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Protean eGov Technologies Limited IPO Subscription Status

📅Offer Date: 06 Nov 2023 – 08 Nov 2023

Minimum investment
₹14,25618 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total23.86x
QIB46.94x
NII31.62x
Retail8.93x

Protean eGov Technologies Limited IPO was subscribed 23.86x in total when bidding closed on 08 Nov 2023, with 46.94x in the QIB category, 31.62x in NII, 8.93x in retail. The issue ran from 06 Nov 2023 to 08 Nov 2023 at a price band of ₹752.00–₹792.00 per share.

QIB46.94xNII31.62xRetail8.93xTotal23.86x1×

Times subscribed by category against the 1× line.

9
≈ 1 in 9 retail allotment
low allotment chance

Based on retail subscription (8.93x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs12,08,2005,67,12,90846.94x
NIIs9,06,1502,86,52,46331.62x
SNIIs (<10L)3,02,05086,32,58928.58x
BNIIs (>10L)6,04,1002,00,19,87433.14x
Retail21,14,3501,88,81,1468.93x
Employee1,50,0002,23,5001.49x
Total43,78,70010,44,75,78223.86x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs95.694491.6646.94x
NIIs71.772269.2831.62x
Retail167.461495.398.93x
Employee11.8817.701.49x
Total346.798274.0323.86x

Values derived from share count × issue price (₹792.00)

What this means for allotment & listing

Because Protean eGov Technologies Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Protean eGov Technologies Limited IPO subscription FAQs