Praruh Technologies IPO Sees Moderate Demand, Subscribed 1.21x by Day 3

Praruh Technologies Limited's initial public offering (IPO) has demonstrated moderate investor interest through its third and final day of subscription, with Praruh Technologies' stock price set at ₹60-63 per share reflecting steady market reception. The ₹23.50 crore IPO reached 1.21 times by 5:04:44 PM on day three.

Praruh Technologies IPO non-institutional investors segment leads with moderate 2.14 times subscription, whilst qualified institutional buyers (ex-anchor) demonstrate moderate participation at 1.01 times and individual investors show limited interest at 0.93 times, whilst anchor investors show complete participation at 1.00 times.

IPO Subscription Status

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Subscription Details (Day 3 – September 26, 2025, 5:04:44 PM)

Total Applications: 343

Key Highlights - Day 3:

• Overall subscription reached moderate 1.21 times, showing substantial improvement from day two's 0.39 times.
• Non-institutional investors displaying moderate interest at 2.14 times, building substantially from day two's 0.48 times.
• Qualified institutional buyers (ex-anchor) showing moderate performance at 1.01 times, building substantially from day two's 0.34 times.
• Individual investors showing limited confidence at 0.93 times, building substantially from day two's 0.38 times.
• Total applications reached 343, indicating minimal investor participation for this SME IPO.
• Cumulative bid amount reached ₹18.95 crores, falling short of the issue size of ₹23.50 crores.

Praruh Technologies IPO - Day 2 Subscription at 0.39 Times

• Overall subscription reaching limited 0.39 times, showing improvement from day one's 0.19 times.
• Non-institutional investors showing limited performance at 0.48 times, declining from day one's 0.59 times.
• Individual investors displaying limited confidence at 0.38 times, building substantially from day one's 0.12 times.
• Qualified institutional buyers (ex-anchor) showing limited performance at 0.34 times, building from day one's 0.00 times.

Praruh Technologies IPO - Day 1 Subscription at 0.19 Times

• Overall subscription reached limited 0.19 times, showing cautious initial investor interest.
• Non-institutional investors showing limited performance at 0.59 times, indicating weak HNI appetite.
• Individual investors displaying minimal confidence at 0.12 times, showing very weak retail sentiment.
• Qualified institutional buyers showing minimal performance at 0.00 times, indicating no initial institutional appetite.

About Praruh Technologies Limited

Praruh Technologies Limited is an ICT system integration firm and digital transformation solutions provider offering hardware, applications, data centers, networking, security, and audio-video solutions with end-to-end system integration services across India, employing 61 people as of August 2025.