Protean eGov Technologies Limited IPO Message Board (Page 16)

BHNI 35 x
SHNI 30 x
Retail Not more than 15 times.

Above figures are anticipated subscription.

I think retail will not even cross 10 times

Can anyone please tell expected subscription in each category? So that we can plan the funds accordingly.

Latest gmp

will it list only in BSE? not in NSE?

Yes since NSE is holding shares of Protean..

ASK AUTO is better than
eprotean ipo
Not only Allotment chances but gain also

dividend yield is only 1.25% (rs.10 per yr), not impressive

helppost
Which one to choose for good listing gains!!
1) protean gov
2) Ask automotive

With the anchor book release, i would prefer for ASK Automotive

Thank you !!

360 One (formerly IIFL) Special Opportunity fund, series 2, series 3, series 4, series 5 had done acquisition at INR 950.10 and now offering to sell this 16,34,059 shares spread across various schemes at an price upper band at INR 792 with and actual loss of INR 25,81,81,322 (Twenty five crore Eighty one Lakhs Three Hundred Twenty two)

Can someone explain why they have to sell at loss ?

unable to find the date of their purchase and process in RHP...
if anyone find the page number of IIFL Purchase detail?

​@Amit Surana 16 Feb 2018 is the buying date

This investment is going to be Boring 20% CAGR investment

I had read its P&L , Balance Sheet , CFS And ..

One thing is noticed that there financials are not On Balanced / Systematic Manner
Many Inconsistencies were observed

Like Increase in Employee Benefit Expences which were around 75cr for last 3-4 years ,
Went to 130 cr in FY23
And See It's Q1 24 : 39 cr
So FY24 approx. 150 cr which is almost more than double from previous year

It's PAT of Q1 24 Is 32 cr
So it would be around 130 cr In FY24 considering A Slug H2 and Strong Q2

Let's come to Valuation metrics
FY 23 : 29.9

FY 24 : Expected PAT - 130 cr
PE : 24.6

Valuations are OK , never Expensive

Investors like Us would just apply here for 20% listing gains and then Go away and never come again

But Mutual Funds and Foreign Pension Scheme Houses like such Businesses and they would try Grabbing this

I am Personally thinking to apply for around 20% quick bucks and Hold for some more time so that weak hands are removed and MF'S grab it and it moves like a Low liquidity stock giving some good upside

I would Exit this one above 1050

Ideal suggestion would be applying just for listing gains or Could switch to ASK
I know the valuations are expensive but Yes , It will grow and Justify in Coming Quarters

But In Protean , Very Low hopes for atleast till FY24 end

Happy investing 😀

​@newgen consultancy Thanks Sir for in depth & clear cut view. Not related to this page but still asking your suggestion on Transteel, whether to hold or sell. Please help 🙏

Here too definitely applying, all things considered.

Keep minting!

Now new from  @abc xyz

No news of abc_xyz.

I am not looking for NEWS about ABC XYZ.
But, msgs posted from ID ABC XYZ.

Don't know what happened here

From 190 to now struggling to sustain 90

Also Trades are not Coming in Good Volumes
Very Small Trades

76-81

Hammering one side 🔨🔨🔨

​@MAMU This is government company so apply or avoid??

It's a private company
No Government Intervention in Operations
Just Contracts received from Government

Can someone provide information about post issue Promotor holding and who are the major Shareholders?

​  @MuStrFc 
Thanks for for your reply.

You can check Zee buisness interview

Which bank provides online ASBA facility in current account ?

Nearly all big banks provide asba facity through internet banking
I personally us bob

GMP Falls to 95-99

Sir this is government company so should we apply or avoid

Protean is a technology contributor to ONDC.
Whether anyone from CG members used/using ONDC platform ?? How much succesfull is ONDC ??
Whether Protean will be a boring dividend paying company ??

​@Liger Sir chances of negative listing kitne h??

​@Elon Maast 

Nope until and unless panic created by market, operator or mass retailers on listing day.

Not that much interesting to apply for.

Should be apply
No risk

I am expecting some Cybersecurity related companies to go public soon
It's a golden time to file Draft Papers and Go public in H125

Specially Firms like Inspira Enterprises could lead the list

It's a data analytics company which has raise 600 cr from Private market shelving IPO plans
Atleast for this year , Course 5 IPO is tough
Also Financials are not impressive

Inspira Enterprises is an ideal IPO contender

Thanks for quick response

How much subscription is expected in BHNI?

​@newgen consultancy Sir why gmp dropped to 120

So Bad game was done in Grey
Just Artificial Inflation

It will be listing at a 15-18% around Premiums ,
Tough beyond that