FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Protean eGov Technologies IPO Details 2023

IPO Status: Listed [6th Nov 2023 to 8th Nov 2023]

Rated 3/5 by Team InvestorGain
Protean eGov Technologies IPO Detail

Protean eGov Technologies Limited is offering its mainboard IPO at BSE Exchange. The subscription of this IPO is opening from 06 Nov to 08 Nov 2023 and face value is Rs 10 per shere. Its price band is ranging from Rs 752 to 792 per shere and minimum lot size of this IPO is 18 sheres or its multiples.

Keep visiting this website to get the latest details of Protean eGov Technologies Limited IPO, including company overview, financials, live subscription, allotment, GMP and more.

Protean eGov Technologies IPO Details

IPO Issue Opening Date: 6th Nov 2023
IPO Issue Closing Date: 8th Nov 2023
IPO Issue Price: ₹752.00-792.00 Per Share
DRHP: Download DRHP
RHP: Download RHP
Anchor List: Download Anchor List
IPO Listing At: BSE
Retail Quota: Not less than 35% of the Net Issue
IPO Issue Type: Book Build Issue
IPO Issue Size: ₹490.33 Cr
Offer for Sale: ₹490.33 Cr
Face Value: ₹10 Per Equity Share
IPO Discount: Emplopee:75.00
Promoter Holding Pre IPO:
Promoter Holding Post IPO:
Allotment Status: Allotment Status
BSE Code: 544021

Protean eGov Technologies IPO Important Dates

Get important updates regarding Protean eGov Technologies IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Protean eGov Technologies IPO dates
IPO Activity Date
Basis of Allotment Date* 13th Nov 2023
Refunds Initiation* 15th Nov 2023
Credit of Shares to Demat* 16th Nov 2023
IPO Listing Date* 13th Nov 2023

* - Tentative Dates

Protean eGov Technologies IPO Lots

IPO Activity Date
Issue Price ₹752.00-792.00
Market Lot: 18 Shares
1 Lot Amount: ₹14256
Min Small HNI Lots(2-10 Lakh): 270 shares (15 lots)
Min Big HNI Lots(10+ Lakh): 1278 shares (71 lots)

Protean eGov Technologies IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
13-11-2023792.0048700/10500₹840 (6.06%)13-Nov-2023 9:26
IPO Live GMP

**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - Protean eGov Technologies

Founded in 1995, Protean eGov Technologies Limited is one of the largest IT -enabled solutions companies in India that designs, develops and executes critical and population-relevant greenfield technology solutions across the country. The company works with the government and has extensive experience in creating digital public infrastructure and developing innovative, citizen-centric e-governance solutions. Originally established in 1995 as a depository, the company created a systemically important national infrastructure for the development of India's capital market. It has been the principal architect and implementer of some of the most important and extensive technology infrastructure projects in India. 

Since its inception, the company has implemented and managed 18 projects across seven ministries and autonomous bodies that transform public service delivery. The company has worked mainly for the following ministries :-

  1. Ministry of Finance
  2. Ministry of Education
  3. Ministry of Information and Broadcasting
  4. Ministry of Electronics and Information Technology
  5. Ministry of Skills Development and Entrepreneurship
  6. Ministry of Communications

Protean eGov Technologies IPO Strengths

  • Pioneer and market leader in universal, citizen centric and population scale e-governance solutions
  • Secure, scalable and advanced technology infrastructure
  • Large physical infrastructure with pan-India network and scale resulting in inclusion
  • Diversified, granular and annuity based service offerings
  • Track record of healthy financial performance
  • Experienced senior management team backed by strong corporate governance standards and supported by marquee investors
Incorporation Sector IPO Issue Size Website
1995 IT Industry ₹490.33 Cr https://www.proteantech.in/

Protean eGov Technologies IPO Objective

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.

Our experts can help you prepare for SME IPO

Protean eGov Technologies IPO Live Subscription (NSE + BSE)

The table below is live update of IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 1,208,200 Shares
  • Non-Institutional Investors: 906,150 Shares
  • Retail Individual Investor: 2,114,350 Shares
  • Employees Quota: 150,000 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIIEMPTotal
 # of Shares Offered1,208,200 (27.59%)906,150 (20.69%)2,114,350 (48.29%)150,0004,378,700
16th Nov 2023 19:040.01x1.65x1.51x0.31x1.08x
27th Nov 2023 19:040.07x6.24x3.91x0.77x3.22x
38th Nov 2023 19:0446.94x31.62x8.93x1.49x23.86x

Protean eGov Technologies Limited Financial Information (Restated Consolidated)

Protean eGov Technologies Limited's revenue increased by 1.78% and profit after tax (PAT) dropped by -25.63% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,133.861,104.10988.14862.39
Revenue233.17783.87770.18652.03
Profit After Tax32.21107.04143.9492.19
Net Worth888.10856.94788.00667.46
Reserves and Surplus847.48816.33747.43627.14
Total Borrowing
Amount in ₹ Crore

Protean eGov Technologies IPO Peer Comparison

The table below show peer comparison from DRHP/RHP.

CompanyEPS BasicEPS DilutedNAVP/E(x)RoNWFinancial statements
Protean eGov Technologies Limited

Company Address

Protean eGov Technologies Limited
Times Tower, 1st Floor, Kamala Mills Compound,
enapati Bapat Marg, Lower Parel, Mumbai ,Maharashtra-400 013
India
Website: https://www.proteantech.in/
Phone: +91 22 4090 4242
Email: [email protected]

Protean eGov Technologies IPO Registrar

Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Phone: +91-22-4918 6270
Email: [email protected]
Protean eGov Technologies IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Protean eGov Technologies? Should I apply in Protean eGov Technologies IPO?

