Prostarm Info Systems IPO
- IPO Date27 May, 2025 to 29 May, 2025
- Listing Date03 Jun, 2025
- Face Value₹10 per share
- Issue Price₹95 to ₹105 per share
- Lot Size142 Shares
- Minimum Investment₹14,910
- Listing AtBSE, NSE
- Total Issue Size1,60,00,000 Shares
(aggregating up to ₹168.00 Cr) - Fresh Issue1,60,00,000 Shares
(aggregating up to ₹168.00 Cr)
- Offer for Sale-
- Issue TypeBookbuilding IPO
- Share holding pre issue4,28,74,592
- Shareholding post issue-
IPO Dates
Closing Date
29 May, 2025
Initiation of Refunds
02 Jun, 2025
Listing Date
03 Jun, 2025
27 May, 2025
Opening Date
30 May, 2025
Basis of Allotment
02 Jun, 2025
Credit of Shares
Prostarm Info Systems 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.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| S-HNI (Max) | 67 | 9514 | ₹9,98,970 |
| Retail (Max) | 13 | 1846 | ₹1,93,830 |
| Retail (Min) | 1 | 142 | ₹14,910 |
| B-HNI (Min) | 98 | 9656 | ₹10,13,880 |
| S-HNI (Min) | 14 | 1988 | ₹2,08,740 |
Prostarm Info Systems Promoter Holding
The Promoters of the Company are Ram Agarwal, Sonu Ram Agarwal and Vikas Shyamsunder Agarwal.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 100% | 72.82% |
Prostarm Info Systems COMPANY INFORMATION
Prostarm Info Systems IPO is a bookbuilding of ₹168.00 crores. The issue is entirely a fresh issue of 1.60 crore shares. Prostarm Info Systems IPO opens for subscription on May 27, 2025 and closes on May 29, 2025. The allotment for the Prostarm Info Systems IPO is expected to be finalized on Friday, May 30, 2025. Prostarm Info Systems IPO will be list on BSE, NSE with a tentative listing date fixed as Tuesday, June 3, 2025. Prostarm Info Systems IPO price band is set at ₹95 to ₹105 per share. The minimum lot size for an application is 142. The minimum amount of investment required by retail investors is ₹13,490. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹14,910. The minimum lot size investment for sNII is 14 lots (1,988 shares), amounting to ₹2,08,740, and for bNII, it is 68 lots (9,656 shares), amounting to ₹10,13,880. Choice Capital Advisors Pvt Ltd is the book-running lead manager of the Prostarm Info Systems IPO, while Kfin Technologies Limited is the registrar for the issue. Refer to Prostarm Info Systems IPO RHP for detailed information.
Incorporated in January 2008, Prostarm Info Systems Limited is an Indian company specialising in designing, manufacturing, and selling Energy Storage and Power Conditioning Equipment, known as "Power Solution Products."
The company manufactures various Power Solution Products, including UPS systems, inverter systems, solar hybrid inverter systems, lithium-ion battery packs, and voltage stabilisers.
The company offers customised and standard products, produced in-house and through contract manufacturers. Additionally, they sell third-party batteries and provide reverse logistics, end-of-life disposal services for UPS systems and batteries, and other related products. The company also execute rooftop solar power plant projects in India on an EPC basis.
The services of the company include installation, rental options, and after-sales support, such as warranty, post-warranty care, and Annual Maintenance Contracts (AMC), enhancing the value of our products for diverse customers.
The company serves diverse industries, including healthcare, aviation, research, BFSI, railways, defence, security, education, renewable energy, IT, and oil & gas.
The company's clientele includes 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
As of May 17, 2025, the company's operations are supported by 21 branch offices and 2 storage facilities across 18 states and 1 union territory in India.
As of March 31, 2025, the company employed a total of 423 permanent staff members and 19 individuals on a contractual basis.
Competitive Strength
- Evolving product and service offerings for diverse industries.
- Established relationships with the customers and wide customer base
- Wide geographical presence and distribution network.
- Consistent track record of financial performance leading to strong balance sheet position.
- Experienced Promoters and senior management team with a committed employee base.
FAQs About Prostarm Info Systems Ipo
Prostarm Info Systems IPO will open on 27 May, 2025 and close on 29 May, 2025. Investors must apply within this period to participate.
The Prostarm Info Systems IPO price band is set between ₹95.00 and ₹105.00 per share. The minimum lot size is 142, requiring an investment of at least ₹14910.00.
The Prostarm Info Systems IPO shares are expected to be listed on 03 Jun, 2025, subject to regulatory approvals and final allotment.
You can track your Prostarm Info Systems IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Prostarm Info Systems IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.