Prostarm Info Systems IPO subscription started on Tuesday, May 27, 2025, and will close on Thursday, May 29, 2025, as per the schedule. The price band is set at ā¹132 to ā¹135 per share with a face value of ā¹10.Ā
Prostarm Info Systems IPO Subscription Status
Prostarm Info Systems IPO subscribed over 3.58x on its First day till 05.00 PM on 27th May 2025.Ā
- Prostarm Info Systems IPO subscription QIB investors portion is 0.05x times, while NII subscribed 6.84x times and RII investors subscribed 4.20x times.
- The company has received bids for 4,00,93,700 shares against 1,12,00,000 shares on offer on the First day.
- Prostarm Info Systems IPO subscribed over 3.58x on day 1.
About Prostarm Info Systems IPOĀ
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 have benefited from 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, ā¹17,130.73 Lacs in 2022 to ā¹25,787.04 Lacs in 2024, since founding to now, they have always been focused on the consumersā satisfaction and adaptability regarding business to fulfill clients’ needs.
Prostarm Info Systems IPO Company Financial Report
The company reported revenue of ā¹259.23 crores in 2024 against ā¹232.35 crores in 2023. The company reported a profit of ā¹22.83 crores in 2024 against a profit of ā¹19.35 crores in 2023.
Prostarm Info Systems IPO GMP:
Prostarm Info SystemsĀ IPO GMP was ā¹27 as of Tuesday, 27th May 2025. That indicates the IPO is trading at ā¹132 with a ā¹27 premium in the grey market against the issue price of ā¹105.
