Newgen Software Technologies Limited IPO GMP

Newgen Software Technologies Limited

Newgen Software Technologies Limited is a privately held IT company headquartered in New Delhi, India.It has investors namely SAP Ventures (now Sapphire Ventures), Ascent Capital & IDG Ventures. Earlier, its investors were SAP Ventures & HSBC Private Equity (now Headland Capital). It primarily focuses on Business Process Management, Enterprise Content Management. It also has services for Customer communications management, Document Management Systems and Workflow and Process Automation.According to industry analyst firm Forrester Research, Newgen is a strong performer in ECM space.Newgen has been featured in Ovum Decision Matrix, 2011.Its BPM/ECM suite includes OmniScan, OmniDocs, OmniFlow and iBPS.

In 2014, its revenue was 52 million USD.In April 2015, Newgen partnered with Data Communications Ltd. to expand its services in Mauritius, and to serve as a bridge to Africa as part of its expansion strategy.In 2015, Business Today ranked Newgen as the best small/medium enterprise overall and for services.

In May 2016, Newgen released its NEMF app, an enterprise-grade mobile capture app that was developed in partnership with Microsoft India.It offers geolocation, image capture, editing tools, and task management capabilities on mobile devices.

The company motto is "One World, One Workplace".Currently motto has been changed to "Reinvent Your Workplace".As of June 2017, it employed 2200 people worldwide and has offices in India, Singapore, the United Arab Emirates, Canada, United Kingdom and the United States.


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admin Jan 18 2018 2:32:23 PM
QIB Just crossed 10X. Applied if you are risk taker.

admin Jan 16 2018 1:20:11 PM
@Kinga Landing, GMP is steadily decrease. Wait for last day subscription. if QIB and HNI is good number then go for this.

admin Jan 16 2018 1:19:07 PM
Thanks VJ for update.

VJ Jan 16 2018 12:37:26 PM
gmp down to 30

Kings Landing Jan 16 2018 12:13:21 PM
Should we subscribe or not

admin Jan 11 2018 8:51:13 PM
GMP is 60 rs.