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Protean eGov Technologies Limited logo

Protean eGov Technologies Limited IPO

Mainboard IPOListedPROTEANNSE
Current Market Price (CMP)
₹589.55(-57.31%)
Current Price (CMP)
₹589.55(-57.31%)

Live Market Quote

Listing Price & Gain
₹1,535(+11.15%)

Day 1 Exchange Open

IPO Issue Price
₹1,381

Band: ₹752 - ₹792

Total Subscription
23.86x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
06 Nov 2023
IPO Bidding Closes
08 Nov 2023
Allotment & Refunds
Completed
Exchange Listing Day
06 Feb 2025

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 23.86x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)46.94x
Non-Institutional Investors (NII / HNI)31.62x
Retail Individual Investors (RII)8.93x
Employees Reservation1.49x
Total Subscription23.86x
Updated as on 08-Nov-2023 19:00:00

Listing Day & Return Performance

Listing Day Gain+11.15%
₹1,381 (Issue) → ₹1,535 (List)
Per share profit: +₹154.00
Holding Return (Till Date)-57.31%
₹1,381 (Issue) → ₹589.55 (CMP)
Net gain per share: ₹-791.45
Post-Listing Performance (Listing Day → Today):-61.59%

About Protean eGov Technologies Limited IPO

Protean eGov Technologies Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 06 Nov 2023 and concluded on 08 Nov 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹752 - ₹792.

During the bidding window, Protean eGov Technologies Limited witnessed heavy demand with an overall subscription of 23.86 times. Institutional investors (QIB) subscribed 46.94x, non-institutional high-net-worth investors (NII) subscribed 31.62x, and retail individual investors (RII) bid 8.93x their reserved quota, alongside employee participation of 1.49x.

The equity shares of Protean eGov Technologies Limited officially debuted on the stock exchanges on 06 Feb 2025 at an opening listing price of ₹1,535, delivering a listing day return of +11.15% (premium) over the final issue price. As per the latest market data, the stock trades at ₹589.55, representing an overall decline of -57.31% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Protean eGov Technologies Limited IPO?
The issue price of Protean eGov Technologies Limited IPO was fixed at ₹1,381 per equity share. The indicative bidding price band was ₹752 - ₹792.
What were the open, close, and listing dates for Protean eGov Technologies Limited IPO?
Protean eGov Technologies Limited IPO opened on 06 Nov 2023, closed on 08 Nov 2023, listed on 06 Feb 2025.
How much was Protean eGov Technologies Limited IPO subscribed?
The IPO received an overall subscription of 23.86 times. Category-wise, QIBs subscribed 46.94x, NIIs subscribed 31.62x, and Retail investors subscribed 8.93x.
What was the listing price and listing gain of Protean eGov Technologies Limited IPO?
Protean eGov Technologies Limited IPO listed on the stock exchange at ₹1,535, delivering a listing gain of 11.15% compared to the IPO issue price of ₹1,381.
Is Protean eGov Technologies Limited IPO a Mainboard or SME IPO?
Protean eGov Technologies Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Protean eGov Technologies Limited IPO since its IPO?
At the latest market quote of ₹589.55, Protean eGov Technologies Limited IPO has generated an all-time return of -57.31% since its initial public offering.

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