Protean eGov Technologies closes with 11.5% gains on debut despite flat start
Protean eGov Technologies traded with volume of 59.36 lakh shares on the BSE.
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Protean eGov Technologies traded with volume of 59.36 lakh shares on the BSE.
IREDA IPO | The 67.19-crore shares IPO comprises a fresh issue of 40.32 crore equity shares by the company and an offer-for-sale of 26.88 crore shares by the Government of India.
The first week of the Samvat 2080 is likely to remain positive amid consolidation, with focus on inflation numbers from the US and India, evolving dynamics of global markets, falling oil prices and speech by Federal Reserve officials
Protean eGov Technologies IPO | At the upper end of the price band of Rs 752-792 per share, it is valued at a PE (price-to-earnings ratio) of 29.9 times its FY23 numbers and the market capitalisation is Rs 3,203 crore.
While the main board segment has no issues lined up for the week beginning November 12, the SME segment has only one IPO set to hit the Street next week