The Prostarm Info Systems Limited IPO is opening for subscription on 27 May 2025 and will close on 29 May 2025. This is a mainboard IPO raising ₹168 crore from fresh issue of 1.6 crore equity shares.
The Prostarm Info Systems IPO allotment date will be decided on Friday, 30 May 2025. Prostarm Info Systems shares will be tentatively listed on NSE and BSE on Tuesday, 3 June 2025.
The Prostarm Info Systems price band has been set between ₹95 and ₹105 per share. The lot size decided for the IPO is 142 shares, which makes the minimum investment for the retail investors ₹13490. However, if you want to avoid the oversubscription rush, then bidding at the cutoff price would be advisable, and that would make the minimum investments as ₹14910. The sNII has to subscribe to at least 14 lots, making the minimum investment as ₹208740, while the bNII needs to subscribe to at least 68 lots, which would be worth ₹1013880.
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Prostarm Info Systems NSE BSE IPO Details
Detail | Information |
IPO Opening Date | May 27, 2025 |
IPO Closing Date | May 29, 2025 |
Tentative IPO Listing Date | June 3, 2025 |
Face Value | ₹10 per share |
Price Range | ₹95 to ₹105 per share |
Lot Size | 142 shares |
Total Issue Size | 16000000 Shares (₹168 Cr.) |
Fresh Issue | 16000000 Shares (₹168 Cr.) |
IPO Segment | Book Building IPO |
Listing At | NSE & BSE |
Shareholding Pre-Issue | 42874592 shares |
Shareholding post-issue | 58874592 shares |
Prostarm Info Systems Limited | Company Overview
Prostarm Info Systems Limited started its journey in 2008 as a business engaged in manufacturing, designing, and selling equipment for power conditioning and energy storage. These are called power solution products in which Prostarm deals in. The products include –
- UPS systems
- Inverter systems
- Solar hybrid inverter systems
- Voltage stabilizers
- Lithium-ion battery packs
- Rooftop solar power plant on an EPC basis
There products are manufactured in-house and they keep the quality super high. they also have tie ups with other manufacturers.
They also offer post-sale services, maintenance, and have annual maintenance contracts as well.
The company serves multiple industries –
- Healthcare
- Aviation
- BFSI
- Defence
- Education
- IT
- Renewable energy
- Oil & gas
- Security
- Railways
- BFSI
- Research
The top clientele of the firm includes –
- Airports Authority of India
- Central Public Works Department, Patna
- West Bengal Public Health Engineering Department
- West Bengal Electronic Industry Development Corporation Limited
- Telangana State Technology Services Limited
- RailTel Corporation of India
- NTPC Vidyut Vyapar and Nigam Limited
They have 21 branches and 2 storage facilities across 18 states and one union territory as of May 17 2025.
Prostarm Info Systems Limited IPO | Key Details
- Prostarm Info Systems IPO Opening Date: May 27, 2025,
- Prostarm Info Systems IPO Closing Date: May 29, 2025.
- Allotment Date: May 30, 2025
- Price Band: ₹95 to ₹105 per share
- Lot Size: 142 shares
- Refunds Initiated: June 2, 2025
- Shares Credited to Demat: June 2, 2025
- Listing Date: June 3, 2025
Prostarm Info Systems Ltd: Financial Overview
Prostarm Info Systems Limited PAT grew by 17.8% in FY24, from a 11.6% rise in the revenue.
Here are the details of the financials of the firm –
Amounts in ₹ Crore
Financial Information | 31-Mar-24 | 31-Mar-23 | Change | Change (%) |
Assets | 203.05 | 155.39 | 47.66 | 30.67121436 |
Revenue | 259.23 | 232.35 | 26.88 | 11.56875403 |
Profit After Tax | 22.8 | 19.35 | 3.45 | 17.82945736 |
Net Worth | 84.3 | 61 | 23.3 | 38.19672131 |
Reserve & Surplus | 41.42 | 18.13 | 23.29 | 128.4611142 |
Total Borrowing | 43.47 | 24.85 | 18.62 | 74.92957746 |
Prostarm Info Systems Ltd IPO | FAQs
Prostarm Info Systems Ltd is engaged in designing, manufacturing, maintaining and selling power conditioning equipment, and energy storage products.
The tentative IPO listing date of Prostarm Info Systems has been fixed as Tuesday, 3 June 2025.
The bidding date for the Prostarm Info Systems IPO is May 27, 2025, and it will continue until May 29, 2025.
The minimum IPO lot size for Prostarm Info Systems is 142 shares, and for sNII it is 14 lots, for bNII it is 68 lots.
The IPO allotment is expected to be finalized on Friday, May 30, 2025.
The IPO face value is set at ₹10 per share.
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