Newgen Software Share Price in Focus; Secures Orders from India and Saudi Arabia

Newgen Software Technologies has secured 2 significant banking contracts across international and domestic markets, reinforcing its presence in digital lending and loan origination platforms.  

The combined order value stands at over ₹55 crore and spans projects in Saudi Arabia and India. 

Saudi Arabia Banking Project 

Newgen’s wholly owned Saudi subsidiary has been awarded a contract by a leading public sector bank in the Kingdom of Saudi Arabia to design and implement a loan origination system.  

The project includes a perpetual software licence, implementation services and 1 year of post-go-live support. The engagement will be executed over a 2-year period and is valued at SAR 15.98 million (SAR 15,982,125), or around ₹38.64 crore. 

Indian Digital Lending Engagement 

Separately, Newgen has secured a domestic order from a leading Indian bank for a digital lending platform. The scope of work covers supply, installation, customisation and long-term maintenance of the platform.  

The contract is spread over 5 years and carries a value of ₹16.53 crore, further strengthening Newgen’s footprint in India’s banking technology space. 

Read More: SEBI Rolls Out PARRVA, a New Tech Driven Risk Return Verification Tool! 

Newgen Software Technologies Share Price Performance  

As of December 16, 2025, at 10:25 AM, Newgen Software Technologies Ltd share price is trading at ₹857.80 per share, reflecting a decline of 0.52% from the previous closing price. Over the past month, the stock has declined by 7.12%. 

Conclusion 

Together, the 2 contracts underline Newgen Software’s growing relevance in enterprise banking solutions across geographies. With strong demand for digital lending and loan origination systems, these wins position the company for sustained execution and deeper engagement with banks in both domestic and overseas markets. 

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