Prostarm Info Systems Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 8,000,000 (50%) | — | ₹8,400 Cr |
| NII (HNI) | — | 2,400,000 (15%) | — | ₹2,520 Cr |
| Retail | — | 5,600,000 (35%) | — | ₹5,880 Cr |
| Σ Total | — | 16,000,000 (100%) | — | ₹168,000 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 | 142 | ₹14,910 |
| Retail (Max) | 13 | 1,846 | ₹193,830 |
| S-HNI (Min) | 14 | 1,988 | ₹208,740 |
| B-HNI (Min) | 67 | 9,514 | ₹998,970 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 270 | 259 | 232 |
| EBITDA | 36 | 37 | 29 |
| Profit After Tax | 22 | 23 | 19 |
| Net Worth | 107 | 84 | 61 |
| Total Assets | 230 | 203 | 155 |
| Reserves & Surplus | 64 | 41 | 18 |
| Total Borrowing | 60 | 43 | 25 |
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
- Funding working capital requirements of the Company. – 72.50
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company – 17.96
- Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes. –
Company Overview
Incorporated in January 2008, Prostarm Info Systems Limited is an Indian company specialising 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.
The company offers customised and standard products, produced in-house and through contract manufacturers. Additionally, they sell third-party batteries and provide reverse logistics, end-of-life disposal services for UPS systems and batteries, and other related products. The company also execute rooftop solar power plant projects in India on an EPC basis.
The services of the company include installation, rental options, and after-sales support, such as warranty, post-warranty care, and Annual Maintenance Contracts (AMC), enhancing the value of our products for diverse customers.
The company serves diverse industries, including healthcare, aviation, research, BFSI, railways, defence, security, education, renewable energy, IT, and oil & gas.
The company's clientele includes the Airports Authority of India; Central Public Works Department, Patna Bihar; Public Works Department, New Delhi; West Bengal Public Health Engineering Department; West Bengal Electronic Industry Development Corporation Limited; Telangana State Technology Services Limited; 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.
As of March 31, 2025, the company employed a total of 423 permanent staff members and 19 individuals on a contractual basis.
Competitive Strength
- Evolving product and service offerings for diverse industries.
- Established relationships with the customers and wide customer base
- Wide geographical presence and distribution network.
- Consistent track record of financial performance leading to strong balance sheet position.
- Experienced Promoters and senior management team with a committed employee base.