
Protean eGov Technologies Limited
Mainboard₹14,256 / 18 Shares
IPO Details
Protean eGov Technologies Limited IPO is priced between ₹752-792 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the Mainboard, and Link Intime India Private Ltd is managing the issue as the registrar.
The IPO bidding period opened on 6 Nov, 2023, and closed on 8 Nov, 2023. The allotment results will be announced on 10 Nov, 2023, with a tentative listing date set for 13 Nov, 2023.
The total issue comprises Offer for Sale : 6,191,000 shares, amounting to ₹490 Cr Approx.
Protean eGov Technologies Limited IPO Highlights
IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
---|---|---|---|---|---|---|---|
Nov 6, 2023 - Nov 8, 2023 | 13 Nov, 2023 | ₹10 Per Equity Share | ₹752-792 per equity share | 18 Shares | Shares | - | BSE |
Protean eGov Technologies Limited IPO Timeline
Issue Price
₹752-792 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSERegistrar
Link Intime India Private LtdMarket Lot
Retail: 18 Shares (₹14,256/-)S-HNI: 270 Shares (₹2,13,840/-)
B-HNI: 1,278 Shares (₹10,12,176/-)
Lead Manager
ICICI Securities LimitedEquirus Capital Private LimitedIifl Securities LtdNomura Financial Advisory And Securities (India) Pvt LtdIssue Size
Offer for Sale : 6,191,000 shares(aggregating up to ₹490 Cr Approx)Retail Portion
35% (Number of Retail Applications: 1,17,464 Approx),(Number of S-HNI Applications : 1,119 Approx),(Number of B-HNI Applications : 2,237 Approx)Subscription
23.86 timesProtean eGov Technologies Limited IPO Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
31 Mar 23 | 1104.10 | 783.87 | 107.04 | - | - | - |
31 Mar 22 | 988.14 | 770.18 | 143.94 | - | - | - |
31 Mar 21 | 862.38 | 652.03 | 92.19 | - | - | - |
31 Mar 20 | 939.88 | 754.64 | 121.85 | - | - | - |
All values are in ₹ Cr.
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.
Protean eGov Technologies Limited IPO Subscription Details
As on | QIB/NII | Retail | Total |
---|
7.58 times
Protean eGov Technologies Limited IPO - Issue Objectives
- The company will not receive any proceeds from the Offer and all the Offer Proceeds will be received by the Selling Shareholders, in proportion to the Offered Shares sold by the respective Selling Shareholders as part of the Offer.