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Protean eGov Tech IPO subscribed 23.86x
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IPO was subscribed 23.86 times on Wednesday, its final day of bidding.
The company could raise ₹490 crore at the upper end of the issue price band of ₹792.
The retail investors' segment was subscribed 8.93 times. The non-institutional investor or high net worth investor category was subscribed 31.62 times and the qualified institutional buyers' portion was subscribed 46.94 times.
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