📅Offer Date: 16 Jan 2018 – 18 Jan 2018
Data sourced from BSE & NSE · Last updated
Newgen Software Technologies Limited IPO was subscribed 8.25x in total when bidding closed on 18 Jan 2018, with 15.62x in the QIB category, 5.52x in NII, 5.19x in retail. The issue ran from 16 Jan 2018 to 18 Jan 2018 at a price band of ₹240.00–₹245.00 per share.
Times subscribed by category against the 1× line.
Based on retail subscription (5.19x). Final allotment decided by registrar's computerised lottery.
| Category | Offer | Applied | Times |
|---|---|---|---|
| QIBs | 35,06,688 | 5,47,74,467 | 15.62x |
| NIIs | 26,11,840 | 1,44,17,357 | 5.52x |
| Retail | 60,94,293 | 3,16,29,381 | 5.19x |
| Total | 1,22,12,821 | 10,07,55,773 | 8.25x |
| Category | Offered | Demand | Times |
|---|---|---|---|
| QIBs | 85.91 | 1341.97 | 15.62x |
| NIIs | 63.99 | 353.23 | 5.52x |
| Retail | 149.31 | 774.92 | 5.19x |
| Total | 299.21 | 2470.12 | 8.25x |
Values derived from share count × issue price (₹245.00)
Because Newgen Software Technologies Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.
NSE, BSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.