Protean eGov Technologies IPO
Protean eGov Technologies IPO: Protean eGov Technologies IPO GMP (Grey Market Premium), Protean eGov Technologies IPO Date, Protean eGov Technologies IPO Review, Protean eGov Technologies IPO Benefits & Risks. We will update Protean eGov Technologies GMP daily. Also, all information related to Protean eGov Technologies IPO like price band, all dates, issue size and retail parts etc. All the important information about Protean eGov Technologies IPO is given below.
Protean eGov Technologies IPO
Protean eGov Technologies Ltd. is one of the leading IT-enabled service providers in the country. The company is engaged in conceptualizing, developing, and executing greenfield technology solutions at the national level. The IPO of Protean eGov Technologies Limited is expected in early 2022. Protean eGov Technologies Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs - crore through IPO (Initial public offering).
Protean eGov Technologies IPO will open in 2022 and close in 2022. The price band of the Protean eGov Technologies IPO is ₹- to ₹-. Protean eGov Technologies Ltd is looking to raise around ₹- crores through an initial public offering (IPO). Protean eGov Technologies IPO QIB quota is 75%, NII quota is 15% and RII quota is 10%. Protean eGov Technologies IPO listing date is - February 2022. Protean eGov Technologies Limited IPO GMP (Grey Market Premium) is Given below.
you can know about Protean eGov Technologies Limited's financial performance in the Financial section. The company has made a profit of ₹81.08 crores in the financial year 2021. Protean eGov Technologies IPO Size is ₹- crores. In this IPO, approx 12,080,140 equity shares will be sold under OFS (Offer for sale). The IPO of Protean eGov Technologies will be listed on NSE and BSE. Protean eGov Technologies IPO face value is ₹- per equity share.
We will talk about Protean eGov Technologies' financial, benefits, and risks of investing in the company.
Read About
What is Protean eGov Technologies IPO GMP Today?
Protean eGov Technologies IPO GMP is ₹.
What is Protean eGov Technologies IPO Date?
Protean eGov Technologies IPO Opening date is February 2022.
What is Protean eGov Technologies IPO Expected Return?
Protean eGov Technologies IPO Expected Returns is approx -%.
About Protean eGov Technologies Limited
Protean eGov Technologies is one of the leading IT enabled service providers in the country. Protean eGov Technologies Limited has collaborated extensively with the government over the past 25 years in building digital public infrastructure and developing innovative citizen centric e-governance solutions. The company provides necessary interventions to build the ecosystem and adopt new technologies and business models.
Since inception the company has built robust e-governance interventions affecting multiple sectors of the Indian economy and impacting various aspects of a citizen's life. The company also provides services such as identity authentication and e-sign. Over the years, the company has implemented and managed 18 projects spread across seven ministries and autonomous bodies.
The company has set up a pan-India network of centers to provide ancillary services to the digitally excluded. This digital model created by the company enables universal access and financial inclusion in the country.
Important Links:
- Protean eGov Technologies Ltd Website
- Protean eGov Technologies DRHP
- Protean eGov Technologies RHP
Purpose of the offer
- In this IPO offer for sale (OFS) of 12,080,140 equity shares by the promoters.
- To prepay/repay all or a part of the dues raised by the company.
- To meet general corporate objectives.
Protean eGov Technologies GMP Today (Grey Market Premium)
[Note: Protean eGov Technologies Ltd IPO GMP has not started yet]
| DATE | GMP | KOSTAK | Subject to Sauda |
|---|---|---|---|
| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
| February | ₹ | ₹ | ₹ |
Protean eGov Technologies IPO Date and Price Band Details
Protean eGov Technologies IPO open date: 2022, Closing date: 2022, and Listing date: 2022. The price band of Protean eGov Technologies IPO is ₹- to ₹-per share. Protean eGov Technologies IPO issue size is Rs 700 crores. Protean eGov Technologies Ipo retails portion is 10%, QIB Portion is 50%, and NII Portion is 35%.
| IPO Open: | 2022 |
| IPO Close: | 2022 |
| Listing Date: | 2022 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹700 Crores |
| Fresh Issue: | N/A |
| Offer For Sale: | Approx 12,080,140 Eq Shares |
| Price Band: | ₹- to ₹- per share |
| Face Value: | ₹10 per Equity share |
| QIB Portion: | 50% |
| Retail Portion: | 35% |
| NII Portion: | 15% |
| Employee Res: | Not Disclosed |
Protean eGov Technologies IPO Market Lot & Size
Protean eGov Technologies IPO's minimum lot size is - shares with ₹- application amount and the maximum lot size is - shares with ₹- application amount.
