Protean eGov Technologies: Stock jumps 12% after receiving ₹1,110 Cr order from UIDAIProtean eGov Technologies: Stock jumps 12% after receiving ₹1,110 Cr order from UIDAI

Introduction

Leading digital services provider has secured a work order worth about Rs 1,160 crore from UIDAI. The six-year project involves setting up and running Aadhaar Seva Kendras in 188 districts across India.

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Share price movement of Protean eGov

On August 26, 2025, Protean eGov Technologies Ltd opened at ₹870.05, up from its previous close of ₹818.20. The stock reached a high of ₹918.50 and a low of ₹870.05. By 10:16 AM, it traded at ₹881.00, a 7.68% increase, with a market cap of ₹3,572.30 crore.

Protean eGov Wins Rs 1160 Crore UIDAI Order

Protean eGov Technologies Limited announced that it received a work order from the Unique Identification Authority of India on August 25, 2025. The order is for establishing and running District Level Aadhaar Seva Kendras across 188 districts.

The contract value is approximately Rs 1,160 crore, exclusive of taxes. The company will provide Aadhaar enrolment, update, and other related services at these centers. The project involves both appointment-based and walk-in services.

The duration of the contract is six years. The work order is domestic and falls under outsourcing of public service delivery. The company confirmed there is no related party involvement in this transaction.

Recent news on Protean eGov

As of June 09, 2025, Protean eGov Technologies secured a work order worth about ₹100 crore from Bima Sugam India Federation to develop, implement, and maintain the Bima Sugam Marketplace as its Technology Solution Provider.

Ace investor holding in Protean eGov

Ajay Kumar Aggarwal holds a 1.12% stake in Protean eGov Technologies Ltd, owning 4,52,119 shares valued at ₹40.0 crore.

Stock performance of Protean eGov for Period of 1 week, 6 months, and 1 year

Protean eGov Technologies Ltd delivered an 8.24% return over the past week, declined by 37.0% in the past six months. The stock dropped 59.6% over the past year.

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Shareholding pattern of Protean eGov

Particulars	Jun 2025	Mar 2025	Dec 2024
Promoter	0%	0%	0%
FII	8.80%	10.90%	7.10%
DII	24.80%	27.80%	33.50%
Public	66.50%	61.30%	59.40%

About Protean eGov

Protean eGov Technologies Ltd (NSE: PROTEAN), incorporated in 1995, provides citizen-centric e-governance solutions at a population scale. Formerly NSDL e-Governance Infrastructure Ltd, it focuses on technology-driven services for government and public initiatives.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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