May 30, 2025
admin
Prostarm Info Systems IPO GMP, Details, Guidance, Subscription Status, allotment @ Chanakyanipothi.com
A legacy of 31 Years.
India`s Oldest Investment & IPO website.
Most Trusted by Investors across India.
Table of Contents
- GMP
- Reviews
- Subscription
- Allotment
What is the latest news relating to Prostarm Info Systems IPO?
The IPO has received sebi nod on 31 January 2025 and now the company will enter the market on 27 May. The IPO will close on 29 May. Retail portion is 35% of the IPO.
What is the latest GMP of Prostarm Info Systems IPO?
Click
Prostarm Info Systems IPO(Closed on 29 May 2025)Price Rs. 105 Lot 142 shares, Net Rs. 168.00 Crore |
|||||
| QIB | B HNI X | S HNI X | NII X | RII X | Total X |
| 102.67 | 249.80 | 166.79 | 222.13 | 39.48 | 96.68 |
| Applications: 17,54,408 Note: In spite of small size, retail portion received not so good response. |
|||||
What are the promoters of Prostarm Info Systems IPO?
THE PROMOTERS ARE RAM AGARWAL, SONU RAM AGARWAL AND VIKAS SHYAMSUNDER AGARWAL
What are the Objects of Prostarm Info Systems IPO?
The Offer comprises only an Fresh issue of shares
The net proceeds of the Issue are proposed to be utilized for the following objects:
1. Funding working capital requirements of our Company;
2. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company;
3. Acquisition of further stake of our Subsidiary to make it a wholly owned subsidiary; and
4. Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and General Corporate Purposes
What is the business of Prostarm Info Systems?
Prostartm: Leading Provider of Power Solution Products in India
Prostartm is a trusted name in the design, manufacturing, assembly, sale, service, and supply of Energy Storage Equipment and Power Conditioning Equipment in India. Their diverse range of products includes UPS systems, inverter systems, lift inverter systems, solar hybrid inverter systems, lithium-ion battery packs, servo-controlled voltage stabilizers (SCVS), isolation transformers, and other essential power solutions.
The company offers both customized and standard products manufactured at their in-house facilities and through third-party contract manufacturers. In addition to core products, Prostartm also provides third-party batteries, reverse logistics for UPS systems and batteries, and end-of-life disposal services. The company specializes in rooftop solar photovoltaic power plant projects on an EPC basis across India. Prostartm’s services include installation, rental services, after-sales support, warranty services, and Annual Maintenance Contracts (AMCs), meeting the needs of a wide customer base.
Prostartm is known for its reliable and affordable power electronics solutions, particularly in critical sectors like banking, finance, healthcare, and education. With expertise spanning across industries like aviation, renewable energy, BFSI, defense, and oil & gas, Prostartm has built a strong reputation for delivering dependable UPS systems.
The company’s operations are supported by 22 branch offices and 2 storage facilities across 17 states and 1 union territory in India. With 3 manufacturing units located in Maharashtra, Prostartm ensures high-quality production standards. It is also an empaneled vendor for several prestigious organizations, including the Airports Authority of India, NTPC, and the Public Works Department.
For more information, click www.prostarm.com
Prostarm Info Systems IPO GMP, Particulars & Guidance
| Prostarm Info Systems IPO Details | |
| IPO opens on | 27 May 2025 |
| IPO closes on | 29 May 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 16,000,000 Shares / Rs 168 Crore |
| * Fresh Issue | 16,000,000 Shares / Rs 168 Crore |
| * Offer for Sale | – Shares / Rs _ Crore |
| Face Value per share: | Rs. 10 |
| Price Band | Rs. 95-105 |
| Retail Discount | Rs 0 per share |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 142 Shares |
| Listing will at | BSE, NSE |
| Shares offered in this IPO? |
Shares | Rs. in Crore |
| QIB (50 %) | 8000000 | 84 |
| NII (15 %) | 2400000 | 25.20 |
| RII (35 %) | 5600000 | 58.80 |
| Employees | ||
| Total Shares | 16000000 | 168 |
| Retail portion will be oversubscribed by | ? Forms. | |
| How to apply in this IPO? | Amount Rs. |
|
| Min Retail Application | 142 Shares | 14910 |
| Max Retail Application | 1846 Shares | 193830 |
| Small HNI (Min) application | 1988 Shares | 208740 |
| Small HNI (Max) application | 9514 Shares | 998970 |
| Big HNI Application | 9656 Shares | 1013880 |
| What is the timetable of this IPO? | |
| IPO opens on | 27 May 2025 |
| IPO Closes on | 29 May 2025 |
| IPO Allotment on | 30 May 2025 |
| Unblocking of Asba | 2 June 2025 |
| Credit of Shares | 2 June 2025 |
| Listing of Shares | 3 June 2025 |
| Registered Office of the company Plot No. EL 79, Electronic Zone, TTC, MIDC, Mahape Navi Mumbai, Thane – 400 710, Maharashtra |
|
| Who is the Lead Manager of Prostarm Info Systems IPO? Choice Capital Advisors Private Limited |
|
| Registrar to IPO | |
| Kfin Technologies ltd |
| Prostarm Info Systems IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs. in Cr | Rs.in Cr | Rs. | % | |
| 2021-22 | 172.05 | 10.87 | 2.66 | 32.33 |
| 2022-23 | 232.35 | 19.35 | 4.66 | 39.20 |
| 2023-24 | 259.23 | 22.83 | 5.44 | 32.12 |
| Book Value of the Share on 31.03.2024 |
19.67 | |||
| BV of the Share after the IPO |
Rs. | ? | ||
| Offer Price at Cap | Rs. | 105 | ||
| IPO Ratio Analysis | |
| Price /EPS | 19.30 |
| Price/Book Value Ratio | ? |
| Price/BV after IPO | ? |
How Prostarm Info Systems IPO compares with the Peers?
Peer Comparison.
| Company Name | P/E (x) | RoNW (%) |
| Prostarm Info Systems | 32.09 | |
| Servotech Power Systems | 243 | 10.5 |
| Sungarner Energies | 55 | 16.78 |
# This is only coverage of News related to Grey Market. We do not deal in grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Prostarm Info Systems IPO Guidance by Paresh Gordhandas, CA & Research Analyst.
Soon, We will post our review.
Quicklinks
