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Praruh Technologies Ltd. IPO is a Book Build Issue
The equity shares are proposed to be listed on the BSE SME. Corporate Makers Capital Ltd. is the book running lead manager and Maashitla Securities 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 Praruh Technologies IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | [.] to [.] per share |
| Lot Size | |
| Sale Type | Fresh Capital |
| Reserved for Market Maker | 1,87,200 shares (aggregating up to ₹[.] Cr) |
| Net Offered to Public | 37,31,200 shares (aggregating up to ₹[.] Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,02,00,000 shares |
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| NII Shares Offered | 50% of the Net Issue |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, Nov 7, 2024 |
| SEBI/Exchange approval received | Mon, May 19, 2025 |
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, 2024, the company had 47 employees.
Competitive Strengths:
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 38.32 | 17.6 | 13.53 |
| Total Income | 61.66 | 28.04 | 20.28 |
| Profit After Tax | 6.54 | 2.16 | 1.46 |
| Net Worth | 11.37 | 4.82 | 2.56 |
| Reserves and Surplus | 11.17 | 4.62 | 2.46 |
| Total Borrowing | 13.51 | 1.8 | 1.39 |
| Amount in ₹ Crore | |||
| KPI | Values |
|---|---|
| ROE | 57.57% |
| ROCE | 61.27% |
| Debt/Equity | 1.19 |
| RoNW | 57.57% |
| PAT Margin | 10.65% |
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 Millions) |
|---|---|---|
| 1 | Repayment of Certain Borrowings | 70 |
| 2 | Unidentified acquisitions in India | 10 |
| 3 | Funding of Working Capital Requirement of the company | 140 |
| 4 | General corporate purposes |
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 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .
The Praruh Technologies IPO open and close dates are not available as of now.
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 dates are not announced. Please check back again after some time.
Praruh Technologies IPO lot size and the minimum order quantity is not available at this time. Please check again later.
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 [.], and the allotted shares will be credited to your demat account by [.]. Check the Praruh Technologies IPO allotment status.
The Praruh Technologies IPO listing date is not yet announced. The tentative date of Praruh Technologies IPO listing is [.].
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