Protean eGov Technologies Limited (Mainboard) (Only BSE)
Nov 6, 2023 - Nov 8, 2023
| Price | ₹752 - ₹792 |
| Premium | ₹55 |
|---|---|
| Lot size | 18 |
| Allotment | Nov 10, 2023 |
| Listing | Nov 13, 2023 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 18 | 14256 | 117464 |
| sHNI | 15 | 270 | 213840 | 1119 |
| bHNI | 71 | 1278 | 1012176 | 2237 |
Last Updated as on 08-Nov-2023 17:54:00
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 11,47,180 | 5,67,09,342 | 49.43 |
| HNIs | 8,60,385 | 2,86,53,570 | 33.3 |
| HNIs (10+L) | 5,73,590 | 2,00,20,662 | 34.9 |
| HNIs (2-10L) | 2,86,795 | 86,32,908 | 30.1 |
| Retail | 20,07,565 | 1,88,77,590 | 9.4 |
| Employees | 1,42,424 | 2,23,614 | 1.57 |
| Total | 41,57,554 | 10,44,64,116 | 25.13 |
Incorporated in December 1995, Protean eGov Technologies Limited was previously known as NSDL e-Governance Infrastructure Limited. The company is engaged in the business of developing citizen-centric and population-scale e-governance solutions for more than 2 decades.
Company has played a vital role in developing national infrastructure for capital market development in India. The company has developed & implemented some of the most crucial technological infrastructure in India.
Since December 2022, the company has implemented and managed 19 projects spread across several ministries.
The company's vital role in developing digital infrastructural solutions has led to the achievement of multiple milestones. Key amongst them are
- Mordernising direct tax infrastructure through the introduction of projects like PAN issuance
- The company has enabled the universal social security system for all Indians, in particular for workers in the unorganized sector, by creating technology infrastructure as a CRA for the Atal Pension Yojana.
- The company has also been instrumental in improving accessibility to education and skill financing through the development of efficient digital marketplaces. This has led to the discovery of financial resources through platforms such as Vidya Lakshmi and Vidyasaarathi
- The company has contributed to and supported open digital building blocks such as Open Network for Digital Commerce (ONDC) for use-cases across sectors like e-commerce, mobility, healthcare, agriculture, and education. It is worth mentioning that Protean eGov Technologies Limited is one of the key and early contributors to the open-source community and protocols that power ONDC.
Protean eGov Technologies IPO Details
| Issue Size | 6,191,000 shares (aggregating up to ₹[490] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE |
Protean eGov Technologies IPO Lead Manager(s)
ICICI Securities Limited
Equirus Capital Private Limited
Iifl Securities Ltd
Nomura Financial Advisory And Securities (India) Pvt Ltd
Company Financials
Protean eGov Technologies Limited Financial Information (Restated Consolidated)
Protean eGov Technologies Limited's revenue increased by 18.12% and profit after tax (PAT) rose by 56.14% between the financial year ending with March 31, 2022 and March 31, 2021.
| Period | Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 |
| Assets | 1,019.22 | 988.14 | 862.38 | 939.88 |
| Revenue | 540.59 | 770.18 | 652.03 | 754.64 |
| Profit | 75.47 | 143.94 | 92.19 | 121.85 |
| Reserves | 784.13 | 747.62 | 627.32 | 713.41 |
| Amount in ₹ Crore | ||||
Protean eGov Technologies Limited KPI
| KPI | Value |
| RoE | 12.49% |
| RoCE | 16.13% |
| EPS(₹) | 26.48 |
| RoNW | 12.49% |
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: protean.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html