Prostarm Info Systems IPO Details
| Detail | Description |
|---|---|
| IPO Date | May 27, 2025 to May 29, 2025 |
| Listing Date | - |
| Face Value | ₹ 10 per share |
| Issue 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 | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 4,28,74,592 shares |
| Share Holding Post Issue | 5,88,74,592 shares |
About Prostarm Info Systems IPO
Prostarm Info Systems Limited is launching its mainboard IPO via a book-built issue, aiming to raise ₹168 crore through a fresh issue of 1.60 crore equity shares of ₹10 face value each. Subscriptions for the IPO begin on May 27, 2025, and end on May 29, 2025. Shares are expected to be listed on both BSE and NSE on June 3, 2025. With a minimum lot size of 142 shares and a price range of ₹95–₹105 per share, retail buyers must invest a minimum of ₹14,910.
Company Overview
Business Model & Operations
- Designs, manufactures, and supplies power solution products, including UPS systems and solar inverters.
- Serves a wide range of industries such as healthcare, aviation, and renewable energy.
- Offers customized products, installation, and after-sales support.
- Has a strong presence across 18 states and 1 union territory in India, with major clients including the Airports Authority of India and the Railtel Corporation.
Revenue Streams
- By selling energy storage and power conditioning equipment directly to consumers.
- Installation services and after-sales support for institutional and enterprise customers.
Management & Shareholding
- Promoters: Ram Agarwal, Sonu Ram Agarwal, and Vikas Shyamsunder Agarwal are the promoters of the company.
Objectives of the Prostarm Info Systems IPO
The primary objectives for which Prostarm Info Systems intends to utilize the net proceeds from its IPO are:
- Funding Working Capital Requirements:
The company would use a large amount of the money (₹7,250 lakhs) to support the rising demand for its power solution products and services throughout India by meeting its expanding working capital needs.
- Prepayment or Repayment of Borrowings:
The business intends to prepay or refund some existing debts in full or in part with ₹1,795.83 lakhs. This is aimed at improving the debt-to-equity ratio and reducing interest costs.
- Inorganic Growth and Strategic Initiatives:
Up to 25% of the gross proceeds may be used for strategic acquisitions and other growth initiatives. This will help Prostarm Info Systems expand its market presence and enhance its product capabilities.
- General Corporate Purposes:
The remaining money will be used for general business objectives, such as possible capital expenditures, brand development, and operational efficiency enhancements, up to a maximum of 35% of gross proceeds.
Conclusion
Overall, the Prostarm Info Systems IPO allows for entering into one of the fastest-growing sectors, which is power solutions and energy storage. The company’s strong financial performance, diversified product offerings, experienced management, and extensive distribution network underpin its growth story and market credibility. The clear objectives for deploying IPO proceeds for working capital enhancement, debt reduction, and strategic expansion demonstrate a focused approach to sustainable growth and value creation.
Prostarm Info Systems IPO Financial Information
Latest Revenue
270.27
₹ Crore
Profit After Tax
22.11
₹ Crore
Net Worth
107.24
₹ Crore
Total Borrowing
60.37
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing | ||||
|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 2024 | 230.04 | 270.27 | 22.11 | 107.24 | 60.37 | ||||
| 31 Mar 2024 | 203.05 | 259.23 | 22.8 | 84.30 | 43.47 | ||||
| 31 Mar 2023 | 155.39 | 232.35 | 19.35 | 61.00 | 24.85 | ||||
| 31 Mar 2022 | 98.03 | 172.05 | 10.87 | 40.95 | 3.21 | ||||
| Amount in ₹ Crore | |||||||||
Prostarm Info Systems Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 31.41% |
| ROCE | 32.41% |
| Debt/Equity | 0.51 |
| RoNW | 32.09% |
| PAT Margin | 8.85 |
| Price to Book Value | 5.34 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.32 | 5.01 |
| P/E (x) | 19.75 | 20.97 |
Frequently Asked Questions
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Competitive Strengths
Strong Financial Performance and Growth
Integrated Power Solutions Provider
Diversified Product Portfolio and Customer Base
Experienced Management and Promoter Group
Expansive Distribution and Service Network
Positive Market Reception
Download regulatory filings
Prostarm Info Systems IPO Timeline
| IPO Open Date | Tue, May 27, 2025 |
| IPO Close Date | Thu, May 29, 2025 |
| Tentative Allotment | Fri, May 30, 2025 |
| Initiation of Refunds | Mon, Jun 2, 2025 |
| Credit of Shares to Demat | Mon, Jun 2, 2025 |
| Tentative Listing Date | Tue, Jun 3, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 29, 2025 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Retail (Min) | 1 | 142 | ₹14,910 |
| Retail (Max) | 13 | 1,846 | ₹1,93,830 |
| S-HNI (Min) | 14 | 1,988 | ₹2,08,740 |
| S-HNI (Max) | 67 | 9,514 | ₹9,98,970 |
| B-HNI (Min) | 68 | 9,656 | ₹10,13,880 |