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Praruh Technologies IPO
Praruh Technologies Ltd is set to raise ₹30 crore through a fixed-price IPO. The offer comprises a fresh issue of 0.25 crore shares and an offer for sale (OFS) of 0.05 crore shares. The IPO opens for subscription on September 28, 2025 and will close on October 2, 2025. Praruh Technologies IPO has a face value of ₹1 and the minimum lot size is 1,500 shares. The IPO price is set at ₹150 per equity share, making the minimum investment amount ₹1,50,000 (1,500 shares). The shares are proposed to be listed on the BSE SME platform with a tentative listing date of October 8, 2025.
Company Background
Praruh Technologies Ltd is a Pune-based firm established in 2017, focusing on IoT (Internet of Things) solutions and embedded technology products. The company offers smart devices and IoT platforms for smart home, agriculture, industrial automation and the healthcare industry. It specialises in product innovation for embedded systems and cloud technologies, enabling fast and connected solutions for end users.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Praruh Technologies IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Praruh Technologies IPO Details
| Detail | Description |
|---|---|
| IPO Date | September 24, 2025 to September 26, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹60 to ₹63 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 37,30,000 shares (aggregating up to ₹23.50 Cr) |
| Reserved for Market Maker | 1,88,000 shares (aggregating up to ₹1.18 Cr) SMP Securities Ltd. |
| Net Offered to Public | 35,42,000 shares (aggregating up to ₹22.31 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,02,00,000 shares |
| Share Holding Post Issue | 1,39,30,000 shares |
Praruh Technologies IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Wed, Sep 24, 2025 |
| IPO Close Date | Fri, Sep 26, 2025 |
| Tentative Allotment | Mon, Sep 29, 2025 |
| Initiation of Refunds | Tue, Sep 30, 2025 |
| Credit of Shares to Demat | Tue, Sep 30, 2025 |
| Tentative Listing Date | Wed, Oct 1, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Sep 26, 2025 |
Praruh Technologies IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,52,000 |
| Individual investors (Retail) (Max) | 2 | 4,000 | ₹2,52,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,78,000 |
| S-HNI (Max) | 7 | 14,000 | ₹8,82,000 |
| B-HNI (Min) | 8 | 16,000 | ₹10,08,000 |
Praruh Technologies IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 100.00% |
| Promoter Holding Post Issue | 73.66% |
Competitive Strength:
- • Pioneer in IoT and embedded systems with end-to-end product development capabilities.
- • Wide application across smart homes, agriculture, healthcare and industrial automation verticals.
- • Experienced promoters with technical and business expertise in embedded and IoT domains.
- • Growing client base with customized solutions that meet evolving market demands.
Praruh Technologies IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 54.78 | 62.62 | 6.79 | 18.12 | 17.11 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 38 | 62 | 7 | 11 | 13.51 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 17.61 | 28.04 | 2.18 | 4.83 | 1.8 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 46.08% |
| ROCE | 53.62% |
| Debt/Equity | 0.94 |
| RoNW | 46.08% |
| PAT Margin | 10.96% |
| EBITDA Margin | 16.92% |
| Price to Book Value | 3.55 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 6.65 | 5 |
| P/E (x) | 9.47 | 13 |
Conclusion
Praruh Technologies IPO offers investors a stake in a forward-looking IoT technology company with a diversified product portfolio and multiple application areas. As IoT adoption grows across sectors, Praruh’s technology-driven approach and market responsiveness position it for growth. The IPO funds will aid technology development, market expansion and scaling operations, supporting the company’s vision to create intelligent and interconnected solutions.
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