Newgen Software Technologies Ltd, a software products company, on Tuesday said it will launch an initial public offering (IPO) on 16 January, seeking to raise over Rs400 crore.
Newgen offers platforms that enable organizations to drive digital transformation of business processes such as automation of routine business functions, making them faster, easier and more accurate and increasing the channels or devices through which these functions can be performed. The company has priced its shares in a price band of Rs240-245 per share. The offering closes on 18 January. The offering comprises a fresh issue of shares worth Rs95 crore and an offer for sale of 13.45 million shares by existing venture capital investors.
Newgen offers platforms that enable organizations to drive digital transformation of business processes such as automation of routine business functions, making them faster, easier and more accurate and increasing the channels or devices through which these functions can be performed. The company has priced its shares in a price band of Rs240-245 per share. The offering closes on 18 January. The offering comprises a fresh issue of shares worth Rs95 crore and an offer for sale of 13.45 million shares by existing venture capital investors.
Newgen Software IPO Details
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Issue Open | 16-01-2018 |
Issue Close | 18-01-2018 |
Allotment Date | 24-01-2018 |
Unblocked Amount | 25-01-2018 |
Listing Date | 29-01-2018 |
Issue Size |
38,77,600 Fresh Issue Equity Share
1,34,53,932 Offer for Sale Issue Equity Share
1,73,31,532 Total Equity Share
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Issue Size | 95 Cr for Fresh Issue 329.62 Cr For Offer for Sale |
IPO Price Band | ₹ 240 - 245 |
Minimum Investment Amount [Rs] | ₹ 14975 |
Minimum Share Bid | 61 |
Face Value | ₹ 10 |
Retail Allocation | 35% |
Listing On | BSE NSE |
Premium [Per Share] | ₹ 15 - 20 |
Average Earning Per Share | NA |
Expected Listing Gain | ₹ 1500 |
Newgen Software IPO Financial details [in Rs, Cr]
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Financial Year | Total Revenue | Total Expenses | Profit After Tax |
FY-2013 | 205.55 | 161.03 | 36.96 |
FY-2014 | 255.17 | 205.45 | 41.08 |
FY-2015 | 316.21 | 257.16 | 46.38 |
FY-2016 | 349.67 | 315.43 | 27.82 |
FY-2017 | 433.77 | 366.20 | 52.36 |
H1-FY-2018 | 209.95 | 202.29 | 5.84 |
Newgen Software IPO Subscription Details
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As on Date | QIB | NII | RII | Total | |
Shared Offred | 35,06,688 | 26,11,840 | 60,94,293 | 1,22,12,821 | |
Day-1 | 3,47,822 [0.10] | 13,847 [0.005] | 19,54,257 [0.32] | 23,15,926 [0.19] | |
Day-2 | 3,47,822 [0.10] | 83,204 [0.03] | 81,22,638 [1.33] | 85,53,664 [0.70] | |
Day-3 | -[15.62] | -[5.52] | -[5.17] | -[8.24] |
Newgen Software IPO Valuation Details
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Earnings Per Share [EPS] | ₹ 7.56 |
P/E Ratio | 32.41 |
RoNW | 19.06 % |
Net Asset Value [NAV] | Rs 43.34 |
Newgen Software IPO Contact Details
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Newgen Software Technologies Limited
A-6, Satsang Vihar Marg Qutab Institutional Area New Delhi 110 067 Phone: +91 11 4077 0100 Fax: +91 11 2685 6936 Email: investors@newgensoft.com Website: www.newgensoft.com |
Registrar of Newgen Software IPO
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Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32, Gachibowli, Nanakramguda, Hyderabad – 500 032, Telangana Phone: +91 40 6716 2222 Fax: +91 40 2343 1551 Email: newgen.ipo@karvy.com Website: www.karvycomputershare.com |
Lead Managers of Newgen Software IPO
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ICICI Securities Limited
ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai 400 020 Phone: (91 22) 2288 2460 Fax: (91 22) 2282 6580 Email: relpower_ipo@isecltd.com Website: http://www.icicisecurities.com IDFC Bank Limited Naman Chambers, C-32, G Block Bandra Kurla Complex, Bandra (East) Mumbai 400 051 Phone: +91 22 6622 2600 Fax: +91 22 6622 2501 Email: mb.ig@idfcbank.com Website: http://www.idfcbank.com Jefferies India Private Limited 42/43, 2 North Avenue, Maker Maxity, Bandra-Kurla Complex, Bandra (East), Mumbai 400051 Phone: (+91 22) 4356 6000 Fax: (+91 22) 6765 5595 Email: syngene.ipo@jefferies.com Website: http://www.jefferies.com |
Newgen Software IPO Grey Market Premium
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Check Grey Market Premium :- Click Here |
Newgen Software IPO Allotment Status
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Check Allotment Status :- Click Here |
Download Newgen Software IPO DRHP & ASBA e-Forms
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Download DRHP :- Click Here to Download Download e-Forms NSE:- Click Here to Download Download e-Forms BSE:- Click Here to Download |
Newgen Software IPO Recommendations
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Live IPO Team Recommendation:- Apply |
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