X 
IPO Snapshot
Home | Ipo | IPO Snapshot
Prostarm Info Systems Ltd.
Issue Open Date 27-May-25  
Issue Closing Date 29-May-25  
Application Money 100  
Allotment Money  
Price Band (Rs.) 95 - 105  
Minimum Bid Quantity. 142  
Issue Size (Shares) 11200000  
Market Lot 1  
Objective :
1. Funding working capital requirements of our Company;2. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company; and3. Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and General Corporate Purposes
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   2400000   533128918   222.14  
Qualified Institutional Buyers   3200000   334354194   104.49  
Retail Individual Investors   3200000   334354194   104.49  
Business Description
We are engaged in designing, manufacturing, assembling, sale, service and supply of Energy Storage Equipment and Power Conditioning Equipment (“Power Solution Products”) in India. Our manufactured Power Solution Products comprise of UPS system, inverter system, lift ...
Promoter's Holding
Total Share Capital   42874592  
Offered to Public   11200000  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   72.82  
More
Address
Plot No. E L-79
Electronic Zone
T T C
M I D C
Mahape
Navi Mumbai
Thane ,
Maharashtra ,
400701
Phone : 022 4528 0500
Email : cs@prostarm.com
Website : www.prostarm.com/
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
Choice Capital Advisors Pvt Ltd
Promoters
Ram Agarwal
Sonu Ram Agarwal
Vikas Shyamsunder Agarwal