Praruh Technologies IPO
Praruh Technologies IPO Details
-
Open Date
24 Sep 2025
-
Close Date
26 Sep 2025
-
Listing Date
01 Oct 2025
- IPO Price Range
₹ 60 to ₹63
- IPO Size
₹ 23.5 Cr
- Listing Exchange
BSE SME
Praruh Technologies IPO Timeline
Praruh Technologies IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 24-Sep-25 | 0.00 | 0.59 | 0.12 | 0.19 |
| 25-Sep-25 | 0.34 | 0.48 | 0.38 | 0.39 |
| 26-Sep-25 | 0.34 | 0.87 | 0.55 | 0.56 |
Last Updated: 26 September 2025 6:47 PM by 5paisa
Praruh Technologies Limited, incorporated in 2019 and headquartered in Noida, Uttar Pradesh, is an IT services company offering software development, digital transformation, cloud solutions, and consulting services. Originally registered as Praruh Private Limited, the company rebranded to Praruh Technologies in 2024 and converted into a public limited company the same year. It focuses on providing customised technology solutions to enterprises across sectors, with expertise in enterprise software, mobile applications, and process automation.
Established in: 2019
Managing Director: Vishal Prakash
Peers:
Esconet Technologies Limited
Praruh Technologies Objectives
1. Repayment of Certain Borrowings: ~₹7 Cr
2. Unidentified acquisitions in India: ~₹1 Cr
3. Funding of Working Capital Requirement of the company: ~1.4 Cr
Praruh Technologies IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹ 23.5 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹ 23.5 Cr |
Praruh Technologies IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | 2,52,000 |
| Retail (Max) | 2 | 4,000 | 2,52,000 |
Praruh Technologies IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 0.34 | 7,08,000 | 2,40,000 | 1.512 |
| NII (HNI) | 0.87 | 5,32,000 | 4,62,000 | 2.911 |
| Individual Investors (IND category bidding for 2 Lots) | 0.55 | 12,40,000 | 6,84,000 | 4.309 |
| Total** | 0.56 | 24,80,000 | 13,86,000 | 8.732 |
*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.
| Particulars (in Rs. Crores) | FY22 | FY23 | FY24 |
|---|---|---|---|
| Revenue | 20.26 | 27.96 | 61.43 |
| EBITDA | 2.08 | 3.17 | 10.49 |
| PAT | 1.46 | 2.16 | 6.54 |
| Particulars (in Rs. Crores)] | FY22 | FY23 | FY24 |
|---|---|---|---|
| Total Assets | 13.53 | 17.60 | 38.31 |
| Share Capital | 20.0 | 20.0 | 20.0 |
| Total Borrowings | 13.90 | 18.03 | 13.51 |
| Particulars (in Rs. Crores | FY22 | FY23 | FY24 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | -1.62 | 1.03 | 2.15 |
| Net Cash Generated From / (used in) investing activities | -0.036 | -1.49 | -13.78 |
| Net Cash Generated From / (used in) financing activities | 1.38 | 0.5 | 11.71 |
| Net Increase (Decrease) In Cash And Cash Equivalents | -0.27 | 0.045 | 0.085 |
Strengths
1. Diversified IT services portfolio
2. Experienced promoter and leadership team
3. Established client relationships across sectors
4. Strong focus on digital and cloud solutions
5. Scalable business model with growth potential
Weaknesses
1. Dependent on project-based revenue
2. Relatively small scale of operations
3. Intense competition from larger IT firms
4. Talent retention challenges in IT industry
5. Limited global footprint currently
Opportunities
1. Rising demand for digital transformation services
2. Expansion in SME and mid-market enterprise tech adoption
3. Potential for international market entry
4. Growth in cloud, AI, and automation projects
5. Increased outsourcing from traditional industries
Threats
1. Rapidly evolving technology landscape
2. Cybersecurity and data protection risks
3. Economic downturns impacting client budgets
4. Attrition of skilled workforce
5. Regulatory changes in IT and data laws
1. Exposure to India’s high-growth IT services sector
2. Strong focus on digital and cloud-based solutions
3. Fresh capital to enhance infrastructure and reduce debt
4. Agile business model with scalability potential
5. Positioned to serve growing SME and enterprise IT needs
India’s IT services industry is expanding rapidly with strong global demand for digital transformation, cloud migration, and automation solutions. SMEs and mid-sized enterprises are increasingly investing in IT services to modernise operations, creating opportunities for agile players like Praruh Technologies. With its focus on software development, cloud-based services, and tailored enterprise solutions, Praruh is well-positioned to scale within this ecosystem. However, sustaining competitiveness will depend on expanding its client base, attracting skilled talent, and building a stronger presence in international markets. The IPO proceeds are expected to strengthen its infrastructure and financial flexibility, enabling growth and diversification.
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FAQs
Praruh TechnologiesIPO opens from September 24, 2025 to September 26, 2025.
The size of Praruh TechnologiesIPO is ₹23.5 Cr.
The price band of Praruh Technologies IPO is fixed at ₹60 to ₹63 per share.
To apply for Praruh Technologies IPO, follow the steps given below:
1. Login to your 5paisa account and select the issue in the current IPO section
2. Enter the number of lots and the price at which you wish to apply for the Praruh Technologies IPO.
3. 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 the Praruh Technologies IPO is of 4,000 shares and the investment required is ₹2,68,000.
The share allotment date of Praruh Technologies IPO is September 30, 2025
The Praruh Technologies IPO will likely be listed on October 1, 2025.
Corporate Makers Capital Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue.
Praruh Technologies plans to utilise the raised capital from the IPO for:
1. Repayment of Certain Borrowings: ~₹7 Cr
2. Unidentified acquisitions in India: ~₹1 Cr
3. Funding of Working Capital Requirement of the company: ~1.4 Cr
Praruh Technologies Contact Details
A-58,
Sector -6,
NOIDA, Gautam Budh Nagar
Noida, Uttar Pradesh, 201301
Phone: +911203583845
Email: compliance@praruh.in
Website: http://www.praruh.in/
Praruh Technologies IPO Register
Maashitla Securities Pvt.Ltd.
Phone: +91-11-45121795-96
Email: rta@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
Praruh Technologies IPO Lead Manager
Corporate Makers Capital Ltd.