Protean eGov Technologies IPO to open on November 6: Check 10 key things to know
₹490.33 crore from its maiden public offer. Ahead of the opening of the bidding process, here are 10 key things to know about Protean eGov Technologies IPO. Also Read: Mamamearth IPO share allotment finalised: Here’s how to check your application status Protean eGov Technologies IPO Dates: Protean eGov Technologies IPO opens for public subscription on Monday, November 6, and will close on Wednesday, November 8.
Protean eGov Technologies IPO Price Band: The IPO price band has been set at ₹752 to ₹792 per share. Protean eGov Technologies IPO Details: At the upper end of the price band, the Protean eGov Technologies IPO is expected to fetch ₹490.33 crore. The maiden public issue is purely an offer of sale (OFS) of 61.91 lakh equity shares by the existing shareholders.
(Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) Protean IPO Lot Size: The IPO lot size is 18 equity shares and the minimum investment amount required by retail investors is ₹14,256. Protean eGov Technologies IPO Anchor Investors: Protean eGov Technologies Ltd has already allotted 18.12 lakh equity shares to 18 anchor investors and raised ₹143.53 crore ahead of the proposed IPO. The company has issued shares at the upper price band of ₹792 per equity share.
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