Bookbuilding IPO | ₹40 Cr | Listed at NSE SME | Thu, Jun 26, 2025 - Mon, Jun 30, 2025
PRO FX Tech IPO is a book build issue of ₹40.30 crores. The issue is entirely a fresh issue of 0.46 crore shares of ₹40.30 crore.
PRO FX Tech IPO bidding started from Jun 26, 2025 and ended on Jun 30, 2025. The allotment for PRO FX Tech IPO was finalized on Jul 1, 2025. The shares got listed on NSE SME on Jul 3, 2025.
PRO FX Tech IPO price band is set at ₹87 per share. The lot size for an application is 1,600. The minimum amount of investment required by an retail is ₹1,39,200 (1600 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (3,200 shares), amounting to ₹2,78,400.
Hem Securities Ltd. is the book running lead manager and Cameo Corporate Services Ltd. is the registrar of the issue. The Market Maker of the company is Hem Finlease Pvt.Ltd..
Refer to PRO FX Tech IPO RHP for detailed Information.
IPO Open
Thu, Jun 26, 2025
IPO Close
Mon, Jun 30, 2025
Issue Price
₹87 per share
Market Cap (Pre-IPO)
₹152.28 Cr
| IPO Date | 26 to 30 Jun, 2025 |
| Listed on | Thu, Jul 3, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹82 to ₹87 |
| Issue Price | ₹87 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 46,32,000 shares (agg. up to ₹40 Cr) |
| Reserved for Market Maker | 2,40,000 shares Hem Finlease Pvt.Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 43,92,000 shares (agg. up to ₹38 Cr) |
| Net Offered to Public | 43,92,000 shares (agg. up to ₹38 Cr) |
| Share Holding Pre Issue | 1,28,71,686 shares |
| Share Holding Post Issue | 1,75,03,686 shares |
| NSE Symbol | PROFX |
| ISIN | INE0VJT01017 |
PRO FX Tech IPO comprises a total issue size of 46,32,000 shares. The net offer to the public is 43,92,000 shares, after excluding 2,40,000 shares allotted on a firm basis. Of the Net offer 21,95,200 (49.98%) are allocated to QIB, 6,59,200 (15.01%) allocated to NII 15,37,600 (35.01%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 21,95,200 | 49.98% | 47.39% |
| − Anchor Investor Shares Offered | 13,16,800 | 28.43% | |
| − QIB (Ex. Anchor) Shares Offered | 8,78,400 | 18.96% | |
| NII (HNI) Shares Offered | 6,59,200 | 15.01% | 14.23% |
| Retail Shares Offered | 15,37,600 | 35.01% | 33.20% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,40,000 | 5.18% | |
| Total Shares Offered | 46,32,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,39,200 |
| Retail (Max) | 1 | 1,600 | ₹1,39,200 |
| HNI (Min) | 2 | 3,200 | ₹2,78,400 |
PRO FX Tech IPO raises ₹11.46 crore from anchor investors. PRO FX Tech IPO Anchor bid date is June 25, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Wed, Jun 25, 2025 |
| Shares Offered | 13,16,800 |
| Anchor Portion (₹ Cr.) | 11.46 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Jul 31, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Sep 29, 2025 |
Established in 2006, PRO FX Tech Limited distributes AV products like amplifiers, processors, turntables, audio streamers, speakers, subwoofers, sound bars, and cables.
The company designs custom AV solutions for home theatres, automation, multi-room audio, and corporate clients.
The company sells products to brands like Denon, Polk, and JBL, providing distribution rights to ensure access to the latest AV innovations and high-quality international products.
The company runs seven showrooms and two experience Centres in six Indian cities: Ernakulum, Mysore, Mumbai, Bangalore, Coimbatore, and Chennai, showcasing its product range.
As of August 31, 2024, the company employs a total of 104 individuals, which includes 49 personnel in the sales and marketing department and 43 individuals in the technical support division.
