Prostarm Info IPO Details
Prostarm Info IPO Details, GMP, Date, Subscription, Allotment
Prostarm Info IPO is a Book Building issue of ₹168 Crore, offering about 1.6 Crore to the public.
This IPO is a complete Fresh Issue of 1.6 Crore shares worth ₹168 Crore.
Prostarm Info IPO was subscribed 96.68 times during bidding from 27 May 2025 to 29 May 2025. Allotment was finalized on 30 May 2025, and the shares listed on BSE, NSE on 3 Jun 2025.
Price band for Prostarm Info IPO is ₹95 to ₹105 per equity share. One lot consists of 142 shares. Minimum investment for retail investors is ₹13490. It is recommended to apply at the cutoff price of ₹105 to improve allotment chances.
Retail investors can apply for 1 lot (142 shares) costing ₹14910. NIIs must invest ₹208740 for 14 lots (1988 shares). QIBs need ₹1014880 to apply for 68 lots (9656 shares).
35% of the issue is reserved for retail investors, 15% for NIIs, 20% for QIBs, and 30% of shares were reserved for anchor investors and their bidding date is 26 May 2025.
Prostarm Info Systems Limited reported revenue of ₹259.23 Crores in and ₹270.27 Crores in . It reported a Profit of ₹22.79 Crores in and a Profit of ₹19.34 Crores in after taxes.
Kfin Technologies Limited is the registrar of the Prostarm Info IPO. The book running lead manager is Choice Capital Advisors Private Limited.
Prostarm Info Systems Limited IPO (Prostarm Info IPO) Overview
| IPO Name | Prostarm Info Systems Limited IPO |
| IPO Status | Listed on BSE at INR 125 (+19.04%), NSE at INR 120 (+14.28%) |
| IPO Open Date | 27 May 2025 |
| IPO Close Date | 29 May 2025 |
| Face Value | ₹10 Per Equity Share |
| One Lot Size | 142 Equity Shares |
| Total Issue | 1,60,00,000 Shares (worth up to ₹168 Crore Rs) |
| Fresh Issue | 1,60,00,000 Shares (worth up to ₹168 Crore Rs) |
| Issue Type | Book Building Issue |
| IPO Listing | BSE, NSE |
| Retail Portion | Up to 35% of Net Issue |
| NII Portion | Up to 15% of Net Issue |
| Net QIB Portion | Up to 20% of Net Issue |
| Anchor Portion | Up to 30% of Net Issue |
| DRHP Draft Prospectus | View DRHP |
| RHP Draft Prospectus | View RHP |
| Anchor Investors List | View List |
Prostarm Info IPO Important Dates
The following table gives all important events and their timelines for Prostarm Info IPO.
| Anchor Investors Bid Date | 26 May 2025 |
| IPO Open Date | 27 May 2025 |
| IPO Close Date and Time | 29 May 2025 at 3:15 PM |
| Basis of Allotment | 30 May 2025 at 9:00 PM |
| Refunds | 2 Jun 2025 |
| Credit to DEMAT | 2 Jun 2025 |
| IPO Listing Date | 3 Jun 2025 |
Prostarm Info IPO Investor Reservation
Prostarm Info Systems Limited issued a total 1.6 Crore shares through this IPO. 56 Lakh (35.00%) shares reserved for Retail. 24 Lakh (15.00%) shares for NIIs. 32 Lakh (20.00%) shares for QIBs. 4.8 Lakh (30.00%) shares for Anchor Investors.
| Investor | Shares Reserved | Reservation % |
|---|---|---|
| Retail | 56,00,000 | 35.00% |
| NII | 24,00,000 | 15.00% |
| QIB | 32,00,000 | 20.00% |
| Anchor Investors | 4,80,000 | 30.00% |
| Total | 1,60,00,000 | 100% |
Prostarm Info IPO Lot Amounts
Investors can send applications in lots of 142 shares and in multiples thereof. The minimum amount of retail application of 142 shares (1 lot) is ₹14910 and maximum application amount is ₹193830 for 1846 shares (13 lots). The following depicts the minimum and maximum by Retail, HNI and QIB investors in terms of shares, lots and amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 142 | ₹14910 |
| Retail Maximum | 13 | 1846 | ₹193830 |
| SHNI Minimum | 14 | 1988 | ₹208740 |
| SHNI Maximum | 33 | 1686 | ₹492030 |
| BHNI Minimum | 34 | 4828 | ₹506940 |
| BHNI Maximum | 67 | 9514 | ₹999970 |
| QIB Minimum | 68 | 9656 | ₹1014880 |
About Prostarm Info Systems Limited Company
Established in 2008, the company is engaged in the design, manufacturing, assembly, sale, and service of energy storage and power conditioning equipment in India. Its product portfolio includes UPS systems, inverters, lift inverters, solar hybrid inverters, lithium-ion battery packs, servo-controlled voltage stabilizers (SCVS), isolation transformers, and related solutions. Products are developed in-house as well as through third-party manufacturers.
In addition to its core manufacturing, the company also deals in third-party products such as batteries, solar panels, reverse logistics/end-of-life products, IT assets, and allied items. It also undertakes rooftop solar photovoltaic power plant projects across India on an EPC (Engineering, Procurement, and Construction) basis.
