Prostarm Info Systems IPO is scheduled to open for subscription on May 27, 2025, and will close on May 29, 2025. The basis of allotment is expected to be finalized on May 30, 2025, and the IPO is likely to be listed on the BSE and NSE on June 3, 2025.
This is a Book Built Issue comprising a total of 1.60 crore equity shares, entirely a fresh issue, with no offer-for-sale component. The face value of each share is ₹10. The IPO price band is yet to be announced. The retail investor quota is set at 35%, QIB at 50%, and HNI at 15%.
The company reported a revenue of ₹259.23 crores in FY 2024 compared to ₹232.35 crores in FY 2023, while its net profit rose to ₹22.83 crores in FY 2024 from ₹19.35 crores in FY 2023. With consistent financial growth and a focus on raising capital through fresh issuance, the IPO could be a strong pick for long-term investors.
Prostarm Info Systems Limited, incorporated in January 2008, is a trusted Indian company that designs, manufactures, and sells a wide range of energy storage and power conditioning equipment under the name “Power Solution Products.”
The company is known for its high-quality offerings like UPS systems, inverter systems, lithium-ion battery packs, servo-controlled voltage stabilizers (SCVS), solar hybrid inverter systems, lift inverter systems, and isolation transformers. Serving industries such as education, healthcare, aviation, defence, research, BFSI, renewable energy, railways, oil & gas, and IT, Prostarm Info Systems has built a strong and growing presence across India.
As of May 17, 2025, the company operates through 21 branch offices and 2 storage facilities across 18 states and 1 union territory. It also provides a wide range of services including product installation, AMC support, rental services, warranty and post-warranty care, and EPC-based rooftop solar power projects.
The company offers both standard and customized products, either manufactured in-house or through contract partners, and also deals in third-party batteries and responsible end-of-life disposal services. Prostarm’s client list includes top names such as Airports Authority of India, Railtel Corporation, NTPC Vidyut Vyapar Nigam, and several state government departments.
As of March 31, 2025, the company has 423 permanent employees and 19 on contract. With a broad customer base, wide distribution network, experienced leadership, and a dedicated team, Prostarm Info Systems stands out as a reliable and future-ready power solution provider in India.
Overview of Contents
Prostarm Info Systems IPO Overview
| Prostarm Info Systems IPO Details | Information |
|---|---|
| Stock Exchange Listing | BSE and NSE |
| Issue Type | Book Built Issue |
| Face Value per Share | ₹10 |
| Price Band | ₹[.] to ₹[.] per share |
| Lot Size | [To be announced] |
| Total Issue Size | 1,60,00,000 shares (aggregating up to ₹[.] Cr) |
| Fresh Issue Size | 1,60,00,000 shares (aggregating up to ₹[.] Cr) |
| Retail Investor Quota | Not more than 35% |
| Qualified Institutional Buyers (QIBs) | Not more than 50% |
| Non-Institutional Investors (NIIs) | Not more than 15% |
| Pre-Issue Shareholding | 4,28,74,592 shares |
| Post-Issue Shareholding | 5,88,74,592 shares |
Prostarm Info Systems IPO Prospectus
| DRHP | Click here |
|---|---|
| RHP | Click here |
Prostarm Info Systems IPO Dates
| Event | Date (Day) |
|---|---|
| IPO Open Date | May 27, 2025 (Tuesday) |
| IPO Close Date | May 29, 2025 (Thursday) |
| Basis of Allotment | May 30, 2025 (Friday) |
| Refunds Initiation | June 2, 2025 (Monday) |
| Credit to Demat Account | June 2, 2025 (Monday) |
| IPO Listing Date | June 3, 2025 (Tuesday) |
Prostarm Info Systems IPO GMP
The grey market premium (GMP) of Prostarm Info Systems IPO shows how much demand is there for the shares before listing. GMP gives an idea of how the IPO might perform on the listing day. Please note that GMP keeps changing daily based on market mood and demand. Investors should not fully depend on GMP and should check company fundamentals before investing.
