IPO Price History
Closed
Newgen Software Technologies Limited logo

Newgen Software Technologies Limited IPO

Mainboard IPOListedNEWGENNSE
Current Market Price (CMP)
₹454.20(+85.39%)
Current Price (CMP)
₹454.20(+85.39%)

Live Market Quote

Listing Price & Gain
₹127.05(-48.14%)

Day 1 Exchange Open

IPO Issue Price
₹245

Band: ₹240 - ₹245

Total Subscription
8.25x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
16 Jan 2018
IPO Bidding Closes
18 Jan 2018
Allotment & Refunds
Completed
Exchange Listing Day
29 Jan 2018

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 8.25x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)15.62x
Non-Institutional Investors (NII / HNI)5.52x
Retail Individual Investors (RII)5.18x
Total Subscription8.25x
Updated as on 18 Jan 2018 at 2100 hrs

Listing Day & Return Performance

Listing Day Gain-48.14%
₹245 (Issue) → ₹127.05 (List)
Per share profit: ₹-117.95
Holding Return (Till Date)+85.39%
₹245 (Issue) → ₹454.20 (CMP)
Net gain per share: +₹209.20
Post-Listing Performance (Listing Day → Today):+257.50%

About Newgen Software Technologies Limited IPO

Newgen Software Technologies Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 16 Jan 2018 and concluded on 18 Jan 2018, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹240 - ₹245.

During the bidding window, Newgen Software Technologies Limited recorded an overall subscription of 8.25 times. Institutional investors (QIB) subscribed 15.62x, non-institutional high-net-worth investors (NII) subscribed 5.52x, and retail individual investors (RII) bid 5.18x their reserved quota.

The equity shares of Newgen Software Technologies Limited officially debuted on the stock exchanges on 29 Jan 2018 at an opening listing price of ₹127.05, delivering a listing day return of -48.14% (discount) over the final issue price. As per the latest market data, the stock trades at ₹454.20, representing an overall gain of +85.39% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Newgen Software Technologies Limited IPO?
The issue price of Newgen Software Technologies Limited IPO was fixed at ₹245 per equity share. The indicative bidding price band was ₹240 - ₹245.
What were the open, close, and listing dates for Newgen Software Technologies Limited IPO?
Newgen Software Technologies Limited IPO opened on 16 Jan 2018, closed on 18 Jan 2018, listed on 29 Jan 2018.
How much was Newgen Software Technologies Limited IPO subscribed?
The IPO received an overall subscription of 8.25 times. Category-wise, QIBs subscribed 15.62x, NIIs subscribed 5.52x, and Retail investors subscribed 5.18x.
What was the listing price and listing gain of Newgen Software Technologies Limited IPO?
Newgen Software Technologies Limited IPO listed on the stock exchange at ₹127.05, delivering a listing discount of 48.14% compared to the IPO issue price of ₹245.
Is Newgen Software Technologies Limited IPO a Mainboard or SME IPO?
Newgen Software Technologies Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Newgen Software Technologies Limited IPO since its IPO?
At the latest market quote of ₹454.20, Newgen Software Technologies Limited IPO has generated an all-time return of +85.39% since its initial public offering.

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