IPO - Initial Public Offerings

 PROSTARM

  

PROSTARM INFO SYSTEMS LIMITED

27 May, 10:00 AM

Issue Open

29 May, 05:00 PM

Issue Close

142

Lot Size

₹ 95.00 – ₹ 105.00

Price Range

IPO Issue Details

Issue size 168.00 Cr
Market Price 105.00
Registrar Kfin Technologies Limited
Face Value RS.10 /- Per share
Listing at NSE BSE

About

PROSTARM INFO SYSTEMS LIMITED
Incorporated in January 2008, Prostarm Info Systems Limited is an Indian company specialising in designing, manufacturing, and selling Energy Storage and Power Conditioning Equipment, known as "Power Solution Products." The company manufactures various Power Solution Products, including UPS systems, inverter systems, solar hybrid inverter systems, lithium-ion battery packs, and voltage stabilisers. The company offers customised and standard products, produced in-house and through contract manufacturers. Additionally, they sell third-party batteries and provide reverse logistics, end-of-life disposal services for UPS systems and batteries, and other related products. The company also execute rooftop solar power plant projects in India on an EPC basis. The services of the company include installation, rental options, and after-sales support, such as warranty, post-warranty care, and Annual Maintenance Contracts (AMC), enhancing the value of our products for diverse customers. The company serves diverse industries, including healthcare, aviation, research, BFSI, railways, defence, security, education, renewable energy, IT, and oil & gas. The company's clientele includes the Airports Authority of India; Central Public Works Department, Patna Bihar; Public Works Department, New Delhi; West Bengal Public Health Engineering Department; West Bengal Electronic Industry Development Corporation Limited; Telangana State Technology Services Limited; Railtel Corporation of India Limited; and NTPC Vidyut Vyapar and Nigam Limited As of May 17, 2025, the company's operations are supported by 21 branch offices and 2 storage facilities across 18 states and 1 union territory in India. As of March 31, 2025, the company employed a total of 423 permanent staff members and 19 individuals on a contractual basis. Competitive Strength Evolving product and service offerings for diverse industries. Established relationships with the customers and wide customer base

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 142 ₹ 14,910.00
Retail  (Upto 2 Lakh) 13 1846 ₹ 1,93,830.00
S-HNI  (2 Lakh to 10 Lakh) 14 1988 ₹ 2,08,740.00
S-HNI  (2 Lakh to 10 Lakh) 67 9514 ₹ 9,98,970.00
B-HNI  (Above 10 Lakh) 68 9656 ₹ 10,13,880.00

IPO TimeLine

Open Date 27-May-2025
Close Date 29-May-2025
Basis of Allotment Date 30-May-2025
Initiation of Refunds 02-Jun-2025
Credit Shares to Demat A/c 02-Jun-2025
IPO Listing Date 03-Jun-2025