Prostarm Info Systems IPO Date, Review, Price, Allotment Details

Prostarm Info Systems IPO Details

Prostarm Info Systems IPO Market Lot

The Prostarm Info Systems IPO minimum market lot is 142 shares with ₹14,910 application amount. The retail investors can apply up-to 13 lots with 1846 shares of ₹1,93,830 amount.

Prostarm Info Systems IPO Dates

The Prostarm Info Systems IPO date is May 27 and the close date is May 29. The Prostarm Info Systems IPO allotment will be finalized on May 30 and the IPO listing on Jun 3.

Promoters of Prostarm Info Systems IPO

The promoters of the company are Ram Agarwal, Sonu Ram Agarwal And Vikas Shyamsunder Agarwal.

About Prostarm Info Systems IPO

Prostarm Info Systems is one of the top firms, as it has top-notch power conditioning equipment for creating, assembling, selling, and servicing. Education to healthcare, railways to aviation, research to defense and security all are benefited by this company, as they have expertise and knowledge. Its power solution has lithium-ion battery packs, servo-controlled voltage stabilizers (SCVS), isolation transformers, UPS systems, inverter systems, lift inverter systems, and solar hybrid inverter systems. Prostarm Info Systems is helped by 22 branch offices and 2 storage facilities across 17 states and 1 union territory in India. Financially, ₹17,130.73 Lacs in 2022 to ₹25,787.04 Lacs in 2024, since founding to now, they have always been focused on the consumers’ satisfaction and adaptability regarding business to fulfill, clients needs.

Prostarm Info Systems IPO Company Financial Report

The company reported revenue of ₹259.23 crores in 2024 against ₹232.35 crore in 2023. The company reported profit of ₹22.83 crores in 2024 against profit of ₹19.35 crores in 2023.

Amount ₹ in Crores

Prostarm Info Systems IPO Valuation – FY2024

Check Prostarm Info Systems IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group Comparison

Objects of the Issue

• Funding working capital requirements of our Company;
• Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company;
• Acquisition of further stake of our Subsidiary to make it a wholly owned subsidiary; and
• Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and General Corporate Purposes

Prostarm Info Systems IPO Review

• Canara Bank –
• DRChoksey FinServ –
• Emkay Global –
• Hem Securities –
• IDBI Capital –
• Marwadi Shares –
• Nirmal Bang –
• SBICAP Securities –
• Sharekhan –
• SMC Global –
• Sushil Finance –
• Swastika Investmart –
• Ventura Securities –
• Geojit –
• Reliance Securities –
• Capital Market –
• BP Wealth –
• ICICIdirect –
• Choice Broking –

Prostarm Info Systems IPO Registrar

KFin Technologies Limited
Phone: +91 40 6716 2222
E-mail: [email protected]
Website: https://ris.kfintech.com/

IPO Lead Managers aka Merchant Bankers

• Choice Capital Advisors Private Limited

Company Address

Prostarm Info Systems Limited
Plot No. EL 79, Electronic Zone,
TTC, MIDC, Mahape, Navi Mumbai,
Thane – 400 710, Maharashtra,
India
Phone: 022 4528 0500
E-mail: [email protected]
Website: www.prostarm.com

Prostarm Info Systems IPO FAQs