| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹27.60 Cr |
| Reserved for Market Maker | ₹1.38 Cr |
| Net Issue Size | ₹27.60 Cr |
| Fresh Issue | ₹20.70 Cr |
| Offer for Sale | ₹5.52 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹131.00-138.00 per share |
| BSE Code | 544643 |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Cumulative Capital Pvt.Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
| Anchor List |
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Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares · Multiples of 1,000 shares
Incorporated in March 2019, Prodocs Solutions Limited is engaged in the IT-enabled services (ITES/BPO) business, primarily operating in the non-voice BPO segment.
The company is a diverse non-voice BPO, providing a wide spectrum of services ranging from Indexing Services, Title Services, e-Publishing, and other business services comprising finance and accounting and litigation support.
The company offers offshore solutions tailored to meet the needs of the clientele based primarily in US and Australia.
The company's workforce of over 1,000 employees is mainly located in Mumbai at its delivery facility. This infrastructure enables them to maintain operational excellence and efficiency while meeting their clients' evolving demands. The company is certified with ISO 9001:2015 for Quality Management; ISO 14001:2015 for Environment Management and ISO 27001:2022 for Information Security Management, ensuring that all the services comply with rigorous International Standards of excellence, reliability, and data protection.
Services:
As of October 31, 2025, the Company employs 1011 individuals. It holds certifications in quality management (ISO 9001:2015), environmental management (ISO 14001:2015), and information security (ISO 27001:2022).
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Design, development, implementation & support for a tailored software to meet the specific needs of the Company | 4.31 |
| 2 | Funding capital expenditure towards purchase & installation of IT equipment, computer hardware, and other ancillary equipment | 3.93 |
| 3 | Repayment and/or pre-payment, in full or part, of certain outstanding borrowings availed by the Company | 3.77 |
| 4 | Funding working capital requirements of the Company | 4.50 |
| 5 | General Corporate Purposes | 3.29 |
| 6 | Issue Expenses | 2.71 |
| Total | 22.49 |
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 38.94 | 35.08 | 13.04 | 7.65 |
| Total Income | 21.11 | 42.78 | 45.66 | 36.81 |
| Profit After Tax | 3.43 | 5.11 | 3.16 | 1.54 |
| EBITDA | 5.53 | 8.18 | 4.62 | 2.19 |
| NET Worth | 22.43 | 19.19 | 5.87 | 2.80 |
| Reserves and Surplus | 16.98 | 13.74 | 5.06 | 2.66 |
| Total Borrowing | 7.46 | 7.99 | 2.15 | 0.85 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2025 |
|---|---|
| ROCE | 27.12% |
| Debt / Equity | 0.42% |
| RoNW | 26.62% |
| PAT Margin | 11.94% |
| EBITDA Margin | 19.57% |
| Price to Book Value | 3.83 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 9.37 | 9.72 |
| P/E (x) | 14.72 | 14.2 |
| Promoter Holding | 74.31% | 51.77% |
| Market Cap | ₹97.29 Cr. | |
KPIs are based on the Restated Standalone Statement of March 2025.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to the Book Running Lead Manager | 0.15 |
| 2 | Underwriting Fees | 1.35 |
| 3 | Market Maker Fees | 0.04 |
| 4 | Brokerage, selling commission and upload fees and Sponsor Banker | 0.01 |
| 5 | Fees payable to Registrar to Offer | 0.01 |
| 6 | Fees payable to Legal Advisor | 0.08 |
| 7 | Statutory Advertisement Expenses | 0.05 |
| 8 | Statutory Printing of Offer related documents | 0.01 |
| 9 | Regulators including Stock Exchange | 0.06 |
| 10 | Fees to Monitoring Agency | 0.04 |
| 11 | Fees to Peer Review Auditor | 0.10 |
| 12 | Others (including the Advertising and marketing & promotion expenses, Depositories fees and charges, ROC fees, Stamp duty and other misc. expenses of professionals as above mentioned etc.) | 0.81 |
Last Updated on 16-Jun-2026 18:10:14