ListedMainboardPROTEAN

Protean eGov Technologies Limited

Protean eGov Technologies Limited is a mainboard IPO raising ₹490 Cr at ₹752 – ₹792 a share. It listed on 13 Nov 2023 and trades at ₹625 today, −21.1% against its issue price of ₹792. It was subscribed 24× in total.

792
Issue price
625
Price now
−21.1%
Since issue price
13 Nov 2023
Listed on
24×Subscribed (final) · all exchanges

23.9 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Who bid for it

Investor categoryShares offeredShares bid forSubscribed
QIB
Banks, funds and other large institutions
12,08,2005,67,09,34247×
Foreign Institutional Investorsno separate quota1,60,72,866n/a
Domestic Financial Institutionsno separate quota1,92,27,114n/a
Mutual fundsno separate quota40,72,896n/a
Othersno separate quota1,73,36,466n/a
Non-institutional
Wealthy individuals and companies bidding above ₹2 lakh
9,06,1502,86,53,84032×
Non Institutional Investors6,04,1002,00,20,66233×
Corporatesno separate quota3,38,526n/a
Individualsno separate quota1,74,67,326n/a
Othersno separate quota22,14,810n/a
Non Institutional Investors3,02,05086,33,17829×
Corporatesno separate quota41,382n/a
Individualsno separate quota75,13,164n/a
Othersno separate quota10,78,632n/a
Retail
Ordinary investors bidding up to ₹2 lakh
21,14,3501,88,78,4548.93×
Cut Offno separate quota1,60,34,922n/a
Price bidsno separate quota28,43,532n/a
Employees1,50,0002,23,6141.49×
Cut Offno separate quota1,94,796n/a
Price Bidsno separate quota28,818n/a
Total43,78,70010,44,65,25024×

Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 07:06 pm IST.

How demand built

We hold no subscription readings for this issue.