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IPO Snapshot

Newgen Software Technologies Ltd.
Issue Open Date 16-Jan-18  
Issue Closing Date 18-Jan-18  
Application Money 100  
Allotment Money  
Price Band () 240 - 245  
Minimum Bid Quantity. 61  
Issue Size (Shares) 12212821  
Market Lot 1  
Objective

Fresh IssueThe objects for which the Net Proceeds (as defined below) of the Fresh Issue will be utilized are as set forth below.1. Purchase and furnishing of office premises near Noida-Greater Noida Expressway, Uttar Pradesh and2. General corporate purposes.

Business Description

OverviewWe are a software products company offering a platform that enables organisations to rapidly develop powerfulapplications addressing their strategic business needs. The applications created on our platform enableorganisations to drive digital transformation and competitive differentiation. This may include automation ofroutine business functions making them faster, easier and more accur...

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Promoter's Holding
Total Share Capital   45928938  
Offered to Public   17331483  
Promoter's Holding (Pre-Issue)   70.27  
Promoter's Holding (Post-Issue)   66.34  
Address
Address :E-44/13
Okhla Phase I I
City :New Delhi, State :Delhi Pincode :110020 Phone : Email : info@newgensoft.com Website : www.newgensoft.com
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
105-108
Arunachal Building
19
Barakhamba Road
New Delhi
Listed at
BSE, NSE
Lead Manager
ICICI Securities Ltd
IDFC Bank Ltd.
Jefferies India Pvt Ltd.
Promoters
Diwakar Nigam
T S Varadarajan

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