Prostarm Info Systems Limited

Prostarm Info Systems IPO is a book-built issue worth ₹168.00 crore, comprising a fresh issue of 1.60 crore equity shares. The IPO opens for subscription on May 27, 2025, and closes on May 29, 20 ...

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Min Investment
₹14,910 / 142 shares
Price Range
₹95 - ₹105
Premium GMP%
10 (10%)
Listing Gain
21%
Total Issue Size
₹168 Cr
Fresh Issue
₹168 Cr
Offer For Sale
- Cr
Listing At
NSE & BSE
Retail Quota
35%
Qib + Nii Quota
50% + 15%
Face Value
10
Subscription
Oversubscribed
Check Live Subscription

IPO Timeline

  • 27 May 2025
    Bidding Starts
  • 29 May 2025
    Bidding Ends
  • 30 May 2025
    Allotment Finalization
  • 02 Jun 2025
    Refund Date
  • 02 Jun 2025
    Demat Date
  • 03 Jun 2025
    Listing Date
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Prostarm Info Systems Limited Financial Result in crore

Year Asset Revenue Profit
31 Mar 2022 98.03 Cr 172.05 Cr 10.87 Cr
31 Mar 2023 155.39 Cr 232.35 Cr 19.35 Cr
31 Mar 2024 203.05 Cr 259.23 Cr 22.80 Cr
31 Dec 2024 230.04 Cr 270.27 Cr 22.11 Cr
DRHP DRAFT

About Prostarm Info Systems Limited

About Prostarm Info Systems Limited
Prostarm Info Systems Limited, originally incorporated as Prostar Micronova Power Systems Private Limited in 2008, began its journey by selli ...

Today, Prostarm is a comprehensive power electronics solutions provider, engaged in the design, manufacturing, assembly, and supply of energy storage and power conditioning equipment. Its product portfolio includes UPS systems, inverters, lift inverter systems, solar hybrid inverters, lithium-ion battery packs, servo-controlled voltage stabilisers, and isolation transformers. The company also undertakes rooftop solar photovoltaic (PV) power plant projects on an EPC basis across India.

Prostarm serves a wide range of industries, including healthcare, BFSI, IT, defence, education, and renewable energy. It is an empanelled vendor with several government bodies such as the Airports Authority of India, NTPC Vidyut Vyapar Nigam Limited, and Railtel Corporation of India Limited.

With over 15 years of experience, Prostarm has built a strong customer base, with 40% of its Fiscal 2024 revenue coming from clients associated with the company for over three years. The company’s operations are supported by a mix of in-house manufacturing and third-party contract manufacturing, enabling it to offer both standard and customized solutions.

Prostarm’s strategic focus on quality, innovation, and customer-centric service positions it as a trusted partner in India’s growing power solutions and renewable energy landscape.

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Prostarm Info Systems Limited Object of Issues

Prostarm Info Systems IPO Objectives
The company proposes to utilise the net proceeds from the IPO for the following objectives:

  1. Allocate ₹7,250 lakhs to meet the company’s growing working capital requirements, supporting increased demand for its power solution products and services across India.
  2. Utilise ₹1,795.83 lakhs to prepay or repay, in full or in part, certain outstanding borrowings, thereby improving the company’s debt-to-equity ratio and reducing interest costs.
  3. Deploy a portion of the proceeds (not exceeding 25% of gross proceeds) for strategic acquisitions and other growth initiatives to expand market presence and product capabilities.
  4. Use the remaining funds (within a cap of 35% of gross proceeds) for general corporate purposes including brand building, operational efficiency, and potential capital expenditure.
Prostarm Info Systems Limited Company Promoters

Prostarm Info Systems IPO Promoter Holding

The Promoters of the Company are Ram Agarwal, Sonu Ram Agarwal and Vikas Shyamsunder Agarwal.
Share Holding Pre Issue100.00%
Share Holding Post Issue72.82%

Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue

FAQs

When Prostarm Info Systems IPO will open?

The Prostarm Info Systems IPO opens on May 27, 2025 and closes on May 29, 2025.

What is the lot size of Prostarm Info Systems IPO?

Prostarm Info Systems IPO lot size is 142, and the minimum amount required is ₹14,910.

When is Prostarm Info Systems IPO allotment?

The finalization of Basis of Allotment for Prostarm Info Systems IPO will be done on Friday, May 30, 2025, and the allotted shares will be credited to your demat account by Monday, June 2, 2025.

When is Prostarm Info Systems IPO listing date?

When is Prostarm Info Systems IPO listing date? The Prostarm Info Systems IPO listing date is not yet announced. The tentative date of Prostarm Info Systems IPO listing is Tuesday, June 3, 2025.

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