Prostarm Info Systems Ltd IPO
Price Range
₹95 - ₹105
-
Min. Quantity
142 Shares
Closes on
29 May 2025
-
Min. investment
₹14,910
Prostarm Info Systems Ltd IPO Timeline
| Event | Date |
|---|---|
| Prostarm Info Systems Ltd IPO Opening Date | 27 May 2025 |
| Prostarm Info Systems Ltd IPO Closing Date | 29 May 2025 |
| Basis of Allotment | 30 May 2025 |
| Initiation of Refunds | 2 June 2025 |
| Credit of Shares to Demat | 2 June 2025 |
| Prostarm Info Systems Ltd IPO Listing Date | 3 June 2025 |
Prostarm Info Systems Ltd IPO Details
| Prostarm Info Systems Ltd IPO Date | 27 May 2025 to 29 May 2025 |
| Prostarm Info Systems Ltd IPO Face Value | ₹10 per share |
| Prostarm Info Systems Ltd IPO Price | ₹95 to ₹105 per share |
| Prostarm Info Systems Ltd IPO Lot Size | 142 |
| Issue Size | Shares of ₹10 (aggregating up to ₹168 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹168 Cr) |
| Offer for Sale | - |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 32,00,000 of the Net Offer |
| Retail Shares Offered | Not less than 56,00,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 24,00,000 of the Net Offer |
| Company Promoters | Ram Agarwal, Sonu Ram Agarwal, Vikas Shyamsunder Agarwal |
Prostarm Info Systems Ltd IPO Lot Size
The Prostarm Info Systems Ltd IPO lot size is 142 shares. A retail-individual investor can apply for up to 13 lots (1,846 shares or ₹1,93,830).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 142 | ₹14,910 |
| Maximum | 13 | 1,846 | ₹1,93,830 |
- Strengths
- Risks
- Opportunities
- Experienced Promoters and Management team.
- Well established infrastructure with technologies
- Wide geographical presence and distribution network
- Scalable business model with wide portfolio of clients across various industries.
- We believe that our diversified product portfolio helps us retain our customers and strengthen our cross-selling efforts across product portfolios
- Existing relationship with clients.
- Wide array of quality products and services.
Company Financials
Prostarm Info Systems Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 244.2 | 347.78 | 30.51 |
| 03-2024 | 200.38 | 257.35 | 23.96 |
| 03-2023 | 146.39 | 231.21 | 20.61 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding working capital requirements of the company
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
- Acquisition of further stake of its subsidiary to make it a wholly owned subsidiary
- General corporate purposes
Prostarm Info Systems Ltd IPO Promoter Holding
| Pre Issue Share Holding | 28.83% |
| Post Issue Share Holding | 21% |
Prostarm Info Systems Ltd IPO Subscription Status (Bidding Detail)
The Prostarm Info Systems Ltd IPO is subscribed 97.2001 times on 29 May 2025 05:00:00 PM. The public issue subscribed 39.4925 times in the retail category, 104.4857 times in the QIB category, and 222.1371 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 104.4857 | 222.1371 | 39.4925 | - | 97.2001 |
Prostarm Info Systems Ltd IPO Prospectus
Prostarm Info Systems Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | BSE, NSE |
| ISIN | INE0BX301013 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Plot No. EL 79 Electronic ZoneTTC MIDC Mahape Navi Mumbai,Thane-400710
Phone: 022 45280500
Email: cs@prostarm.com
Website: www.prostarm.com
Prostarm Info Systems Ltd IPO Registrar
Prostarm Info Systems Ltd IPO Lead Manager(s)
- Choice Capital Advisors Pvt Ltd
How to Check the Allotment Status of Prostarm Info Systems Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Prostarm Info Systems Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Prostarm Info Systems Ltd IPO
Prostarm Info Systems Limited (erstwhile Prostar Micronova Power Systems Private Limited) was originally incorporated on January 11, 2008 as a Private Limited Company. Subsequently, Company was converted into Public Limited Company and name was changed to 'Prostar Micronova Power Systems Limited' on May 26, 2017. Further, the Company changed its name pursuant to Shareholders' Resolution on July 10, 2017 and Name of the Company was changed to 'Prostarm Info Systems Limited' pursuant to Fresh Certification of Incorporation dated July 28, 2017 by Registrar of Companies, Pune.