Prostarm Info Systems Limited IPO Details – Price, Date, GMP & Analysis
Prostarm Info Systems Limited IPO Overview
Key IPO Details
Investment Summary
The Prostarm Info Systems Limited IPO IPO is a mainboard offering scheduled to open on May 27. The issue is priced at ₹105 per share, with a minimum application of 142 shares.
Status: Listed and trading
How to Apply for Prostarm Info Systems Limited IPO
To apply for the Prostarm Info Systems Limited IPO, you need a demat account with any SEBI-registered broker, PAN card, and UPI or bank account for payment.
Application Process
- Log into your broker's platform or app
- Navigate to IPO section and select Prostarm Info Systems Limited IPO
- Enter bid quantity (minimum 142 shares)
- Choose cut-off price or enter specific price
- Make payment via UPI or ASBA
- Submit application before May 29
Required Documents
- Active demat account
- PAN card
- Bank account linked to demat
- UPI ID for payment
- Valid mobile number and email
Minimum Investment: ₹14,910(approx. based on lower price band)
Company Overview
Prostarm Info Systems Limited, incorporated in January 2008, specializes in designing, manufacturing, and selling Energy Storage and Power Conditioning Equipment. They produce UPS systems, inverter systems, solar hybrid inverters, lithium-ion battery packs, and voltage stabilizers. The company offers customized and standard products, along with third-party batteries and services like reverse logistics and end-of-life disposal. They execute rooftop solar power projects and provide installation, rental options, and after-sales support. Their clientele spans various industries, including healthcare, aviation, and renewable energy, with operations supported by 21 branch offices and 2 storage facilities across India. As of March 31, 2025, the company employed 423 permanent staff and 19 contractual workers.
Grey Market Premium (GMP)
IPO Timeline
Open Date
Tue, May 27, 2025
CompletedClose Date
Thu, May 29, 2025
CompletedAllotment
Fri, May 30, 2025
CompletedRefund Process
Mon, Jun 2, 2025
CompletedCredit to Demat
Mon, Jun 2, 2025
CompletedListing Date
Tue, Jun 3, 2025
CompletedSubscription Status
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 102.67x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 222.13x | Oversubscribed |
| RII (Retail Individual Investors) | 39.48x | Oversubscribed |
| Total Subscription | 96.68x | Oversubscribed |
Last updated: Invalid Date
IPO Details
Prostarm Info Systems IPO Details
| IPO Date | May 27, 2025 to May 29, 2025 |
| Listing Date | June 3, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹105 per share |
| Lot Size | 142 Shares |
| Total Issue Size | 1,60,00,000 shares (aggregating up to ₹168.00 Cr) |
| Fresh Issue | 1,60,00,000 shares (aggregating up to ₹168.00 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 4,28,74,592 shares |
| Share Holding Post Issue | 5,88,74,592 shares |
Prostarm Info Systems IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 48,00,000 (30.00%) | NA |
| QIB Shares Offered | 48,00,032 (30.00%) | NA |
| bNII > ₹10L | 16,00,000 (10.00%) | 804 |
| sNII < ₹10L | 8,00,000 (5.00%) | 402 |
| Retail Shares Offered | 56,00,000 (35.00%) | 39,436 |
Prostarm Info Systems IPO Timeline (Tentative Schedule)
| IPO Open Date | Tue, May 27, 2025 |
| IPO Close Date | Thu, May 29, 2025 |
| Tentative Allotment | Fri, May 30, 2025 |
| Initiation of Refunds | Mon, Jun 2, 2025 |
| Credit of Shares to Demat | Mon, Jun 2, 2025 |
| Tentative Listing Date | Tue, Jun 3, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 29, 2025 |
Prostarm Info Systems IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 142 | ₹14,910 |
| Retail (Max) | 13 | 1846 | ₹1,93,830 |
| S-HNI (Min) | 14 | 1,988 | ₹2,08,740 |
| S-HNI (Max) | 67 | 9,514 | ₹9,98,970 |
| B-HNI (Min) | 68 | 9,656 | ₹10,13,880 |
Prostarm Info Systems IPO Promoter Holding
| Share Holding Pre Issue | 100.00% |
| Share Holding Post Issue | 72.82% |
Prostarm Info Systems IPO Listing Details
| June 3, 2025 |
| 544410 |
| PROSTARM |
| INE0BX301013 |
| ₹105 per share |
Financial Information
Company FinancialsProstarm Info Systems Limited Financial Information (Restated Consolidated)
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 230.04 | 203.05 | 155.39 | 98.03 |
| Revenue | 270.27 | 259.23 | 232.35 | 172.05 |
| Profit After Tax | 22.11 | 22.80 | 19.35 | 10.87 |
| Net Worth | 107.24 | 84.30 | 61.00 | 40.95 |
| Reserves and Surplus | 64.37 | 41.42 | 18.13 | 31.87 |
| Total Borrowing | 60.37 | 43.47 | 24.85 | 3.21 |
Key Dates
Prostarm Info Systems Limited IPO IPO Review & Analysis
Should I Apply for Prostarm Info Systems Limited IPO?
The Prostarm Info Systems Limited IPO decision depends on your risk tolerance, investment goals, and analysis of company fundamentals. Consider factors like business model, financial performance, industry prospects, and valuation before applying.
Key Positives
- • Mainboard listing provides credibility
- • Issue size of ₹168.00 Cr indicates scale
- • Regulated by SEBI guidelines
Key Considerations
- • Analyze company financials thoroughly
- • Check Grey Market Premium trends
- • Consider market conditions
Prostarm Info Systems Limited IPO Allotment Details
Allotment Timeline
How to Check Allotment
- • Visit registrar's official website
- • Enter PAN or application number
- • Check through broker's platform
- • Use our universal allotment tracker
Tip: Prostarm Info Systems Limited IPO IPO allotment status will be available approximately 2-3 days after the issue closes. Successful applicants will receive shares in their demat account before listing.