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January 16, 2018 - January 18, 2018

Newgen Software IPO Subscription Details

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 January 18, 2018 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions15.623,506,6885,47,67,2031,341.80
Non-Institutional Buyers5.522,611,8401,44,12,958353.12
Retail Investors5.186,094,2933,15,97,634774.14
Total 8.2512,212,82110,07,77,7952,469.06

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

Newgen Software IPO (Day-wise) Subscription Details (times)

Day 1
January 16, 2018
Day 2
January 17, 2018
Day 3
January 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 above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. shall not be liable in any way for any discrepancies, errors, omissions, losses or damage., including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Newgen Software IPO Subscription FAQs

The Newgen Software IPO is subscribed 8.25 by January 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 January 18, 2018. The public issue closes on January 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 January 18, 2018.

The Newgen Software IPO allotment status is expected on or around January 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 OnJanuary 16, 2018
IPO Closes OnJanuary 18, 2018
Finalisation of Basis of AllotmentJanuary 23, 2018
Initiation of RefundsJanuary 24, 2018
Credit of Shares to Demat AccountJanuary 25, 2018
IPO Listing DateJanuary 29, 2018