Page 8 - Gov Technologies News Today

Protean eGov Technologies IPO | The company is selling 61.91 lakh shares through the public issue, at the upper price band, comprising only an offer-for-sale by investors.

Protean eGov Technologies is engaged in conceptualising, developing, and executing nationally critical and population-scale greenfield technology solutions.

Protean eGov Technologies IPO Opens Today: Should You Subscribe? Check GMP, Price, Lot Size, the Rs 490-crore IPO will remain open till November 8, and its price band has been fixed at Rs 752-792 per share

Analysts are positive on Protean eGov Technologies IPO, given the companys unique and niche business area, consistent profitability and positive cash flows. The IPO which opened today will close for subscription on November 8.

Protean eGov IPO: According to websites that track activities in unregulated market, the Protean eGov IPO was commanding a GMP in the range of Rs 111-120 on the upper price band of Rs 792., Markets News, Times Now

Foreign institutional investors offloaded shares worth Rs 12.43 crore, while domestic institutional investors bought Rs 402.69 crore worth of stocks on November 3, provisional data from the National Stock Exchange showed.

The IPO is priced in the range of Rs 57-60. Investors can bid for a minimum of 250 shares and in multiples thereafter.

The price band for the offer, which will close on November 9, has been fixed at Rs 752-792 per share

ASK Automotive IPO | As many as 25 investors participated in the anchor book including marquee names such as Morgan Stanley, Goldman Sachs, Integrated Core Strategies, BNP Paribas Arbitrage, Societe Generale, and Copthall Mauritius Investment.

The Protean eGov Technologies IPO opens for subscription on November 6 and will remain open till November 8.