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· Price Band fixed at ₹ 752 to ₹ 792 per Equity Share of face value of ₹ 10 each (“Equity Share”);
· Bid/ Offer will open on Monday, November 06th, 2023 and close on Wednesday, November 08th, 2023.
· Bids can be made for a minimum of 18 Equity Shares and in multiples of 18 Equity Shares thereafter.
· Link:
https://www.bseindia.com/markets/MarketInfo/DownloadAttach.aspx?id=20231103-46&attachedId=93a97227-78f1-49f1-bdca-799504a10976
Protean eGov Technologies Ltd, has allotted 18,12,300 Equity Shares to 18 anchor investors and raised ₹ 143.53 crore ahead of company’s proposed IPO at the upper price band of ₹ 792 per equity share (including premium of ₹ 782 per equity shares) with face value of ₹ 10 per share.
The anchor allocation is as follows:
Sr.
No.
Name of Anchor Investor
No. of Equity Shares Allocated
% of Anchor Investor Portio
Bid Price (₹ per Equity Share)
Total Amount
Allocated (₹)
1
SBI LIFE INSURANCE CO. LTD
2,61,432
14.43
792
20,70,54,144
2
BARODA BNP PARIBAS MULTI CAP FUND
1,30,068
7.18
792
10,30,13,856
3
BARODA BNP PARIBAS BANKING & FINANCIAL SERVICES FUND
17,694
0.98
792
1,40,13,648
4
BARODA BNP PARIBAS BUSINESS CYCLE FUND
50,508
2.79
792
4,00,02,336
5
BARODA BNP PARIBAS ELSS FUND
63,162
3.49
792
5,00,24,304
6
ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED
2,61,432
14.43
792
20,70,54,144
7
BCAD FUND
2,61,432
14.43
792
20,70,54,144
8
ACM GLOBAL FUND VCC
2,61,432
14.43
792
20,70,54,144
9
LIC MF SMALL CAP FUND
12,636
0.70
792
1,00,07,712
10
LIC MF BALANCED ADVANTAGE FUND
31,572
1.74
792
2,50,05,024
11
LIC MF MULTI CAP FUND
37,872
2.09
792
2,99,94,624
12
LIC MF AGGRESSIVE HYBRID FUND
25,254
1.39
792
2,00,01,168
13
LIC MF MID CAP FUND
18,936
1.04
792
1,49,97,312
14
SBI GENERAL INSURANCE COMPANY LIMITED
1,26,270
6.97
792
10,00,05,840
15
GAM MULTISTOCK-EMERGING MARKETS EQUITY
63,150
3.48
792
5,00,14,800
16
LC RADIANCE FUND CC
63,150
3.48
792
5,00,14,800
17
SOCIETE GENERAL -ODI
63,150
3.48
792
5,00,14,800
18
ASTRONE CAPITAL VCC – ARVEN
63,150
3.48
792
5,00,14,800
TOTAL
18,12,300
100.00
1,43,53,41,600
Out of the total allocation of 18,12,300 Equity shares to the Anchor Investors, 3,87, 702 Equity shares (i.e. 21.40 % of the total allocation to the Anchor Investors) were allocated to 2 (Two) domestic mutual funds through a total 9 (Nine) schemes.
Sr.
No.
Name of Anchor Investor
No. of Equity Shares Allocated
% of Anchor Investor Portio
Bid Price (₹ per Equity Share)
Total Amount
Allocated (₹)
1
BARODA BNP PARIBAS MULTI CAP FUND
1,30,068
7.18
792
10,30,13,856
2
BARODA BNP PARIBAS BANKING & FINANCIAL SERVICES FUND
17,694
0.98
792
1,40,13,648
3
BARODA BNP PARIBAS BUSINESS CYCLE FUND
50,508
2.79
792
4,00,02,336
4
BARODA BNP PARIBAS ELSS FUND
63,162
3.49
792
5,00,24,304
5
LIC MF SMALL CAP FUND
12,636
0.70
792
1,00,07,712
6
LIC MF BALANCED ADVANTAGE FUND
31,572
1.74
792
2,50,05,024
7
LIC MF MULTI CAP FUND
37,872
2.09
792
2,99,94,624
8
LIC MF AGGRESSIVE HYBRID FUND
25,254
1.39
792
2,00,01,168
9
LIC MF MID CAP FUND
18,936
1.04
792
1,49,97,312
TOTAL
3,87,702
21.40
30,70,59,984
ICICI Securities Limited, Equirus Capital Private Limited, IIFL Securities Limited and Nomura Financial Advisors and Securities (India) Private Limited are the Book Running Lead Managers to the issue.