Newgen Software Technologies got listed on the stock markets on Monday with a premium of 3.71% over its issue price. At the NSE, stock opened at Rs 254.10 a share as against issue price of Rs 245 a share.

Currently, shares are trading at Rs 255.95, up 4.47% from its issue price. It recorded a high of Rs 266.70 and a low of Rs 251.10 at the NSE (11:04 am).

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.