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The basis of allotment for Newgen Software Technologies IPO is available now.
The Newgen Software Technologies IPO allotment status will be available on Tuesday, January 23, 2018, as per the timeline provided in the red-herring prospectus.
Below are the steps to check Newgen Software Technologies Ltd. IPO allotment status online:
Note: The disabled button shows that the allotment is not yet available online.
The allotment result looks like as below:
The expected Listing price of Newgen Software Technologies IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Newgen Software Technologies IPO grey market premium gives some hint but the actual Listing price is difficult to guess.
Newgen Software Technologies Ltd. IPO IPO allotment status is expected on Tuesday, January 23, 2018. Click the green button Newgen Software Technologies Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.
If Newgen Software Technologies IPO oversubscribed in the retail category, the Newgen Software Technologies IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.
The Newgen Software Technologies Ltd. listing date is January 29, 2018. The equity shares of Newgen Software Technologies Ltd. will list on BSE, NSE.
The reason you didn't get the Newgen Software Technologies IPO could be:
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