Newgen Software Technologies Ltd - IPO

Newgen Software Technologies Ltd IPO Details

Initial public offering of up to 17,331,483 equity shares of face value of Rs. 10 each (the equity shares) of Newgen Software Technologies Limited (the company or the company or the issuer) for cash at a price of Rs. 245 per equity share (including share premium of Rs. 235 per equity share) (the offer price) aggregating up to Rs. 424.62 Crores (the offer) comprising a fresh issue of 3,877,551 equity shares by the company aggregating up to Rs. 95.00 Crores and an offer for sale of up to 13,453,932 equity shares aggregating to Rs. 329.62 Crores by the selling shareholders (as defined hereinafter), (offer for sale). The offer shall constitute 25.03% of the post-offer paid-up equity share capital of the company.The face value of equity shares is Rs.10 each.The anchor invetsor offer price is Rs.245 per equity share.The offer price is Rs.245 per equity share, which is 24.5 times the face value of the equity share.

Objective of issue

Purchase and furnishing of office premises near Noida-Greater Noida Expressway, Uttar Pradesh. General Corporate Purposes.

Newgen Software Technologies Ltd Contact Details

Newgen Software Technologies Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - investors@newgensoft.com

Website - https:, newgensoft.com