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IPO Newgen IT Technologies Ltd

  • Pre Issue Shares

    1,46,00,000

  • No. of Shares Issued

    54,00,000

  • Pre Issue Equity Amt.

    ₹14.6 Cr

  • DP Filling Date

    23 December 2024

Newgen IT Technologies Ltd IPO Timeline

Newgen IT Technologies Limited was incorporated as VCARE InfoTech Solutions & Services Private Limited' as a Private Limited Company, dated February 16, 2016, issued by Registrar of Companies, Delhi. The Company name was changed to NewGen IT Technologies Private Limited', and a fresh Certificate of Incorporation dated May 01, 2024, was issued. Company thereafter got converted into a Public Limited, and the name was changed to NewGen IT Technologies Limited', dated July 10, 2024, issued by RoC, Central Processing Centre.

Newgen IT Technologies Ltd IPO Details

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Company PromotersJagdish Chander Bhatt, Pushpa Bhatt, Shivani Bhatt

Company Financials

Newgen IT Technologies Ltd Financial Information (Restated)

Period Ended Total AssetsTotal RevenueProfit After Tax
03-202462.693.948.32
03-202326.5557.015.11
03-20227.5124.421.42
Amount in ₹ Crore

Objects of the Issue

The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Funding working capital requirements of the company
  • General corporate purposes

Newgen IT Technologies Ltd IPO Prospectus

Newgen IT Technologies Ltd IPO Listing Date

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Face Value10

Company Contact Information

Newgen IT Technologies Ltd
Plot No.5 3rd Flr Khasra #.344Gadaipur South Delhi,Delhi-110030
Phone: 011-4562 2417
Email: cs@newgenit.com
Website: www.newgenit.com

Newgen IT Technologies Ltd IPO Registrar

Phone:+91 22 4918 6000
Email: newgenit.smeipo@linkintime.co.in
Website: www.linkintime.co.in

Newgen IT Technologies Ltd IPO Lead Manager(s)

  1. Unistone Capital Pvt Ltd