PRO FX Tech Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,195,200 (47%) | — | ₹1,910 Cr |
| NII (HNI) | — | 659,200 (14%) | — | ₹574 Cr |
| Retail | — | 1,537,600 (33%) | — | ₹1,338 Cr |
| Market Maker | — | 240,000 (5%) | — | ₹21 Cr |
| Σ Total | — | 4,632,000 (100%) | — | ₹40,298 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 | 1,600 | ₹139,200 |
| Retail (Max) | 13 | 20,800 | ₹1,809,600 |
| S-HNI (Min) | 14 | 22,400 | ₹1,948,800 |
| B-HNI (Min) | 67 | 107,200 | ₹9,326,400 |
Financial Statements Amount In Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 130 | 111 | 96 |
| EBITDA | 17 | 14 | 10 |
| Profit After Tax | 12 | 9 | 6 |
| Net Worth | 37 | 25 | 15 |
| Total Assets | 66 | 46 | 38 |
| Reserves & Surplus | 25 | 12 | 16 |
| Total Borrowing | 2 | 4 | 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
- 1 Repayment of a portion of certain borrowing availed by the Company – 1.50
- 2 Funding capital expenditure towards setting-up of 3 new Showroom cum experience centres (“Showroom”) – 7.47
- 3 To meet Working Capital requirements – 19.00
- 4 General Corporate Purpose – 8.53
Company Overview
Established in 2006, PRO FX Tech Limited distributes AV products like amplifiers, processors, turntables, audio streamers, speakers, subwoofers, sound bars, and cables.
The company designs custom AV solutions for home theatres, automation, multi-room audio, and corporate clients.
The company sells products to brands like Denon, Polk, and JBL, providing distribution rights to ensure access to the latest AV innovations and high-quality international products.
The company runs seven showrooms and two experience Centres in six Indian cities: Ernakulum, Mysore, Mumbai, Bangalore, Coimbatore, and Chennai, showcasing its product range.
As of August 31, 2024, the company employs a total of 104 individuals, which includes 49 personnel in the sales and marketing department and 43 individuals in the technical support division.
Competitive Strength:
- Wide geographical reach and distribution & retail network.
- Extensive Service Infrastructure.
- Experienced Sales and Technical Team.
- Robust Marketing Strategies and Proactive Customer Engagement.
- Experienced Promoter and Strong Management Team.