Praruh Technologies Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | Not more than 50% of the Net Issue | — | ₹0 Cr |
| NII (HNI) | — | Not less than 15% of the Net Issue | — | ₹0 Cr |
| Retail | — | Not less than 35% of the Net Issue | — | ₹0 Cr |
| Market Maker | — | 188,000 shares (aggregating up to ₹1 Cr) | — | ₹12 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹126,000 |
| Retail (Max) | 13 | 26,000 | ₹1,638,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,764,000 |
| B-HNI (Min) | 67 | 134,000 | ₹8,442,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 62 | 28 | 20 |
| Profit After Tax | 7 | 2 | 1 |
| Net Worth | 11 | 5 | 3 |
| Total Assets | 38 | 18 | 14 |
| Reserves & Surplus | 11 | 5 | 2 |
| Total Borrowing | 14 | 2 | 1 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Repayment of Certain Borrowings – 70
- Unidentified acquisitions in India – 10
- Funding of Working Capital Requirement of the company – 140
- General corporate purposes –
Company Overview
Incorporated in 2019, Praruh Technologies Limited is an ICT System Integration firm and digital transformation solutions provider.
The company provides hardware, applications, data centers, networking, security, and audio-video solutions. It offers turnkey ICT solutions, ensuring effective, industry-specific services aligned with client's business strategies.
The company assists organizations in revolutionizing their business and driving growth by offering end-to-end system integration solutions and exceptional service experiences.
Services:
- System Integration – Praruh provides end-to-end system integration, simplifying IT infrastructure, optimizing workflows, and enhancing business efficiency with expert solutions across India.
- IT Consultancy – Praruh offers tailored IT strategies, covering cloud, risk management, disaster recovery, and strategic planning to support business growth.
- Security Solutions – Praruh delivers comprehensive security solutions, including endpoint, network, and application security, powered by advanced technologies and leading OEM partnerships.
- Networking Solutions – Praruh builds secure networks, offering LAN/WAN design, network auditing, video conferencing, load balancing, and data center deployments.
As of August 31, 2024, the company had 47 employees.
Competitive Strengths:
- Established Track Record
- Quality Assurance and Quality Control of the Services Products
- Diverse Clientele
- Experienced Promoters and Team
- Tailored IT Solutions