Newgen Software Technologies Share Price Surges; Bags ₹13.99 Crore Order from Mercedes-Benz Financial Services

Newgen Software Technologies has disclosed a new purchase order valued at ₹13.99 crore (₹13,99,71,944) for its Loan Management System.  

The order was issued by Mercedes-Benz Financial Services India Pvt Ltd, and the company recorded the event on December 3, 2025.  

Order Details 

The documentation states that the requirement covers the supply of Newgen’s Loan Management System for use within the lender’s Indian operations.  

The order falls under domestic procurement, and the company has confirmed that it does not qualify as a related-party arrangement under statutory definitions.  

Contract Size and Structure 

The value of the order has been listed as ₹13,99,71,944. No further breakdown was provided regarding payment stages, implementation fees, or any linked service costs.  

The disclosure shows only the total approved amount associated with the software licence and its usage over the contract period.  

Execution Period 

Newgen has indicated that the order carries a 5-year execution window, beginning from the formal supply of the licence.  

The filing does not outline separate delivery phases, system roll-out timelines, or operational responsibilities beyond this period of reference.  

Newgen Software Technologies Share Price Performance  

As of December 04, 2025, 10:00 am, Newgen Software Technologies share price was trading at ₹890.90, a 1.26% increase from the previous closing price. 

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Conclusion 

The newly reported order adds a defined, multi-year software assignment to Newgen’s contract base, with the filing outlining the value, duration and counterparty but offering no further operational information. 

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