MainBoard IPO Details, Grey Market Subscription And More

                 Rating: 38

Newgen Software Technologies Limited

Issue Open:            Jan 16, 2018 – Jan 18, 2018
Issue Type:             Book Built Issue
Issue Size:              1,34,53,932 Equity Shares + 95 Cr

Anchor:                  Jan 15, 2018

QIB:                       50%

NII:                        15%

RII:                        35%

Issue Size (Cr.):    417.89 – 424.62

Market Lot:          61 (14,945)
Face Value:           Rs 10 Per Equity Share
Issue Price:           Rs.240 - 245 Per Equity Share
Listing At:            NSE , BSE

Registrar:             karisma.karvy.com

Retail Applications For One Time:    99,443

Grey Market:       1. Kostak Price      200

                               2. Sub. 2 Kostak    800

                               3. Premium            12 -22

Timetabel:            Allotment               Jan 23, 2018
                               Unblocking            Jan 24, 2018

                               Listing                    Jan 29, 2018

Last Day Subscription Detail NSE + BSE

QIB:    15.80

NII:       5.54

RII:       5.21

Total:    8.31

Applications Approx :  4,70,520

No. of Applic-wise     :  4.73%