Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Prostarm Info Systems IPO is a book build issue of ₹168.00 crores. The issue is entirely a fresh issue of 1.60 crore shares of ₹168.00 crore.
Prostarm Info Systems IPO bidding started from May 27, 2025 and ended on May 29, 2025. The allotment for Prostarm Info Systems IPO was finalized on May 30, 2025. The shares got listed on BSE, NSE on Jun 3, 2025.
Prostarm Info Systems IPO price band is set at ₹105.00 per share . The lot size for an application is 142. The minimum amount of investment required by an retail is ₹13,490 (142 shares). The lot size investment for sNII is 14 lots (1,988 shares), amounting to ₹2,08,740, and for bNII, it is 68 lots (9,656 shares), amounting to ₹10,13,880.
Choice Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Prostarm Info Systems IPO RHP for detailed Information.
| IPO Date | May 27, 2025 to May 29, 2025 |
| Listing Date | June 3, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹95 to ₹105 per share |
| Issue Price Final | ₹105 per share |
| Lot Size | 142 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 1,60,00,000 shares (aggregating up to ₹168.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 4,28,74,592 shares |
| Share Holding Post Issue | 5,88,74,592 shares |
Prostarm Info Systems IPO offers total 1,60,00,000 shares. Out of which 80,00,000 (50.00%) allocated to QIB, 32,00,000 (20.00%) allocated to QIB (Ex- Anchor), 24,00,000 (15.00%) allocated to NII, 56,00,000 (35.00%) allocated to RII and 48,00,000 (30.00%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 80,00,000 (50.00%) | NA |
| − Anchor Investor Shares Offered | 48,00,000 (30.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 32,00,000 (20.00%) | NA |
| NII (HNI) Shares Offered | 24,00,000 (15.00%) | NA |
| − bNII > ₹10L | 16,00,000 (10.00%) | 804 |
| − sNII < ₹10L | 8,00,000 (5.00%) | 402 |
| Retail Shares Offered | 56,00,000 (35.00%) | 39,436 |
| Total Shares Offered | 1,60,00,000 (100.00%) |
Prostarm Info Systems IPO raises ₹50.40 crore from anchor investors. Prostarm Info Systems IPO Anchor bid date is May 26, 2025. Prostarm Info Systems IPO Anchor Investors list
| Bid Date | May 26, 2025 |
| Shares Offered | 48,00,000 |
| Anchor Portion Size (In Cr.) | 50.40 |
| Anchor lock-in period end date for 50% shares (30 Days) | June 28, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | August 28, 2025 |
Prostarm Info Systems IPO opens on May 27, 2025, and closes on May 29, 2025.
| IPO Open Date | Tue, May 27, 2025 |
| IPO Close Date | Thu, May 29, 2025 |
| Tentative Allotment | Fri, May 30, 2025 |
| Initiation of Refunds | Mon, Jun 2, 2025 |
| Credit of Shares to Demat | Mon, Jun 2, 2025 |
| Tentative Listing Date | Tue, Jun 3, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, May 29, 2025 |
Investors can bid for a minimum of 142 shares and in multiples 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 |
|---|---|---|---|
| Retail (Min) | 1 | 142 | ₹14,910 |
| Retail (Max) | 13 | 1,846 | ₹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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 230.04 | 203.05 | 155.39 | 98.03 |
| Total Income | 270.27 | 259.23 | 232.35 | 172.05 |
| Profit After Tax | 22.11 | 22.80 | 19.35 | 10.87 |
| EBITDA | 35.89 | 36.62 | 29.15 | 16.57 |
| 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 |
| Amount in ₹ Crore | ||||
The market capitalization of Prostarm Info Systems IPO is ₹618.18 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 31.41% |
| ROCE | 32.41% |
| Debt/Equity | 0.51 |
| RoNW | 32.09% |
| PAT Margin | 8.85% |
| EBITDA Margin | 14.20% |
| Price to Book Value | 5.34 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 5.32 | 5.01 |
| P/E (x) | 19.75 | 20.97 |
The Company Prostarm Info Systems 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 | Funding working capital requirements of the Company. | 72.50 |
| 2 | Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company | 17.96 |
| 3 | Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes. |
[Dilip Davda] PISL is engaged in supply of energy storage equipment and power conditioning equipment along with related services. The company marked growth in its top and bottom lines for the reported periods. The sudden boost in its bottom lines from FY23 onward is on account of its ability to provide all related services under one roof. Based on its financial data, the IPO appears fully priced. Investors may lap it up for long term. Read detail review...
| Listing Date | June 3, 2025 |
| BSE Script Code | 544410 |
| NSE Symbol | PROSTARM |
| ISIN | INE0BX301013 |
| Final Issue Price | ₹105 per share |
| NSE Listing Group | EQ (Rolling) |
| BSE Listing Group | B |
Prostarm Info Systems Ltd.
Plot No. EL 79
Electronic Zone, TTC, MIDC,
Mahape Navi Mumbai, Thane
Mumbai, Maharashtra, 400710
Phone: 022 4528 0500
Email: cs@prostarm.com
Website: https://prostarm.com/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: pisl.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Prostarm Info Systems IPO is a main-board IPO of 1,60,00,000 equity shares of the face value of ₹10 aggregating up to ₹168.00 Crores. The issue is priced at ₹105 per share. The minimum order quantity is 142.
The IPO opens on May 27, 2025, and closes on May 29, 2025.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Prostarm Info Systems IPO using UPI as a payment gateway. Zerodha customers can apply in Prostarm Info Systems IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Prostarm Info Systems IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Prostarm Info Systems IPO opens on May 27, 2025 and closes on May 29, 2025.
Prostarm Info Systems IPO lot size is 142, and the minimum amount required for application is ₹14,910.
You can apply in Prostarm Info Systems 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 Prostarm Info Systems IPO will be done on Friday, May 30, 2025, and the allotted shares will be credited to your demat account by Monday, June 2, 2025. Check the Prostarm Info Systems IPO allotment status.
The Prostarm Info Systems IPO listing date is on Tuesday, June 3, 2025.
Useful Articles
RHP