Praruh Technologies IPO subscribed 1.21 times on the last day. The retail quota was subscribed over 0.93 times, NII was subscribed over 2.14 times, and QIB was subscribed over 1.01 times, respectively.
Details About Praruh Technologies IPO
Praruh Technologies got approval from SEBI for an IPO of around ₹23.50 crores. Praruh Technologies IPO is a fresh issue of ₹23.50 crores with a face value of ₹10 each. Further, Praruh Technologies had a set price band between ₹60 to ₹63 per share.
In the Praruh Technologies IPO, 4,000 shares were available in two lot sizes for the retail minimum and maximum categories. Moreover, 6,000 shares were in 3 lot sizes for the S-HNI Minimum category. 14,000 shares were in 7 lot sizes for S-HNI Maximum. Lastly, 16,000 shares were available in 8 lot sizes for B-HNI Minimum.
To invest in the Praruh Technologies IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,52,000.
- SHNI (Min): Minimum investment of ₹3,78,000.
- SHNI (Max): Maximum investment of ₹8,82,000.
- B-HNI Min: Minimum investment of ₹10,08,000.
Praruh Technologies IPO’s Subscription Duration
Praruh Technologies IPO was started for subscription on September 24, 2025, and closed on September 26, 2025. The Praruh Technologies IPO’s allotment date was September 29, 2025, and they received a refund on September 30, 2025. In contrast, Praruh Technologies’ listing date is scheduled for October 1, 2025.
Praruh Technologies IPO funds deployment
- The proceeds raised from the fresh issue will be utilized towards the Repayment of certain borrowings taken by the company.
- Some funds will be used towards the Unidentified acquisitions in India.
- Some proceeds will be utilized towards the Working Capital Requirement of the company.
- Lastly, the remaining funds will be used for the company’s general corporate purposes.
About Praruh Technologies Company
Praruh Technologies Limited started in 2019. It is a company that helps businesses set up and manage their IT systems and use technology to improve their work. The name of Praruh has a deep meaning: “grow”. This firm is an expert in providing many services like hardware, software, data centers, networking, storage, security, audio-video setups, and teamwork (collaboration) solutions.
The company also has a skilled, knowledgeable, and experienced team that can help with sales and services; in fact, they are willing to provide 24/7 support to solve IT problems quickly and effectively.
The company provides System Integration, wherein they offer end-to-end IT solutions that simplify systems, improve how work gets done, and help businesses run better—all across India.
Financial Report of the Praruh Technologies Company
The company reported revenue of ₹62.62 crores in 2025 against ₹61.66 crores in 2024. The company reported a profit of ₹6.79 crores in 2025 against a profit of ₹6.50 crores in 2024.
