Newgen Software Technologies IPO Subscription Details

Bookbuilding IPO | ₹425 Cr | Listed at BSE, NSE | Tue, Jan 16, 2018 - Thu, Jan 18, 2018

Basis of Allotment - Newgen Software Technologies IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)34,66,29651,99,44486,65,74025,99,72360,66,0201,73,31,483
Allotment price (Rs.)245245245245245245
No.of applications1812302934,44,7174,45,040
No.of shares applied5,47,66,34951,99,4445,99,65,7931,39,80,4682,98,87,98710,38,34,248
Amount collected (Rs.cr.)1,341.78 127.39 1,469.16 342.52 732.26 2,543.94
No.of times subscribed15.801.006.925.384.935.99
No.of shares allotted34,66,29651,99,44486,65,74025,99,72360,66,0201,73,31,483
Amount (Rs.cr.)84.92 127.39 212.31 63.69 148.62 424.62
No.of allottees18123029399,44299,765

IPO Shares Offered

Newgen Software Technologies IPO is a public issue of 1.73 Cr equity shares. The issue offers 0.61 Cr shares to retail investors, 0.87 Cr shares to qualified institutional buyers, and 0.26 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 86,65,740212.31 50.00%
    Anchor 51,99,444 127.39 30.00%
    QIB (Ex Anchor) 34,66,296 84.92 20.00%
NII 25,99,72363.69 15.00%
Retail60,66,020148.62 35.00%
Total1,73,31,483424.62 100%

Newgen Software Technologies IPO Anchor Investor Allocation

A total of 51,99,444 shares at a price of Rs 245 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJan 15, 2018
Anchor investor price₹245.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days25,99,722
No. of shares locked-in for 90 days25,99,722
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 GOLDMAN SACHS INDIA LTD. GOLDMAN SACHS 10,20,469 25.00 19.63 5.89
2 HDFC EQUITY SAVINGS FUND HDFC MUTUAL FUND 10,20,469 25.00 19.63 5.89
3 FOREFRONT ALTERNATIVE INVESTMENT TRUST-FOREFRONT ALTERNATIVE EQUITY SCHEME FOREFRONT 8,16,363 20.00 15.70 4.71
4 ADITYA BIRLA SUN LIFE SMALL CAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 6,12,257 15.00 11.78 3.53
5 SBI TECHNOLOGY OPPORTUNITIES FUND SBI MUTUAL FUND 1,07,055 2.62 2.06 0.62
6 SBI EQUITY OPPORTUNITIES FUND-SERIES I SBI MUTUAL FUND 39,162 0.96 0.75 0.23
7 SBI EQUITY SAVINGS FUND SBI MUTUAL FUND 2,33,447 5.72 4.49 1.35
8 SBI RESURGENT INDIA OPPORTUNITIES FUND SBI 1,10,227 2.70 2.12 0.64
9 MALABAR INDIA FUND LTD. MALABAR 4,15,898 10.19 8.00 2.40
10 ALCHEMY LEADERS OF TOMORROW ALCHEMY 4,15,898 10.19 8.00 2.40
11 BNP PARIBAS ARBITRAGE BNP PARIBAS 2,04,082 5.00 3.93 1.18
12 SOCIETE GENERALE SOCIETE GENERAL 2,04,117 5.00 3.93 1.18
51,99,444127.3910030.00

IPO Subscription FAQs

The Newgen Software Technologies IPO is subscribed 8.25 times by Jan 18, 2018 17:00.

Newgen Software Technologies IPO Subscription

Investor Category Subscription (times)
Qualified Institutional15.62
Non Institutional5.52
Retail Individual5.18
Total Subscription8.25

Retail category of Newgen Software Technologies IPO subscribed 5.18 times as of date Jan 18, 2018 17:00. The public issue closes on Thu, Jan 18, 2018 for bidding.

An investor can apply in Newgen Software Technologies IPO online via bank (using ASBA) or the broker (using UPI). The Newgen Software Technologies IPO shares are offered online only.

The Newgen Software Technologies IPO is subscribed 8.25 times by Jan 18, 2018 17:00.

The Newgen Software Technologies IPO allotment status is expected on or around Tuesday, January 23, 2018. Visit Newgen Software Technologies IPO allotment status to check.

The Newgen Software Technologies IPO listing date is January 29, 2018. The equity share of Newgen Software Technologies IPO will list on BSE, NSE.

Visit Newgen Software Technologies IPO subscription status page for real-time bidding information about Newgen Software Technologies IPO.

Newgen Software Technologies IPO Timetable

IPO opens OnTuesday, January 16, 2018
IPO Closes OnThursday, January 18, 2018
Finalisation of Basis of AllotmentTuesday, January 23, 2018
Initiation of RefundsWednesday, January 24, 2018
Credit of Shares to Demat AccountThursday, January 25, 2018
IPO Listing DateMonday, January 29, 2018
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