Protean eGov Technologies IPO allotment – how to check allotment, GMP, listing date and more

• Protean eGov Technologies is expected to announce its share allotment status today, November 10.
• The shares of Protean eGov Technologies were subscribed 23.86 times.
• The shares are expected to be listed on the stock exchanges on November 13.

Mumbai-based Protean eGov Technologies, one of the key IT-enabled solution companies in India is expected to announce the allotment status of its initial public offering (IPO) today, that is November 10.

The Protean eGov Technologies IPO opened on November 6 and closed on November 8. The price band for the IPO was ₹752 to ₹792 per share.

Robust subscription

On the last day, the Protean eGov Technologies IPO was subscribed 23.86 times, receiving bids for 110.45 crore equity shares against 43.79 lakh shares on offer.

While the qualified institutional buyer portion was subscribed 46.94 times, the non-institutional investors portion was subscribed 31.62 times. The retail portion also witnessed good participation and was subscribed 8.93 times. The employee portion was subscribed 1.49 times.

Grey market premium

The shares of Protean eGov Technologies are currently commanding a grey market premium (GMP) of ₹80 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

Here’s how to check the IPO’s allotment status

You can check the allotment status on the registrar’s website.

• To check the Protean eGov Technologies IPO allotment status, visit the registrar’s website here.
• Click on ‘Select Company’ and then select ‘Protean eGov Technologies’.
• Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
• Now, enter the captcha.
• Click on submit.

You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Protean eGov Technologies IPO allotment status on the BSE and NSE websites.

To check the allotment status on BSE or NSE website:

• Go to the BSE website.
  
• On the website, click on 'Equity' and then select ‘Protean eGov Technologies’ from the dropdown menu.
  
• Now, enter your application number and PAN.
  
• Click on 'Search'.
  

You will be able to see the number of shares allotted to you.

You can click here and log in to check your allotment status on NSE.

Protean eGov Technologies IPO listing date

The shares of Protean eGov Technologies will be listed on the stock exchanges on November 13.

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