PROSTRAM INFO SYSTEMS LIMITED
₹ 160 - ₹ 162
27-May-2025 - 29-May-2025
₹ 23004.00

/ 142 Shares

PROSTRAM INFO SYSTEMS LIMITED

27-May-2025 - 29-May-2025

₹ 160 - ₹ 162

Price Band

₹ 23004.00

Minimum Investment

142

Bid Lot

16,000,000

Shares
  • Face Value - ₹ 10/- Per Share

  • Listing at NSE, BSE

  • 39,436 Application Required in Retail for 1 Time.

  • Registrar : KFin Technologies Limited

IPO Details

Category % Shares/Amount
QIB 50% 8,000,000 Shares RS.84.00 CR
HNI 1 5% 800,000 Shares RS.8.40 CR @ 402 FORM 1X
HNI 2 10% 1,600,000 Shares RS.18.80 CR @ 805 FORM 1X
Retail 35% 5,600,000 Shares RS.58.80 CR @ 39437 FORM 1X

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
39437 FORM 1X 402 FORM 1X 805 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 142 ₹ 23,004
Retail (Upto 2 Lakh) 8 1136 ₹ 184,032
S-HNI (2 Lakh to 10 Lakh) 9 1278 ₹ 207,036
S-HNI (2 Lakh to 10 Lakh) 43 6106 ₹ 989,172
B-HNI (Above 10 Lakh) 44 6248 ₹ 1,012,176

IPO Timeline

  • Open Date

    27-May-2025
  • Close Date

    29-May-2025
  • Basis of Allotment Date

    30-May-2025
  • Initiation of Refunds

    02-Jun-2025
  • Credit Shares to Demat A/c

    02-Jun-2025
  • IPO Listing Date

    03-Jun-2025

About Company

Incorporated in January 2008, Prostarm Info Systems Limited is an Indian company specialising in designing, manufacturing, and selling Energy Storage and Power Conditioning Equipment, known as "Power Solution Products."

The company manufactures various Power Solution Products, including UPS systems, inverter systems, solar hybrid inverter systems, lithium-ion battery packs, and voltage stabilisers.

The company offers customised and standard products, produced in-house and through contract manufacturers. Additionally, they sell third-party batteries and provide reverse logistics, end-of-life disposal services for UPS systems and batteries, and other related products. The company also execute rooftop solar power plant projects in India on an EPC basis.

The services of the company include installation, rental options, and after-sales support, such as warranty, post-warranty care, and Annual Maintenance Contracts (AMC), enhancing the value of our products for diverse customers.

The company serves diverse industries, including healthcare, aviation, research, BFSI, railways, defence, security, education, renewable energy, IT, and oil & gas.

The company's clientele includes the Airports Authority of India; Central Public Works Department, Patna Bihar; Public Works Department, New Delhi; West Bengal Public Health Engineering Department; West Bengal Electronic Industry Development Corporation Limited; Telangana State Technology Services Limited; Railtel Corporation of India Limited; and NTPC Vidyut Vyapar and Nigam Limited

As of May 17, 2025, the company's operations are supported by 21 branch offices and 2 storage facilities across 18 states and 1 union territory in India.

As of March 31, 2025, the company employed a total of 423 permanent staff members and 19 individuals on a contractual basis.

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Strengths

Competitive Strength

  • Evolving product and service offerings for diverse industries.
  • Established relationships with the customers and wide customer base

  • Wide geographical presence and distribution network.

  • Consistent track record of financial performance leading to strong balance sheet position.

  • Experienced Promoters and senior management team with a committed employee base.

Company Promoters

Company Financials

Period Ended 31 Dec 2024 31 Mar 2024 31 Mar 2023 31 Mar 2022
Assets 230.04 203.05 155.39 98.03
Revenue 270.27 259.23 232.35 172.05
Profit After Tax 22.11 22.80 19.35 10.87
Net Worth 107.24 84.30 61.00 40.95
Reserves and Surplus 64.37 41.42 18.13 31.87
Total Borrowing 60.37 43.47 24.85 3.21
Amount in ? Crore

Objects of the Issue

The Company Prostarm Info Systems IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

S.No. Objects of the Issue Expected Amount (in Millions)
1 Funding working capital requirements of the Company. 725.00
2 Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company 179.58
3 Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes  

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to InvestoYard.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with InvestoYard, in just a few clicks your application is processed. You can bid for any IPO through InvestoYard, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on InvestoYard’s IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

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