IT company receives work order worth Rs 1160,00,00,000 from Unique Identification Authority of India (UIDAI)
DSIJ Intelligence-1 / 26 Aug 2025/ Categories: Mindshare, Trending
The stock is up by 28.2 per cent from its 52-week low of Rs 716.50 per share.
Protean eGov Technologies Limited has secured a significant domestic work order from the Unique Identification Authority of India (UIDAI) to act as a Service Provider for Establishing and Running District Level Aadhaar Seva Kendras (ASKs). The project, valued at approximately Rs 1,160 crore (exclusive of taxes), involves setting up and operating ASK centres in 188 districts across India. The company will be responsible for providing appointment-based and walk-in Aadhaar enrolment, update, and other related services. The contract is a public service outsourcing project with an execution period of six years.
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About the Company
Protean eGov Technologies, a leading player in the e-governance sector, has been at the forefront of digitising India. Incorporated in 1995, the company has a rich history of developing and implementing innovative solutions that streamline government processes and enhance citizen services. With a strong focus on citizen-centricity and scalability, Protean eGov has successfully delivered numerous projects across various government ministries and autonomous bodies.
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The company's expertise lies in leveraging technology to transform traditional government services into efficient and accessible digital platforms. Its portfolio includes critical projects such as PAN card issuance, Aadhaar authentication, and the Central Pension System. Protean eGov's extensive network of service centres and strategic partnerships with key stakeholders enable it to reach a wide range of citizens, ensuring seamless delivery of government services. As a market leader in PAN services, the company has a significant market share and processes millions of applications annually. With a strong commitment to innovation and excellence, Protean eGov continues to play a pivotal role in shaping the future of e-governance in India.
The company has a market cap of over Rs 3,600 crore. The stock is up by 28.2 per cent from its 52-week low of Rs 716.50 per share.
Disclaimer: The article is for informational purposes only and not investment advice.