Protean eGov Technologies share price makes a flat debut at ₹792 apiece on BSE

In this article, we will talk about Protean eGov Technologies share price. Protean eGov Technologies Limited is a well-known company and it was founded in 1995. Protean eGov Technologies share expense made a flat debut on the BSE on Monday. Currently, this news has come on the internet and it has gone viral on social media platforms. Now lots of people are searching the news on the internet and it has gone viral on social media platforms. Now lots of people are super curious to know about the whole information. Here we have more information about the news and we will share it with you in this article.

Protean eGov Technologies IPO

Reportedly, Protean eGov Technologies Limited’s share cost was listed the same as the problem cost of ₹792. After a flat debut, Protean eGov share price gained more than 2%. At 10;01 IST, Protean eGov shares had been trading at ₹810 per share, up 2.27%. The price band of the Protein eGov Technologies IPO was set at ₹752-792 per equity share, at a face value of ₹10 each, and the lot size is 18 equity shares and in multiples of 18 equity shares thereafter. Scroll down to the next page for more information about the news.

According to the report, Protean eGov Technologies IPO caught important interest from investors on the last day of bidding. General, the IPO got bids for 110,44,65,250 shares on the final day as against the 43,78,700 shares available for subscription, translating into a subscription rate of 23.86 times. The net request is reserved for limited institutional buyers at 50% of the total offer size, non-institutional investors at 15%, and retail investors at 35%. The company IPO opened for subscription on Monday, 6 November, and closed on Wednesday, 8 November. You are on the right page for more information about the news, so please read the complete article.

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Protean eGov Technologies IPO details

The total offer size of Protean eGov IPO comprises of offer for sale (OFS) of up to 6,191,000 equity by the selling shareholders. Protean eGov Technologies IPO plans to fetch ₹490.33 crore. The OFS includes up to 459,617 equity shares by 360 One Special Opportunities Fund, up to 320,177 equity shares by 360, and One Special Opportunities Fund –Series 2, up to 396,843 equity shares by 360 One Special Opportunities Fund –Series 4  equity shares by Administrator of the Specified Undertaking of the Unit Trust of India, up to 705,674 equity shares by HDFC Bank Limited, Here we have shared all the information which we had if we get any information then we will update you soon. Stay tuned to us for more updates.

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Gurleen Kaur

I'm a science graduate from the Ahmadu Bello University, Nigeria. My passion for writing has brought me to into the field of content.