- To be Updated Soon
Prostarm Info Systems IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | – | ₹- |
| Retail Maximum | 13 | – | ₹- |
| S-HNI Minimum | 14 | – | ₹- |
| B-HNI Minimum | 68 | – | ₹- |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Servotech Power System Limited | 0.54 | 314.55 | 10.50 | 6.54 | 353.68 Cr. |
| Sungarner Energies Limited | 5.22 | 152.68 | 16.78 | 41.32 | 17.69 Cr. |
Prostarm Info Systems IPO Financial Performance
| Financial Metric (₹ in Crore) | Dec 31, 2024 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 |
|---|---|---|---|---|
| Revenue | 270.27 | 259.23 | 232.35 | 172.05 |
| Profit After Tax (PAT) | 22.11 | 22.80 | 19.35 | 10.87 |
| Total Assets | 230.04 | 203.05 | 155.39 | 98.03 |
| Net Worth | 107.24 | 84.30 | 61.00 | 40.95 |
| Reserves & Surplus | 64.37 | 41.42 | 18.13 | 31.87 |
| Total Borrowings | 60.37 | 43.47 | 24.85 | 3.21 |
Prostarm Info Systems IPO Review
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
Object of the issue
- Funding working capital requirements of the Company.
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
- Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
Prostarm Info Systems IPO Key Financial Ratios and Valuation Metrics for FY2024
Investors looking at Prostarm Info Systems IPO can evaluate the company’s financial health and performance through important valuation metrics such as profitability ratios, earnings per share, and asset values. These key performance indicators help understand the company’s efficiency, profitability, and market valuation potential.
| Financial Metric | Value |
|---|---|
| Return on Equity (ROE) | 31.41% |
| Return on Capital Employed (ROCE) | 32.40% |
| EBITDA Margin | 14.20% |
| Profit After Tax (PAT) Margin | 8.85% |
| Debt-to-Equity Ratio | 0.51 |
| Earnings Per Share (EPS - Basic) | ₹5.44 |
| Price to Earnings (P/E) Ratio | Not Available |
| Return on Net Worth (RoNW) | 32.12% |
| Net Asset Value (NAV) per Share | ₹19.67 |
Prostarm Info Systems IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222
E-mail: [email protected]
Website: https://ris.kfintech.com/
IPO Lead Managers aka Merchant Bankers
- Choice Capital Advisors Private Limited
Company Address
Prostarm Info Systems Limited
Plot No. EL 79, Electronic Zone,
TTC, MIDC, Mahape, Navi Mumbai,
Thane – 400 710, Maharashtra,India
Phone: 022 4528 0500
E-mail: [email protected]
Website: www.prostarm.com
Prostarm Info Systems IPO FAQs
When does the Prostarm Info Systems IPO open and close?
The IPO opens on May 27, 2025, and closes on May 29, 2025.
What is the issue type of the Prostarm Info Systems IPO?
It is a Book Built Issue.
What is the face value of each equity share?
The face value of each share is ₹10.
What is the expected listing date of Prostarm Info Systems IPO?
The IPO is expected to list on BSE and NSE on June 3, 2025.
How many shares are being issued in this IPO?
The company is issuing approximately 1.60 crore fresh equity shares.
What are the quota allocations for retail, QIB, and HNI investors?
Retail investors can apply for up to 35%, Qualified Institutional Buyers (QIB) have a quota of up to 50%, and High Net-worth Individuals (HNI) quota is up to 15%.
When will the allotment of shares be finalized?
The allotment is expected to be finalized on May 30, 2025.
What are the key financial highlights of Prostarm Info Systems?
For FY2024, the company reported a revenue of ₹270.27 crore and a profit after tax of ₹22.11 crore.
What are the important valuation metrics for the IPO?
Key metrics include an EPS of ₹5.44, ROE of 31.41%, ROCE of 32.40%, PAT margin of 8.85%, and a debt-to-equity ratio of 0.51.
What sectors does Prostarm Info Systems serve?
The company provides power conditioning and energy storage solutions to sectors such as healthcare, aviation, defense, railways, education, renewable energy, and more.