The IPO of PE-backed Newgen Software was over-subscribed 8 times with all PE-VC investors making a complete exit in the company. The IPO was a 78% offer for sale by existing shareholders. With data from Venture Intelligence PE/VC Database and Company Financials Database we look at Newgen Software's journey and how it's investor fared in the IPO. Venture Intelligence is India's longest serving provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India.