Brokers usually take bids until: Zerodha 4:45 PM, Groww 4:50 PM, Angel One and Upstox 5:00 PM (HNI 4:00 PM). Check the exact time with your broker or bank.
Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
The money raised through the Offer for Sale goes to existing investors, not the company.
(₹ in Crore)
Tap a bar to highlight a metric across periods and show its values.
No peer comparisons added yet.
Protean eGov Technologies Limited, incorporated in December 1995 and previously known as NSDL e-Governance Infrastructure Limited, is an IT enabled solutions company that builds and operates large-scale digital public infrastructure for citizens and government bodies in India. Its offerings span citizen services, e-governance platforms, system integration, business process re-engineering, data centre co-location, and IT consulting. Over more than two decades the company has played a role in several nationally critical, population-scale technology programs, including processing PAN card applications, supporting the Atal Pension Yojana, operating the Vidya Lakshmi education loan platform, and contributing to the Open Network for Digital Commerce (ONDC) initiative. The company works closely with government entities and agencies, which form a large share of its revenue base. The company positions itself as a long-standing technology partner for building digital public infrastructure at national scale, combining its e-governance track record with an expanding portfolio of citizen-facing and enterprise technology solutions.
Promoter Name is not available
Ahead of the issue, the company raised about Rs 143.53 crore from anchor investors through the allotment of 18,12,300 shares at the issue price of Rs 792 per share. Notable anchor participants included SBI Life Insurance, Baroda BNP Paribas Mutual Fund, Aditya Birla Sun Life Insurance, LIC Mutual Fund, Societe Generale, Astorne Capital VCC, and GAM Multistock Emerging Markets Equity, among others.
Source: RHP • Analysis provided for informational purposes
Last Updated: 17 July 2026, 5:30 AM
Strengths are not available
Heavy dependence on government contracts
A large share of revenue, roughly 73%, comes from projects awarded by government entities and agencies, exposing the company to procurement, policy, and relationship risks inherent in government business.
Elevated receivables from clients
About 29% of FY2023 revenue was still receivable at year end, so delays in collecting dues from clients could pressure cash flows and operating results.
Protean eGov Technologies Limited
Unit 1701-1702 (17th Floor), 1801-1802 (18th Floor), 1901-1902 (19th Floor), Tower 2, One International Center, Senapati Bapat Marg, Elphinstone Road, Mumbai, Maharashtra - 400013
View on Maps →MUFG Intime India Private Limited
No financial information whatsoever published anywhere, within this website, should be considered as an advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this website. The information on this website is based on information available as on date coupled with market perceptions.
You agree with the terms and conditions to use this website.
Grey-market disclaimer. GMP shown here is grey-market news only. We do not trade or deal in the grey market or subject-to rates, nor do we recommend trading in the grey market.
Not investment advice. IPO Nex is an information tool, not investment advice. We do not recommend buying or selling any securities. Always do your own research before applying to any IPO.
IPO Nex does not guarantee any listing gain or return. IPO investments are subject to market risks.
All times are IST.
© 2026 IPO Nex by Niota. All rights reserved.