₹ 14910
₹95- ₹105
142
₹
-0
29 May 2025
Download2 Jun 2025
3 Jun 2025
Application Details
The Prostarm Info Systems IPO is set to open for subscription from May 27 to May 29, 2025. This is a Book Built Issue IPO and will be listed on both the BSE and NSE. The issue consists entirely of a fresh issue of 1.6 crore equity shares, aggregating up to ₹168 crore. The face value of each share is ₹10, and the price band is set between ₹95 and ₹105 per share. The pre-issue shareholding stands at 4,28,74,592 shares, which will increase to 5,88,74,592 shares post-issue.
The lot size for retail investors is 142 shares, with a minimum investment of ₹14,910. Retail investors can apply for up to 13 lots, amounting to 1,846 shares for ₹1,93,830. The basis of allotment will be finalized on Friday, May 30, 2025. Refunds will be initiated and shares credited to demat accounts on Monday, June 2, 2025. The shares are scheduled to be listed on Tuesday, June 3, 2025.
About Prostarm Info Systems Limited
Company Overview
Incorporated on January 11, 2008, Prostarm Info Systems Limited is an Indian company engaged in the design, manufacturing, assembly, sale, service, and supply of Energy Storage Equipment and Power Conditioning Equipment, collectively known as “Power Solution Products.” The company offers a wide range of solutions that include UPS systems, inverter systems, lift inverter systems, solar hybrid inverter systems, lithium-ion battery packs, servo-controlled voltage stabilisers (SCVS), isolation transformers, and other related products.
Product and Service Offerings
Prostarm provides both customised and standard products, which are manufactured and assembled at its in-house facilities and also through third-party contract manufacturers. In addition to its proprietary offerings, the company deals in third-party power solution products such as batteries, reverse logistics/end-of-life services for UPS systems and batteries, and other assets like IT hardware and solar panels.
The company is also involved in executing rooftop solar photovoltaic power plant projects across India on an EPC (Engineering, Procurement, and Construction) basis. Its value-added services include installation, rental solutions, after-sales support, warranty and post-warranty services, and Annual Maintenance Contracts (AMCs) that enhance customer satisfaction.
Industries Served
Prostarm caters to a wide range of industries, including healthcare, aviation, research, banking and financial services (BFSI), railways, defence, security, education, renewable energy, information technology, and oil & gas. The company is known for its reliable and affordable power electronic solutions, especially for critical sectors like banking and healthcare.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.