Last Updated on 17-Nov-2023 06:02:44

FAQs

Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Protean eGov Technologies IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Protean eGov Technologies IPO with Zerodha.

Alternate approch to apply in Protean eGov Technologies IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

Protean eGov Technologies IPO Review and Important Updates

Other relevant questions :

How to subscribe Protean eGov Technologies IPO Zerodha? How to purchase Protean eGov Technologies IPO on Zerodha? Protean eGov Technologies IPO how to buy Zerodha? Protean eGov Technologies IPO Zerodha apply. Protean eGov Technologies IPO purchase Zerodha. Protean eGov Technologies IPO with Zerodha. Protean eGov Technologies IPO at Zerodha. Protean eGov Technologies IPO kite Zerodha. Protean eGov Technologies IPO using Zerodha. Protean eGov Technologies IPO via Zerodha.

 

Apply in Protean eGov Technologies IPO online

To subscribe or apply in Protean eGov Technologies IPO, you can use the following methods:

MethodDetails
Protean eGov Technologies IPO Applying Mode
Online Application3-in-1 Trading Account

If your broker is 3-in-1 service provider, you can apply in Protean eGov Technologies IPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

Online Application2-in-1 Trading Account

Brokers like Zerodha, TradeSmart Online provides access to applying in Protean eGov Technologies IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

Online ApplicationASBA

This is one of the most popular mode of applying in Protean eGov Technologies IPO. Most of the Syndicate Banks provide access to apply in Protean eGov Technologies IPO via ASBA process. You must have your net banking access, DP ID information to apply in Protean eGov Technologies IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

Offline ApplicationPhysical Form

You can apply in Protean eGov Technologies IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

Protean eGov Technologies IPO Review and Important Updates

Other relevant question on same topics are:

Where to subscribe Protean eGov Technologies IPO? Where to apply for Protean eGov Technologies IPO? How to subscribe Protean eGov Technologies IPO online? Protean eGov Technologies IPO where to apply? Where to buy Protean eGov Technologies IPO online? How to buy Protean eGov Technologies IPO online? How to purchase Protean eGov Technologies IPO? How to get Protean eGov Technologies IPO? How to book Protean eGov Technologies IPO? How to invest Protean eGov Technologies IPO? Protean eGov Technologies IPO kaise buy kare?

 

Applying in Protean eGov Technologies IPO is very easy and quick process via ASBA. You can use your net banking user id and password to apply in IPO. In case you want to submit physical application, you can download Protean eGov Technologies IPO application online and submit to the nearest bank or to your broker. With new mandate from SEBI, all physical application need to use UPI mode of payment. In such case you have to setup UPI and provide your UPI information in physical application. Once your bank receives your application they will use UPI ID to block your money. You will get UPI mandate and need to approve the same to submit your application.

For more details on how to use UPI payment method to apply Protean eGov Technologies IPO, please refer article >> Link

Protean eGov Technologies IPO Review and Important Updates

Steps to download the online application form for Protean eGov Technologies IPO

  • Step1:Click here.
  • Step2: Click on “Bid-cum Application Form Download
  • Step3: Above Step will open an online form.
  • Step4: Enter your Name, PAN, DP Type, DP Information, UPI No, Bank information (Do not enter), Address, email, phone, Transaction Type - "ASBA".
  • Step5: Fill bid details - min 18 and max 252 shares (14 lots).
  • Step6: Now fill the character given in Box, read and agree on terms and conditions and click on the download button.
  • Step7: This will fill your application online and give you a pdf file.
  • Step8: Take a print of this document and go to your bank for UPI transactions.
  • Or

  • You can download “Blank Application Form Download” and fill all the required filed and submit to the nearest bank for UPI transaction.

Other relevant questions:

How to fill Protean eGov Technologies IPO form? How to fill Protean eGov Technologies IPO form online? Protean eGov Technologies IPO online form? Protean eGov Technologies IPO online form fill up? Protean eGov Technologies IPO blank form download? Protean eGov Technologies IPO bid form? Protean eGov Technologies IPO full form? Protean eGov Technologies IPO form nse? Protean eGov Technologies IPO form bse? Protean eGov Technologies IPO form online? Protean eGov Technologies IPO form print? Protean eGov Technologies IPO application amount?

 

Protean eGov Technologies IPO is going to be list on 13-11-2023. BSE Code for Protean eGov Technologies is 544021.

Other relevant questions:

When Protean eGov Technologies IPO will be listing? Protean eGov Technologies IPO BSE listing date?Protean eGov Technologies IPO date of listing

 

Protean eGov Technologies IPO Allotment Date is 13-11-2023.

Other relevant questions:

Protean eGov Technologies IPO share allotment date?Protean eGov Technologies IPO allotment date?

 


User Reviews

4. rakesh yadav Oct 13 2023 12:02:55 AM Reply
Protean eGov Technologies IPO expected listing gain.
3. ARRAB ALI MAZ Oct 13 2023 12:02:55 AM Reply
Please confirm Protean eGov Technologies IPO GMP (grey market premium) and kostak.
2. CHAND MOHAN TARAFDAR Oct 13 2023 12:02:55 AM Reply
Protean eGov Technologies IPO good or bad.
1. Sk Nadim  Oct 13 2023 12:02:55 AM Reply
Protean eGov Technologies IPO whether to invest or not.