Prostarm Info Systems IPO Date, Price, Allotment Details, Review

Prostarm Info Systems IPO Date, Price, Allotment Details, Review

The Prostarm Info Systems IPO is set to launch in 2025, with the issue closing in 2025. The offering, structured as a Book Built Issue, aims to raise approximately ₹-, comprising a fresh issue of ₹- crores and an offer for sale of up to [-] equity shares, each carrying a face value of ₹10.

The Prostarm Info Systems IPO will be available within a price band of ₹- to ₹- per share, with allocations divided as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-worth Individuals (HNIs). The company plans to list on both the BSE and NSE in 2025, and allotments are scheduled for 2025.

In 2024, the company recorded revenues of ₹259.23 crores, up from ₹232.35 crores in 2023, and its profit rose to ₹22.83 crores from ₹19.35 crores. Based on these financials, IPO investors are advised to consider a long-term investment approach.

Prostarm Info Systems IPO Details

IPO Open Date:2025
IPO Close Date:2025
Face Value:₹10 Per Equity Share
IPO Price Band:₹- to ₹- Per Share
Issue Size:Approx ₹- Crores
Fresh Issue:Approx ₹- Crores
Offer for Sale:Approx [-] Equity Shares
Issue Type:Book Built Issue
IPO Listing:BSE & NSE
Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Prostarm Info Systems IPO Market Lot

The minimum market lot for the Prostarm Info Systems IPO is [-] shares, with an application amount of ₹-. Retail investors can apply up to 13 lots with [-] shares of ₹-.

ApplicationLot SizeSharesAmount
Retail Minimum1₹-
Retail Maximum13₹-
S-HNI Minimum14₹-
B-HNI Minimum68₹-

Prostarm Info Systems IPO Dates

The Prostarm Info Systems IPO will open in 2025, and close in 2025. Allotments will be finalized in 2025, with the shares listed in 2025.

IPO Open Date:2025
IPO Close Date:2025
Basis of Allotment:2025
Refunds:2025
Credit to Demat Account:2025
IPO Listing Date:2025

Prostarm Info Systems IPO Promoters

The following are the promoters of the company:

  • Ram Agarwal
  • Sonu Ram Agarwal
  • Vikas Shyamsunder Agarwal

About Prostarm Info Systems IPO

Prostarm Info Systems stands among the industry’s leading firms, offering state-of-the-art power conditioning equipment for manufacturing, assembly, sales, and service. With deep expertise, the company serves diverse sectors, including education, healthcare, railways, aviation, research, defense, and security.

Their comprehensive power solutions encompass advanced lithium-ion battery packs, servo-controlled voltage stabilizers (SCVS), isolation transformers, UPS systems, inverter systems, lift inverter systems, and solar hybrid inverter systems.

Backed by a robust network of 22 branch offices and 2 storage facilities across 17 states and 1 union territory in India, Prostarm Info Systems has firmly established its presence nationwide.

Financially, the company has shown impressive growth, with revenues rising from ₹17,130.73 Lacs in 2022 to ₹25,787.04 Lacs in 2024. Since its inception, Prostarm Info Systems has been committed to consumer satisfaction and business adaptability, continually evolving to meet its clients’ needs.

Prostarm Info Systems IPO Company Financial Report

In 2024, the company achieved revenue of ₹259.23, up from ₹232.38 crores in 2023, while its profit increased to ₹22.83 crores in 2024, compared to ₹19.35 crores in 2023.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹172.05₹157.08₹10.87₹98.03
2023₹232.35₹206.16₹19.35₹155.39
2024₹259.23₹228.28₹22.83₹203.05

Prostarm Info Systems IPO Valuation – FY2024

Here are the valuation details for the Prostarm Info Systems IPO, including Earnings Per Share (EPS), Price-to-Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).

KPIValues
ROE:31.41%
ROCE:32.40%
EBITDA Margin:14.20%
PAT Margin:8.85%
Debt to equity ratio:0.51
Earning Per Share (EPS):₹5.44 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):32.12%
Net Asset Value (NAV):₹19.67

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Servotech Power System Limited0.54314.5510.506.54353.68 Cr.
Sungarner Energies Limited5.22152.6816.7841.3217.69 Cr.

Objects of the Issue

  • Fund working capital requirements.
  • Address debt through prepayment/repayment (or refinancing) to strengthen financial health.
  • Increase ownership in the subsidiary to make it wholly owned.
  • Pursue inorganic growth through acquisitions and strategic initiatives.
  • Allocate resources for general corporate purposes.

Prostarm Info Systems IPO Review

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  • SMC Global –
  • Sushil Finance –
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  • Ventura Securities –
  • Reliance Securities –
  • Capital Market –
  • BP Wealth –
  • ICICIdirect –
  • Choice Broking –

Prostarm Info Systems IPO Registrar

KFin Technologies Limited
Phone: +91 40 6716 2222
E-mail: pisl.ipo@kfintech.com
Website: https://ris.kfintech.com/

Prostarm Info Systems IPO Lead Managers aka Merchant Bankers

Choice Capital Advisors Private Limited

Company Address

Prostarm Info Systems Limited
Plot No. EL 79, Electronic Zone,
TTC, MIDC, Mahape, Navi Mumbai,
Thane – 400 710, Maharashtra,
India
Phone: 022 4528 0500
E-mail: cs@prostarm.com
Website: https://prostarm.com/

Prostarm Info Systems IPO FAQs

What is the Prostarm Info Systems IPO?

The Prostarm Info Systems IPO is a Mainboard listing where the company intends to raise ₹- crores by issuing equity shares priced between ₹- and ₹- each, and the IPO will be listed on both the NSE and BSE.

When does the Prostarm Info Systems IPO open for subscription?

The subscription period for the Prostarm Info Systems IPO starts in 2025 for QIB, NII, and Retail Investors and will close in 2025.

How is the investor allocation divided in the Prostarm Info Systems IPO?

The allocation is segmented as follows: 50% for QIB, 15% for NII, and 35% for Retail Investors.

How can I apply for the Prostarm Info Systems IPO?

Applications for Prostarm Info Systems IPO can be made online via ASBA through your bank account or by using UPI via your stockbroker’s platform. Alternatively, you may also apply offline by submitting a form through your stockbroker.

What is the total issue size of the Prostarm Info Systems IPO?

The Prostarm Info Systems IPO issue size is ₹- crores.

What is the Prostarm Info Systems IPO price band?

The Prostarm Info Systems IPO is priced between ₹- and ₹- each.

What is the minimum lot size for the Prostarm Info Systems IPO?

The minimum bid requires purchasing [-] shares, which amounts to ₹-.

When is the Prostarm Info Systems IPO allotment date?

Allotment for Prostarm Info Systems IPO is scheduled for 2025.

When will the Prostarm Info Systems IPO be listed on the stock exchanges?

The Prostarm Info Systems IPO is scheduled to be listed on both BSE and NSE in 2025.

Note: The Prostarm Info Systems IPO price band and dates are officially announced. (The Prostarm Info Systems IPO GMP details will be added to the IPO GMP page once they become available.)

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