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Newgen Software's Saudi Arabia arm bags Rs 38-cr contract

15-Dec-25 16:03 Hrs IST

The order covers the development of the loan origination system with a perpetual license, along with implementation and one year of post-go-live support services.

The aggregate value of the aforesaid award is SAR 15,982,125 (inclusive taxes) equivalent to approximately Rs 38.64 crore.

The company stated that the customer's name has not been disclosed due to confidentiality reasons.

Newgen Software Technologies is a global software company and is engaged in the business of software product development, including designing and delivering end-to-end software solutions covering the entire spectrum of software services from workflow automation to document management to imaging.

The company reported a 16.2% jump in consolidated net profit to Rs 81.7 crore on an 11% increase in revenue from operations to Rs 400.8 crore in Q2 FY26 over Q2 FY25.

The counter rose 0.62% to end at Rs 862.85 on the BSE.

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Sr No	Start Date	Department	Tender Details	Status
1	27-11-2025	IT & IT Back office	RFP - for Appointment of IAAP Certified Accessibility professionals as Auditors To conduct Accessibility Audit for the Digital Platforms of IFIN	Open
			A. Schedule of Pre-Bid Meeting - RFP No. IFIN/IAAP/2025-26/001
			B. Technical BID Meeting Link
2	30-10-2025		RFP for Vehicle Hiring
			A. General Information
			B. Technical BID Meeting Link
			C. Financial BID Meeting Link
3	02-09-2025	IT	RFP for Procurement of Server	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Technical BID Meeting Link
			E. Financial BID Meeting Link
4	21-08-2025	IT	RFP for Procurement of Server	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Technical BID Meeting Link
			E. Financial Bid Meeting Link
5	14-07-2025		RFP document for the Cloud Voice Logger	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Technical BID Meeting Link
			E. Financial Bid Meeting Link
6	01-04-2025	IA	REQUEST FOR PROPOSAL FOR APPOINTMENT OF CONCURRENT INTERNAL AUDITORS FOR PERIOD APRIL 2025 – MARCH 2026
7	01-04-2025	IA	REQUEST FOR PROPOSAL FOR APPOINTMENT OF INTERNAL AUDITORS FOR PERIOD APRIL 2025 – MARCH 2026 - IFCI
8	24-04-2025	IT	RFP for Services of IT Infrastructure Shifting & Configuration	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
			D. Pre Bid Meeting Link
			E. Technical BID Meeting Link
			F. Financial Bid Opening
9	18-02-2025	IT	RFP for Procurement of HP Hard Disk	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
10	18-02-2025	IT	RFP for Procurement of HP Server	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
11	07-12-2024	Administration	RFP for office premises on lease at Chennai	Closed
			A. News Paper Article
			B. General Information
			C. Technical Bid
			D. Financial Bid
			E. Pre Bid Meeting Link
			F. Technical BID Meeting Link
			G. Financial BID Meeting Link
12	10-06-2024	IA	RFP for appointment of internal auditors for period April 2024 – March 2025	Active upto 21/06/2024 end of the day
			A. Request For Proposal
			B. Extension of RFP
13	10-06-2024	IA	RFP for appointment of internal auditors and Concurrent Audit for period April 2024 – March 2025	Active upto 21/06/2024 end of the day
14	22-11-2023	Compliance	Procurement of AML/PML software Solution - VC Meeting Link for opening of Tender Box on 22/11/2023 at 4.30 pm	Closed
15	16-10-2023	Compliance	RFP for Procurement of AML/PML software solution
	06-11-2023	Compliance	A. Addendum - Extension Period for procurement of AML/PML sofware solution
16	28-10-2024	IT	RFP for Procurement of Firewall	Closed
				A. General Information
			B. Technical Bid
			C. Financial Bid
17	12-07-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
18	07-07-2023	CS	RFP for Secretarial Audit
19	26-06-2023	IT	RFP for AMC of Online UPS system installed at IFINs Branch office	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
20	16-06-2023	IT	E-tender for engagement of annual system audit and cyber security audit agency	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
21	15-06-2023	IT	RFP for AMC of 30KVA Online UPS system	Closed
			A. General Information
			B. Technical Bid
			C. Financial Bid
22	30-05-2023	ADMIN	RFP for Premises on Lease for Ahmedabad Branch	Cancelled
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
			E. Extension of RFP
			F. Closure of RFP
23	24-05-2023	ADMIN	RFP for Premises on Lease for Salem Branch	Closed
			A. Newspaper Aricle
			B. General Information
			C. Technical Bid
			D. Financial Bid
24	24-04-2023	IA	Extension Of RFP iCOM IA for FY 2023-2024	Closed
25	25-04-2023	CS	Extension Of RFP for Seeking Quotations for Secretarial Audit Of IFIN Group for FY 2022-2023	Cancelled
			A. Status_of_RFP_for_secretarila_audit
26	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024	Closed
27	02-05-2023	IA	RFP For Appointment Of Internal Auditor for July 2023 - March 2024 for operations, accounts and control related activities.	Closed
28	24-04-2023	CS	RFP PCS Empannelment for ROC filing 2022-23	Closed
29	24-04-2023	IA	RFP For Appointment Of Internal Auditor iCOM 23-24	Closed
30	14-03-2023	IA	RFP for appointment of internal auditor in the iCOM	Closed
31	25-04-2023	CS	RFP For Secretarial Audit 22-23	Closed