Newgen Software Technologies Limited
16 Jan 2018 – 18 Jan 2018
LISTED
Offer Price
₹240–245
Bid lot
61
Min Application
₹14,945
Issue Size
₹425 Cr
Key dates
Open date
16 Jan 2018
Done
Close date
18 Jan 2018
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
29 Jan 2018
Today
Issue reservation
₹425 CrQIB 50%Retail 35%
QIB
86.7 L sh · ₹212.50 Cr
Retail
60.7 L sh · ₹148.75 Cr
BRLM: ICICI Securities Limited · Jefferies India Private Limited · IDFC Bank Limited
Lot ladder — how much to bid
1 lot = 61 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
61 sh · ₹14,945
Max · 13 lots
793 sh · ₹1,94,285
S-HNI · ₹2 L to ₹10 L14–66 lots
Min · 14 lots
854 sh · ₹2,09,230
Max · 66 lots
4,026 sh · ₹9,86,370
B-HNI · Above ₹10 L67+ lots
Min · 67 lots
4,087 sh · ₹10,01,315
Entry point
₹10,01,315 onward
Issue details
Lead managersICICI Securities Limited, Jefferies India Private Limited, IDFC Bank Limited
Face value₹10
Listing onNSE
RegistrarKarvy Computershare Private Limited
Live subscription
11.32×
0×1×2×3×+
Oversubscribed
Book₹361.25 Cr
Subscribed₹4,090 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 86,73,470₹212.50 Cr | 13,54,79,594₹3,319 Cr | 15.62× |
| HNI | 26,02,041₹63.75 Cr | 1,43,63,265₹351.90 Cr | 5.52× |
| Retail | 60,71,429₹148.75 Cr | 3,14,50,000₹770.52 Cr | 5.18× |
| Total | 1,47,44,899₹361.25 Cr | 16,69,29,594₹4,090 Cr | 11.32× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 3,319.25 |
| HNI | 351.90 |
| Retail | 770.53 |
| Total | 4,089.78 |
Amounts at the upper band (₹245). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Newgen Software Technologies Limited IPO?
One lot of 61 shares — ₹14,945 at the upper price band of ₹245.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2018-01-29 on NSE.