Newgen Software IPO Allotment Status Online

The Newgen Software IPO allotment status will be available on January 23, 2018, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Newgen Software IPO allotment status online:

• Visit the Newgen Software IPO allotment status page.
• Click on the green Newgen Software IPO Allotment Status.
• Enter either PAN number, Application Number or DP Client ID of the demat account to check the Newgen Software IPO allotment status.
• Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

• PAN No.: AHMLK1898J
• Application No.: RL041213805307
• Name: Mr. Rajveer Singh
• Shares Applied: 40
• Shares Allotted: 40

The expected listing price of Newgen Software IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Newgen Software IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Newgen Software IPO allotment status is expected on January 23, 2018. Click the green button Newgen Software IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Newgen Software IPO oversubscribed in the retail category, the Newgen Software IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Newgen Software IPO shares will get listed on Monday, January 29, 2018. The equity share of Newgen Software Technologies Limited will list on BSE, NSE.

The reason you didn't get the Newgen Software IPO could be:

• IPO become oversubscribed and allotment process is completed through a lottery
• The IPO application got rejected due to mismatch/incomplete information
• The issue price is higher than the bid price. (Always apply on cut-off price).