Protean eGov Technologies Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹752 - ₹792
- Lot size
- 18 shares
- Issue amount
- ₹490.33 cr
- Total subscription
- 25.13×
- Opens
- 6 Nov 2023
- Closes
- 8 Nov 2023
- Allotment
- 10 Nov 2023
- Listing
- 13 Nov 2023
Offer at a glance
Issue overview
- Issue size
- 61,91,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹13,536
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹490.33 cr
- Registrar
- Link Intime India Private Ltd
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,256
- Issue type
- Book Built Issue IPO
- Shares before issue
- 0
- Shares after issue
- 4,04,46,732
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 18 | ₹14,256 |
| sHNI | 15 | 270 | ₹2,13,840 |
| bHNI | 71 | 1,278 | ₹10,12,176 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 90.86 | 4,491.38 |
| RETAIL | 159 | 1,495.11 |
| HNIs 2+ | 22.71 | 683.73 |
| HNIs 10+ | 45.43 | 1,585.64 |
| EMPLOYEES | 11.28 | 17.71 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 26.48 |
| ROE | 12.49 |
| ROCE | 16.13 |
| RONW | 12.49 |
| PRE IPO(PE) | 29.91 |
| POST IPO(PE) | 24.86 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 1995, Protean eGov Technologies Limited (formerly NSDL e-Governance Infrastructure Limited) is a leading technology company that has been developing large-scale, citizen-centric e-governance solutions for over two decades. The company has played a key role in building critical digital infrastructure in India, especially in the capital markets. As of December 2022, it has implemented and managed 19 projects across various ministries. Protean has achieved major milestones such as modernizing the country’s direct tax systems through PAN issuance, enabling social security for unorganized sector workers through its role as CRA for Atal Pension Yojana, improving access to education and skill financing through platforms like Vidya Lakshmi and Vidyasaarathi, and contributing to open digital ecosystems such as ONDC across multiple sectors like e-commerce, mobility, healthcare, agriculture, and education.
Registrar & documents
Lead manager
ICICI Securities Limited, Equirus Capital Private Limited, IIFL Capital Services Limited, Nomura Financial Advisory & Securities (India) Private Limited
Registrar & contacts
Link Intime India Private Ltd
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Times Tower, 1st Floor, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai 400 013,
+91 22 4090 4242
[email protected]Company website ↗Understanding PROTEAN IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.