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The Prostarm Info Systems IPO will open on May 27, 2025, and close on May 29, 2025. This IPO is a Book Built Issue through which the company aims to raise approximately ₹168 crore. The issue includes a fresh issue worth ₹168 crore and an offer for sale of equity shares with a face value of ₹10 each.
The price band for the Prostarm Info Systems IPO is set between ₹95 and ₹105 per share. The allocation is divided into 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net Worth Individuals (HNIs). The IPO is expected to be listed on both the BSE and NSE stock exchanges on June 3, 2025, with the allotment date scheduled for May 30, 2025.
Financially, the company reported revenue of ₹259.23 crore in 2024, up from ₹232.35 crore in 2023. Profit for 2024 stood at ₹22.83 crore, compared to ₹19.35 crore in 2023. Considering these figures, investors are advised to consider the Prostarm Info Systems IPO as a long-term investment opportunity.
Prostarm Info Systems IPO Details
- IPO Open Date: May 27, 2025
- IPO Close Date: May 29, 2025
- Face Value: ₹10 per equity share
- IPO Price Band: ₹95 to ₹105 per share
- Issue Size: Approximately ₹168 crores
- Fresh Issue: Approximately ₹168 crores
- Issue Type: Book Built Issue
- IPO Listing: BSE & NSE
- Retail Quota: Up to 35%
- QIB Quota: Up to 50%
- NII Quota: Up to 15%
- DRHP Draft Prospectus: Click Here
- RHP Draft Prospectus: Click Here
Prostarm Info Systems IPO Market Lot
The minimum market lot for the Prostarm Info Systems IPO is 142 shares, requiring an application amount of ₹14,910. Retail investors can apply for up to 13 lots, which equals 1,846 shares with a total amount of ₹1,93,830.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 142 | ₹14,910 |
| Retail Maximum | 13 | 1,846 | ₹1,93,830 |
| S-HNI Minimum | 14 | 1,988 | ₹2,08,740 |
| B-HNI Minimum | 68 | 9,656 | ₹10,13,880 |
Prostarm Info Systems IPO Important Dates
The Prostarm Info Systems IPO opens on May 27, 2025, and closes on May 29, 2025. The allotment process will be completed by May 30, 2025, with refunds and credit to investors’ demat accounts scheduled for June 2, 2025. The shares are expected to be listed on the stock exchanges on June 3, 2025.
- IPO Open Date: May 27, 2025
- IPO Close Date: May 29, 2025
- Basis of Allotment: May 30, 2025
- Refunds Processed: June 2, 2025
- Credit to Demat Account: June 2, 2025
- IPO Listing Date: June 3, 2025
Promoters of Prostarm Info Systems IPO
The promoters of Prostarm Info Systems are Ram Agarwal, Sonu Ram Agarwal, and Vikas Shyamsunder Agarwal.
About Prostarm Info Systems IPO
Prostarm Info Systems is a leading company specializing in power conditioning equipment — designing, manufacturing, selling, and servicing high-quality solutions. Their products serve a wide range of sectors including education, healthcare, railways, aviation, research, defense, and security. The company’s power solutions portfolio includes lithium-ion battery packs, servo-controlled voltage stabilizers (SCVS), isolation transformers, UPS systems, inverter systems, lift inverter systems, and solar hybrid inverter systems.
With a strong presence across India, Prostarm Info Systems operates through 22 branch offices and 2 storage facilities spread over 17 states and 1 union territory. Financially, the company has shown robust growth, increasing its revenue from ₹17,130.73 lakhs in 2022 to ₹25,787.04 lakhs in 2024. Since its inception, Prostarm Info Systems has consistently prioritized customer satisfaction and adaptability to meet the evolving needs of its clients.
