Prostarm Info Systems IPO Date, Price Band, GMP, Allotment, Listing & Review

If you're looking for Prostarm IPO date, price band, allotment details, subscription status, or wondering whether to invest in Prostarm Info Systems IPO, this blog covers it all in one place.

Prostarm Info Systems IPO Date, Price Band, GMP, Allotment, Listing & Review

If you regularly follow the IPO market, then Prostarm Info Systems IPO ought to be on your list. The high interest in this IPO is due to the company performing well financially, having a bright outlook and having a promising range of products. All the information you require about Prostarm Info Systems IPO is available here: open and close dates, price band, lot size, company review, financials, grey market premium (GMP), allotment status and listing date.

What is meant by the Prostarm Info Systems IPO?

Prostarm Info Systems Limited has filed for an IPO (Initial Public Offering) to collect around β‚Ή168 crores. A size of β‚Ή168 crores is being issued; the shares involved are yet to be determined. Subscriptions for the IPO will start on May 27, 2025, and will be closed on May 29, 2025.

The company’s IPO is a Book-Built Issue. The shares will be listed on June 3, 2025, and will be available for trading on the BSE and NSE.

Prostarm Info Systems IPO Price Band and Lot Size

The price band for Prostarm Info Systems IPO is set between β‚Ή95 to β‚Ή105 per equity share with a face value of β‚Ή10. The minimum lot size for retail investors is 142 shares, requiring a minimum investment of β‚Ή14,910. A retail investor can apply for up to 13 lots (1,846 shares) amounting to β‚Ή1,93,830. For High Net-worth Individuals (HNIs), the application starts from 14 lots.

Prostarm Info Systems IPO Allotment and Listing Details

The basis of allotment for Prostarm IPO will be finalized on May 30, 2025. Refunds will be initiated on June 2, 2025, and shares will be credited to Demat accounts the same day. The listing date on BSE and NSE is set for June 3, 2025.

Prostarm Info Systems is a company, but what, exactly, does it do?

In the power conditioning and backup sectors, Prostarm Info Systems Ltd. has become very well known. The company creates, assembles and offers different types of power solutions, for example:

  • Supply systems that work without interruptions
  • Servo Controlled Voltage Stabilizers (SCVS)
  • Inverter systems
  • Inverter lifts
  • Lithium batteries held together by a pack
  • Isolation transformers
  • Solar hybrid inverter systems are designed for off-grid applications.

Experts focus on solutions for education, healthcare, railways, airports, armed forces and R&D organizations. In India, the company functions from 22 branches and 2 storehouses in 17 states and 1 union territory.

Prostarm Info Systems Financials – Should You Put Your Money In This?

Company Growth

The growth on Prostarm has been steady over time.

  • In FY 2022, the company brought in revenues of β‚Ή172.05 Cr and profit of β‚Ή10.87 Cr.
  • Revenue during FY 2023 was β‚Ή232.35 Cr, while profit reached β‚Ή19.35 Cr.
  • In FY 2024, the company is expected to report revenue of β‚Ή259.23 Cr and profit of β‚Ή22.83 Cr.

A long-term investor can depend on the company since its annual revenue and profit continue to grow each year.

Analysing Financial Ratios and Valuation Metrics

Company success is measured by important performance indicators.

  • The ROE for the company is 31.41%
  • The ROCE for the company is 32.40%.
  • The proportion of PAT over total assets is 8.85%.
  • EBITDA Margin: 14.20
  • The company’s EPS for FY24 stands at β‚Ή5.44 (basic).
  • NAV stands at β‚Ή19.67
  • Ratio of Debt to Equity: 0.51

Strong numbers suggest that the Prostarm Info Systems IPO would be a good investment in the long run.

Prostarm Info Systems IPO Objectives – Where Will the Money Go?

The net proceeds from the IPO will be used for:

  1. Working capital requirements
  2. Prepayment or repayment of certain borrowings
  3. Acquisition of stake in subsidiary
  4. Inorganic growth via acquisitions
  5. General corporate purposes

Should You Apply for Prostarm Info Systems IPO?

If you're wondering, "Is Prostarm Info Systems IPO good for investment?"

The company has a solid business model, good profit margins, experienced promoters, and operates in an essential sector β€” power backup and conditioning. Their expansion across India, technological products, and robust financials make them a competitive player in the market.

Who are the Promoters of Prostarm Info Systems?

The promoters of the company are:

  • Ram Agarwal
  • Sonu Ram Agarwal
  • Vikas Shyamsunder Agarwal

These individuals bring industry knowledge and experience, which adds to investor confidence.

Registrar and Lead Manager

  • Registrar: KFin Technologies Ltd. (ris.kfintech.com)
  • Merchant Banker: Choice Capital Advisors Private Limited

Frequently Asked Questions (FAQs)

Q1. What is Prostarm Info Systems IPO GMP (Grey Market Premium)? πŸ‘‰ The GMP for Prostarm IPO will be updated as the IPO date nears. Keep checking IPO JI for more updates.

Q2. How to apply for Prostarm Info Systems IPO? πŸ‘‰ The best place to apply for IPO is IPO JI. You can either use the IPO Ji app or the Website to apply IPO easily.

Q3. What is the Prostarm IPO lot size? πŸ‘‰ The minimum lot size is 142 shares, and the minimum application amount for retail investors is β‚Ή14,910.

Q4. What is the Prostarm IPO listing date? πŸ‘‰ Shares will be listed on June 3, 2025, on BSE and NSE.

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