Newgen Software Technologies Ltd. share price target

Multiple transitions to drive growth

Newgen Software Technologies is a software products company that offers a platform enabling organizations to rapidly develop powerful applications addressing their strategic business needs.

Its platform comprises of :-

• Enterprise Content Management (ECM)
• Business Process Management (BPM)
• Customer Communication Management (CCM)

The company is increasing its geographical footprint by adding more verticals beyond the core five verticals (banking, government, insurance, healthcare and business process outsourcing), which the company has and also by going deeper into existing verticals by offering new products to the clients.
But if we look into the company’s profitability it is declining, margins are low & Valuation is also not so attractive. Considering these factors, issue seems to be risky therefore we are NUETRAL for this IPO.

Established in 1992, the company deals in business process management software for banks, business process outsourcing firms, government organisations and sell products across 60 countries. The Company mainly offers products in ECM and BPM space. It sells its products through direct sales and through its 300 strong channel partners globally. The company has four patents registered in India and 28 outstanding patent applications in...

Newgen Software Technologies Limited IPO Issue Open: Jan 16 - Jan 18, 2018, Price Band: Rs. 240 - 245, Issue Size: *17,331,483 Equity Shares (Including Fresh issue of *3,877,551 eq sh+ Offer for sale of 13,453,483 eq sh)

Incorporated in 1992, Newgen Software Technologies (Newgen) is a software products company offering a platform that enables organisations to rapidly develop powerful applications. Newgen is a provider of business process management (BPM), enterprise content management (ECM), customer communication management (CCM) and case management solutions with large, mission-critical solutions deployed across many verticals. Their solutions span across the world's leading banks, insurance firms, healthcare organisations, governments, BPOs &...

Newgen Software Technologies Ltd. (NSTL), headquarter in Noida, is a software product company providing a platform that Recommendation enables organisations to rapidly develop powerful applications and...

Incorporated in 1992, Newgen Software Technologies Limited (NSTL) is a New Delhi based IT company and a global provider of Business Process Management (BPM), Enterprise Content Management (ECM), Customer Communication Management (CCM), Document Management System (DMS), Workflow and Process Automation. NSTL has 450+ active customers, with ..

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