The company provides value-added services including installation, rentals, after-sales support, warranty services, and Annual Maintenance Contracts (AMCs), catering to diverse sectors such as banking, healthcare, aviation, defense, research, education, and IT. Notably, it is an empaneled vendor for several government and public sector entities including Airports Authority of India, RailTel, NTPC Vidyut Vyapar Nigam, and others.
Having started with the sale and installation of third-party power products, the company has evolved into a full-fledged power solutions provider, offering both standard and customized solutions under its own brand.
Prostarm Info Systems Limited Financial Report and Review
| Particulars | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | Review |
|---|---|---|---|---|---|
| Revenue | 270.27 | 259.23 | 232.34 | 172.04 | Good |
| Profit | 22.10 | 22.79 | 19.34 | 10.87 | Good |
| Expenses | 240.69 | 228.27 | 206.15 | 157.07 | Good |
| Assets | 230.00 | 203.00 | 155.38 | 98.02 | Good |
| Networth | 107.24 | 84.29 | 61.00 | 40.95 | Good |
| Borrowings | 60.37 | 13.46 | 24.85 | 3.20 | Good |
Amount ₹ in Crores if not stated separately
Prostarm Info Systems Limited Key Performance Indicators
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 257.87 | 230.36 | 171.30 |
| Revenue from Operations % | 257.87 | 230.36 | 171.30 |
| ROE % | 32.09 | 39.21 | 32.34 |
| ROCE % | 32.41 | 41.45 | 41.27 |
| EBITDA | 36.62 | 29.14 | 16.56 |
| EBITDA Margin % | 14.20 | 12.65 | 9.67 |
| PAT Margin % | 8.84 | 8.40 | 6.35 |
| Debt to Equity Ratio | 0.51 | 0.39 | 0.07 |
| Earnings Per Share (in ₹) | 5.44 | 4.66 | 2.66 |
| Return on Networth % | 32.09 | 39.21 | 32.34 |
| Net Asset Value | 19.66 | 14.23 | 9.55 |
Prostarm Info Systems Limited IPO Peer Group Comparison
| Company | Revenue (₹ Cr) | EBITDA (%) | Net Profit (%) | RoNW (%) | RoCE (%) | Debt-Equity |
|---|---|---|---|---|---|---|
| Prostarm Info Systems Limited | 257.87 | 14.20% | 8.85% | 32.12% | 32.40% | 0.51 |
| Servotech Renewable Power System Limited | 353.68 | 6.32% | 3.34% | 10.50% | 11.40% | 0.51 |
| Sungarner Energies Limited | 17.69 | 11.92% | 6.06% | 16.78% | 17.12% | 0.59 |
Objects of the Prostarm Info IPO Offer
Prostarm Info Systems Limited filed to raise ₹168 Crore Rs funds through Fresh Issue and is about to use the funds on the following objects:
| S. No | Particulars | Amount (₹ in Crores) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 72.5 |
| 2 | Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company | 17.9 |
| 3 | Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes |
Amount ₹ in Crores if not stated separately
Prostarm Info Systems Limited Office Address
Prostarm Info Systems Limited
Plot No. EL 79, Electronic Zone, TTC, MIDC,
Mahape, Navi Mumbai, Thane – 400 710,
Maharashtra, India
Prostarm Info IPO Details FAQs
1. What is the Prostarm Info IPO ?
Prostarm Info IPO is a Book Building issue of ₹168 Crore, offering about 1.6 Crore to the public.
2. What is the Prostarm Info IPO price band and face value per share?
Price band for Prostarm Info IPO is ₹95 to ₹105 per equity share. The face value of each share is ₹10 per equity share.
3. When will Prostarm Info IPO open date for subscription?
Prostarm Info IPO open date for subscription is 27 May 2025 and close date is 29 May 2025 at 3:15 PM.
4. What is the Prostarm Info IPO Investors reservation portions?
The Prostarm Info IPO has allocated 35% for Retail, 15% for NIIs, and 20% for QIBs. 30% of shares are reserved for Anchor Investors.
5. What is the issue size of the Prostarm Info IPO ?
This IPO is a complete Fresh Issue of 1.6 Crore shares worth ₹168 Crore.
6. What is the lot size and the minimum investment for retail, NII, and QIB applicants of Prostarm Info IPO ?
In the Prostarm Info IPO , the minimum investment for Retail investors is 1 lot (142 shares), totaling ₹14910. For NIIs, the investment is 14 lots (1988 shares), amounting to ₹208740. QIBs need ₹1014880 to subscribe to 68 lots (9656 shares) of the Prostarm Info IPO.
7. How to apply for the Prostarm Info IPO ?
One can apply for Prostarm Info IPO through the ASBA via bank account. If the application amount is below ₹5,00,000, they can apply via UPI through their stock brokers like Zerodha, Groww, Paytm Money etc.
8. What is Prostarm Info IPO Lot Size?
Prostarm Info IPO one lot size is 142 equity shares.
9. What is the Prostarm Info IPO Allotment Date?
Prostarm Info IPO Allotment Date is 30 May 2025.
10. What is the Prostarm Info IPO Listing Date?
Prostarm Info IPO listing date is 3 Jun 2025.