Prostarm Info Systems IPO Details
MAINBOARD
Prostarm Info Systems IPO opens for subscription on 27 May 2025 and closes on 29 May 2025. The IPO will be listed on NSE, BSE with the tentative listing date set for 03 Jun 2025.
Prostarm Info Systems IPO price band has been fixed at ₹95 – ₹105 per share.The face value is ₹10 per share with a lot size of 142.
Prostarm Info Systems IPO total issue size comprises 1,60,00,000 shares (aggregating up to ₹168.00 Cr). This includes a fresh issue of 1,60,00,000 shares (aggregating up to ₹168.00 Cr). Pre-issue shareholding stands at 4,28,74,592, which will increase to 5,88,74,592 post-issue.
Prostarm Info Systems IPO carries a ₹12 (11.43%) GMP, reflecting investor sentiment.
Prostarm Info Systems IPO Lot Size : Retail Minimum is 1 lot (142 shares) amounting to ₹14,910. Retail Maximum is 13 lots (1,846 shares) amounting to ₹193,830. SHNI Minimum is 14 lots (1,988 shares) amounting to ₹208,740. SHNI Maximum is 67 lots (9,514 shares) amounting to ₹998,970. BHNI Minimum is 68 lots (9,656 shares) amounting to ₹1,013,880.
The Lead Managers for Prostarm Info Systems IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Choice Capital Advisors Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Prostarm Info Systems Limited RHP.
Prostarm Info Systems IPO Details
Prostarm Info Systems IPO Subscription
Prostarm Info Systems IPO Application Wise Breakup (Approx)
Prostarm Info Systems IPO Dates
- 27 May 2025Opening dateOpen
- 29 May 2025Closing dateClose
- 30 May 2025Allotment Date Allotment
- 02 Jun 2025Initiation of RefundsRefund
- 02 Jun 2025Credit of SharesCredit
- 03 Jun 2025Listing dateListing
Prostarm Info Systems IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 142 | ₹14,910 |
| Retail Maximum | 13 | 1846 | ₹193,830 |
| SHNI Minimum | 14 | 1988 | ₹208,740 |
| SHNI Maximum | 67 | 9514 | ₹998,970 |
| BHNI Minimum | 68 | 9656 | ₹1,013,880 |
Prostarm Info Systems IPO Reservation
Promoter Holding
Prostarm Info Systems IPO Valuations
Prostarm Info Systems Financial Information
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 230.04 | 203.05 | 155.39 | 98.03 |
| Revenue | 270.27 | 259.23 | 232.35 | 172.05 |
| Profit After Tax | 22.11 | 22.80 | 19.35 | 10.87 |
| Net Worth | 107.24 | 84.30 | 61.00 | 40.95 |
| Reserves and Surplus | 64.37 | 41.42 | 18.13 | 31.87 |
| Total Borrowing | 60.37 | 43.47 | 24.85 | 3.21 |
| Amount in ₹ Crore | ||||
About Prostarm Info Systems IPO
Incorporated in January 2008, Prostarm Info Systems Limited is an Indian company specialising in designing, manufacturing, and selling Energy Storage and Power Conditioning Equipment, known as "Power Solution Products."
The company manufactures various Power Solution Products, including UPS systems, inverter systems, solar hybrid inverter systems, lithium-ion battery packs, and voltage stabilisers.
The company offers customised and standard products, produced in-house and through contract manufacturers. Additionally, they sell third-party batteries and provide reverse logistics, end-of-life disposal services for UPS systems and batteries, and other related products. The company also execute rooftop solar power plant projects in India on an EPC basis.
The services of the company include installation, rental options, and after-sales support, such as warranty, post-warranty care, and Annual Maintenance Contracts (AMC), enhancing the value of our products for diverse customers.
The company serves diverse industries, including healthcare, aviation, research, BFSI, railways, defence, security, education, renewable energy, IT, and oil & gas.
The company's clientele includes the Airports Authority of India; Central Public Works Department, Patna Bihar; Public Works Department, New Delhi; West Bengal Public Health Engineering Department; West Bengal Electronic Industry Development Corporation Limited; Telangana State Technology Services Limited; Railtel Corporation of India Limited; and NTPC Vidyut Vyapar and Nigam Limited
As of May 17, 2025, the company's operations are supported by 21 branch offices and 2 storage facilities across 18 states and 1 union territory in India.
As of March 31, 2025, the company employed a total of 423 permanent staff members and 19 individuals on a contractual basis.
Strength Of Prostarm Info Systems IPO
1. Experienced Promoters and Management team.
2. Well established infrastructure with technologies
3. Wide geographical presence and distribution network
4. Scalable business model with wide portfolio of clients across various industries.
5. We believe that our diversified product portfolio helps us retain our customers and strengthen our cross-selling efforts across product portfolios
6. Existing relationship with clients.
7. Wide array of quality products and services.
Risk Of Prostarm Info Systems IPO
1. The Company has received a show cause notice for alleged violation under the Custom Act, 1962. Any adverse order passed against the company would materially affect its financial condition and business.
2. The company revenue from operations is dependent upon a limited number of customers and the loss of any of these customers or loss of revenue from any of these customers could have a material adverse effect on its business, financial condition, results of operations and cash flows.
3. Disruption in its relationships with third party dealers and distributors, changes in their business practices, their failures to meet payment schedules and provide timely and accurate information could adversely affect its business, operating cash flows and financial condition.
4. The company is heavily dependent on its suppliers and any disruptions in the supply or an increase in prices of materials and components could adversely affect its operations.
5. The company has received show cause notices from regulatory authorities in the past.
6. The company has experienced negative operating cash flows of Rs.1350.31 lakhs, Rs.780.18 lakhs and Rs.1,053.45 lakhs in prior years Fiscal 2023, Fiscal 2024 and in the nine month period ended December 31, 2024, respectively.
7. The company has derived a substantial portion of its revenue from the sale of its UPS System and sale of third party power solution products and other products and loss of sales due to reduction in demand for these products would have a material adverse effect on its business, financial condition, results of operations and cash flows.
8. The Company, Promoters, Directors, Subsidiary, KMPs and SMPs are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.
9. Under-utilization of its manufacturing capacities and an inability to effectively utilize the company manufacturing capacities could have an adverse effect on its business, future prospects and future financial performance.
10. The company has contingent liabilities and its financial condition could be adversely affected if any of these contingent liabilities materializes.
Objectives Prostarm Info Systems IPO
1. Funding working capital requirements of the Company.
2. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
3. Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
Company Contact Details
Prostarm Info Systems Limited
Plot No. EL 79
Electronic Zone, TTC, MIDC,
Mahape Navi Mumbai, Thane
Phone: 022 4528 0500
Email: cs@prostarm.com
Website: https://prostarm.com/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Prostarm Info Systems IPO - FAQs
The Prostarm Info Systems IPO is a MAINBOARD public issue comprising 16000000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹168.00 Cr. The issue price has been fixed at ₹105 per equity share, and the minimum application size is 142 shares.
The IPO opens for subscription on 27 May 2025, and closes on 29 May 2025.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at ₹12 (11.43%).