Newgen Software Technologies IPO is now closed for the subscription and investors are searching for the IPO Allotment Link of Newgen Software. The allotment status will be online soon. The IPO of Newgen Software Technologies was open for the subscription from January 16, 2018. The price of the IPO was fixed at Rs. 240 – Rs. 245 Per Equity Share. The Newgen Software Technologies Ltd is the IT Software business company. The company was planning to raise Rs. 450 crores from the markets. The IPO was closed on January 18, 2018. Now, if you have sent the application for this IPO and you want to check the allotment status, then you must click on the link given below. The allotment link of this IPO is given below. This page will be updated time to time with the latest news about the Newgen Software Technologies IPO. Please check the given section for more detailed info.
Update 24-01-2018: Allotment is expected today. As per the latest reports, the allotment will be announced on 24th January 2018. Please check this page for the allotment link.
Newgen Software Technologies IPO Allotment Status
- IPO Name: Newgen Software Technologies Limited
- IPO Price Band: Rs. 240 – Rs. 245 Per Equity Share
- Date: 16 Jan 2018 to 18 Jan 2018
- Registrar to the issue: Karvy Computershare Private Limited
- Newgen Software IPO Allotment Date: 23 / 24 Jan 2018
- Website: www.karvycomputershare.com
The IPO was subscribed times, the retail subscription was —- times, while the QIB and NII section subscribed —- and —- times. The total subscription figures are mentioned below.
|Category||SHARES OFFERED||16 January 2018||17 January 2018||18 January 2018|
The full details regarding the Newgen Software Technologies IPO are given at the below-mentioned link. Click on the link to get all details.
The more important thing is the Grey Market premium of Newgen Software Technologies IPO. If you have applied for this IPO and you want to check the daily GMP Price and Kostak rates, then check the given link.
We try to provide you all possible information about the latest IPOs. Investors must read the IPO DRHP before applying to an IPO.
The company was set up in 1992, It is an IT software company which offers business process management software across sectors like banks, government organizations, pharmaceutical and shared services.
Allotment Of Newgen Technologies IPO at Karvy
As per the official prospectus, the company has handed all responsibilities regarding this IPO to Karvy Computershare Private Limited. Karvy is going to allot the shares to the investors. The Basis of allotment for the Newgen Software Technologies IPO will also be done by Karvy. The website of Karvy can be seen for the allotment of Newgen Software.
Newgen Software Technologies IPO Allotment Date
The allotment date of Newgen Software Technologies IPO is 23 / 24 Jan 2018. This date is the tentative date. The registrar may announce the allotment of the shares on this date. The shares will be credited to the demat account on the next day. Investors are advised to check the Karvy website on these dates. If you are one of the investors who has applied for the Newgen Software Technologies IPO and cannot find the allotment link, then you must check the direct link of the allotment given here.