Prostarm Info Systems Limited IPO
Prostarm Info Systems Limited IPO
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Prostarm Info Systems Limited's successfully completed its Initial Public Offering and commenced trading on 03-06-2025 at the NSE, BSE exchange. The company raised 1,60,00,000 Shares through this public offering, comprising 1,60,00,000 Shares in fresh capital.
The IPO was priced within the band of ₹95 to ₹105, with minimum application lots of 142 shares. The offering attracted significant investor interest during its subscription period from 27-05-2025 to 29-05-2025.
Share allotment was finalized on 30-05-2025, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Prostarm Info IPO About Company
Incorporated in January 2008, Prostarm Info Systems Limited is an Indian company that specializes in designing, manufacturing, and selling energy storage and power conditioning equipment, commonly referred to as "Power Solution Products." These include UPS systems, inverter systems, solar hybrid inverters, lithium-ion battery packs, and voltage stabilizers. The company offers both customized and standard solutions, manufactured in-house or through contract partners, and also supplies third-party batteries. Additionally, Prostarm provides services such as reverse logistics, end-of-life disposal for UPS systems and batteries, and executes rooftop solar power plant projects on an EPC basis. Their offerings are complemented by installation, rental services, and comprehensive after-sales support, including warranty, post-warranty service, and Annual Maintenance Contracts (AMC). Serving a wide range of industries—such as healthcare, aviation, research, BFSI, railways, defense, education, IT, and renewable energy—their clientele includes major public sector organizations like the Airports Authority of India, CPWD Patna, PWD New Delhi, and NTPC Vidyut Vyapar Nigam Limited. As of May 17, 2025, Prostarm operates through 21 branch offices and 2 storage facilities across 18 states and 1 union territory in India. The company had 423 permanent employees and 19 contract staff as of March 31, 2025.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
Prostarm Info IPO Strength Factors
- Wide Range of Power Solutions: Provides both standard and custom power products, including solar EPC projects and after-sales support.
- Trusted by Government Clients: Works with major public sector organizations, ensuring strong credibility and repeat orders.
- Pan-India Presence: Operates through 21 branches across 18 states and 1 Union Territory, offering strong service and distribution reach.
Prostarm Info IPO Risk Factors
- Regulatory Risk: A pending notice under the Customs Act could seriously impact the company if the outcome is unfavorable.
- High Customer Dependence: Relying on a few major clients means losing one could hurt revenue significantly.
- Dealer & Distributor Reliance: Business depends on third-party dealers and distributors—any issues with them could affect cash flow and daily operations.
Prostarm Info IPO Lead Manager(s)
- Choice Capital Advisors Private Limited
Prostarm Info IPO Promoter(s)
- Ram Agarwal
- Sonu Ram Agarwal
- Vikas Shyamsunder Agarwal
Prostarm Info IPO FAQs
Prostarm Info Systems Limited IPO subscribed 97.2 times. The public issue subscribed 39.49 times in the retail category,104.49times in QIB, and 249.8 times in the HNI (10+) category byJune 3, 2025 4:26:25 AM (Day 3).
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
Prostarm Info IPO IPO Investor Categories
The offer proceeds will be utilised towards the following investor categories in compliance with SEBI regulations:
Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes, and pension schemes.
Non-Institutional Investors (NII / HNI)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc. who bid for shares worth more than ₹2 lakhs are known as Non-Institutional Bidders. Unlike QIBs, they do not need SEBI registration.
Subcategories of NII:
- sNII (Small NII – bids below ₹10 Lakhs)
For bids between ₹2–10 lakhs. One-third of NII shares are reserved for this category, also known as Small HNI (sHNI).
- bNII (Big NII – bids above ₹10 Lakhs)
For bids above ₹10 lakhs. Two-thirds of NII shares are reserved for this category, also called Big HNI (bHNI).
- sNII (Small NII – bids below ₹10 Lakhs)
Retail Individual Investors (RII)
Individual investors or NRIs who apply up to ₹2 lakhs in an IPO are considered under the RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
This includes eligible shareholders or other investors with reserved quotas in the IPO.
Prostarm Info IPO FAQs
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