Newgen Software Technologies Limited has secured a Purchase Order for a Loan Management System valued at ₹13,99,71,944. The order, received on December 3, 2025, is from Mercedes-Benz Financial Services India Private Limited. The project involves deploying a Loan Management System over a period of 5 years from the supply date.
Loan Management System Order Secured
Newgen Software Technologies Limited has accepted a Purchase Order from Mercedes-Benz Financial Services India Private Limited for a Loan Management System, signaling a strategic win for the company in the financial services sector. The announcement was officially made on December 3, 2025.
Order Details
The total value of the order is ₹13,99,71,944 (Rupees Thirteen Crores Ninety-Nine Lakhs Seventy One Thousand Nine Hundred Forty Four Only). According to the agreement, the Loan Management System will be deployed and supported for a period of 5 years, starting from the date the license is supplied. This agreement will boost Newgen’s revenue visibility in the coming years.
Source: BSE