Newgen Software IPO Latest News Today

Newgen Software Technologies Limited IPO to open on Jan 16, 2018 and close for subscription on Jan 18, 2018. The price band for the issue has been fixed at Rs 245 at lower level and Rs 248 at upper level. The equity shares of the company to be list at BSE and NSE.

The IPO Shares of Newgen Software Technologies Limited IPO are proposed to list on Monday, January 29, 2018 at BSE, NSE. The public issue of Newgen Software IPO was opened on Jan 16, 2018 and closed for subscription on Jan 18, 2018. Newgen Software IPO Listing Date and Information:

• Listing Date: Monday, January 29, 2018
• BSE Script Code: 540900
• NSE Symbol: NEWGEN
• Listing In:
• ISIN: INE619B01017
• Issue Price: 245
• Face Value: 10

Allotment status of Newgen Software Technologies IPO shares is available online.

Newgen Software Technologies Limited is entering in the capital market with an IPO comprises Fresh Issue of Equity Shares aggregating upto Rs 95.00 Cr (face value of Rs 10) and Offer for Sale of 13,453,932 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 240 at lower level and Rs 245 at upper level.

Incorporated in 1992, Newgen Software Technologies is Delhi-based Software Product Company. Newgen offers product and platform that enables organizations to rapidly develop powerful software applications. Company mainly offers products in ECM and BPM space. Company sells its products through direct sales and through its 300 strong channel partners globally.

The issue opens on Jan 16, 2018 and closes for subscription on Jan 18, 2018. The equity shares of the issue are proposed to be list on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).