Prostarm Info Systems Limited IPO
MainboardOther Electrical Equipment
Listed On: Jun 3, 2025 at ₹ 120.0(NSE)
₹ 14910 /142 Shares
Check AllotmentPrice Summary
Last Closing
119.50 (13.81%)52 Week High
126.0052 Week Low
108.00Last Update
19-Jun-2025 3:30 PM27 May, 2025
Open Date29 May, 2025
Close Date30 May, 2025
Allotment Date03 Jun, 2025
Listing DateIssue Price
₹95-105 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedList Price
120.0(NSE)Listing Date
2025-06-03Market Lot
Retail : 142 Shares (₹14,910/-)S-HNI : 1,988 Shares (₹2,08,740/-)
B-HNI : 9,656 Shares (₹10,13,880/-)
Lead Manager
Choice Capital Advisors Pvt LtdIssue Size
1,60,00,000 shares(aggregating up to ₹168 Cr)Retail Portion
35% (Number of Retail Applications: 39,437 Approx),(Number of S-HNI Applications : 402 Approx),
(Number of B-HNI Applications : 805 Approx)
Subscription
97.19 timesProstarm Info Systems IPO Details
Prostarm Info Systems IPO is a book-built issue of ₹168 crores, The total issue size is ₹168 crores. The IPO of Prostarm Info Systems is priced at ₹95-105 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from May 27, 2025 and ends on May 29, 2025. The allotment for Prostarm Info Systems IPO will be finalized on May 30, 2025. Prostarm Info Systems IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jun 3, 2025. The company shall list its equity shares on the BSE, NSE. Kfin Technologies Limited is the registrar of the issue.
Retail investors can bid for a minimum of 142 shares, extendable to 14,910. S-HNIs will be able to bid for 1,988 shares at ₹2,08,740, while B-HNIs can also apply for a bid of 9,656 shares at ₹10,13,880. The book-running lead manager for the IPO is/are Choice Capital Advisors Pvt Ltd .
The total issue ₹168 crore, comprising a fresh issue of 1,60,00,000 shares ₹168 crore and
The Prostarm Info Systems IPO sets its price band at 95-105 for each share. A single application for Prostarm Info Systems Limited IPO must contain at least 142 shares. Sentiment investors need to invest a minimum of 142 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,910 In order to participate in the sNII, investors must purchase at least 14 lots of 1,988 shares for ₹2,08,740, while the bNII requires 68 lots of 9,656 shares for an investment of ₹10,13,880.
Prostarm Info Systems IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 32,00,000 | 24,00,000 16,00,000 8,00,000 | 56,00,000 | 1,12,00,000 |
| Day 1 - 27-05-25 05:00 PM | 0.05 x | 6.83 6.75 x 7.00 x | 4.15 x | 3.55 x |
| Day 2 - 28-05-25 05:00 PM | 1.03 x | 27.23 25.98 x 29.74 x | 13.04 x | 12.65 x |
| Day 3 - 29-05-25 05:00 PM | 104.49 x | 222.13 249.80 x 166.79 x | 39.48 x | 97.19 x |
Prostarm Info Systems Valuations
EPS Pre IPO
₹5.32/-EPS Post IPO
₹5.01/-P/E Pre IPO
19.75P/E Post IPO
20.97ROE
31.41%ROCE
32.41%Debt/Equity
0.51RoNW
32.09%PAT Margin
8.85Price to Book Value
5.34Prostarm Info Systems Company Financials All values are in ₹ Cr.
| 31-Dec-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| Assets | 230.04 | 203.05 | 155.39 | 98.03 |
| Revenue | 270.27 | 259.23 | 232.35 | 172.05 |
| Profit After Tax | 22.11 | 22.83 | 19.35 | 10.87 |
| Net Worth | 107.24 | 84.33 | 61.00 | 40.95 |
| Reserves & Surplus | 64.37 | 41.18 | 18.13 | 31.87 |
| Total Borrowing | 60.37 | 43.47 | 24.85 | 3.21 |
About The Company
Prostarm Info Systems Limited, incorporated in January 2008, is an Indian company that develops, constructs, and markets Energy Storage and Power Conditioning Equipment, called Power Solution Products.Among its Power Solution Products, the company manufactures UPS systems, inverter systems, solar hybrid inverter systems, lithium-ion battery packs, and voltage stabilisers.
