Protean eGov Tech sets price band at Rs752-792/ share

New Delhi: Protean eGov Technologies (formerly known as NSDL E-Governance Infrastructure) on Wednesday fixed a price band of Rs752-792 per share for its Rs 490-crore initial public offering.

The maiden public issue that will open for subscription on November 6, will conclude on November 8 and the anchor book of the offer will be opened for a day on November 3, the company said in a statement. The public issue is purely an offer-for-sale (OFS) by existing shareholders. The OFS size has been reduced to 61.91 lakh equity shares from 1.28 crore equity shares planned earlier.