IPO

Prostarm Info Systems Limited IPO

Mainboard

Other Electrical Equipment

Listed On: Jun 3, 2025 at ₹ 120.0(NSE)

₹ 14910 /142 Shares

Check Allotment

27 May, 2025

Open Date

29 May, 2025

Close Date

30 May, 2025

Allotment Date

03 Jun, 2025

Listing Date
Price Summary

Last Closing

176.55 (68.14%)

52 Week High

253.49

52 Week Low

108.00

Last Update

20-Oct-2025 3:30 PM
Prostarm Info Systems IPO Issue Details
  • Issue Price ₹95-105 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 1,60,00,000 shares(aggregating up to ₹168 crore)
  • Fresh Share 1,60,00,000 shares(aggregating up to ₹168 crore)
  • Listing at BSE, NSE
  • List Price 120.0(NSE)
  • Listing Date 2025-06-03
  • Lead Manager Choice Capital Advisors Pvt Ltd
  • Registrar Kfin Technologies Limited
Market Lot Size

Investors can bid for a minimum of 142 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)1142₹14,910
Retail(max)131,846₹1,93,830
SHNI(min) 141,988₹2,08,740
SHNI(max) 679,514₹9,98,970
BHNI(min) 689,656₹10,13,880
Prostarm Info Systems IPO Reservation

Prostarm Info Systems IPO offers total NA shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,NA (NA%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares OfferedNA (NA%)
QIB Shares OfferedNA (NA%)
NII (HNI) Shares OfferedNA (NA%)
bNII < ₹10LNA (NA%)
sNII < ₹10LNA (NA%)
Retail Shares OfferedNA (NA%)
Total Shares OfferedNA (NA%)
Prostarm Info Systems IPO Documents
DRHP
RHP
ANCHOR
Prostarm 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
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.

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Prostarm Info Systems IPO Subscription Analysis And Details
Retail
39.48x
QIB
104.49x
NII
222.13x
bNII
249.80x
sNII
166.79x
Total
97.19x
As onQIBNII
bNII   sNII		RetailTotal
Shares Offered / Reserved32,00,00024,00,000
16,00,000    8,00,000		56,00,0001,12,00,000
Day 1 27-05-25 05:00 PM
0.05 x6.83
6.75 x   7.00 x		4.15 x3.55 x
Day 2 28-05-25 05:00 PM
1.03 x27.23
25.98 x   29.74 x		13.04 x12.65 x
Day 3 29-05-25 05:00 PM
104.49 x222.13
249.80 x   166.79 x		39.48 x97.19 x
Total No of Applications
17,54,370
Subscription on the basis of Applications
Retail:33x BHNI:50x SHNI:161x
Prostarm Info Systems Valuations
EPS Pre IPO ₹5.32/-
EPS Post IPO ₹5.01/-
P/E Pre IPO 19.75
P/E Post IPO 20.97
ROE 31.41%
ROCE 32.41%
Debt/Equity 0.51
RoNW 32.09%
PAT Margin 8.85
Price to Book Value 5.34
Prostarm Info Systems Company Financials
In Crs.
In Cr.
31-Dec-2431-Mar-2431-Mar-2331-Mar-22
Assets230.04203.05155.3998.03
Revenue270.27259.23232.35172.05
Profit After Tax22.1122.8319.3510.87
Net Worth107.2484.3361.0040.95
Reserves & Surplus64.3741.1818.1331.87
Total Borrowing60.3743.4724.853.21
About Prostarm Info Systems 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.

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Prostarm Info Systems - Promoter(s)

Ram Agarwal

Sonu Ram Agarwal

Vikas Shyamsunder Agarwal

Pre Issue Share Holding : N/A%

Post Issue Share Holding : N/A%

Prostarm Info Systems IPO - Issue Objectives
1

Funding working capital requirements of the Company

2

Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company

3

Achieving inorganic growth through unidentified acquisitions and other strategic initiatives

4

General Corporate Purposes.

Prostarm Info Systems IPO - Anchor Investors

Prostarm Info Systems mobilises Rs 50 crore via anchor book.Chattisgarh Investment, Astrone Capital, Steptrade Revolution Fund, Abundantia Capital, and Swyom India Alpha Fund were amongst eight institutional investors participated in the IPO through anchor book.

Strength
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.
Weakness
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.
Contact Details

Prostarm Info Systems

Plot No. EL 79, Electronic Zone, TTC, MIDC, Mahape Navi Mumbai, Thane 400710,

022 4528 0500

cs@prostarm.com

https://prostarm.com/

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

pisl.ipo@kfintech.com

https://kosmic.kfintech.com/ipostatus/