IPO Synopsis

Protean eGov Technologies Ltd

Registered Office: Times Tower 1st Flr Kamala Mil,Senapati Bapat Marg LowerParel, Mumbai - 400013, Maharashtra, India. Phone : +91 22 4090 4242   Fax: Email : cs@proteantech.in Website :www.proteantech.in

Initial public offer of 6,191,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Protean eGov Technologies Limited ("Company") for cash at a price of Rs. 792 per equity share ("Offer Price") aggregating to Rs. 489.95 crores (the "Offer") through an offer for sale of 459,617 equity shares by 360 one special opportunities fund (formerly known as iifl special opportunities fund) aggregating to Rs. 36.37 crores, 320,177 equity shares by 360 one special opportunities fund - series 2 (formerly known as iifl special opportunities fund - series 2) aggregating to Rs. 25.34 crores, 148,197 equity shares by 360 one special opportunities fund - series 3 (formerly known as iifl special opportunities fund - series 3) aggregating to Rs. 11.73 crores, 396,843 equity shares by 360 one special opportunities fund - series 4 (formerly known as iifl special opportunities fund - series 4) aggregating to Rs. 31.41 crores, 309,225 equity shares by 360 one special opportunities fund - series 5 (formerly known as iifl special opportunities fund - series 5) aggregating to Rs. 24.47 crores, 243,175 equity shares by administrator of the specified undertaking of the unit trust of india aggregating to Rs. 19.25 crores, 1,783,395 equity shares by nse investments limited aggregating to Rs. 141.14 crores, 705,674 equity shares by hdfc bank limited aggregating to Rs. 55.85 crores, 712,077 equity shares by axis bank limited aggregating to Rs. 56.34 crores, 712,077 equity shares by deutsche bank a.g. aggregating to Rs. 56.35 crores, 400,543 equity shares by union bank of india aggregating to Rs. 31.70 crores (the "Selling Shareholders") and such equity shares offered by the selling shareholders, the ("Offered Shares"). The offer included a reservation of 150,000 equity shares, aggregating to Rs. 10.76^ croress constituting 2.48% of the post-offer paid-up equity share capital, for subscription by eligible employees ("Employee Reservation Portion"). The company and selling shareholders, in consultation with the book running lead managers, has offered a discount of Rs. 75 per equity share to the offer price to eligible employees bidding under the employee reservation portion ("Employee Discount"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constitute 15.31% and 15.18% respectively of the post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 10 each. The offer price is 79.20 times the face value of the equity shares. ^A discount of Rs. 75 per equity share was offered to eligible employees bidding in the employee reservation portion. Anchor investor offer price: Rs. 792 per equity share of face value of Rs. 10 each. Offer price: Rs. 792^ per equity share of face value of Rs. 10 each the offer price is 79.20 times of the face value of the equity shares. ^A discount of Rs.75 per equity share was offered to eligible employees bidding in the employee reservation portion. Issue Opens On Closes On 06-Nov-23 08-Nov-23 Money Payable On Application Allotment 792.00 0.00 Minimum Application for shares in Nos : 18 Further Multiples of : 18 Cr Lead Managers to the Issue Project Cost (.Cr) 0.00 Equirus Capital Pvt Ltd Project Financed through Current Offer (.Cr) 489.95   Post Issue Equity Share Capital (.Cr) 40.45 Issue Price () 792.00

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