| 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. |