As an investor, deciding whether the IPO is Good or Bad to invest in can often be challenging. If you are confused and worried about whether to Apply or Not the Prostarm Info Systems IPO. Then worry not, here we are describing 10 important key points & an in-depth, detailed Prostarm Info Systems IPO review which will help you to make the decision.
Strengths and Weaknesses of Prostarm Info Systems IPO
Strengths:
- Prostram Info Systems has a track record of constantly expanding the company’s portfolio to meet the diverse needs of the customers.
- The company has established a presence of building strong relationships with our customers and will keep working to make them even stronger.
- Supported by 22 branch offices and 2 storage facilities across 17 states and 1 Union territory.
- The company consists of experienced promoters and a senior management team.
Weaknesses:
- The Company mostly runs its business with a limited number of customers any loss of these customers can negatively affect their business.
- Prostarm Info Systems’ manufacturing units are located in Maharashtra, India, meaning their operations are exposed to issues like regional and local problems, which may affect the business, financial performance, and cash flow.
- Issues such as changes in working techniques, delays in payment, or lack of accurate information are occurring with third-party dealers and distributors can badly impact the business, cash flow, and overall financial condition.
Prostarm Info Systems IPO Details
| IPO Size | ₹168 crores |
| Offer-for-sale | No Offer-for-Sale |
| Fresh issue | ₹168 crores |
| Price band | ₹95 to ₹105 |
| Subscription | Opens on May 27, 2025, and the closing date is May 29, 2025 |
| Purpose of IPO | Fresh Issue |
Prostarm Info Systems IPO Open and closing date?
The Prostarm Info Systems IPO opening date is May 27, 2025, and the closing date is May 29, 2025.
What is the size of the Prostarm Info Systems IPO?
Prostarm Info Systems planned to raise funds of around ₹168 crores via IPO. This IPO comprises entirely a fresh issue of ₹168 crores with a face value of Rs.10 each.
What are the subscription details of the Prostarm Info Systems IPO?
The price range of Prostarm Info Systems IPO is set as ₹95 to ₹105 per share. In this IPO, a total of 142 shares were available in 1 lot size for the minimum Retail category, and for the maximum retail category, 1846 shares in 13 lot sizes were available. For the S-HNI Minimum category, 1,988 shares were available in the 14 lot sizes. While for the B-HNI Minimum category, 9,656 shares were available in 68 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,910 and maximum investment of ₹1,93,830.
- Small HNI (S-HNI): Minimum investment of ₹2,08,740.
- Big HSI (S-HNI): A minimum investment of 10,13,880 is required.
What is the Prostarm Info Systems IPO listing Date?
Prostarm Info Systems is a Mainboard IPO shares will be listed on June 3, 2025, on the BSE (Bombay Stock Exchange) & NSE (National Stock Exchange).
What are the objectives of the Prostarm Info Systems IPO Issue?
The raised funds from the fresh issue will be utilized to handle the working capital requirements of our Company. Some of the funds will be used for the Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company, the Acquisition of further stake in our Subsidiary to make it a wholly owned subsidiary, and achieving inorganic growth through unidentified acquisitions and other strategic initiatives. At last, use the remaining funds to support general corporate purposes.
About Prostarm Info Systems
Prostram Info Systems is one of the renowned companies involved in designing, manufacturing, assembling, selling, servicing, and supplying Energy Storage and Power Conditioning Equipment (“Power Solution Products”) in India. Its Power Solution Products consist of USP systems, inverter systems, lift inverter systems, solar hybrid inverter systems, lithium-ion battery packs, servo-controlled voltage stabilisers (“SCVS”), isolation transformers, and other power solution products. Postram Info Systems is backed by 22 brand offices and 2 storage facilities across 17 states and 1 union territory in India. Since the establishment of the company, its goal has been to offer products and services that meet the requirements of its customers and provide complete satisfaction.
Prostarm Info Systems Financials
The company reported revenue of ₹259.23 crores in 2024 against ₹232.35 crores in 2023. The company reported a profit of ₹22.83 crores in 2024 against a profit of ₹19.35 crores in 2023.
Prostarm Info Systems IPO Promoters
Ram Agarwal, Sonu Ram Agarwal, and Vikas Shyamsunder Agarwal are the promoters of the company.
Who are the Prostarm Info Systems IPO lead managers and registrar?
Choice Capital Advisors Private Limited is the lead manager of Prostarm Info Systems, while KFin Technologies Limited is the registrar of the company.
Should you Apply or Not for the Prostarm Info Systems IPO?
Prostram Info System is engaged in the supply of Energy Storage Equipment and Power Conditioning Equipment (“Power Solution Products”). Investors who are interested in Power Solution Products can invest in this IPO with a long-term approach. With over 15 years of operating history in dealing with energy storage equipment and power conditioning equipment, they have successfully earned the trust of 700 customers. In FY24, the company has generated a revenue of ₹259.23 crores, reflecting a significant growth compared to FY23.
With this type of growth and revenue, it seems like Prostarm Info Systems’ IPO will definitely be a good IPO to invest in for investors. However, before applying for this IPO, one must check the company’s financial background, cash flow, revenue, and assets. You must have certain funds to apply.
