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Protean eGov Technologies Limited IPO Message Board (Page 18)

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32. UMESH Goyal |   Link |  Bookmark | November 3, 2023 1:13:27 PM
GMP: 111🚀@12:10 PM (no change)
32.2. UMESH Goyal |   Link |  Bookmark | November 3, 2023 2:12:04 PM
Bhai i am from South and I am able to trade at 110-111 premium but no seller
32.3. Param Patel |   Link |  Bookmark | November 3, 2023 8:02:22 PM
IPO Mentor IPO Mentor (700+ Posts, 400+ Likes)
Live bhav 180-185
31. UMESH Goyal |   Link |  Bookmark | November 3, 2023 8:02:16 PM
GMP: 190🚀@7:00 PM
30. Hrishikeh |   Link |  Bookmark | November 3, 2023 2:35:50 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Noob question
Why this is listing only on BSE and not on NSE aswell?
30.1. Pandit Ji |   Link |  Bookmark | November 3, 2023 3:15:33 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Promoted by NSE, thats why.. listing guidelines do not permit listing on Promoter platform for some time, BSE and CDSL were listed only on NSE initially
29. Market Advisor |   Link |  Bookmark | November 2, 2023 7:40:43 AM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Only Company that handles PAN CARD related all activities....
Really छुपा रुस्तम
Apply FF
29.4. Market Advisor |   Link |  Bookmark | November 3, 2023 12:14:43 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
@newgen consultancy 
Off topic
Your advice for Somany ceramic buy back plz..
29.5. RealQueen |   Link |  Bookmark | November 4, 2023 8:54:27 PM
There are RPU and FVU software that generate FVU file offline for filing TDS return online. I have to download new version of software every quarter to generate FVU file. So, NSDL is a customer of the company.
28. UMESH Goyal |   Link |  Bookmark | November 2, 2023 11:11:48 PM
GMP :110-113 🚀 as on 02-11-2023 @ 10:10 pm
27. hu bhikhari |   Link |  Bookmark | November 2, 2023 7:37:54 PM
will i be able to sell this ipo in Nse as only nse is activated with my broker?!
27.1. Justalearner |   Link |  Bookmark | November 2, 2023 9:07:59 PM
IPO Mentor IPO Mentor (700+ Posts, 500+ Likes)
No...it will only get listed on BSE
27.2. k l patel |   Link |  Bookmark | November 3, 2023 3:47:40 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
request your broker to activate BSE also
26. ramsita |   Link |  Bookmark | November 2, 2023 9:22:37 AM (300+ Posts)
GMP क्या है....
26.1. Sahil K |   Link |  Bookmark | November 2, 2023 12:18:07 PM
111
25. newgen consultancy |   Link |  Bookmark | November 1, 2023 5:33:38 AM
IPO Guru IPO Guru (3400+ Posts, 6500+ Likes)
Don't know why @ultrasnow Has no tag on his name .

648 messages
998 likes
2427 days

Why he isn't a Tag holder
25.7. ultrasnow |   Link |  Bookmark | November 2, 2023 12:37:11 AM
@MuStrFc The reasons can be personal. Any member can opt to get the guru/mentor/contributor tag removed by writing to the admins. You will observe that quite a few members have opted to do so.
25.8. k l patel |   Link |  Bookmark | November 3, 2023 3:46:19 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
@ultrasnow sir, tag will be useful in differentiating real one from duplicate accounts when duplicates use similar looking names
24. newgen consultancy |   Link |  Bookmark | November 1, 2023 9:17:07 PM
IPO Guru IPO Guru (3400+ Posts, 6500+ Likes)
IPO Bound Muthoot Microfinance reports
Q2 Earnings

The PAT Jumps From 4.5 cr In Q2-23 to whopping 110 cr in Q2-24

Excited for this IPO
24.1. shri kishan meena |   Link |  Bookmark | November 1, 2023 9:25:00 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
Shareholders quota chances
24.2. MuStrFc |   Link |  Bookmark | November 1, 2023 9:49:12 PM
IPO Guru IPO Guru (3000+ Posts, 2400+ Likes)
@shri kishan meena Less chances for Shareholders quota.
23. IPO jarur lagega |   Link |  Bookmark | November 1, 2023 9:00:07 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Must apply IPO 👍👍
22. IPO smart |   Link |  Bookmark | November 1, 2023 9:03:26 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Protean eGov Technologies sets IPO price band at Rs 752-792.
21. Ronak.Patel |   Link |  Bookmark | October 31, 2023 2:51:46 PM
What is expected Issue size and Price band?
21.2. newgen consultancy |   Link |  Bookmark | November 1, 2023 5:24:37 AM
IPO Guru IPO Guru (3400+ Posts, 6500+ Likes)
Price Band Officially Declared

752-792
Issue size : 490.3 cr

M.cap on upper band : 3203.4 cr

PE : 29.93

The lead managers are very smart
उनको ना बिकने वाला माल बेचते आता है

I had previously Commented that if the PE is below 30 , Small gains can be expected
They have respected retailers mindset

The strategy will be simple
This stock will be treated like BSE , CDSL , MCX , KFIN , CAMS Means will hold this stock till the monopoly stocks like mentioned above are in bull run or the stock price touches a PE of around 34-36 which comes at around 955
Whichever is EARLIER

The reason is Simple , Mutual Funds and FII's wants to grab the stocks which are monopolistic in nature and made for a long run even if their quality and growth is not consistent .

