Prostarm Info Systems IPO (Prostarm Info Systems Limited IPO)
Founded in 2008, Prostarm Info Systems Limited is engaged in designing, manufacturing, assembling, selling, servicing, and supplying Energy Storage and Power Conditioning Equipment in India. The product portfolio includes UPS systems, inverter systems, solar hybrid inverters, lithium-ion battery packs, servo-controlled voltage stabilisers, and isolation transformers. The company also offers customized solutions, leveraging in-house facilities and third-party manufacturers.
Beyond manufacturing, Prostarm undertakes EPC projects for rooftop solar photovoltaic (PV) power plants, offering end-to-end solutions across India. It also deals in third-party power products, including batteries, IT assets, and solar panels, along with value-added services like installation, AMC, and after-sales support.
The company caters to diverse industries like healthcare, BFSI, aviation, railways, IT, and defense. It is an empanelled vendor with key institutions such as the Airports Authority of India, Railtel, and NTPC Vidyut Vyapar Nigam Limited.
For more details, refer to Prostarm Info Systems IPO RHP and Prostarm Info Systems IPO Pulse Score
Prostarm Info Systems IPO Details
IPO Date | 27th May 2025 to 29th May 2025 |
Listing Date | [•] |
Face Value | ₹10 per share |
Price Band | ₹95 to ₹105 per share |
Lot Size | 142 Shares |
Total Issue Size | 1,60,00,000 shares (aggregating up to ₹168.00 Cr) |
Fresh Issue | 1,60,00,000 shares (aggregating up to ₹168.00 Cr) |
Issue Type | Book Built Issue IPO |
IPO Reservation
Investor Category | Shares Offered |
---|---|
QIB | <50% |
NII | >15% |
bNII | 10% |
sNII | 5% |
Retail | >35% |
Prostarm Info Systems IPO Timeline
IPO Open | 27th May 2025 |
IPO Close | 29th May 2025 |
Basis Of Allotment | 30th May 2025 |
Initiation of Refunds | 2nd June 2025 |
Credit of Shares to Demat | 2nd June 2025 |
Listing Date | 3rd June 2025 |
Fundamentals
Data as of 31st December 2024
Market Cap | ₹618.18 Cr | P/E Ratio- Pre IPO | 19.75 |
RoNW | 23.95% | P/E Ratio- Post IPO | 20.97 |
RoCE | 22.95% | P/B Ratio | 5.34 |
Debt to Equity | 0.56 | PAT Margin | 8.23% |
Note: P/E Ratio -Pre IPO is calculated based on Pre-issue Shareholding and FY Earnings of March 2024. P/E Ratio- Post IPO is calculated based on post-issue shareholding and annualized FY earnings for December 2024. RoCE and RoNW are for nine months ending December 31, 2024
Prostarm Info Systems IPO Objectives
The company proposes to utilize the Net Proceeds towards the funding of the following objects:
- Funding the working capital requirements of the Company;
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company; and
- Achieving inorganic growth through unidentified acquisitions and other strategic initiatives, and General Corporate Purposes
- Prostarm Info Systems IPO Subscription Status
- Prostarm Info Systems IPO Allotment Status
- Prostarm Info Systems IPO Reviews
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