Prostarm Info Systems IPO
IPO Listing Details
- Listing Date
03 Jun 2025
- Listing Price
₹125.00
- Listing Change
19.05%
- Last Traded Price
₹181.77
Prostarm Info Systems IPO Details
-
Open Date
27 May 2025
-
Close Date
29 May 2025
-
Listing Date
03 Jun 2025
- IPO Price Range
₹ 95 to ₹105
- IPO Size
₹ 168 Cr
- Listing Exchange
BSE NSE
Prostarm Info Systems IPO Timeline
Prostarm Info Systems IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 27-May-25 | 0.05 | 6.85 | 4.23 | 3.60 |
| 28-May-25 | 1.03 | 27.27 | 13.14 | 12.71 |
| 29-May-25 | 102.67 | 222.13 | 39.48 | 96.68 |
Last Updated: 17 June 2025 11:13 AM by 5paisa
Prostarm Info Systems Limited is launching a ₹168 crore IPO. The company designs and manufactures Power Solution Products like UPS systems, inverters, lithium-ion battery packs, and voltage stabilisers. It offers customised and standard products, sells third-party batteries, and provides services like installation, AMCs, and EPC-based solar projects. Serving sectors like healthcare and defence, it operates 21 branches and 2 storage units across 18 states and 1 union territory in India.
Established in: 2008
Managing Director: Mr. Ram Agarwal
Peers
Servotech Renewable Power System Limited
Sungarner Energies Limited
Prostarm Info Systems Objectives
Funding working capital requirements of the company
Repayment/ prepayment of outstanding borrowings
Pursuing inorganic growth via acquisitions, strategic initiatives, and general corporate purposes.
Prostarm Info Systems IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹168.00 Cr. |
| Offer For Sale | - |
| Fresh Issue | ₹168.00 Cr. |
Prostarm Info Systems IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 142 | 13,490 |
| Retail (Max) | 13 | 1846 | 175,370 |
| S-HNI (Min) | 14 | 1,988 | 188,860 |
| S-HNI (Max) | 67 | 9,514 | 903,830 |
| B-HNI (Min) | 68 | 9,656 | 917,320 |
Prostarm Info Systems IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB | 102.67 | 32,00,000 | 32,85,44,690 | 3,449.72 |
| NII (HNI) | 222.13 | 24,00,000 | 53,31,12,304 | 5,597.68 |
| Retail | 39.48 | 56,00,000 | 22,11,13,738 | 2,321.69 |
| Total** | 96.68 | 1,12,00,000 | 1,08,27,70,732 | 11,369.09 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
Prostarm Info Systems IPO Anchor Allocation
| Anchor Bid Date | May 26, 2025 |
| Shares Offered | 1,60,00,000 |
| Anchor portion Size (In ₹ Cr.) | 50.40 |
| Anchor lock-in period end date for 50% shares (30 Days) | July 3, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | September 1, 2025 |
| Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
|---|---|---|---|
| Revenue | 172.05 | 232.35 | 259.23 |
| EBITDA | 16.57 | 29.15 | 36.62 |
| PAT | 10.87 | 19.35 | 22.80 |
| Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
|---|---|---|---|
| Total Assets | 98.03 | 155.39 | 203.05 |
| Share Capital | 9.08 | 42.87 | 42.87 |
| Total Borrowings | 3.21 | 24.85 | 43.47 |
| Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | 4.16 | -13.50 | -7.80 |
| Net Cash Generated From / (used in) investing activities | -8.86 | -8.35 | -7.86 |
| Net Cash Generated From / (used in) financing activities | 5.72 | 20.63 | 15.42 |
| Net Increase (Decrease) In Cash And Cash Equivalents | 1.02 | -1.22 | -0.25 |
Strengths
1.Broad portfolio of power solutions including UPS, inverters, lithium batteries, and solar hybrid systems.
2. Significant growth in government contract revenue from FY22 to 9M FY24.
3. Lithium battery pack capacity scaled from 1.2 MWh to 100 MWh by December 2023.
4. Strong nationwide network with 478 dealers and distributors, aiding extensive market reach.
Weaknesses
1. Dependence on third-party makers and key clients, especially government, raises business risk.
2. Limited global reach and tough competition from global players may restrict growth.
3. Rising input costs and supply chain issues impact margins and delivery timelines.
4. Frequent tech upgrades and shifting regulations add pressure on operations and strategy.
Opportunities
1. Rising demand for energy-efficient power solutions in industrial and commercial sectors across India.
2. Expanding lithium battery production capacity aligns with India’s push for clean energy technologies.
3. Growing focus on EPC-based solar projects offers scope for project-based revenue growth.
4. Increasing interest from government entities enhances scope for long-term institutional contracts.
Threats
1. Regulatory scrutiny and penalties may adversely impact future profitability and operations.
2. Customer concentration increases vulnerability to contract losses or delayed project execution.
3. Working capital strain from growing receivables could affect liquidity and expansion plans.
4. Competition from larger players with stronger financials may impact pricing and market share.
1. Rising demand for power backup, lithium batteries, and solar EPC aligns with India’s clean energy goals.
2. Revenue and PAT have grown steadily from FY22 to FY24, backed by expanding operations and contracts.
3. Offers UPS, inverters, lithium packs, solar hybrids—serving critical sectors like defence, aviation, and healthcare.
4. 478 dealers, 21 branches, and rising government contracts enhance national reach and revenue visibility.
1. India's energy storage market is growing rapidly, driven by renewables, grid upgrades, and battery adoption.
2. Power inverter market in India is set for strong 15% CAGR growth through 2034.
3. UPS demand is rising with digital infrastructure expansion, pushing India's market toward USD 18 billion.
4. Government targets 500 GW non-fossil capacity by 2030, boosting energy storage and solar investments.
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FAQs
Prostarm Info Systems IPO opens from 27 May 2025 to 29 May 2025.
The size of Prostarm Info Systems IPO is ₹168 Cr.
The price of Prostarm Info Systems IPO is fixed at ₹95 to ₹105 per share.
To apply for Prostarm Info Systems IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Prostarm Info Systems IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Prostarm Info Systems IPO is 142 shares and the investment required is ₹13,490.
The share allotment date of Prostarm Info Systems IPO is 30 May 2025
The Prostarm Info Systems IPO will likely be listed on 3 June 2025.
Choice Capital Advisors Pvt Ltd is the book running lead manager for Prostarm Info Systems IPO.
Prostarm Info Systems plans to utilise the raised capital from the IPO for:
- Funding working capital requirements of the company
- Repayment/ prepayment of outstanding borrowings
- Pursuing inorganic growth via acquisitions, strategic initiatives, and general corporate purposes.
