247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Protean eGov Technologies Limited IPO (Protean eGov Technologies IPO) Details

Protean eGov Technologies Limited is an Corporate Solutions based company, located in Mumbai, Protean eGov Technologies Limited IPO size was 490.33 Cr. and was issued at 792.00 per share. The share of Protean eGov Technologies Limited were listed at 883.00 per share and are currently trading at 1730.40 per share.

Type :
Sub Sector : Unique EGovernance Business And Working With Various Departments Of Government Of India
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
932.68 Cr.

PAT :
128.84 Cr.

Pricing Report

Issue Price :
792.00

Listing Price :
883.00

Current Market Price :
1730.40

Issue Price vs CMP :
938.4 (118.48%)

listing Price vs CMP :
847.4 (95.97%)

Performance Report (CAGR* wise)

CAGR : 92.66
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Protean eGov Technologies

Company Information
Protean eGov Technologies Limited is one of the key IT-enabled solution providers in India, specializing in conceptualizing, developing, and executing large-scale, greenfield technology solutions of national importance. It collaborates with the government and has extensive experience in creating digital public infrastructure and innovative citizen-centric e-governance solutions. Initially set up as a depository in 1995, the company developed a critical national infrastructure for capital market growth in India. It has played a key role in designing and implementing some of the country's most significant and large-scale technology infrastructure projects. The company's solutions have identified bottlenecks in government services, enhanced transparency and efficiency, redefined public service delivery, and reduced service delivery costs. It ranks among the top companies in the e-governance sector in India in terms
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Object of Issue
  • 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 MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Nov, 2023
IPO Size :
490.33 Cr.
Market Cap :
3203.38 Cr.   
IPO Subscription :
23.86 X     
PE Multiple :
46.51
Merchant Banker :
Equirus Capital Private Limited
IPO Registrar:
Link Intime India Private Limited

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FAQs

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 MainBoard in Nov, 2023. Protean eGov Technologies IPO size was 490.33 Cr. 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 1730.40.

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