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.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.
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 Systems IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
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
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.
Prostarm Info Systems IPO is expected to be listed on 3rd June 2025.
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.
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.
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.
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.
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.
Prostarm Info Systems IPO was subscribed 96.68 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
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
Merchant Banker(s) of Prostarm Info Systems IPO: Choice Capital Advisors Private Limited
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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