{"id":5203,"date":"2023-11-02T11:15:05","date_gmt":"2023-11-02T05:45:05","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=5203"},"modified":"2023-11-02T11:15:11","modified_gmt":"2023-11-02T05:45:11","slug":"protean-egov-technologies-ipo","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/protean-egov-technologies-ipo\/","title":{"rendered":"Protean eGov Technologies IPO Details - Complete Overview of Protean eGov Technologies Limited IPO"},"content":{"rendered":"\n

Protean eGov Technologies IPO Price: <\/strong>\u20b9752 - \u20b9792
IPO Date Range:<\/strong> Nov 6, 2023 - Nov 8, 2023<\/p>\n\n\n\n

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\"Protean<\/figure>\n<\/div>\n\n\n\n
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Foundation & Business Essence:<\/h2>\n\n\n\n

Protean eGov Technologies Limited, formerly known as NSDL e-Governance Infrastructure Limited, has been providing innovative and comprehensive e-governance solutions to citizens for over two decades. The company's goal is to transform the way citizens interact with the government by providing state-of-the-art solutions. Their solutions cater to the needs of citizens on a large scale and have been successful in doing so.<\/p>\n<\/div>\n<\/div>\n\n\n\n

Network and Presence:<\/h2>\n\n\n\n

Protean eGov Technologies has been instrumental in the development of India's national infrastructure for capital market growth. The company has successfully developed and implemented some of the most crucial technological infrastructure in India. Starting from December 2022, the company has taken on the implementation and management of 19 projects that are spread across multiple ministries.<\/p>\n\n\n\n

Strengths:<\/h2>\n\n\n\n

The company has achieved several important goals in advancing digital infrastructure solutions. These include:<\/p>\n\n\n\n

    \n
  1. Upgrading the direct tax system by introducing projects like PAN issuance.<\/li>\n\n\n\n
  2. Creating a technology platform to provide universal social security for all Indians, especially unorganized sector workers, through the Atal Pension Yojana.<\/li>\n\n\n\n
  3. Enhancing access to education and skill financing through efficient digital marketplaces like Vidya Lakshmi and Vidyasaarathi.<\/li>\n\n\n\n
  4. Supporting open digital building blocks such as the Open Network for Digital Commerce (ONDC) for various sectors like e-commerce, mobility, healthcare, agriculture, and education. The company is also an early and significant contributor to the open-source community and protocols that power ONDC.<\/li>\n<\/ol>\n\n\n\n

    Bidding Starts In<\/h2>\n\n\n\n
    -<\/div>
    DAYS<\/div><\/div>
    -<\/div>
    HOURS<\/div><\/div>
    -<\/div>
    MINUTES<\/div><\/div>
    -<\/div>
    SECONDS<\/div><\/div><\/div>\n\n\n\n
    APPLY NOW<\/span><\/path><\/svg>

    Dream Big, Start with an IPO. Choose Lakshmishree.<\/p><\/a><\/div>\n\n\n\n

    Protean eGov Technologies IPO Specifics:<\/h2>\n\n\n\n
    IPO Date<\/td>November 6, 2023 to November 8, 2023<\/td><\/tr>
    Listing Date<\/td>Friday, November 17, 2023<\/td><\/tr>
    Face Value<\/td>\u20b910 per share<\/td><\/tr>
    Price Band<\/td>\u20b9752 to \u20b9792 per share<\/td><\/tr>
    Lot Size<\/td>18 shares<\/td><\/tr>
    Total Issue Size<\/td>6,191,000 shares of \u20b910
    (aggregating up to \u20b9490.33 Cr)<\/td><\/tr>
    Offer For Sale<\/td>6,191,000 shares of \u20b910
    (aggregating up to \u20b9490.33 Cr)<\/td><\/tr>
    Employee Discount<\/td>\u20b975 per share<\/td><\/tr>
    Issue Type<\/td>Book Built Issue IPO<\/td><\/tr>
    Listing At<\/td>BSE<\/td><\/tr>
    Share holding pre issue<\/td>40,446,732<\/td><\/tr>
    Share holding post issue<\/td>40,446,732<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    Protean eGov Technologies IPO Lot Size<\/h2>\n\n\n\n

    The minimum lot size to apply in this Protean eGov Technologies Limited <\/strong>IPO consists of 18 shares, requiring an investment of \u20b914,256.<\/p>\n\n\n\n

    Application<\/th>Lots<\/th>Shares<\/th>Amount<\/th><\/tr><\/thead>
    Retail (Min)<\/td>1<\/td>18<\/td>\u20b9 14,256<\/td><\/tr>
    Retail (Max)<\/td>14<\/td>252<\/td>\u20b9 1,99,584<\/td><\/tr>
    S-HNI (Min)<\/td>15<\/td>270<\/td>\u20b9 2,13,840<\/td><\/tr>
    S-HNI (Max)<\/td>70<\/td>1,260<\/td>\u20b9 9,97,920<\/td><\/tr>
    B-HNI (Min)<\/td>71<\/td>16,750<\/td>\u20b9 10,12,176<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    Protean eGov Technologies IPO Reservation<\/h2>\n\n\n\n
    QIB Shares Offered<\/td>Not more than 50% of the Net Issue<\/td><\/tr>
    Retail Shares Offered<\/td>Not less than 35% of the Net Issue<\/td><\/tr>
    NII (HNI) Shares Offered<\/td>Not less than 15% of the Net Issue<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    Protean eGov Technologies IPO Timetable (Important Dates)<\/h2>\n\n\n\n
    IPO Open Date<\/td>Monday, November 6, 2023<\/td><\/tr>
    IPO Close Date<\/td>Wednesday, November 8, 2023<\/td><\/tr>
    Basis of Allotment<\/td>Monday, November 13, 2023<\/td><\/tr>
    Initiation of Refunds<\/td>Wednesday, November 15, 2023<\/td><\/tr>
    Credit of Shares to Demat<\/td>Thursday, November 16, 2023<\/td><\/tr>
    Listing Date<\/td>Friday, November 17, 2023<\/td><\/tr>
    Cut-off time for UPI mandate confirmation<\/td>5 PM on November 8, 2023<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    Don't Miss Out!<\/h2>
    <\/div>

