Newgen Software IPO Subscription Details (Live Status)

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 Subscription Status Live

Newgen Software IPO subscribed 8.25 times. The public issue subscribed 5.18 times in the retail category, 15.62 times in QIB, and 5.52 times in the NII category by Jan 18, 2018.

Investor CategorySubscription (times)
Qualified Institutions15.62
Non-Institutional Buyers5.52
Retail Investors5.18

Newgen Software IPO Subscription Details (times)

Day 1
Jan 16, 2018
Day 2
Jan 17, 2018
Day 3
Jan 18, 2018

Newgen Software IPO Shares Offered

Newgen Software IPO is a public issue of 12,212,821 equity shares. The issue offers 6,094,293 shares to retail investors, 3,506,688 shares to qualified institutional buyers, and 2,611,840 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

Newgen Software IPO Subscription FAQs

The Newgen Software IPO is subscribed 8.25 by Jan 18, 2018.

Newgen Software IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional15.62
Non Institutional5.52
Retail Individual5.18
Employee Reservations[.]
Total Subscription8.25

Retail category of Newgen Software IPO subscribed 5.18 times as of date Jan 18, 2018. The public issue closes on Jan 18, 2018 for bidding.

An investor can apply in Newgen Software IPO online via bank (using ASBA) or the broker (using UPI). The Newgen Software IPO shares are offered online only.

The Newgen Software IPO is subscribed 8.25 by Jan 18, 2018.

The Newgen Software IPO allotment status is expected on or around Jan 23, 2018. Visit Newgen Software IPO allotment status to check.

The Newgen Software IPO listing date is Monday, January 29, 2018. The equity share of Newgen Software Technologies Limited will list on BSE, NSE.

Visit Newgen Software IPO subscription status page for real-time bidding information about Newgen Software IPO.

Newgen Software IPO Timetable

IPO Opens OnJan 16, 2018
IPO Closes OnJan 18, 2018
Finalisation of Basis of AllotmentJan 23, 2018
Initiation of RefundsJan 24, 2018
Credit of Shares to Demat AccountJan 25, 2018
IPO Listing DateJan 29, 2018