Prostarm Info Systems Limited
May 27, 2025 - May 29, 2025
Prostarm Info Systems Limited IPO Details
Mainline
Status
listed
Issue Price
₹95.00 - ₹105.00
Lot Size
142 Shares
Subscription
96.68 times
Listing Price
Face Value
₹10 Per share
Issue Size
Approx ₹168 Cr
Fresh Issue
Approx ₹168 Cr
Total Shares Offered
-
Retail Quota
-
QIB Quota
-
HNI Quota
-
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Bookbuilding IPO
Listing On
BSE, NSE
Registrar
Kfin Technologies Limited
IPO Tentative Timetable
Open Date
Tue May 27 2025
Close Date
Thu May 29 2025
Allotment Date
Fri May 30 2025
Refunds Initiation
Mon Jun 02 2025
Demat Transfer
Mon Jun 02 2025
Listing Date
Tue Jun 03 2025
Promoters
Pre issue Share Holding
100.00%
Post issue Share Holding
72.82%
Company Promoters
- -
Lead Managers
Choice Capital Advisors Pvt Ltd
Live Subscription
| Date | QIB | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | Total |
|---|---|---|---|---|---|---|
| May 27, 2025 | 0.05 | 6.86 | 6.75 | 7.09 | 4.25 | 3.61 |
| May 28, 2025 | 1.03 | 27.29 | 25.98 | 29.91 | 13.20 | 12.74 |
| May 29, 2025 | 102.67 | 222.13 | 249.80 | 166.78 | 39.48 | 96.68 |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 142 | ₹14,910 |
| Retail (Max) | 13 | 1846 | ₹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 |
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 |
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - | NA |
| QIB Shares Offered | 32,00,000 (28.57%) | NA |
| NII (HNI) Shares Offered | 24,00,000 (21.43%) | - |
| bNII > ₹10L | 16,00,000 (14.29%) | 804 |
| sNII < ₹10L | 8,00,000 (7.14%) | 402 |
| Retail Shares Offered | 56,00,000 (50.00%) | 39,436 |
| Total Shares Offered | 1,12,00,000 (100%) | - |
Company Financial
| 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 |
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.
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.
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.
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 Contact
plot no. el 79electronic zone, ttc, midc,mahape navi mumbai, thane
Phone: 022 4528 0500
Email: cs@prostarm.com
Website: https://prostarm.com/
Registrar Contact
Phone: 04067162222, 04079611000
Email: pisl.ipo@kfintech.com