74  Total SME IPOs listed in 2025

3,229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Prostarm Info Systems IPO (Prostarm Info Systems Limited IPO) Detail

Prostarm Info Systems IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 168.00 Cr. The company is based in Mumbai and caters to Power And Energy sector. Choice Capital Advisors is the merchant banker of Prostarm Info Systems IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th September 2024.

Prostarm Info Systems IPO open date is 27th May 2025 and close date is 29th May 2025. IPO Allotment Date is 30th May 2025 and Listing date is 3rd June 2025.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 168.00 Cr. Avg IPO Size (Sector Based) : ₹ 3,279.05 cr.
  • Sector: Power And Energy IPO so far: 20
  • Merchant Banker: Choice Capital IPO by BRLM so far: 2
  • City: Mumbai IPO so far: 184
  • Revenue (annualised): ₹ 360.36 cr.
            PAT: (annualised): ₹ 29.48 cr. Read Financial Information >>
  • PE Ratio: 20.97x Average Sector PE Ratio: 19.22x

Prostarm Info Systems IPO Date

Date of DRHP:
28th September 2024
IPO Open Date:
27th May 2025
IPO Close Date:
29th May 2025
IPO Allotment Date:
30th May 2025
Initiation of Refund:
2nd June 2025
IPO Listing Date:
3rd June 2025

Prostarm Info IPO Info, Size, Subscription

Prostarm Info Systems IPO size is ₹ 168.00 Cr. with IPO price of ₹ 105.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 168.00 Cr.

Issue Price:
₹ 105.00

Market Capitalisation :
₹ 618.18 Cr.

PE multiple :
20.97

Subscription :
96.68 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
72.82 %

Prostarm Info Systems IPO Information

Sub Sector : designing, manufacturing, and selling Energy Storage and Power Conditioning Equipment
Prostarm Info Systems is engaged in designing, manufacturing, assembling, sale, service and supply of Energy Storage Equipment and Power Conditioning Equipment (“Power Solution Products”) in India. Company's manufactured Power Solution Products comprise of UPS system, inverter system, lift inverter system, solar hybrid inverter systems, lithium-ion battery packs, servo-controlled voltage stabilisers, isolation transformers and other power solution products. Prostarm Info Systems offer both customized and standard products and solutions, manufactured and assembled at their inhouse facilities and also through third party contract manufacturers. In addition to Prostarm Info Systems core manufactured products, Prostarm Info Systems also deal in sale and supply of third party manufactured batteries, reverse logistics/end-of-life disposal for UPS systems and batteries and other allied products. Prostarm Info Systems also undertake rooftop solar photovoltaic
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Object of Issue (Prostarm Info IPO Objectives)

  • Funding working capital requirements of the Company
  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
  • Acquisition of further stake of their Subsidiary to make it a wholly owned subsidiary
  • Achieving inorganic growth through unidentified acquisitions and other strategic initiatives
  • General Corporate Purposes

Choice Capital Advisors Private Limited is the book-running lead manager of the Prostarm Info Systems IPO. Kfin Technologies Limited is the Registrar for Prostarm Info Systems IPO.

Prostarm Info IPO Registrar (RTA)

Kfin Technologies Limited

Prostarm Info IPO Lead Manager (BRLM)

Choice Capital Advisors Private Limited

Prostarm Info Systems IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Prostarm Info Systems IPO?

Prostarm Info Systems IPO, based in Mumbai, operates in the   Power And Energy sector with a focus on designing, manufacturing, and selling Energy Storage and Power Conditioning Equipment. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Prostarm Info Systems IPO size is ₹ 168.00 Cr. with fresh issue size of ₹ 168.00 Cr. and Offer for sale being ₹ Nil

When is Prostarm Info IPO allotment?

The IPO allotment date for Prostarm Info Systems IPO is expected to be 30th May 2025, after the finalization of basis of allotment. Investors can check Prostarm Info Systems IPO allotment status on the registrars website, Kfin Technologies Limited . Prostarm Info Systems IPO refund dates are 2nd June 2025.

When is Prostarm Info Systems IPO listing date?

Prostarm Info Systems IPO is expected to be listed on 3rd June 2025.

What is the price band for Prostarm Info IPO?

The upper price band for the Prostarm Info Systems IPO is set at ₹ 105.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Prostarm Info Systems IPO Review?

For IPO analysis on Prostarm Info Systems IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Prostarm Info Systems IPO?

To apply for the Prostarm Info Systems IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 29th May 2025. After submission, funds are blocked until the basis of allotment of Prostarm Info Systems IPO is finalised.

Who is the merchant banker of Prostarm Info IPO?

The merchant banker for Prostarm Info Systems IPO is Choice Capital Advisors Private Limited . Choice Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Prostarm Info Systems IPO RHP for further details.

Who is the Registrar of Prostarm Info Systems IPO?

The registrar for Prostarm Info Systems IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Prostarm Info Systems IPO through their official website or helpline.

What is the Prostarm Info Systems IPO subscription?

Prostarm Info Systems IPO was subscribed 96.68 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Prostarm Info Systems IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Prostarm Info Systems Financial Review Page

Prostarm Info Systems IPO subscription was 96.68 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Prostarm Info Systems IPO listed at a listing price of 120.00 against the offer price of 105.00.

The current market price of Prostarm Info Systems is 112.70.

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