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Praruh Technologies Ltd. IPO is a book build issue of ₹23.50 crores. The issue is entirely a fresh issue of 0.37 crore shares of ₹23.50 crore.
Praruh Technologies IPO bidding started from Sep 24, 2025 and ended on Sep 26, 2025. The allotment for Praruh Technologies IPO was finalized on Sep 29, 2025. The shares got listed on BSE SME on Oct 1, 2025.
Praruh Technologies IPO price band is set at ₹63.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹2,52,000.00 (4,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (6,000 shares), amounting to ₹3,78,000.
Corporate Makers Capital Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is SMP Securities Ltd..
Refer to Praruh Technologies IPO RHP for detailed Information.
| IPO Date | September 24, 2025 to September 26, 2025 |
| Listing Date | October 1, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹60 to ₹63 per share |
| Issue Price Final | ₹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 SMP Securities Ltd. (aggregating up to ₹1.18 Cr) |
| 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 offers total 37,30,000 shares. Out of which 17,70,000 (47.45%) allocated to QIB, 7,08,000 (18.98%) allocated to QIB (Ex- Anchor), 5,32,000 (14.26%) allocated to NII 12,40,000 (33.24%) allocated to RII and 10,62,000 (28.47%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,88,000 (5.04%) |
| QIB Shares Offered | 17,70,000 (47.45%) |
| − Anchor Investor Shares Offered | 10,62,000 (28.47%) |
| − QIB (Ex. Anchor) Shares Offered | 7,08,000 (18.98%) |
| NII (HNI) Shares Offered | 5,32,000 (14.26%) |
| − bNII > ₹10L | 3,60,000 (9.65%) |
| − sNII < ₹10L | 1,72,000 (4.61%) |
| Retail Shares Offered | 12,40,000 (33.24%) |
| Total Shares Offered | 37,30,000 (100.00%) |
Praruh Technologies IPO raises ₹6.69 crore from anchor investors. Praruh Technologies IPO Anchor bid date is September 23, 2025. Praruh Technologies IPO Anchor Investors list
| Bid Date | September 23, 2025 |
| Shares Offered | 10,62,000 |
| Anchor Portion Size (In Cr.) | 6.69 |
| Anchor lock-in period end date for 50% shares (30 Days) | October 30, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | December 30, 2025 |
Praruh Technologies IPO opens on September 24, 2025, and closes on September 26, 2025.
| 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 |
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2019, Praruh Technologies Limited is an ICT System Integration firm and digital transformation solutions provider.
The company provides hardware, applications, data centers, networking, security, and audio-video solutions. It offers turnkey ICT solutions, ensuring effective, industry-specific services aligned with client's business strategies.
The company assists organizations in revolutionizing their business and driving growth by offering end-to-end system integration solutions and exceptional service experiences.
Services:
System Integration – Praruh provides end-to-end system integration, simplifying IT infrastructure, optimizing workflows, and enhancing business efficiency with expert solutions across India.
IT Consultancy – Praruh offers tailored IT strategies, covering cloud, risk management, disaster recovery, and strategic planning to support business growth.
Security Solutions – Praruh delivers comprehensive security solutions, including endpoint, network, and application security, powered by advanced technologies and leading OEM partnerships.
Networking Solutions – Praruh builds secure networks, offering LAN/WAN design, network auditing, video conferencing, load balancing, and data center deployments.
As of August 31, 2025, the company had 61 employees.
Competitive Strengths:
Praruh Technologies Ltd.'s revenue increased by 2% and profit after tax (PAT) rose by 4% 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 | 54.78 | 38.28 | 17.61 |
| Total Income | 62.62 | 61.66 | 28.04 |
| Profit After Tax | 6.79 | 6.50 | 2.18 |
| EBITDA | 10.47 | 9.88 | 3.02 |
| NET Worth | 18.12 | 11.33 | 4.83 |
| Reserves and Surplus | 7.92 | 11.13 | 4.63 |
| Total Borrowing | 17.11 | 13.51 | 1.80 |
| Amount in ₹ Crore | |||
KPI as of Mon, Mar 31, 2025.
| 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 |
| Market Capitalization | ₹87.76 Cr. |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 6.65 | 4.87 |
| P/E (x) | 9.47 | 12.93 |
The Company Praruh Technologies IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Repayment of Certain Borrowings | 6.33 |
| 2 | Unidentified acquisitions in India | 1.00 |
| 3 | Funding of Working Capital Requirement of the company | 11.00 |
| 4 | General corporate purposes | 2.82 |
[Dilip Davda] PTL is engaged in providing technology solutions as an ICT System integration firm. It posted growth in its top and bottom lines for the reported periods. The company is operating in a highly competitive and fragmented segment. Lead Manager has a poor track record for its past mandates. Based on its recent financial data, the issue appears fully priced. Well-informed/cash surplus/risk savvy investors may park moderate fund for medium term in this “High Risk/Low Return” bet. Read detail review...
| Listing Date | October 1, 2025 |
| BSE Script Code | 544538 |
| NSE Symbol | |
| ISIN | INE0TI501017 |
| Final Issue Price | ₹63 per share |
| BSE Listing Group | MT (Trade to Trade) |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹63.00 |
| Open | ₹62.00 |
| Low | ₹61.04 |
| High | ₹63.00 |
| Last Trade | ₹62.84 |
Praruh Technologies Ltd.
A-58,
Sector -6,
NOIDA, Gautam Budh Nagar
Noida, Uttar Pradesh, 201301
Phone: +911203583845
Email: compliance@praruh.in
Website: http://www.praruh.in/
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: rta@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Praruh Technologies IPO is a SME IPO of 37,30,000 equity shares of the face value of ₹10 aggregating up to ₹23.50 Crores. The issue is priced at ₹63 per share. The minimum order quantity is 2000.
The IPO opens on September 24, 2025, and closes on September 26, 2025.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Praruh Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Praruh Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Praruh Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Praruh Technologies IPO opens on September 24, 2025 and closes on September 26, 2025.
Praruh Technologies IPO lot size is 2000, and the minimum amount required for application is ₹2,52,000, with 2 lots being the minimum application size.
You can apply in Praruh Technologies 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 Praruh Technologies IPO will be done on Monday, September 29, 2025, and the allotted shares will be credited to your demat account by Tuesday, September 30, 2025. Check the Praruh Technologies IPO allotment status.
The Praruh Technologies IPO listing date is on Wednesday, October 1, 2025.
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