Newgen Software IPO Details

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 Software IPO Details
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
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]
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
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
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
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
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

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

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