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Protean eGov Technologies IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 490.33 Cr. The company is based in Mumbai and caters to Corporate Solutions sector. Equirus Capital , ICICI Securities , Iifl Securities , Nomura Financial Advisory And Securities (India) are the merchant bankers of Protean eGov Technologies IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 24th December 2021.
Protean eGov Technologies IPO open date is 6th November 2023 and close date is 8th November 2023. IPO Allotment Date is 13th November 2023 and Listing date is 13th November 2023.
IPO
Size:
₹ 490.33 Cr.
Avg IPO Size (Sector Based)
: ₹
697.45 cr.
Sector: Corporate Solutions
IPO so far:
14
Merchant Banker:
Equirus Capital
IPO by BRLM so far:
27
City:
Mumbai
IPO so far:
184
Revenue (annualised):
₹
932.68
cr. 
PE
Ratio:
46.51x
Average Sector PE Ratio: 20.56x
Protean eGov Technologies IPO size is ₹ 490.33 Cr. with IPO price of ₹ 792.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Equirus Capital Private Limited is the book-running lead manager of the Protean eGov Technologies IPO. Link Intime India Private Limited is the Registrar for Protean eGov Technologies IPO.
Protean eGov Technologies IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Protean eGov Technologies IPO, based in Mumbai, operates in the Corporate Solutions sector with a focus on unique eGovernance business and working with various departments of Government of India. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Protean eGov Technologies IPO size is ₹ 490.33 Cr. with fresh issue size of ₹ 490.33 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Protean eGov Technologies IPO is expected to be 13th November 2023, after the finalization of basis of allotment. Investors can check Protean eGov Technologies IPO allotment status on the registrars website, Link Intime India Private Limited . Protean eGov Technologies IPO refund dates are 15th November 2023.
Protean eGov Technologies IPO is expected to be listed on 13th November 2023.
The upper price band for the Protean eGov Technologies IPO is set at ₹ 792.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Protean eGov Technologies IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Protean eGov Technologies IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 8th November 2023. After submission, funds are blocked until the basis of allotment of Protean eGov Technologies IPO is finalised.
The merchant banker for Protean eGov Technologies IPO is Equirus Capital Private Limited , ICICI Securities Limited , Iifl Securities Limited , Nomura Financial Advisory And Securities (India) Private Limited . Equirus Capital Private Limited , ICICI Securities Limited , Iifl Securities Limited , Nomura Financial Advisory And Securities (India) Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Protean eGov Technologies IPO RHP for further details.
The registrar for Protean eGov Technologies IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Protean eGov Technologies IPO through their official website or helpline.
Protean eGov Technologies IPO was subscribed 23.86 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 490.33 Cr.
Avg IPO Size (Sector Based)
:
₹ 697.45 Cr.
Sector: Corporate Solutions
IPO so far:
14
Merchant Banker:
Equirus Capital
IPO by BRLM so far:
27
City:
Mumbai
IPO so far:
184
Revenue (annualised):
₹ 881.60 cr.
PE
Ratio:
46.51x
Average Sector PE Ratio: 20.56x
Protean eGov Technologies IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Protean eGov Technologies Financial Review Page
Merchant Banker(s) of Protean eGov Technologies IPO: Equirus Capital Private Limited , ICICI Securities Limited , Iifl Securities Limited , Nomura Financial Advisory And Securities (India) Private Limited
Protean eGov Technologies IPO subscription was 23.86 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Protean eGov Technologies IPO listed at a listing price of 883.00 against the offer price of 792.00.
The current market price of Protean eGov Technologies is 949.10.
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