Newgen Software Technologies Limited IPO GMP Today

Price Band

245-245

Open Date

2018-01-14

Close Date

2018-01-16

Listing Date

2018-01-27

Category

Mainboard

Grey Market Premium (GMP)

GMP is the price at which IPO shares trade in the unofficial grey market before listing. A positive GMP means the market expects the shares to list above the issue price.

Estimated Listing Price

Estimated Listing Price = Issue Price + GMP. For Newgen Software Technologies Limited IPO with price band 245-245, add the current GMP to the upper band price to estimate the listing price.

Kostak Rate

Kostak is the price paid for an entire IPO application in the grey market. Unlike GMP, Kostak is paid regardless of allotment outcome.

Caution

GMP is not regulated by SEBI and can be manipulated. It should only be used as a supplementary indicator — not as the primary reason to apply or avoid an IPO.

What is the GMP of Newgen Software Technologies Limited IPO today?

The live Grey Market Premium (GMP) for Newgen Software Technologies Limited IPO can be tracked on CheckIPO's GMP tracker at https://www.checkipo.in/gmp. GMP changes daily based on market sentiment.

What is the expected listing price of Newgen Software Technologies Limited IPO?

The issue price for Newgen Software Technologies Limited IPO is ₹245. The estimated listing price = Issue Price + GMP. Check the live GMP tracker on CheckIPO for the latest estimate.

Is IPO GMP a reliable indicator of listing price?

GMP is an unofficial, unregulated indicator based on grey market trades. While it often reflects market sentiment, actual listing price can differ significantly. Always base investment decisions on fundamentals, not GMP alone.

What is the price band of Newgen Software Technologies Limited IPO?

The price band for Newgen Software Technologies Limited IPO is 245-245. The IPO has closed.