PROSTARM INFO SYSTEMS LIMITED

27 May 2025 - 29 May 2025 Individual Category Main Board BSE NSE

Min Investment

₹14910

Price Band

₹95-₹105

Issue Size

160 lakhs
Equity Shares

Lot Size

142

IPO Dates
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27 May 2025

Open Date

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29 May 2025

Close Date

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30 May 2025

Allotment Date

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03 Jun 2025

Listing Date

Prostarm Info Systems IPO open date is May 27, 2025, and the closing date is May 29, 2025. This upcoming IPO is offering entirely a fresh issue of up to 1,60,00,000 equity shares.Prostarm Info Systems IPO price band is Rs 95 to Rs 105 per share. As of now, Prostarm Info Systems IPO GMP Live quotation is not yet available. Live IPO Grey Market Premium details will be visible online.Prostarm Info Systems IPO allotment status is available on May 30, 2025. Prostarm Info Systems IPO lot size is 142 shares. The minimum investment for the retail investors is 1 lot of Rs 14,910.The registrar for Prostarm Info Systems IPO is Kfin Technologies Limited. Prostarm Info Systems IPO listing date is June 3, 2025.

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About Prostarm Info Systems Limited

Prostarm Info Systems Limited was established on January 11, 2008, in Navi Mumbai, India and is a leading manufacturer. The company manufactures UPS systems, solar inverters, and energy storage solutions for a cross-section of industries, including healthcare, banking, and logistics. Prostarm, which operates with an authorized capital of INR 61 crore and a paid-up capital of INR 42.87 crore, had operating revenues lying between INR 100 crore and 500 crores for the fiscal year closing March 31, 2022. This company has witnessed gigantic growth, with EBITDA increased by 54.7% and net worth increased by 40.48% as compared to the previous year. Prostarm, a company led by Chief Executive Ram Agarwal, should strive to become a power solutions leader that delivers quality services to customers with proper ethical practices.

Founded

2008

Managing Director

Tapan Ghose

Parent Organization

-

IPO Objectives

The company proposes to utilize the net proceeds from the issue for funding working capital requirements, prepayment or repayment of certain outstanding borrowings, acquiring further stake in its subsidiary to make it wholly owned, and achieving inorganic growth through acquisitions, strategic initiatives, and general corporate purposes.

Company Promoters

Ram Agarwal

Sonu Ram Agarwal

Vikas Shyamsunder Agarwal

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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