Prostarm Info Systems Limited IPO
Prostarm Info Systems was incorporated in 2008, it began with the sale and installation of batteries and UPS systems from third-party vendors. Since 2021, the company has expanded into the design, manufacturing, and servicing of energy storage and power conditioning equipment, including UPS systems, inverters, lithium-ion battery packs, solar hybrid systems, stabilizers, and transformers. Products are offered through in-house and contract manufacturing. The company also supplies third-party power products and executes rooftop solar EPC projects across India, supported by installation, AMC, rentals, and after-sales services.
Price Band₹95 - ₹105 |
Dates27 May - 29 May |
GMP₹15 (14.29%) |
Subscriptions97.20 times |
Issue Size₹168.00 Crs |
Prostarm Infosystem IPO Objects
- Funding working capital requirements of our Company
- Repayment of certain outstanding borrowings availed by our Company
- Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
Prostarm Infosystem IPO Details
Price Band₹95 - ₹105 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹168.00 Cr (1.60 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹168.00 Cr (1.60 Cr Shares) |
Face Value₹10 per equity share |
Prostarm Infosystem IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
142
14,910
Maximum
13
1,846
1,93,830
|
|||
| Small HNI |
Minimum
14
1,988
2,08,740
Maximum
67
9,514
9,98,970
|
|||
| Big HNI |
Minimum
68
9,656
10,13,880
|
|||
Prostarm Infosystem IPO Subscription
Updated as on 29-May-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 104.49 | 32,00,000 | 33,43,54,194 |
| NII | 222.14 | 24,00,000 | 53,31,28,918 |
| bNII (bids above ₹10L) | 249.80 | 16,00,000 | 39,96,81,294 |
| sNII (bids between ₹2L to ₹10L) | 166.81 | 8,00,000 | 13,34,47,624 |
| Retail | 39.49 | 56,00,000 | 22,11,58,184 |
| Total | 97.20 | 1,12,00,000 | 1,08,86,41,296 |
Prostarm Infosystem IPO GMP
The estimated Grey Market Premium of Prostarm Infosystem IPO is ₹15 per share (14.29%)
Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Prostarm Infosystem IPO Financials
| Particulars | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 268.63 | 257.87 | 230.36 | 171.31 |
| Profit after Tax | 22.11 | 22.80 | 19.35 | 10.87 |
| Net Worth | 107.24 | 84.30 | 61.00 | 40.95 |
| Total Borrowing | 60.37 | 43.47 | 24.85 | 3.21 |
| Total Assets | 230.04 | 203.05 | 155.39 | 98.02 |
| NAV per share (in ₹) | 25.01 | 19.66 | 14.23 | 9.55 |
| EPS - Basic (in ₹) | 5.35 | 5.44 | 4.66 | 2.66 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 14.20% |
| PAT | 8.84% |
| RONW | 32.09% |
| ROCE | 32.41% |
| Debt to Equity | 0.51 |
| PE Ratio | 19.30 |
| PB Ratio | 5.34 |
| Mkt Cap (in Crs.) | 618.18 |
- All the data pertains to FY 2023-24
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Prostarm Infosystem IPO Peer Comparision
| Particulars | Prostarm Info Systems | Servotech Power | Sungarner Energies |
|---|---|---|---|
| Revenue from Ops (in Crs.) | 257.87 | 353.68 | 17.69 |
| PAT (In Crs.) | 22.80 | 11.80 | 1.07 |
| EPS - Basic | 5.44 | 0.54 | 5.22 |
| NAV per share | 19.66 | 6.54 | 41.32 |
| RONW | 32.09% | 10.50% | 16.78% |
| EBITDA | 14.20% | 6.32% | 11.92% |
| PAT Margin | 8.84% | 3.34% | 6.06% |
| Price to earning (PE) | 19.30 | 243.00 | 55.00 |
| Debt to Equity | 0.51 | 0.51 | 0.59 |
- All information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of April 15, 2025 for Peers
Prostarm Infosystem IPO Peer Comparision
| Particulars | Prostarm Info Systems |
|---|---|
| Revenue from Ops (in Crs.) | 257.87 |
| PAT (In Crs.) | 22.80 |
| EPS - Basic | 5.44 |
| NAV per share | 19.66 |
| RONW | 32.09% |
| EBITDA | 14.20% |
| PAT Margin | 8.84% |
| Price to earning (PE) | 19.30 |
| Debt to Equity | 0.51 |
| Servotech Power | Sungarner Energies |
|---|---|
| 353.68 | 17.69 |
| 11.80 | 1.07 |
| 0.54 | 5.22 |
| 6.54 | 41.32 |
| 10.50% | 16.78% |
| 6.32% | 11.92% |
| 3.34% | 6.06% |
| 243.00 | 55.00 |
| 0.51 | 0.59 |
- All information pertains to FY 2023-24
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of April 15, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Ram Agarwal | 28.83% |
| Sonu Agarwal | 20.00% |
| Vikas Agarwal | 33.00% |
| Promoter Group | 18.17% |
| Total | 100.00% |
Management Details
| Name | Designation |
|---|---|
| Tapan Ghose | Chairman & MD |
| Ram Agarwal | CEO |
| Abhishek Jain | CFO |
Company Details
Name: Prostarm Info Systems Limited
Address: Plot No. EL 79, Electronic Zone, TTC, MIDC,
Mahape, Navi Mumbai, Thane – 400 710,
Maharashtra, India
Number: 022 4528 0500
Email: cs@prostarm.com
Website: www.prostarm.com
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Prostarm Infosystem IPO is a Mainboard IPO having an issue size of Rs. ₹168.00 Crs. Prostarm Infosystem IPO is priced at ₹95 - ₹105 per share. The issue opens on 27 May 25 and closes on 29 May 25.
Prostarm Infosystem IPO opens on 27 May 25 and closes on 29 May 25.
The estimated Grey Market Premium of Prostarm Infosystem IPO is ₹15 per share (14.29%).
The minimum lot size of Prostarm Infosystem IPO is 142 shares & the minimum application amount is Rs. 14910.
The allotment date of Prostarm Infosystem IPO is 30 May 25.
The listing date of Prostarm Infosystem IPO is 03 Jun 25.
Prostarm Infosystem IPO is subscribed 97.20 times.
Prostarm Infosystem IPO is priced at ₹95 - ₹105 per share.
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