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Open
16 Jan 2018
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Close
18 Jan 2018
3
Allotment
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Listing
Mon, Jan 29, 2018
Price Band
₹240 to ₹245
Issue Size
1,73,31,483 shares (agg. up to ₹425 Cr)
Lot Size
61 Shares
Listing Date
Mon, Jan 29, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.99x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 447.30 | 433.17 | 379.15 | 318.23 |
| Total Income | 185.64 | 389.78 | 315.46 | 286.32 |
| Profit After Tax | 5.65 | 50.16 | 27.65 | 42.80 |
| NET Worth | 267.91 | 272.08 | 227.86 | 211.45 |
| Reserves and Surplus | 204.29 | 208.70 | 164.77 | 148.39 |
| Total Borrowing | 66.29 | 52.26 | 58.83 | 44.58 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Innovana Thinklabs Ltd. | SME | ₹7.70 Cr | ₹70 | 25 | ₹83.60 | +19.43% | ₹333.30 (-1.44%) |
| Silver Touch Technologies Ltd. | SME | ₹40.22 Cr | ₹121 | 18 | ₹122.00 | +0.83% | ₹197.72 (+0.31%) |
| InfoBeans Technologies Ltd. | SME | ₹36.78 Cr | ₹58 | null | ₹69.60 | +20.00% | ₹165.93 (-1.78%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase and furnishing of office premises near NoidaGreater Noida Expressway, Uttar Pradesh | 84.34 |
| 2 | General corporate purposes | 0.24 |
About Newgen Software Technologies IPO
Incorporated in 1992, Newgen Software Technologies is Delhi-based Software Product Company. Newgen offers product and platform that enables organizations to rapidly develop powerful software applications. Company mainly offers products in ECM and BPM space. Company sells its products through direct sales and through its 300 strong channel partners globally.Newgen Software has four patents registered in India and 27 outstanding patent applications in India and one outstanding patent application in the USA. Newgen has over 450 active customers in over 60 countries. These customers are served by over 265 employees. Newgen Software platform comprises of:1. OmniDocs Enterprise Content Management (ECM) Software (to digitization of enterprise content and information)2. OmniFlow Intelligent Business Process Suite (BPM) (to manage a complete range of business processes)3. OmniOMS Customer Communication Management suite (unified communication platform to improve communication with customers)These enterprise-wide solutions are used by in various sectors including banking, government/PSUs, BPO/IT, insurance and healthcare.Company Strengths1. Product based Software Company with strong industry
Contact Details
Newgen Software Technologies Ltd. AddressA-6, Satsang Vihar MargQutab Institutional AreaNew Delhi, New Delhi, 110067+91 114077 0100, 2696 357investors@newgensoft.comVisit Website