{"id":126712,"date":"2022-01-26T09:06:33","date_gmt":"2022-01-26T14:06:33","guid":{"rendered":"https:\/\/44.250.171.167\/?p=126712"},"modified":"2022-10-05T05:58:13","modified_gmt":"2022-10-05T09:58:13","slug":"ipo-alert-protean-egov-technologies-limited-is-all-set-for-a-public-listing","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/ipo-alert-protean-egov-technologies-limited-is-all-set-for-a-public-listing\/","title":{"rendered":"IPO Alert: Protean eGov Technologies Limited is all set for a public listing"},"content":{"rendered":"\n<p>Information technology services is one of the leading business segments in India and is projected to grow at a compound annual rate of 6-8% by 2026. The industry has witnessed a sharp increase in volumes aided by widespread digitalization, led by the banking, financial services and insurance sectors as well as government agencies.<\/p>\n\n\n\n<p>Protean eGov Technologies, formerly known as NSDL E-Governance Infrastructure, has filed preliminary papers with capital markets regulator SEBI to raise funds through an initial public offering. The public issue involves an offer for sale of about 1.2 crore equity shares, according to the draft red herring prospectus. The company will not receive any proceeds from the offering as the amount will go to selling shareholders.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Company Profile<\/strong><\/h2>\n\n\n\n<p>Protean eGov Technologies is a leading provider of IT-enabled solutions in the country, and is engaged in conceptualizing, developing and executing nationally critical and population-scale greenfield technology solutions. The company, which has extensive experience in creating digital public infrastructure and developing innovative citizen-centric e-governance solutions, has collaborated with the government.<\/p>\n\n\n\n<p>The Mumbai-based company, which started operations as a depository in 1995, created a systemically important national infrastructure for capital market development in India.<\/p>\n\n\n\n<p>The e-governance industry in India is highly competitive. Protean Tech\u2019s competitors include CDSL Ventures Limited, CMS Computer Limited, Computer Age Management Services Limited, CSC E-Governance Services Limited, Karvv Data Management Services Limited, Kfin Technologies Private Limited, Sify Technologies Limited and UTI Infrastructure Technology and Services Limited.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Numbers<\/strong><\/h2>\n\n\n\n<p>In the fiscal period ended June 31, 2021, Protean Tech generated a total income of \u20b9143.1 crores, versus \u20b9107.3 crores in the previous year. The company had a net profit of \u20b910.1 crores, against \u20b911.6 crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The company\u2019s business and revenues are substantially dependent on e-governance and other projects awarded by central and state government establishments, including local authorities and public sector undertakings. Changes in government policies and budgetary allocation could adversely affect the company\u2019s existing and proposed projects as well as its ability to participate in competitive bidding\/negotiations for future projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Information technology services is one of the leading business segments in India and is projected to grow at a compound annual rate of 6-8% by 2026. The industry has witnessed a sharp increase in volumes aided by widespread digitalization, led by the banking, financial services and insurance sectors as well as government agencies. Protean eGov [&hellip;]<\/p>\n","protected":false},"author":83,"featured_media":124093,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1,5748,12,10444,8],"tags":[8248,9822,8532,9050],"class_list":["post-126712","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-stocks","category-ipo","category-other-industries","category-others","category-technology-stocks","tag-ipo","tag-it","tag-technology","tag-technology-services"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":176015,"url":"https:\/\/alphastreet.com\/india\/protean-egov-technologies-ltd-544021-q1-2026-earnings-call-transcript\/","url_meta":{"origin":126712,"position":0},"title":"Protean eGov Technologies Ltd (544021) Q1 2026 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Protean eGov Technologies Ltd (BSE: 544021) Q1 2026 Earnings Call dated Aug. 07, 2025 Corporate