Newgen Software Technologies Limited
Credit of Shares to Demat
Cut off time for UPI Mandate Confirmation
Minimum Order Quantity
Introduction: Newgen software technologies is a software product company based out of Delhi. It provides Business Process Management (BPM), Enterprise Content Management (ECM), Customer Communication Management (CCM) and Case Management solutions. Newgen has over 265 employees globally. It sells products through direct sales and through its 300 global channel partners.
Date of Establishment: Newgen Software Technologies Limited was established in the year 1992, in New Delhi, India.
Product & Service Offering: Newgen has products majorly in the area of Business Process Management (BPM), Enterprise Content Management (ECM). Given below are the key software platforms of Newgen:
1. OmniDocs Enterprise Content Management (ECM) Software which is basically facilitates in digitization of enterprise content and information
2. OmniFlow Intelligent Business Process Suite (BPM) which is used to manage a complete range of business processes
3. OmniOMS Customer Communication Management suite which is used for unified communication platform to improve communication with customers
Customer Segment: Newgen rsquo;s solutions are used in diverse sectors including banking, government/PSUs, BPO/IT, insurance and healthcare. Company’s clients include 17 Global Fortune 500 companies. It has over 450 active customers in over 60 countries.
Company Promoters: The Promoters of the Company are Mr. Diwakar Nigam and Mr. T.S. Varadarajan.
Objects of the Issue: The aim of the proposal is both for the fresh issue by the company and selling of shares by existing shareholders. 13,453,932 Equity Shares are available for sale. Company will not receive any proceeds from the Offer for Sale by the Selling Shareholders. Fresh issue of shares are being done for funding office premises near Noida-Greater Noida Expressway, Uttar Pradesh and general corporate funding requirements
|Particulars||For the year/period ended (in Rs. million)|
|Profit After Tax||523.62||278.20||463.80||410.81||369.55|
Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.
Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.
Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker
This is very easy, you need to do the following to buy and sell IPOs hasslefree with a discount broker. Open a trading & demat account with a discount broker. Open a trading account with a full service broker like banks which are offer IPO buying through ASBA route. While filling up the information for the demat account while opening an account with a bank, you need to give the details of demat account which is with the discount broker. Once your demat account is linked with the trading account of the bank then you simply buy and sell IPO. Investors need to understand that almost all brokers don’t charge any annual fee for trading account therefore having multiple trading accounts linked to a single demat account won’t incur any cost to investors. ,
You need to submit the following documents for opening an account with Samco : Photograph PAN Card Bank Details – Cancelled cheque or Bank Statement/Passbook copy Aadhar Card (or alternative address proof such as Drivers license, Voter ID, etc) Proof of Income (6 months bank statement or ITR Return or 3 months salary slip)