Protean eGov Technologies Limited

Protean eGov Technologies Limited

Mainboard

₹14,256 / 18 Shares

Offer Date:Nov 6, 2023 - Nov 8, 2023
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Protean eGov Technologies Limited IPO Details

The Protean eGov Technologies Limited IPO price band is set between ₹752-792 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.

The IPO date for subscription opens on 6 Nov, 2023 and closes on 8 Nov, 2023. Investors can check the allotment status on 10 Nov, 2023, while the listing date is tentatively scheduled for 13 Nov, 2023.

The total issue size is Offer for Sale : 6,191,000 shares, aggregating up to ₹490 Cr Approx. Stay tuned for the latest Protean eGov Technologies Limited IPO review and GMP updates.

Protean eGov Technologies Limited IPO Review, Rating & Analysis

Protean eGov Technologies Limited IPO Review

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Protean eGov Technologies Limited IPO Rating

Protean eGov Technologies Limited IPO Highlights

IPO Date

Nov 6, 2023 - Nov 8, 2023

Listing Date

13 Nov, 2023

Face Value

₹10 Per Equity Share

Price Band

₹752-792 per equity share

Lot Size

18 Shares

Fresh Issue

Shares

Offer for Sale

-

Listing At

BSE

Protean eGov Technologies Limited IPO Lot Size

The minimum market lot for Protean eGov Technologies Limited IPO is 18 shares with an application amount of ₹14,256. Retail investors can apply for up to 14 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.

ApplicationLotsSharesAmount
Retail (Min)118₹14,256
Retail (Max)14252₹1,99,584
S-HNI (Min)15270₹2,13,840
S-HNI (Max)701260₹9,97,920
B-HNI (Min)711278₹10,12,176

Protean eGov Technologies Limited IPO Timeline

IPO Open Date
6 Nov, 2023
IPO Close Date
8 Nov, 2023
Basis of Allotment
10 Nov, 2023
Listing Date
13 Nov, 2023

Issue Price

₹752-792 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE

Registrar

Link Intime India Private Ltd

Lead Manager

ICICI Securities LimitedEquirus Capital Private LimitedIifl Securities LtdNomura Financial Advisory And Securities (India) Pvt Ltd

Issue Size

Offer for Sale : 6,191,000 shares(aggregating up to ₹490 Cr Approx)

Protean eGov Technologies Limited IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 231104.10783.87107.04---
31 Mar 22988.14770.18143.94---
31 Mar 21862.38652.0392.19---
31 Mar 20939.88754.64121.85---

All values are in ₹ Cr.

Promoters & Share Holding

Promoter(s) Name

Share Holding Pre IssueShare Holding Post Issue
N/A%N/A%

About Company

Protean eGov Technologies Limited was previously known as NSDL e-Governance Infrastructure Limited. The company is engaged in the business of developing citizen-centric and population-scale e-governance solutions for more than 2 decades.

Company has played a vital role in developing national infrastructure for capital market development in India. The company has developed & implemented some of the most crucial technological infrastructure in India.

Since December 2022, the company has implemented and managed 19 projects spread across several ministries.

The company's vital role in developing digital infrastructural solutions has led to the achievement of multiple milestones. Key amongst them are
Mordernising direct tax infrastructure through the introduction of projects like PAN issuance
The company has enabled the universal social security system for all Indians, in particular for workers in the unorganized sector, by creating technology infrastructure as a CRA for the Atal Pension Yojana.
The company has also been instrumental in improving accessibility to education and skill financing through the development of efficient digital marketplaces. This has led to the discovery of financial resources through platforms such as Vidya Lakshmi and Vidyasaarathi
The company has contributed to and supported open digital building blocks such as Open Network for Digital Commerce (ONDC) for use-cases across sectors like e-commerce, mobility, healthcare, agriculture, and education. It is worth mentioning that Protean eGov Technologies Limited is one of the key and early contributors to the open-source community and protocols that power ONDC.

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Protean eGov Technologies Limited IPO Subscription Details

As onQIB/NIIRetailTotal
Total No. of Applications:8,90,301 (Approx)
Retail Subscription:

7.58 times

Company Contact Details

Protean eGov Technologies Limited

Phone: -

Email: -

Website: -

Registrar Contact Details

-

Phone: -

Email: -

Website: -

Frequently Asked Questions about Protean eGov Technologies Limited IPO

When will Protean eGov Technologies Limited IPO open for subscription?

The Protean eGov Technologies Limited IPO opens on 6 Nov, 2023 and closes on 8 Nov, 2023.

What is the investors portion for Protean eGov Technologies Limited IPO?

The investors' portion for QIB is , NII is N/A, and Retail is .

How to apply for Protean eGov Technologies Limited IPO?

You can apply for Protean eGov Technologies Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.

What is the issue size of Protean eGov Technologies Limited IPO?

The issue size of Protean eGov Technologies Limited IPO is approx ₹Offer for Sale : 6,191,000 shares(aggregating up to ₹490 Cr Approx) crores.

What is the price band of Protean eGov Technologies Limited IPO?

The price band for Protean eGov Technologies Limited IPO is ₹752 to ₹792 per equity share.

What is the lot size of Protean eGov Technologies Limited IPO?

The minimum bid (lot size) for Protean eGov Technologies Limited IPO is N/A shares with an investment of approx ₹14,256 .

What is the allotment date of Protean eGov Technologies Limited IPO?

The allotment date for Protean eGov Technologies Limited IPO is 10 Nov, 2023.

What is the listing date of Protean eGov Technologies Limited IPO?

The listing date for Protean eGov Technologies Limited IPO is expected to be 13 Nov, 2023.

What is the GMP of Protean eGov Technologies Limited IPO?

The latest Grey Market Premium (GMP) for Protean eGov Technologies Limited IPO is being updated regularly on IPOROCK.

PD

Parth D.

Founder & Lead Analyst

Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.