Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |
Prakhar Software Solutions Ltd. has refiled a Draft Red Herring Prospectus (DRHP) with the exchange on September 29, 2025 to raise funds through Initial Public Offer (IPO).
The initial submission on March 31, 2025 was on prompting the company to refile the documents.
Prakhar Software Solutions Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 1.22 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Arihant Capital Markets Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Prakhar Software Solutions IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 1,22,16,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 1,22,16,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,22,16,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Mar 31, 2025 |
| Offer document withdrawn | |
| Filed with SEBI/Exchange | Mon, Sep 29, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
Incorporated in January 2014, Prakhar Software Solution Limited operates in IT and e-government, providing services from Software Requirement Specification (SRS) document creation to software development and implementation.
The company has expanded into Recruitment Process Outsourcing (RPO), Turnkey Project Management Consultancy (PMC), and Employable Skill Development IT Solutions. Recently, it also ventured into drone services and skill development in the drone industry.
The company has quality accreditations including ISO 9001:2015, ISO 45001:2018, ISO/IEC 20000-1:2018, ISO/IEC 27001:2022, and is CMMI Institute accredited at SVC ML3.
The company has expanded its operations with ten offices and five training centers nationwide.
Services Offered:
The company has offices in Delhi and a training centre in Dodi, Sehore, Madhya Pradesh.
As of March 31, 2025, the company had 260 employees.
Competitive Strength:
Prakhar Software Solutions Ltd.'s revenue increased by 52% and profit after tax (PAT) rose by 138% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 80.19 | 48.08 | 24.62 |
| Total Income | 145.40 | 95.51 | 88.01 |
| Profit After Tax | 18.31 | 7.69 | 4.14 |
| EBITDA | 27.22 | 11.80 | 6.57 |
| NET Worth | 46.55 | 16.32 | 8.65 |
| Reserves and Surplus | 31.26 | 16.02 | 8.35 |
| Total Borrowing | 8.10 | 9.32 | 3.24 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure towards High-Performance GPU Server | 18.83 |
| 2 | Capital expenditure towards upgrading the existing IT infrastructure for the Company | 6.86 |
| 3 | Investment in Sales and Marketing for in-house built technology and Business Expansion | 7.48 |
| 4 | Capital expenditure towards Development, Deployment, and Commercialization of Ultra-Advanced AI Staffing Suite | 30.00 |
| 5 | Funding inorganic growth through Unidentified Acquisition in India and other strategic initiatives and General Corporate Purpose |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 57.91% |
| ROCE | 66.80% |
| Debt/Equity | 0.17 |
| RoNW | 57.91% |
| PAT Margin | 12.64% |
| EBITDA Margin | 18.78% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 89.63% |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the BRLMs (including mandatory underwriting, commission, brokerage and selling commission, as applicable) | |
| 2 | Fee Payable to the Underwriter to the Issue (including Syndicate Member Fee) | |
| 3 | Fee Payable to the Market Maker to the Issue | |
| 4 | Fees payable to the Registrar to the Issue | |
| 5 | Advertising and marketing expenses | |
| 6 | Listing fees, SEBI filing fees, upload fees, NSE processing fees, book building software fees and other regulatory expenses | |
| 7 | Printing and stationery | |
| 8 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the issue. Brokerage and selling commission and bidding charges or Members of the Syndicate, Registered Brokers, RTAs and CDPs | |
| 9 | Others: a. Fee payable to professionals and experts for confirmations and certifications in relation to the Issue | |
| 10 | Miscellaneous |
Lead Manager Reports
Prakhar Software Solutions IPO is a SME IPO of 1,22,16,000 equity shares of the face value of ₹5 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Prakhar Software Solutions IPO open and close dates are not available as of now.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Prakhar Software Solutions IPO using UPI as a payment gateway. Zerodha customers can apply in Prakhar Software Solutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Prakhar Software Solutions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Prakhar Software Solutions IPO dates are not announced. Please check back again after some time.
Prakhar Software Solutions IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Prakhar Software Solutions IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Prakhar Software Solutions IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Prakhar Software Solutions IPO allotment status.
The Prakhar Software Solutions IPO listing date is not yet announced. The tentative date of listing is .
