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| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹168.00 Cr |
| Fresh Issue | ₹168.00 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹95.00-105.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544410 |
| NSE Code | PROSTARM |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Choice Capital Advisors Pvt.Ltd. |
| Allotment Status | |
| DRHP | |
| RHP | |
| Final Prospectus | |
| Anchor List |
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: 142 shares and in multiples thereof
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
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 72.50 |
| 2 | Prepayment or Repayment of all or a portion of certain outstanding borrowings availed by the Company | 17.96 |
| 3 | Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes | 54.48 |
| 4 | Issue Expenses | 23.06 |
| Total | 168.00 |
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 230.04 | 203.05 | 155.39 | 98.03 |
| Total Income | 270.27 | 259.23 | 232.35 | 172.05 |
| Profit After Tax | 22.11 | 22.80 | 19.35 | 10.87 |
| EBITDA | 35.89 | 36.62 | 29.15 | 16.57 |
| 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 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 31.41% |
| ROCE | 32.41% |
| Debt / Equity | 0.51% |
| RoNW | 32.09% |
| PAT Margin | 8.85% |
| EBITDA Margin | 14.20% |
| Price to Book Value | 5.34 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 5.32 | 5.01 |
| P/E (x) | 19.75 | 20.97 |
| Promoter Holding | 100% | 72.82% |
| Market Cap | ₹618.18 Cr. | |
