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Open
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Close
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Allotment
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Listing
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Issue Size
54,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 44.96 | 62.60 | 26.55 | 7.51 |
| Total Income | 7.41 | 93.94 | 57.01 | 24.42 |
| Profit After Tax | 1.28 | 8.32 | 5.11 | 1.42 |
| NET Worth | 17.63 | 16.35 | 8.03 | 2.91 |
| Reserves and Surplus | 5.63 | 4.35 | 7.93 | 2.81 |
| Total Borrowing | 2.15 | 9.78 | 3.91 | 0.50 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Prodocs Solutions Ltd. | SME | ₹27.60 Cr | ₹138 | 14.72 | ₹151.20 | +9.57% | ₹166.05 (+0.64%) |
| Exato Technologies Ltd. | SME | ₹37.45 Cr | ₹140 | 11.19 | ₹279.30 | +99.50% | ₹568.25 (+1.81%) |
| Infinity Infoway Ltd. | SME | ₹24.42 Cr | ₹155 | 13.81 | ₹309.20 | +99.48% | ₹390.00 (+10.73%) |
| Praruh Technologies Ltd. | SME | ₹23.50 Cr | ₹63 | 9.47 | ₹64.25 | +1.98% | ₹63.50 (+0.51%) |
| Matrix Geo Solutions Ltd. | SME | ₹40.20 Cr | ₹104 | 19.02 | ₹99.15 | -4.66% | ₹66.85 (+10.68%) |
| TechD Cybersecurity Ltd. | SME | ₹38.99 Cr | ₹193 | 32.51 | ₹385.00 | +99.48% | ₹598.45 (-3.19%) |
| Optivalue Tek Consulting Ltd. | SME | ₹51.82 Cr | ₹84 | 11.93 | ₹102.60 | +22.14% | ₹99.15 (+8.96%) |
| Globtier Infotech Ltd. | SME | ₹31.05 Cr | ₹72 | 14.82 | ₹54.72 | -24.00% | ₹16.26 (-4.41%) |
| Icodex Publishing Solutions Ltd. | SME | ₹42.03 Cr | ₹102 | 13.94 | ₹77.55 | -23.97% | ₹37.98 (-3.85%) |
| Takyon Networks Ltd. | SME | ₹20.48 Cr | ₹54 | 8.17 | ₹55.72 | +3.19% | ₹19.48 (-0.10%) |
| Amagi Media Labs Ltd. | Mainboard | ₹1,788.62 Cr | ₹361 | -101.78 | ₹348.25 | -3.53% | ₹609.05 (-7.23%) |
| Excelsoft Technologies Ltd. | Mainboard | ₹500.00 Cr | ₹120 | 34.62 | ₹125.97 | +4.97% | ₹74.38 (-0.12%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Compan | 24.05 |
| 2 | General Corporate Purposes |
About Newgen IT Technologies IPO
Incorporated in February 2016, Newgen IT Technologies Limited, formerly VCARE InfoTech Solutions and Services Pvt. Ltd., is a Singapore-based IT and automation solutions provider recognized globally for its comprehensive suite of services. The company specializes in offering solutions including artificial intelligence (AI), machine learning (ML), blockchain, Internet of Things (IoT), robotic process automation (RPA), and big data analytics. NewGen IT has delivered high-end solutions to clients in 25 countries across various industries, such as banking, insurance, IT, hospitality, retail, education, and legal sectors. The company caters to government and non-government organizations, serving sectors such as telecom, tourism, hospitality, aviation, judiciary, insurance, banking, lab and diagnostic, business process outsourcing, education, energy, healthcare, space, oil and gas, pharmaceuticals, infrastructure, media, entertainment, retail, manufacturing, and security. The company has expanded its presence to countries including India, Hong Kong, Australia, the UAE, the USA, Canada, and the UK. The company offers the following services:- IT Infrastructure Management: Addressing the co
Contact Details
Newgen IT Technologies Ltd. AddressPlot No. 5,3rd Floor, Khasra No. 344,Gadaipur, South-WestWest Delhi, New Delhi, 110030011-4562-2417cs@newgenit.comVisit Website