PRARUH TECHNOLOGIES LIMITED

24 Sep 2025 - 26 Sep 2025 Individual Category SME BSE

Min Investment

₹252000

Price Band

₹60-₹63

Issue Size

26.68 lakhs
Equity Shares

Lot Size

2000 (per lot)

IPO Dates
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24 Sep 2025

Open Date

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26 Sep 2025

Close Date

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29 Sep 2025

Allotment Date

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01 Oct 2025

Listing Date

Praruh Technologies is coming out with a book-built IPO worth Rs 23.50 crore, consisting entirely of a fresh issue of 0.37 crore equity shares aggregating to Rs 23.50 crore. The subscription for the IPO opens on September 24, 2025, and closes on September 26, 2025, with the allotment expected to be finalised on September 29, 2025. The shares are proposed to be listed on the BSE SME platform, with a tentative listing date of October 1, 2025. The price band has been set between Rs 60.00 and Rs 63.00 per share, with a minimum application lot of 2,000 shares. Retail investors need to invest at least Rs 2,52,000 for 4,000 shares (based on the upper price), while HNI investors must apply for a minimum of three lots (6,000 shares), totalling Rs 3,78,000. Corporate Makers Capital Ltd. is acting as the book-running lead manager, and Maashitla Securities Pvt. Ltd. has been appointed as the registrar. The market-making responsibilities will be handled by SMC Global Securities Ltd.

Know Before Investing

Strengths icon

  • Offers a diversified portfolio of IT services.
  • Backed by an experienced promoter and leadership team.
  • Strong client relationships across multiple sectors.

Weaknesses icon

  • Revenue is largely project-based and variable.
  • Operates on a relatively smaller scale compared to peers.
  • Faces intense competition from larger IT companies.

About Praruh Technologies Limited

Incorporated in 2019, Praruh Technologies Limited is an ICT system integration and digital transformation solutions provider. The company delivers comprehensive hardware, software, data centre, networking, security, and audio-video solutions, offering turnkey ICT services tailored to industry-specific requirements and aligned with clients’ business strategies. By providing end-to-end system integration and exceptional service experiences, Praruh helps organisations optimise IT infrastructure, streamline workflows, and drive business growth. Its offerings include system integration across India, IT consultancy covering cloud strategy, risk management, disaster recovery, and strategic planning, advanced security solutions including endpoint, network, and application protection, and networking solutions such as LAN/WAN design, network auditing, video conferencing, load balancing, and data centre deployment. As of August 31, 2025, the company employed 61 professionals across its operations.

Founded

2019

Managing Director

-

Parent Organization

-

IPO Objectives

The company intends to utilise the proceeds from the issue primarily for repaying certain borrowings amounting to Rs 6.33 crore. Additionally, Rs 1.00 crore will be earmarked for potential acquisitions in India, Rs 11.00 crore will be used to fund the company’s working capital requirements, and the remaining funds will be allocated for general corporate purposes.

Company Promoters

Vishal Prakash

Amar Deep Sharma

Rahul

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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