Protean eGov Technologies Limited (formerly known as NSDL e-Governance Infrastructure Limited) shall open its initial public offering of Equity Shares on Monday, November 06, 2023. The total offer size of initial public offering comprises of offer for sale up to 6,191,000 Equity Shares by the Selling Shareholders.
The Anchor Investor Bidding Date shall be Friday, November 03, 2023. The Offer will open on Monday, November 06, 2023 for subscription and will close on Wednesday, November 08, 2023.
The Price Band of the Offer has been fixed at ₹ 752 to ₹ 792 per Equity Share. Bids can be made for a minimum of 18 Equity Shares and in multiples of 18 Equity Shares thereafter.
The Offer for Sale comprises of up to 459,617 Equity Shares by 360 One Special Opportunities Fund (formerly known as IIFL Special Opportunities Fund), up to 320,177 Equity Shares by 360 One Special Opportunities Fund –Series 2 (formerly known as IIFL Special Opportunities Fund -Series 2), up to 148,197 Equity Shares by 360 One Special Opportunities Fund –Series 3 (formerly known as IIFL Special Opportunities Fund – Series 3), up to 396,843 Equity Shares by 360 One Special Opportunities Fund –Series 4 (formerly known as IIFL Special Opportunities Fund – Series 4), up to 309,225 Equity Shares by 360 One Special Opportunities Fund –Series 5 (formerly known as IIFL Special Opportunities Fund – Series 5), up to 1,783,395 Equity Shares by NSE Investments Limited, up to 243,175 Equity Shares by Administrator of the Specified Undertaking of the Unit Trust of India, up to 705,674 Equity Shares by HDFC Bank Limited, 712,077 Equity Shares by Axis Bank Limited, up to 712,077 Equity Shares by Deutsche Bank A.G. and 400,543 Equity Shares by Union Bank of India.
The Offer includes an employee reservation of up to 150,000 Equity Shares, available for allocation to Eligible Employees, at discount of ₹ 75 per Equity Share. The Equity Shares are proposed to be listed on the BSE.
