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Protean eGov Technologies IPO

₹883.00

+11.49% on listing

Listing-day close · BSE · 13 Nov 2023 · issue price ₹792

Protean eGov Technologies’ ₹490 crore IPO was priced at ₹792 a share. It listed on the BSE on 13 Nov 2023 and closed its first day at ₹883.00, up 11.49% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹490 Cr
Fresh issue
—
Offer for sale
₹490 Cr
Lot size
18 shares
Minimum investment
₹14,256
Face value
₹10
Registrar
MUFG Intime India

Subscription

Protean eGov Technologies IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—17.11×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹3,203 Cr
P/E (post-issue)
24.9
ROE
12.49%
ROCE
16.13%
PAT margin
14.42%

From the offer documents.

Listing

Listing date
13 Nov 2023
Issue price
₹792
Open
₹792.00
High
₹890.90
Low
₹775.00
Close
₹883.00

Listing day on the BSE. The close was +11.49% on the issue price.

PROTEAN share price today

FAQs

When did the Protean eGov Technologies IPO open and close?

It opened on 6 Nov 2023 and closed on 8 Nov 2023.

What was the Protean eGov Technologies IPO price?

The price band was ₹752–792 a share. The final issue price was ₹792.

What is the lot size and minimum investment?

One lot is 18 shares, ₹14,256 at ₹792 a share. Retail investors apply in whole lots.

How much did Protean eGov Technologies raise?

₹490 crore: ₹490 crore offered by existing shareholders.

How many times was the Protean eGov Technologies IPO subscribed?

17.11 times overall.

How did Protean eGov Technologies list?

It listed on the BSE on 13 Nov 2023 at ₹792.00 and closed the day at ₹883.00, up 11.49% on the ₹792 issue price.

Who is the registrar of the Protean eGov Technologies IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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