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January 16, 2018 - January 18, 2018

Newgen Software IPO FAQ

Newgen Software IPO Date & Price

The Newgen Software IPO opens on January 16, 2018 and closes on January 18, 2018.

Newgen Software IPO timetable / schedule is as below:
  • Bid/Offer Opens On: January 16, 2018
  • Bid/Offer Closes On: January 18, 2018
  • Finalization of Basis of Allotment: January 23, 2018
  • Initiation of refunds: January 24, 2018
  • Credit of Equity Shares: January 25, 2018
  • Listing Date: January 29, 2018

Newgen Software IPO price is set at ₹245 per equity share.

Newgen Software IPO will close for subscription at 5 PM on January 18, 2018. But most brokers stop accepting application between 1 PM to 3 PM.

The Newgen Software IPO starts on January 16, 2018. The issue ends on January 18, 2018.

Newgen Software IPO Issue Size and Subscription Status

The Newgen Software IPO size is Equity Shares of ₹10 aggregating up to ₹424.62 Cr.

Newgen Software Technologies Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Newgen Software IPO shares through the banks (using ASBA) or through the broker (using UPI).

Newgen Software IPO Offer Size

Qualified Institutional Buyers (QIB)3,506,688 Shares
Non-Institutional Investors (NII)2,611,840 Shares
Retail Individual Investor (RII)6,094,293 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size12,212,821 Shares

Newgen Software IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)15.62 times times
Non-Institutional Investors (NII)5.52 times times
Retail Individual Investor (RII)5.18 times times
Employee Reservations times
Other Reservations times
Total Issue Size8.25 times times

Click here to check the Newgen Software IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Newgen Software IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Newgen Software IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Newgen Software IPO Allotment and Listing

The Newgen Software IPO allot status will be available online on January 23, 2018. Check the Newgen Software IPO Allotment Status here.

Click here to check Newgen Software IPO Allotment Status.

Newgen Software IPO listing Date is January 29, 2018. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Newgen Software IPO listing date and time is published by the exchange in a circular.

Click here to view the Newgen Software IPO Basis of Allotment.

It is hard to say at what price Newgen Software IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Newgen Software IPO shares will list on January 29, 2018 at BSE, NSE.

Newgen Software IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Newgen Software IPO which could help you with questions like Newgen Software IPO buy or not? You should also read Newgen Software IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Newgen Software IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Newgen Software IPO performance. The performance reports are available 1 day after listing.