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Protean eGov Technologies IPO is a Book Building 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 posted revenues of ₹ 932.68 crores and PAT of ₹ 128.84 crores in FY24 on annualised basis.
Revenue:
₹ 881.60 Cr.
EBITDA Margin:
15.46
% 
Net Worth: ₹ 888.09 Cr.
Market Capitalisation:
₹ 3203.38 Cr.
P/E:
46.51 times
P/BV: 2.32 times
EV/EBITDA: 23.36 times
Financial results of Protean eGov Technologies IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Jun-23 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 1133.86 | 1104.10 | 988.13 | 862.38 | |
| Net Worth | 888.09 | 856.94 | 788.00 | 667.45 | |
| Total Debt | [●] | [●] | [●] | [●] | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
220.40
881.60 |
742.20 | 690.90 | 603.13 | |
EBITDA
EBITDA on annualised basis |
34.08
136.32 |
117.96 | 123.00 | 84.84 | |
PAT
PAT on annualised basis |
32.21
128.84 |
107.04 | 143.93 | 92.18 | |
Protean eGov Technologies IPO PAT Margin is 14.61 % , ROCE (Return on Capital Employed) is 4.60 % as per latest financial. The below table shows Protean eGov Technologies IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Jun-23 | FY23 | FY22 | FY21 |
|---|---|---|---|---|
| EBITDA Margin (%) | 15.46 | 15.89 | 17.80 | 14.07 |
| PAT Margin (%) | 14.61 | 14.42 | 20.83 | 15.28 |
| EPS (₹) | 7.97 | 26.50 | 35.78 | 23.02 |
| ROE (%) | 3.63 | 12.49 | 18.27 | 13.81 |
| ROCE (%) | 4.60 | 16.13 | 22.91 | 16.93 |
| ROA (%) | 2.84 | 9.69 | 14.57 | 10.69 |
| Debt to Equity | [●] | [●] | [●] | [●] |
The market Capitalisation of Protean eGov Technologies IPO is ₹ 3203.38 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Protean eGov Technologies IPO prospectus highlights an Return on Equity (ROE) of 3.63 % , Return on Assets (ROA) of 2.84 %, and an EBITDA Margin of 15.46 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Protean eGov Technologies IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Protean eGov Technologies IPO is ₹ 3203.38 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Protean eGov Technologies IPO has a Price-to-Earnings (PE) ratio of 46.51 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Protean eGov Technologies IPO reported revenue of ₹ 932.68 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Protean eGov Technologies IPO provide insights into sales growth, market demand, and business scalability.
Protean eGov Technologies recorded an EBITDA of ₹ 136.32 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Protean eGov Technologies Profit After Tax (PAT) is ₹ 128.84 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 881.60 Cr.
EBITDA Margin:
15.46
%
Net Worth: ₹ 888.09 Cr.
Market Capitalisation:
₹ 3203.38 Cr.
P/E:
46.51 times
P/BV: 2.32 times
EV/EBITDA: 23.36 times
Protean eGov Technologies operates in Corporate Solutions and Unique EGovernance Business And Working With Various Departments Of Government Of India. The Issue is listed on BSE,NSE in Nov, 2023. Protean eGov Technologies IPO size was 490.33 with Issue price of 792.00 .
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 860.40.
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