Newgen Software IPO Allotment Status Online

Newgen Software IPO Details

IPO Open Jan 16, 2018
IPO Close Jan 18, 2018
IPO Price ₹245
Face Value ₹10
IPO Size ₹424.62 Cr
Listing At BSE, NSE
Lot Size 61
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Newgen Software IPO Schedule

  • Bid/Offer Opens On: Jan 16, 2018
  • Bid/Offer Closes On: Jan 18, 2018
  • Finalization of Basis of Allotment: Jan 23, 2018
  • Initiation of refunds: Jan 24, 2018
  • Credit of Equity Shares: Jan 25, 2018
  • Listing Date: Jan 29, 2018

Check Newgen Software IPO allotment status online by clicking the button below. If you have difficulties finding the Newgen Software Technologies Limited IPO allotment status, please visit the website of the IPO registrar.

Note: Registrar of the Newgen Software IPO is responsible for IPO allotment. Please contact the registrar with any quires related to stock allocation or refund related problems. To understand the allocation of shares for Newgen Software Technologies Limited IPO, check the 'basis of allotment' document.

Newgen Software IPO Allotment FAQs

The Newgen Software IPO allotment status will be available on Jan 23, 2018, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Newgen Software IPO allotment status online:

  • Visit the Newgen Software IPO allotment status page.
  • Click on the green Newgen Software IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Newgen Software IPO allotment status.
  • Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

  • PAN No.: AHMLK1898J
  • Application No.: RL041213805307
  • Name: Mr. Rajveer Singh
  • Shares Applied: 40
  • Shares Allotted: 40

The expected listing price of Newgen Software IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Newgen Software IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Newgen Software IPO allotment status is expected on Jan 23, 2018. Click the green button Newgen Software IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Newgen Software IPO oversubscribed in the retail category, the Newgen Software IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Newgen Software IPO shares will get listed on Monday, January 29, 2018. The equity share of Newgen Software Technologies Limited will list on BSE, NSE.

The reason you didn't get the Newgen Software IPO could be:

  • IPO become oversubscribed and allotment process is completed through a lottery
  • The IPO application got rejected due to mismatch/incomplete information
  • The issue price is higher than the bid price. (Always apply on cut-off price).

The Newgen Software IPO will open for bidding on Jan 16, 2018. The IPO application closes on Jan 18, 2018.