Prostarm Info Systems IPO Company Financial Report
Prostarm Info Systems reported a revenue of ₹259.23 crores in 2024, up from ₹232.35 crores in 2023. The company’s profit after tax also increased, reaching ₹22.83 crores in 2024 compared to ₹19.35 crores in 2023.
| Period Ended | Revenue (₹ Crores) | Expense (₹ Crores) | Profit After Tax (₹ Crores) | Assets (₹ Crores) |
|---|---|---|---|---|
| 2022 | 172.05 | 157.08 | 10.87 | 98.03 |
| 2023 | 232.35 | 206.16 | 19.35 | 155.39 |
| 2024 | 259.23 | 228.28 | 22.83 | 203.05 |
| 2024* | 270.27 | 240.70 | 22.11 | 230.04 |
*Note: The second 2024 entry may reflect updated or projected figures.
Prostarm Info Systems IPO Valuation – FY2024
Key financial ratios and performance indicators for FY2024 are as follows:
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 31.41% |
| Return on Capital Employed (ROCE) | 32.40% |
| EBITDA Margin | 14.20% |
| PAT Margin | 8.85% |
| Debt to Equity Ratio | 0.51 |
| Earnings Per Share (EPS) (Basic) | ₹5.44 |
| Price/Earnings (P/E) Ratio | Not Available |
| Return on Net Worth (RoNW) | 32.12% |
| Net Asset Value (NAV) | ₹19.67 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW (%) | NAV | Income |
|---|---|---|---|---|---|
| Servotech Power System Limited | 0.54 | 314.55 | 10.50 | 6.54 | ₹353.68 Cr. |
| Sungarner Energies Limited | 5.22 | 152.68 | 16.78 | 41.32 | ₹17.69 Cr. |
Objects of the Issue
- To fund the working capital requirements of the company
- To prepay or repay all or a portion of certain outstanding borrowings
- To acquire additional stake in the subsidiary to make it a wholly owned subsidiary
- To achieve inorganic growth through potential acquisitions and other strategic initiatives
- For general corporate purposes
Prostarm Info Systems IPO Review
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Prostarm Info Systems IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222
Email: pisl.ipo@kfintech.com
Website: https://ris.kfintech.com/
IPO Lead Managers (Merchant Bankers)
- Choice Capital Advisors Private Limited
Company Address
Prostarm Info Systems Limited
Plot No. EL 79, Electronic Zone,
TTC, MIDC, Mahape, Navi Mumbai,
Thane – 400 710, Maharashtra, India
Phone: 022 4528 0500
Email: cs@prostarm.com
Website: www.prostarm.com
Prostarm Info Systems IPO FAQs
What is Prostarm Info Systems IPO?
Prostarm Info Systems IPO is a Mainboard offering through which the company aims to raise ₹168 crores. The shares are priced between ₹95 and ₹105 each. The IPO will be listed on both BSE and NSE.
When will Prostarm Info Systems IPO open for subscription?
The IPO opens on May 27, 2025 for Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and Retail Investors. The subscription window closes on May 29, 2025.
What is the investor allocation in Prostarm Info Systems IPO?
The IPO allotment is divided as follows:
- QIB: 50%
- NII: 15%
- Retail Investors: 35%
How to Apply for Prostarm Info Systems IPO?
You can apply for the Prostarm Info Systems IPO through ASBA (Applications Supported by Blocked Amount) online using your bank account. Alternatively, you can apply via ASBA through UPI with your stockbroker’s platform. Offline applications can also be submitted by filling out the physical form through your stockbroker.
- What is the Prostarm Info Systems IPO Issue Size?
- The total issue size of the Prostarm Info Systems IPO is ₹168 crores.
- What is the Prostarm Info Systems IPO Price Band?
- The IPO price band is set between ₹95 and ₹105 per share.
- What is the Prostarm Info Systems IPO Lot Size?
- The minimum application lot size is 142 shares, which amounts to ₹14,910.
- What is the Prostarm Info Systems IPO Allotment Date?
- The allotment for the IPO will be finalized on May 30, 2025.
- What is the Prostarm Info Systems IPO Listing Date?
- The IPO is scheduled to be listed on June 3, 2025, on both the BSE and NSE stock exchanges.
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