Ascent Capital, IDG to score handsome returns from exit in Newgen Software IPO

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Home-grown private equity firm Ascent Capital and venture capital firm IDG Ventures are set to begin 2018 on a high with their exit from Newgen Software Technologies Ltd in its initial public offering (IPO) that opens next week.New Delhi-based IT firm Newgen has set a price band of Rs 240-245 ......