Also I don't think this company deserves a PE of above 35 .
Reason is Simple it used to make a PAT of Around 140 cr in 2018 and now in 2023 it made 107 cr , so no growth and even the Q1 is not that good.

I also believe Allotment chances will be good here . More tracxn will not be seen here but in post listing big Moves can be seen .
21.3. newgen consultancy |   Link |  Bookmark | November 1, 2023 5:47:57 AM
IPO Guru IPO Guru (3400+ Posts, 6500+ Likes)
Further Details :

Listing on BSE Only

Retail Forms - 117464 ( 167.5 cr )
SHNI - 1119 ( 23.9 cr )
BHNI - 2327 ( 47.8 cr )

This is a professionally managed company so no identifiable promoters.
20. Pratham |   Link |  Bookmark | October 31, 2023 7:04:18 PM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Much awaited ipo
but cdsl growth much better as compared to formerly nsdl.
20.6. Seth. |   Link |  Bookmark | November 2, 2023 9:27:24 PM
IPO Guru IPO Guru (1200+ Posts, 600+ Likes)
@newgen consultancy Thanks bhai for clear explanation.
Majority people mis understanding and confused it as a NSDL ipo but you given clarity on that 👍
20.7. Chivitra |   Link |  Bookmark | November 2, 2023 10:47:52 PM
Many thanks @newgen consultancy Sir for crisp and clear bifurcation
19. IPOHUB |   Link |  Bookmark | October 31, 2023 2:29:48 PM
Protean eGov Technologies IPO (Dates Confirmed)
Dates: 06 Nov - 08 Nov 2023

ASK Automotive IPO (Dates Confirmed)
Dates: 07 Nov - 09 Nov 2023
19.2. newgen consultancy |   Link |  Bookmark | October 31, 2023 7:22:26 PM
IPO Guru IPO Guru (3400+ Posts, 6500+ Likes)
1 more IPO is coming
Hope they are shifting the dates
19.3. shri kishan meena |   Link |  Bookmark | October 31, 2023 7:34:26 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
Tentative dates 8-10 nov
Hope I maybe wrong
Guess
18. raviagjpr |   Link |  Bookmark | October 31, 2023 2:28:15 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Dates final

17. newgen consultancy |   Link |  Bookmark | October 29, 2023 12:17:53 PM
IPO Guru IPO Guru (3400+ Posts, 6500+ Likes)
This IPO must get final in next 2-3 days
17.1. newgen consultancy |   Link |  Bookmark | October 31, 2023 2:36:57 PM
IPO Guru IPO Guru (3400+ Posts, 6500+ Likes)
RHP Officially Filed
6-8 November
Around 500 cr Issue
16. newgen consultancy |   Link |  Bookmark | October 26, 2023 1:44:06 PM
IPO Guru IPO Guru (3400+ Posts, 6500+ Likes)
Many IPO's can reschedule their timelines due to bad market conditions
But Protean cannot do this
This IPO is expiring on 11 November

Technically 4 th November
So if it wants to come it must file RHP till 1 st November
16.1. Hemarajsinh |   Link |  Bookmark | October 26, 2023 10:37:50 PM
Sir Ji,

What happened if company do not file RHP and IPO expire.

Where is this detail mentioned in DRHP?(EXPIRY DATE)
16.2. newgen consultancy |   Link |  Bookmark | October 26, 2023 11:20:16 PM
IPO Guru IPO Guru (3400+ Posts, 6500+ Likes)
If The date is Lapsed then the company has to file DRHP again and wait for SEBI Observation ( Nod ) for 4 more months

It is not specifically mentioned anywhere
I will share that list , Don't worry
15. Sanghadeep |   Link |  Bookmark | October 26, 2023 8:00:05 AM
We are interested above ipo...
14. Singla |   Link |  Bookmark | October 22, 2023 10:01:53 PM
@newgen consultancy sir, Aapse kaise connect kr skte hain ?? Any email communication or anything else ? #Upcoming IPO and study
14.11. SONMAYA |   Link |  Bookmark | November 1, 2023 12:15:06 PM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
LET ME TELL NEWGEN CONSULTANCY SIR IS UNIQUE MEMBER...WITHOUT ANY PERSONAL INTEREST SHARING HIS VIEWS AND NEWS...FOR CG FAMILY MEMBERS WITHOUT PERSONAL INTEREST.
THIS IS WHAT MAKE HIM UNIQUE MEMBER ON THIS BOARD GOD BLESS HIM AND HE KEEPS SHARING HIS ALL INFORMATION. AND HIS VIEWS AND NEWS ARE MOST IMPORTANT FOR MEMBERS
14.12. Safe Bet |   Link |  Bookmark | November 1, 2023 5:57:27 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
@newgen consultancy  Hats of Sir ji For your considerate & whole hearted guidance to all on the forum, Your simplicity and knowledge really impresses me.
Keep up the good work!
13. newgen consultancy |   Link |  Bookmark | October 19, 2023 11:19:58 AM
IPO Guru IPO Guru (3400+ Posts, 6500+ Likes)
Last week of this month
13.3. Singla |   Link |  Bookmark | October 20, 2023 5:35:50 PM
@newgen consultancy bhai you are from which city ?Is it possible to connect to connect to on some other communication platform ?
I am a practicing chartered accountant based in delhi.
13.4. shri kishan meena |   Link |  Bookmark | October 20, 2023 10:20:48 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
Isme shareholders konse shares h sir ji??? Plain explain clear
Thanks adv