Prostarm Info Systems IPO Anchor Allocation at 30.00%

Prostarm Info Systems IPO received a strong anchor allocation response, with 30.00% of the total IPO size subscribed by anchor investors. Out of the 1,60,00,000 shares on offer, anchor investors were allocated 48,00,000 shares, demonstrating significant market confidence. The anchor allocation details were reported to the stock exchanges on May 26, 2025, just ahead of the IPO opening on May 27, 2025.

The book-built issue of ₹168.00 crores is entirely a fresh issue of 1,60,00,000 shares. The price band is set at ₹95 to ₹105 per share, with a face value of ₹10 per share. This includes a share premium of ₹95 per share at the upper end of the price band.

The anchor allocation process, which took place on May 26, 2025, saw robust participation from institutional investors. The entire anchor allocation was made at the upper end of the price band, ₹105 per share, highlighting strong demand and confidence in the company's growth potential.

After the anchor allocation, the overall allocation of the Prostarm Info Systems IPO looks as follows:

The lock-in period for anchor investors is a critical aspect of the allocation. For Prostarm Info Systems IPO, the lock-in details are as follows:

• Lock-in Period (50% Shares): July 3, 2025
• Lock-in Period (Remaining Shares): September 1, 2025

This lock-in period ensures that anchor investors maintain their investments for a specified duration, contributing to stock price stability post-listing.

Anchor Investors in Prostarm Info Systems IPO

Anchor investors, typically large institutional investors, are allotted shares in an IPO before it opens to the public. The anchor allocation process plays a pivotal role in price discovery and instilling confidence among retail investors. The strong response from anchor investors often sets a positive tone for the public issue and influences the overall subscription levels.

On May 26, 2025, Prostarm Info Systems IPO completed the bidding for its anchor allocation. A total of 48,00,000 shares were allotted to anchor investors at the upper IPO price band of ₹105 per share, resulting in an overall anchor allocation of ₹50.40 crore. This represents 30.00% of the total issue size of ₹168.00 crore, indicating robust institutional demand.

Prostarm Info Systems IPO Key Details:

About Prostarm Info Systems IPO and How to Apply

Incorporated in January 2008, Prostarm Info Systems Limited is an Indian company specializing in designing, manufacturing, and selling Energy Storage and Power Conditioning Equipment, known as "Power Solution Products." The company manufactures various Power Solution Products, including UPS systems, inverter systems, solar hybrid inverter systems, lithium-ion battery packs, and voltage stabilisers. They offer customised and standard products, produced in-house and through contract manufacturers, and also sell third-party batteries while providing reverse logistics and end-of-life disposal services for UPS systems and batteries.

The company executes rooftop solar power plant projects in India on an EPC basis and provides comprehensive services including installation, rental options, and after-sales support such as warranty, post-warranty care, and Annual Maintenance Contracts (AMC). Prostarm serves diverse industries including healthcare, aviation, research, BFSI, railways, defense, security, education, renewable energy, IT, and oil & gas, with notable clients including the Airports Authority of India, Central Public Works Department, West Bengal Public Health Engineering Department, Railtel Corporation of India Limited, and NTPC Vidyut Vyapar and Nigam Limited.

As of May 17, 2025, the company's operations are supported by 21 branch offices and 2 storage facilities across 18 states and 1 union territory in India, employing 423 permanent staff members and 19 individuals on a contractual basis as of March 31, 2025.