(Prostarm Info Systems IPO - detail
Prostarm Info Systems is set to launch its Initial Public Offering (IPO) through the book-building route, with a total issue size of ₹168.00 crores. This IPO is entirely a fresh issue, comprising 1.60 crore equity shares. The subscription period for the Prostarm Info Systems IPO will open on May 27, 2025, and will close on May 29, 2025. The basis of allotment is expected to be finalized on Friday, May 30, 2025, and the shares are tentatively scheduled to be listed on both the BSE and NSE on Tuesday, June 3, 2025.
The price band for the IPO has been set between ₹95 and ₹105 per share. For retail investors, the minimum application size is one lot of 142 shares, which requires an investment of ₹13,490 at the lower price band. However, to increase the chances of allotment, especially in case of oversubscription, investors are advised to apply at the cut-off price, bringing the investment amount to approximately ₹14,910.
For non-institutional investors (NIIs), the minimum investment differs based on the category. Small NIIs (sNII) must apply for at least 14 lots, totaling 1,988 shares and an investment of around ₹2,08,740. Meanwhile, big NIIs (bNII) are required to apply for at least 68 lots, amounting to 9,656 shares and an investment of approximately ₹10,13,880. Investors should consider the price band and demand while making their applications.
Prostarm Info Systems IPO Market Lot Size
The Prostarm Info Systems IPO minimum market lot is 142 shares with ₹14,910 application amount. The retail investors can apply up-to 13 lots with 1846 shares of ₹1,93,830 amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 142 | ₹14,910 |
Retail Maximum | 13 | 1846 | ₹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 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: | Approx ₹168 Crores |
Fresh Issue: | Approx ₹168 Crores |
Issue Type: | Book Built Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 35% |
QIB Quota: | Not more than 50% |
NII Quota: | Not more than 15% |
Prostarm Info Systems IPO Valuation – FY2024 (KPI)
Check Prostarm Info Systems IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 31.41% |
ROCE: | 32.40% |
EBITDA Margin: | 14.20% |
PAT Margin: | 8.85% |
Debt to equity ratio: | 0.51 |
Earning Per Share (EPS): | ₹5.44 (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 32.12% |
Net Asset Value (NAV): | ₹19.67 |
Prostarm Info Systems IPO Company Financial Report
The company reported revenue of ₹259.23 crores in 2024 against ₹232.35 crore in 2023. The company reported profit of ₹22.83 crores in 2024 against profit of ₹19.35 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
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 |
Prostarm Info Systems IPO Dates
The Prostarm Info Systems IPO date is May 27 and the close date is May 29. The Prostarm Info Systems IPO allotment will be finalized on May 30 and the IPO listing on Jun 3.
IPO Open Date: | May 27, 2025 |
IPO Close Date: | May 29, 2025 |
Basis of Allotment: | May 30, 2025 |
Refunds: | 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 the company are Ram Agarwal, Sonu Ram Agarwal And Vikas Shyamsunder Agarwal.
About Prostarm Info Systems IPO
Incorporated in January 2008, Prostarm Info Systems Limited is an Indian company engaged in the design, manufacturing, and sale of Energy Storage and Power Conditioning Equipment, collectively referred to as “Power Solution Products.” The company offers a wide range of products, including UPS systems, inverter systems, solar hybrid inverter systems, lithium-ion battery packs, and voltage stabilizers.
Prostarm produces both standard and customized solutions, developed either in-house or through contract manufacturing. In addition to their own product line, the company also markets third-party batteries and provides value-added services such as reverse logistics and end-of-life disposal for UPS systems and batteries. The company also undertakes rooftop solar power plant projects across India on an EPC (Engineering, Procurement, and Construction) basis.
Their service portfolio includes installation, equipment rental, and comprehensive after-sales support, covering warranty, post-warranty services, and Annual Maintenance Contracts (AMC). These offerings enhance the overall customer experience and product lifecycle value.
Prostarm Info Systems caters to a broad spectrum of industries, including healthcare, aviation, research, banking and financial services (BFSI), railways, defence, security, education, renewable energy, information technology (IT), and oil & gas.
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, in full or in part, certain outstanding borrowings of the company.
To acquire additional stake in the subsidiary, making it a wholly owned subsidiary.
To pursue inorganic growth through unidentified acquisitions and other strategic initiatives.
To meet general corporate purposes.
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
E-mail: [email protected]
Website:www.prostarm.com
Check Grey market premium at below
(GMP)
Prostarm Info Systems IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222
E-mail: [email protected]
Website: https://ris.kfintech.com/