Competitive Strength:
PRO FX Tech Ltd.'s revenue increased by 17% and profit after tax (PAT) rose by 30% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 66.15 | 46.41 | 37.50 | 32.95 |
| Total Income | 130.05 | 110.94 | 96.26 | 86.25 |
| Profit After Tax | 12.24 | 9.44 | 6.35 | 4.28 |
| EBITDA | 17.06 | 14.37 | 10.10 | 7.36 |
| NET Worth | 36.91 | 24.72 | 15.37 | 8.23 |
| Reserves and Surplus | 24.56 | 12.33 | 15.75 | 9.40 |
| Total Borrowing | 2.05 | 3.82 | 0.62 | 1.55 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment of a portion of certain borrowing availed by the Company | 1.50 |
| 2 | Funding capital expenditure towards setting-up of 3 new Showroom cum experience centres (“Showroom”) | 7.47 |
| 3 | To meet Working Capital requirements | 19.00 |
| 4 | General Corporate Purpose | 8.53 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 39.71% |
| ROCE | 45.55% |
| Debt/Equity | 0.06 |
| RoNW | 33.15% |
| PAT Margin | 9.41% |
| EBITDA Margin | 13.19% |
| Price to Book Value | 3.03 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 9.51 | 6.99 |
| P/E (x) | 9.15 | 12.44 |
| Promoter Holding | 68.4% | 50.3% |
| Market Cap | ₹152.28 Cr. |
The PRO FX Tech IPO is subscribed 25.42 times on June 30, 2025 6:19:59 PM (Day 3). The public issue subscribed 14.09 times in the retail category, 22.03 times in the QIB category, and 56.36 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 22.03 | 8,78,400 | 1,93,50,400 | 15 |
| NII* | 56.36 | 6,59,200 | 3,71,50,400 | 948 |
| Retail | 14.09 | 15,37,600 | 2,16,67,200 | 13,542 |
| Total | 25.42 | 30,75,200 | 7,81,68,000 | 14,505 |
Total Application : 14,505
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manger fees | 1.01 |
| 2 | Fees Payable to Registrar to the Issue | 0.01 |
| 3 | Fees Payable for Advertising and Publishing Expenses | 0.26 |
| 4 | Fees Payable to Regulators including Stock Exchanges | 0.06 |
| 5 | Payment for Printing & Stationery, Postage, etc. | 0.01 |
| 6 | Fees Payable to Auditor, Legal Advisors and other Professionals | 0.03 |
| 7 | Others, if any (Fees payable for Marketing & distribution expenses, Sponsor Bank/Banker(s) to the Issue, Selling Commission, Brokerage, depositories, secretarial, advisors, consultancy, peer review auditors, Processing Fees*, Underwriting fees and Miscellaneous Expenses) | 2.42 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹87.00 |
| Open | ₹95.00 |
| Low | ₹95.00 |
| High | ₹99.75 |
| Last Trade | ₹99.75 |
Lead Manager Reports
PRO FX Tech IPO is a SME IPO of 46,32,000 equity shares of the face value of ₹10 aggregating up to ₹40 Crores. The issue is priced at ₹87 per share. The minimum order quantity is 1600.
The IPO opens on Thu, Jun 26, 2025, and closes on Mon, Jun 30, 2025.
Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in PRO FX Tech IPO using UPI as a payment gateway. Zerodha customers can apply in PRO FX Tech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in PRO FX Tech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The PRO FX Tech IPO opens on Thu, Jun 26, 2025 and closes on Mon, Jun 30, 2025.
PRO FX Tech IPO lot size is 1600, and the minimum amount required for application is ₹1,39,200.
You can apply in PRO FX Tech 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 PRO FX Tech IPO will be done on Tuesday, July 1, 2025, and the allotted shares will be credited to your demat account by Wed, Jul 2, 2025. Check the PRO FX Tech IPO allotment status.
The PRO FX Tech IPO listing date is on Thu, Jul 3, 2025.
