Protean eGov Technologies Limited IPO
Protean eGov Technologies Limited IPO is listed on BSE, priced at ₹752–₹792 per share. The stock debuted at ₹792 with a flat listing performance. The IPO had a lot size of ₹18 shares and a minimum investment of ₹14,256.
Protean eGov Technologies Limited IPO
- IPO Dates
- Nov 6, 2023 – Nov 8, 2023
- Price band
- ₹752-792 per equity share
- Minimum Investment
- ₹14,256
- Issue size
- Offer for Sale : 6,191,000 shares(aggregating up to ₹490 Cr Approx)
- Lot size
- 18
- Allotment Date
- Nov 10, 2023
- Listing
- Nov 13, 2023
- Listing At
- BSE
IPO timeline
-
Nov 6, 2023
Open Date
Completed
-
Nov 8, 2023
Close Date
Completed
-
Nov 10, 2023
Allotment Date
Completed
-
Nov 13, 2023
Listing Date
Completed
Price Summary
- Last closing
- 533.25 (-32.67%)
- 52 week high
- 1,435.40
- 52 week low
- 445.00
- Last update
Protean eGov Technologies Limited IPO Essentials
Protean eGov Technologies Limited IPO Details
Protean eGov Technologies Limited IPO is priced at ₹752-792 per share with a total issue size of Offer for Sale : 6,191,000 shares(aggregating up to ₹490 Cr Approx). The IPO has a lot size of 18 shares and is listed on BSE and NSE.
- Issue price
- ₹752-792 per equity share
- Lot size
- 18 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- Offer for Sale : 6,191,000 shares(aggregating up to ₹490 Cr Approx)
- Listing at
- BSE
- List price
- 792.0(BSE)
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
ICICI Securities Limited, Equirus Capital Private Limited, Iifl Securities Ltd, Nomura Financial Advisory And Securities (India) Pvt Ltd
Protean eGov Technologies Limited IPO Analytics
Protean eGov Technologies Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Protean eGov Technologies Limited IPO Subscription Status
Protean eGov Technologies Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Employee | Total |
|---|---|---|---|---|---|
| Shares Offered / Reserved | 1,208,200 |
906,150
604,100
302,050
|
2,114,350 | 150,000 | 4,378,700 |
|
Day 1
06-11-23 05:00 PM
|
0.01 x |
1.65x
1.28x
2.39x
|
1.49 x | 0.31 x | 1.08 x |
|
Day 2
07-11-23 05:00 PM
|
0.07 x |
6.24x
5.17x
8.37x
|
3.90 x | 0.76 x | 3.22 x |
|
Day 3
08-11-23 05:00 PM
|
46.94 x |
31.62x
33.14x
28.58x
|
8.93 x | 1.49 x | 23.86 x |
|
Total No. of Applications
|
category wise applications | ||
|---|---|---|---|
| 8,90,301 (Approx) | 7.58 | ||
Protean eGov Technologies Limited Valuations
Earnings
- EPS (Post IPO)
- ₹26.48/-
- P/E Ratio
- 29.91
Returns
- RoNW
- 12.49%
Protean eGov Technologies Limited Financials( In Crs.)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 1,104.10 | 988.14 | 862.38 | 939.88 |
| Revenue | 783.87 | 770.18 | 652.03 | 754.64 |
| Profit After Tax | 107.04 | 143.94 | 92.19 | 121.85 |
Protean eGov Technologies Limited Company & Offer Insights
About Protean eGov Technologies Limited
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 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.
Protean eGov Technologies Limited IPO - Anchor Investors
Protean eGov Technologies IPO | Investors pick Rs 143.5 crore shares in anchor book.
Prominent names like SBI Life Insurance, Baroda BNP Paribas Mutual Fund, Aditya Birla Sun Life Insurance Company, LIC Mutual Fund, and Societe Generale invested in the company via anchor book.
Among others, Astorne Capital VCC - Arven, GAM Multistock-Emerging Markets Equity, LC Radiance Fund VCC, ACM Global Fund VCC, and BCAD Fund also bought shares in Protean.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Protean eGov Technologies Limited IPO is a book-built IPO worth ₹Offer for Sale : 6,191,000 shares(aggregating up to ₹490 Cr Approx). The price band is ₹752–₹792 per share. The IPO opens on Nov 6, 2023 and closes on Nov 8, 2023. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.
The price band of Protean eGov Technologies Limited IPO is ₹752 to ₹792 per share.
The lot size of Protean eGov Technologies Limited IPO is 18 shares.
The minimum investment for Protean eGov Technologies Limited IPO is approximately ₹14,256 based on the upper price band .
Protean eGov Technologies Limited IPO opens on Nov 6, 2023 and closes on Nov 8, 2023.
The allotment date of Protean eGov Technologies Limited IPO is Nov 10, 2023.
Protean eGov Technologies Limited IPO is expected to be listed on Nov 13, 2023, on BSE and NSE .
Protean eGov Technologies Limited IPO listed on Nov 13, 2023. It was issued at ₹792.0(BSE) and is currently around ₹533.25 as on 14-May-2026 3:30 PM, which is approximately -32.7% versus issue price. The 52-week high is ₹1,435.40.
Based on listing and post-listing performance, Protean eGov Technologies Limited IPO delivered around -32.7% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Protean eGov Technologies Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Protean eGov Technologies Limited IPO valuation snapshot: P/E 29.91, EPS ₹26.48/-, P/B N/A, RoNW 12.49%, and market cap N/A.
To apply for Protean eGov Technologies Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Protean eGov Technologies Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Protean eGov Technologies Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Protean eGov Technologies Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Protean eGov Technologies Limited IPO allotment status on IPO Ji for quick and easy access.