ListedMainboard

Protean eGov Technologies Limited

PROTEAN6 Nov 2023 – 8 Nov 2023
Issue price
—
Issue size
—
Lot size
18 sh
₹14,256 a lot
Listed on
6 Feb 2025
NSE
Notes

Protean eGov Technologies Limited was a mainboard initial public offer.

The book was open from 6 November 2023 to 8 November 2023.

The price band was ₹752 to ₹792 a share, and the minimum lot is 18 shares — ₹14,256 at the top of the band.

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

The shares listed on 6 February 2025.

How it has done since listing

This issue has no ISIN on file, so its listed price history cannot be matched.

The offer
Price band
₹752 – ₹792
face value ₹10
Lot size
18 sh
₹14,256 a lot
Registrar
Link Intime India Private Limited
Lead managers
  • ICICI Securities Limited
  • Equirus Capital Private Limited
  • IIFL Securities Limited and Nomura Financial Advisory and Securities (India) Private Limited
What happens when
3-day book
  1. Bidding opens6 Nov 2023
  2. Bidding closes8 Nov 2023
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing6 Feb 2025
Subscription

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Demand at each price

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Anchor investors

We have not extracted an anchor allotment list for this issue.

When locked shares come free
computed from ICDR rules
  • Anchor investors — first tranche
    SEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment
    8 Mar 2025
    50% of this tranche
  • Anchor investors — second tranche
    SEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment
    7 May 2025
    50% of this tranche
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    6 Aug 2025
    already free
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    6 Aug 2026
    already free

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set

The "Basis for Offer Price" chapter states the earnings the price was set against and the multiples it implies. We have not extracted it for this issue — several offer documents are served as .zip archives or as scanned pages with no text layer.

Restated financials

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Objects of the offer

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Peers named by the issuer

The peer table is printed in the offer document's "Basis for Offer Price" chapter; we have not extracted it for this issue yet.

Who ran this issue, and what else they have run
past issues only
Lead managers
FirmIssuesTypical listing move
Equirus Capital Limited
2021 – 2026
31
4 measurable
+20.0%
ICICI Securities Limited
2021 – 2026
88
14 measurable
+16.0%
IIFL Securities Limited and Nomura Financial Advisory and Securities Private Limited
2021 – 2025
3
1 measurable
-20.0%
Registrar
FirmIssuesTypical listing move
Link Intime India Private Limited
2021 – 2026
176
15 measurable
+10.1%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Read the offer documents
1 filed

Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.