| Minimum Lot: | 01 |
| Minimum Lot Size: | - Shares |
| Minimum Amount: | ₹- |
| Maximum Lot: | 14 |
| Maximum Lot Size: | - Shares |
| Maximum Amount: | ₹- |
Protean eGov Technologies IPO Allotment & Listing Date
| Ipo Opening Date: | 2022 |
| IPO Closing Date: | 2022 |
| Basis of Allotment: | 2022 |
| Refund Date: | 2022 |
| Credit to Demat Account: | 2022 |
| Listing Date: | 2022 |
Protean eGov Technologies IPO Review
HappiestPost View: To be updated.
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Protean eGov Technologies Ipo Review
[Not rated yet (To be updated)]
Review For Listing Gain
Review For Short term
Review For Long term
Strength
- The company is one of the leading IT-enabled service providers.
- Protean eGov Technologies has a professional board of directors, experienced promoters, and a management team.
- The company's business is scalable and technologically advanced.
- The company is continuously working to achieve maximum customer satisfaction.
- The company's financial track record has been strong, with the company earning Rs 92.18 crore in FY 2011.
Risks
- The company is mainly dependent on government organizations and bodies for their revenue.
- The profit of the company has been decreasing continuously for the last 3 financial years.
- The company does not have long-term contracts with most of its vendors and customers. If their customers take services from someone else, the company may suffer.
- A big question is whether the company will be able to sustain its profits in the coming years.
- The COVID-19 pandemic has had a negative impact on the Company's business and is likely to continue in the future.
Protean eGov Technologies Financials
Protean eGov Technologies Financials(in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| Mar 2019 | ₹869.60 | ₹788.50 | ₹123.53 |
| Mar 2020 | ₹939.87 | ₹754.64 | ₹121.85 |
| Mar 2021 | ₹862.38 | ₹652.03 | ₹92.18 |
Shareholders
The shareholders of the company are:
- NSEIL
Contact Details of Protean eGov Technologies
Protean eGov Technologies Limited
Times Tower, 1st Floor,
Kamala Mills Compound,
Senapati Bapat Marg, Lower Parel,
Mumbai 400 013, Maharashtra
Tel Number:+91 22409 04242
E-mail: cs@nsdl.co.in
Website: www.egov-nsdl.co.in
Protean eGov Technologies Lead Managers
- ICICI Securities Limited
- IIFL Securities Limited
- Equirus Capital Private Limited
- Nomura Financial Advisory and Securities (India) Private Limited
Protean eGov Technologies IPO Registrars
Link Intime India Private Limited
C 101, 247 Park
L.B.S. Marg
Vikhroli (West), Mumbai 400 083
Maharashtra, India
Telephone: +91 22 4918 6200
E-mail: protean.ipo@linkintime.co.in
Website: www.linkintime.co.in
Conclusion
The company has a good financial track record. The company had a profit of Rs 92.18 crore in the financial year 2021. But Protean eGov Technologies Ltd. is dependent on government organizations and bodies for a significant amount of its revenue. Our recommendation will be updated when the Protean eGov Technologies IPO price band and other IPO details are announced. Protean eGov Technologies Limited's financial statement and other information are provided above.
Protean eGov Technologies IPO FAQs
What is Protean eGov Technologies IPO GMP Today?
Protean eGov Technologies IPO GMP is ₹- as of today.
What is Protean eGov Technologies IPO Opening Date?
Protean eGov Technologies IPO Opening date is February 2022.
What is the Protean eGov Technologies IPO Closing Date?
Protean eGov Technologies IPO Closing date is February 2022.
What is the Protean eGov Technologies IPO Allotment date?
Protean eGov Technologies IPO Allotment Date is February 2022.
What is Protean eGov Technologies IPO Listing Date?
Protean eGov Technologies IPO Date is February 2022.
What is Protean eGov Technologies IPO Kostak Rate?
Protean eGov Technologies IPO Kostak rate is ₹-.
What are Protean eGov Technologies IPO Expected Returns?
Protean eGov Technologies IPO Expected Returns is -%.
Read More:
For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.
How to Apply the Protean eGov Technologies Ltd IPO with Zerodha?
1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO.
3. You will see the IPO name "Protean eGov Technologies Ltd".
4. Then, Click on Bid Button.
5. Then, Enter your UPI ID.
6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.)
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
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