    Whether you're a seasoned investor or just starting out, Lakshmishree ensures you don't miss out on premier IPO opportunities. Dive into the future of investing with Lakshmishree.<\/p><\/div>\n\n\n\n

    \n
    APPLY NOW<\/a><\/div>\n<\/div>\n\n\n\n

    Protean eGov Technologies Limited IPO Financial Information<\/h2>\n\n\n\n

    Protean eGov Technologies Limited witnessed a modest 1.78% uptick in revenue, while their profit after tax (PAT) experienced a decline of -25.63% comparing the financial years ending on March 31, 2023, and March 31, 2022.<\/p>\n\n\n\n

    Period Ended<\/th>31 Mar 2021<\/th>31 Mar 2022<\/th>31 Mar 2023<\/th>30 June 2023<\/th><\/tr><\/thead>
    Assets<\/td>862.39<\/td>988.14<\/td>1104.10<\/td>1133.86<\/td><\/tr>
    Revenue<\/td>652.03<\/td>770.18<\/td>783.87<\/td>233.17<\/td><\/tr>
    Profit After Tax<\/td>92.19<\/td>143.94<\/td>107.04<\/td>32.21<\/td><\/tr>
    Net Worth<\/td>667.46<\/td>788.00<\/td>856.94<\/td>888.10<\/td><\/tr>
    Reserves & Surplus<\/td>627.14<\/td>747.33<\/td>816.33<\/td>847.48<\/td><\/tr><\/tbody><\/table>
    Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n\n\n\n

    Key Performance Indicator - Protean eGov Technologies IPO<\/h2>\n\n\n\n
    KPI<\/th>Values<\/th><\/tr><\/thead>
    P\/E (x)<\/td>29.91<\/td><\/tr>
    ROE<\/td>12.49%<\/td><\/tr>
    ROCE<\/td>16.13%<\/td><\/tr>
    EPS (Rs)<\/td>26.48<\/td><\/tr>
    RoNW<\/td>12.49%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    Objects of the Issue:<\/strong><\/h2>\n\n\n\n

    The company will not be entitled to any proceeds from the Offer; instead, all the Offer Proceeds will be received by the Selling Shareholders, distributed in accordance with the number of Offered Shares sold by each respective Selling Shareholder as part of the Offer.<\/p>\n\n\n\n

    Prospectus Links:<\/strong><\/h2>\n\n\n\n

    Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. Protean eGov Technologies IPO DRHP<\/a> and Protean eGov Technologies IPO RHP<\/a>.<\/p>\n\n\n\n

    Frequently Asked Questions<\/strong><\/h2>\n\n\n\n
    <\/div><\/div>\n\n\n
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    What is an IPO?<\/h3>\n
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    An IPO, or Initial Public Offering, is the process by which a private company offers its shares to the public for the first time to raise capital.<\/p>\n\n<\/div>\n<\/div>\n

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    Why do companies go public with an IPO?<\/h3>\n
    \n\n

    Companies go public to raise capital for expansion, reduce debt, or for other corporate purposes. It also provides liquidity to existing shareholders.<\/p>\n\n<\/div>\n<\/div>\n

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    What is the price range for the \"Protean eGov Technologies Limited\" IPO?<\/h3>\n
    \n\n

    The price range for the\"Protean eGov Technologies Limited\" IPO is \u20b9 752 to \u20b9792 per share.<\/p>\n\n<\/div>\n<\/div>\n

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    When will the \"Protean eGov Technologies Limited\" IPO be listed on the stock exchange?<\/h3>\n
    \n\n

    The \"Protean eGov Technologies Limited\" IPO is expected to be listed on Friday, November 17, 2023.<\/p>\n\n<\/div>\n<\/div>\n

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    How to apply for an IPO with Lakshmishree?<\/h3>\n
    \n\n

    To apply for an IPO with Lakshmishree:
    Go to www.lakshmishree.com\/ipo
    Select the desired IPO and fill in the required details.
    Confirm your application and make the payment.
    Once applied, you can track the status of your application on the platform or get in your registered Email ID.<\/p>\n\n<\/div>\n<\/div>\n

    \n

    How can I check the subscription status of an IPO on Lakshmishree?<\/h3>\n
    \n\n

    Log in to your Lakshmishree account and navigate to the 'IPO' section. Here, you can view live updates on the subscription status of ongoing IPOs.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

    Protean eGov Technologies IPO Price: \u20b9752 - \u20b9792IPO Date Range: Nov 6, 2023 - Nov 8, 2023 Foundation & Business Essence: Protean eGov Technologies Limited, formerly known as NSDL e-Governance Infrastructure Limited, has been providing innovative and comprehensive e-governance solutions to citizens for over two decades. The company's goal is to transform the way citizens […]<\/p>\n","protected":false},"author":1,"featured_media":5206,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[336],"tags":[],"class_list":["post-5203","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/comments?post=5203"}],"version-history":[{"count":2,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5203\/revisions"}],"predecessor-version":[{"id":5207,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5203\/revisions\/5207"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/5206"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=5203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=5203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=5203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}