Newgen Software ipo is going to hit the market on 16 January. The company looks good but there is less response in the grey market. Amber Enterprises might give a good competition in the subscription numbers for Newgen Software. We can expect a mix response from all the categories but we can assume if the QIB and NII will come up with surprises it might lit up in the gmp as well. Check Newgen Software ipo gmp by day to day.
Newgen Software IPO Subscription: (Fully Subscribed)
| Day | QIB | NII | RII | EMP | Total |
| Day 1 | 0.10 | 0.0 | 0.32 | N/A | 0.19 |
| Day 2 | 0.10 | 0.03 | 1.33 | N/A | 0.70 |
| Day 3 | 15.62 | 5.52 | 5.18 | N/A | 8.25 |
Newgen Software IPO Dates & Price Band: (Approx)
- IPO Open: 16-January-2018
- IPO Close: 18-January-2018
- IPO Size: Approx Rs. 425 Crore (Approx)
- Face Value: Rs. 10 Per Equity Share
- Price Band: Rs. 240 to 245 Per Share
- Listing on: BSE & NSE
- Retail Portion: 35%
- Equity: 13,453,932 Shares
Newgen Software IPO Market Lot:
- Shares: Apply for 61 Shares (Minimum Lot Size)
- Amount: Rs.14,945
Newgen Software IPO Allotment & Listing:
- Basis of Allotment: 23-January-2018
- Refunds: 24-January-2018
- Credit to demat accounts: 25-January-2018
- Listing: 29-January-2018
