PROTEAN eGOV TECHNOLOGIES IPO Guidance:
The company is one of the key IT-enabled solution companies in India engaged in conceptualizing, developing and executing nationally critical and population scale greenfield technology solutions. It collaborates with the government and has extensive experience in creating digital public infrastructure and developing innovative citizen-centric e-governance solutions.
2. Strong and consistent profitability.
3. Huge potential to expand in overseas Territories.
4. IPO size (net of angle portion) is just Rs. 346.79 Cr.
5. The IPO is very reasonably priced (@PE of 29.89) and leaves large room for listing gains.
6. Must apply. If you donot get allotment, buy on listing-day and offers good scope for gains just like Cams, Kfin etc.
Grey Market Indication
♣ Protean eGov Technologies Mainboard IPO @ Rs 792, 18 Shares
Op.6/11 Cl 8/11 BoA 13/11, Listing 17/11
Premium: Rs.120
Kostak Rs. 1600
Subject to Rs. 24000
Also study our live Analysis @
https://youtu.be/7tvxnSUo1Jo
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