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PE-backed Newgen Software IPO fully subscribed midway on final day

Retrieved on: 2018-01-17 16:14:52

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PE-backed Newgen Software IPO fully subscribed midway on final day. View article details on hiswai:

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<div>The investors include Ascent Capital, <b>IDG Ventures</b> and SAP Ventures. The total IPO size is about Rs 425 crore ($66.66 million) and will result in 25.03% stake dilution on a post-issue basis. The company had filed its draft prospectus with SEBI on 27 September 2017. It received the regulator's nod on 17 ...</div>

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