Down Menu
  2. Select PAN Card from the second drop Down Menu
  3. Provide your PAN Number.

Market Update:

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