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Protean eGov Technologies Ltd.

Protean eGov Technologies Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹792
₹792
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹792
Based on GMP
Min. Investment
₹14,256
1 lot × 18 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
06 Nov 2023
Close Date
08 Nov 2023
Allotment
13 Nov 2023
Listing Date
13 Nov 2023
Exchange
NSE & BSE
Price Band
₹792
Listing Price
See chart
Allotment Status
Price Band
₹792
Per share
Face Value
₹10 per share
 
Lot Size
18 Shares
per lot
Issue Size
61,91,000 shares (aggregating up to ₹489.95 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,256
1 lot
Post-IPO Holding
4,04,46,732 shares
Promoters
P/E (Pre)
29.91x
 
P/E (Post)
24.86x
 
EPS (Pre)
₹26.48
 
UPI Deadline
2023-11-08
Mandate
Anchor AllotmentFri, 03 Nov 2023
Basis of AllotmentMon, 13 Nov 2023
Refund InitiationWed, 15 Nov 2023
Demat CreditThu, 16 Nov 2023
Listing DayMon, 13 Nov 2023
UPI Mandate Deadline2023-11-08
Sale TypeOffer For Sale
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Protean eGov Technologies Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 08 Nov 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,191,000
100% ₹490.33
IPO Shares Offered
Protean eGov Technologies Ltd. IPO total issue size: ₹490.33 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 6,191,000 ₹490.33
100.00%
* Based on upper price band ₹792 per share
Lot Size & Investment
Lot Size
18
Shares per Lot
Issue Price
₹792.00
Upper Band
Min Investment
₹14,256
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)236₹28,512
Retail (Max — 14 Lots)14252₹199,584
S-HNI (Min — 15 Lots)15270₹213,840
B-HNI (Min — 71 Lots)711,278₹1,012,176
* Issue Price ₹792 × Lot Size 18 shares
IPO Schedule
Anchor
03 Nov 2023
✓ Done
IPO Open
06 Nov 2023
✓ Done
IPO Close
08 Nov 2023
✓ Done
Allotment
13 Nov 2023
✓ Done
Refunds
15 Nov 2023
✓ Done
Demat Credit
16 Nov 2023
✓ Done
Listing Day
13 Nov 2023
✓ Done
Protean eGov Technologies Ltd. — Live Price LIVE
₹792.00
INR · BSE
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Issue ₹792.00 Live Price
About Protean eGov Technologies Ltd.
Incorporated in December 1995, Protean eGov Technologies Limited provides IT services. The Company offers citizen services, e-governance solutions, system integration, business process re-engineering, data centre co-location, and IT consulting services for citizens, corporations and the Government.The key projects that Protean eGov Technologies Limited has executed or is involved in are Tax Information Network (TIN), PAN services, Central Recordkeeping Agency (CRA) - National Pension System (NPS), Atal Pension Yojana (APY), Unique Identification (UID/Aadhaar) - Registrar, Goods and Services Tax( GST), Aadhaar Authentication & e-KYC Services, and more.Since December 2022, the company has implemented and managed 19 projects spread across several ministries. The company have a pan-India physical network of over 167,000 centres, which includes over 79,000 PAN and TIN facilitation centres and over 88,000 points of presence, as of June 30, 2023.The company's vital role in developing digital infrastructural solutions has led to the achievement of multiple milestones. Among them is Modernizing direct tax infrastructure by introducing projects like PAN issuance. The company has enabled the universal social security system for all Indians, particularly for unorganised workers, 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 by developing 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.
Objects of the Issue
1
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 Ltd. Financials (Amount in Crore)
Revenue from Operations
₹770.2
31 Mar 2022
₹783.9
31 Mar 2023
₹233.2
30 Jun 2023
Profit After Tax (PAT)
₹143.9
31 Mar 2022
₹107.0
31 Mar 2023
₹32.2
30 Jun 2023
Particulars30 Jun 202331 Mar 202331 Mar 2022
Revenue from Operations 233.17 783.87 770.18
EBITDA N/A N/A N/A
Profit After Tax (PAT) 32.21 107.04 143.94
Net Worth 888.10 856.94 788.00
Total Assets 1133.86 1104.10 988.14
Reserves & Surplus 847.48 816.33 747.43
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
12.49%
RoCE
16.13%
RoNW
12.49%
Issue Structure & Shareholding
Total Shares Offered61,91,000 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter HoldingN/A
Post-Issue Promoter Holding4,04,46,732 shares
P/BV RatioN/A
RoE12.49%
RoCE16.13%
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
ICICI Securities Ltd.
Equirus Capital Pvt.Ltd.
IIFL Capital Services Ltd.
Nomura Financial Advisory & Securities (India) Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Protean eGov Technologies Ltd. IPO subscribed?

Protean eGov Technologies Ltd. IPO is subscribed 1.00 times by Nov 08, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Protean eGov Technologies Ltd. IPO retail subscription status?

The Protean eGov Technologies Ltd. IPO retail category is subscribed 1.00 times as of 08 Nov 2023. The retail portion is oversubscribed.

How to subscribe Protean eGov Technologies Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 06 Nov 2023 and closes 08 Nov 2023. Min investment: ₹14,256 (1 lot = 18 shares). UPI mandate: 2023-11-08.

How many times Protean eGov Technologies Ltd. IPO subscribed?

The Protean eGov Technologies Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Protean eGov Technologies Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 13 Nov 2023. Refunds: on 15 Nov 2023.

When Protean eGov Technologies Ltd. IPO will be listed?

The Protean eGov Technologies Ltd. IPO listing date is 13 Nov 2023, Monday. Listed on: NSE & BSE. Issue price: ₹792. Estimated listing: ₹792. GMP: NIL.

When Protean eGov Technologies Ltd. IPO close?

The Protean eGov Technologies Ltd. IPO closes on 08 Nov 2023, Wednesday. UPI mandate: 2023-11-08. Allotment: 13 Nov 2023. Listing: 13 Nov 2023.