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Indian digital public infrastructure giant Protean launches IPO
Nov. 6, 2023, 6:14 p.m. | Masha Borak
Biometric Update www.biometricupdate.com
Indian e-governance and digital public infrastructure company Protean eGov Technologies Limited launched its IPO for subscription on Monday. The IPO was fully subscribed on the first day of its offering but remains open until Wednesday, November 8, LiveMint reports.
The company is hoping to raise 4.9 billion rupees (US$58.8 million) from the capital markets which is a complete offer for sale (OFS). The price band for the offer has been fixed at 752 to 792 rupees US$9.04 to US$9.52) …
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