Participants: Unidentified Speaker Pushpa Mani \u2014 Vice President, Head Investor Relations Suresh Sethi \u2014 Managing Director and Chief Executive Officer Sandeep Mantri \u2014 Chief Financial Officer Analysts: Unidentified Participant Prakash Kapadia \u2014 Analyst Kamlesh Bagmar\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":176016,"url":"https:\/\/alphastreet.com\/india\/protean-egov-technologies-ltd-544021-q4-2025-earnings-call-transcript\/","url_meta":{"origin":126712,"position":1},"title":"Protean eGov Technologies Ltd (544021) Q4 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Protean eGov Technologies Ltd (BSE: 544021) Q4 2025 Earnings Call dated May. 22, 2025 Corporate Participants: Pushpa Mani \u2014 Vice President and Head, Investor Relations Suresh Sethi \u2014 Managing Director and Chief Executive Officer Sandeep Mantri \u2014 Chief Financial Officer Analysts: Prakash Kapadia \u2014 Analyst Dhruv Shah \u2014 Analyst Rohan\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":176018,"url":"https:\/\/alphastreet.com\/india\/protean-egov-technologies-ltd-544021-q2-2025-earnings-call-transcript\/","url_meta":{"origin":126712,"position":2},"title":"Protean eGov Technologies Ltd (544021) Q2 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Protean eGov Technologies Ltd (BSE: 544021) Q2 2025 Earnings Call dated Oct. 31, 2024 Corporate Participants: Pushpa Mani \u2014 Vice President and Head-Investor Relations Suresh Sethi \u2014 Managing Director and Chief Executive Officer Sandeep Mantri \u2014 Chief Financial Officer Analysts: Kamlesh Jain \u2014 Analyst Amit Goela \u2014 Analyst Rohan Mandora\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":176017,"url":"https:\/\/alphastreet.com\/india\/protean-egov-technologies-ltd-544021-q3-2025-earnings-call-transcript\/","url_meta":{"origin":126712,"position":3},"title":"Protean eGov Technologies Ltd (544021) Q3 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Protean eGov Technologies Ltd (BSE: 544021) Q3 2025 Earnings Call dated Jan. 31, 2025 Corporate Participants: Pushpa Mani \u2014 Investor Relations Suresh Kumar Sethi \u2014 Managing Director, Chief Executive Officer Sandeep Mantri l \u2014 Chief Financial Officer Analysts: Rohan Mandora \u2014 Analyst Sandeep Jain \u2014 Analyst Dhruv Shah \u2014 Analyst\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":126207,"url":"https:\/\/alphastreet.com\/india\/ipo-alert-capillary-technologies-plans-%e2%82%b9850-crore-public-listing\/","url_meta":{"origin":126712,"position":4},"title":"IPO Alert: Capillary Technologies plans \u20b9850-crore public listing","author":"Nishad","date":"January 6, 2022","format":false,"excerpt":"The global SaaS (software as a service) market grew 22% from \u20b93 trillion in 2015 to \u20b98 trillion in 2020, and it is expected to gain 30% and reach around \u20b923 trillion in the next four years. Indian SaaS companies are expected to generate $30 billion in revenue by 2025,\u2026","rel":"","context":"In &quot;IPO&quot;","block_context":{"text":"IPO","link":"https:\/\/alphastreet.com\/india\/category\/ipo\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/07\/iStock-649278704.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":181486,"url":"https:\/\/alphastreet.com\/india\/protean-egov-technologies-ltd-544021-q3-2026-earnings-call-transcript\/","url_meta":{"origin":126712,"position":5},"title":"Protean eGov Technologies Ltd (544021) Q3 2026 Earnings Call Transcript","author":"News desk","date":"February 23, 2026","format":false,"excerpt":"Protean eGov Technologies Ltd (BSE: 544021) Q3 2026 Earnings Call dated Feb. 12, 2026 Corporate Participants: Pushpa Mani \u2014 Vice President, Head Investor Relations Mr. Suresh Sethi \u2014 Managing Director & Chief Executive Officer Mr. Sandeep Mantri \u2014 Chief Financial Officer Analysts: Bajrang Bafna \u2014 Analyst Rohan Mandora \u2014 Analyst\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/126712","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/83"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=126712"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/126712\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/124093"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=126712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=126712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=126712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}