Custom and standard goods are produced in the company’s factories and by outside contractors. The company also offers third-party cell batteries and reverse logistics services for UPS systems and batteries, among other related offerings. In addition, it builds rooftop solar power plants in India following the EPC project model.With installation, rental choices, and after-sales support, the company’s services ensure diverse customers can enjoy the value of our products well into the future.
A large number of industries use SAP, including healthcare, aviation, research, banking and finance, railways, defence, security, education, renewable energy, IT, and oil & gas.Among the company’s clients are the Airports Authority of India, Central Public Works Department, Patna Bihar, Public Works Department, New Delhi, West Bengal Public Health Engineering Department, West Bengal Electronic Industry Development Corporation Limited, Telangana State Technology Services Limited, Railtel Corporation of India Limited and NTPC Vidyut Vyapar and Nigam Limited.
The company’s activities on May 17, 2025, are supported by 21 branch offices and 2 storage facilities in 18 states and 1 union territory of India.At the close of March 31, 2025, the company counted 423 permanent and 19 contractual members of staff.
Prostarm Info Systems - Strength and Weakness
Offers a wide range of power solutions including UPS, inverters, lithium-ion battery packs, and solar hybrid systems.
Revenue from government contracts rose from 18% in FY22 to 46% in 9M FY24, with plans to expand further.
Lithium battery pack manufacturing capacity scaled from 1.2 MWh to 100 MWh in December 2023.
478 dealers and distributors across India as of FY24, enabling deep market penetration.
Over 70% of revenue in 9M FY24 came from the top 10 customers, posing a significant concentration risk.
The company reported negative operating cash flows in FY23, FY24, and 9M FY24 due to rising receivables and inventory.
Nearly half of FY24 revenue came from government institutions, which are prone to delayed payments and tender risks.
Prostarm Info Systems - Promoter(s)
Pre Issue Share Holding: N/A%
Post Issue Share Holding: N/A%
- Ram Agarwal
- Sonu Ram Agarwal
- Vikas Shyamsunder Agarwal
Prostarm Info Systems IPO - Issue Objectives
- Funding working capital requirements of the Company
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
- Achieving inorganic growth through unidentified acquisitions and other strategic initiatives
- General Corporate Purposes.
Prostarm Info Systems IPO - Anchor Investors
Other Details
Prostarm Info Systems
Plot No. EL 79, Electronic Zone, TTC, MIDC, Mahape Navi Mumbai, Thane 400710,Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: pisl.ipo@kfintech.com
Prostarm Info Systems IPO - FAQs
Ans. Prostarm Info Systems Limited IPO is a Mainboard IPO. The issue is priced at ₹95-105 per equity share. The minimum order quantity is 142 Shares. The IPO opens on May 27, 2025, and closes on May 29, 2025. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Prostarm Info Systems Limited IPO opens on May 27, 2025 and closes on May 29, 2025.
Ans. The size of Prostarm Info Systems Limited IPO is 1,60,00,000 shares(aggregating up to ₹168 Cr).
Ans. The IPO price band is set between ₹95-105 per equity share.
Ans. To apply for Prostarm Info Systems Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Prostarm Info Systems Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Prostarm Info Systems Limited IPO is May 30, 2025.
Ans. The Prostarm Info Systems Limited IPO will be listed on Jun 3, 2025.
Ans. Follow the steps to check the allotment status for Prostarm Info Systems Limited IPO here.
