stockaxis

Prostarm Info Systems Ltd.

IPO Details
  • Issue Type Book building
  • Price range Rs.95-105
  • Market Lot 142
  • Total Equity Shares 11200000
  • Face Value Rs. 10
  • Listing Date Jun 03, 2025
IPO Timeline
Opening date May 27, 2025
Closing date May 29, 2025
Listing Date Jun 03, 2025

IPO Details

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 inverter system, solar hybrid inverter systems, lithium-ion battery packs, servo-controlled voltage stabilisers (“SCVS”), isolation transformers and other power solution products. We offer both customized and standard products and solutions, manufactured and assembled at our in-house facilities and also through third party contract manufacturers. In addition to our core manufactured products, we also deal in sale and supply of third party manufactured batteries, reverse logistics/end-of-life disposal for UPS systems and batteries and other allied products. We also undertake rooftop solar photovoltaic power plant projects across India on EPC basis. Our comprehensive range of value-added services include installation, rental, after-sales services (including warranty and post-warranty services), Annual Maintenance Contracts (“AMC”) which supplements our Power Solution Products, catering to a wide spectrum of customers and their requirements.

Projects

1. Project Name: Funding working capital requirements of our Company

Project Cost: 725

2. Project Name: Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company

Project Cost: 179.583

Promoters

Prmoters Name

1. Ram Agarwal

2. Sonu Ram Agarwal

3. Vikas Shyamsunder Agarwal

Prmoters Holdings
  • Pre Share Capital: 42874592
  • Pre Promoter Holding: 100
  • Offer to Public: 16000000
  • Post Share Capital:
  • Post Promoter Holding:

Registrar

Registrar Name:Karvy Computershare Pvt Ltd
Phone: 91-040-67161500
Email: einward.ris@karvy.com
Website: www.karvy.com

Lead Managers

  • Choice Capital Advisors Pvt Ltd

Subscription Details

Field Description Field Value
Ipo Code 3178
Total Equity 11200000

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 3200000
No of Shares Bid For Qualified Institutional Buyers 334354194
Total No of Shares Bid For Qualified Institutional Buyers 104.49
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 52535314
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 0
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 281818880
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 2400000
No of Shares Bid For Non-Institutional Buyers 533128918
Total No of Shares Bid For Non-Institutional Buyers 222.14
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 3034540
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 503986116
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 26108262
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 5600000
No of Shares Bid For Retail Individual Investor 221158184
Total No of Shares Bid For Retail Individual Investor 39.49
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 185024296
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 36133888
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 11200000
No of Shares Bid For All 1088641296
Total 97.20