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.
Prostarm Info Systems IPO – Details
| IPO Opening Date | 27 May 2025 |
| IPO Closing Date | 29 May 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 1,60,00,000 Shares Worth ₹168 Crore Fresh Issue: 1,60,00,000 Shares Worth ₹168 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹95 – ₹105 per share |
| Market Lot | 142 Shares |
| Min Order | 142 Shares (1 Lot) |
| Listing At | BSE, NSE |
| Register | Kfin Technologies Limited |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Prostarm Info Systems IPO – Date Schedule
| IPO Open Date | 27 May 2025 |
| IPO Close Date | 29 May 2025 |
| Basis of Allotment | 30 May 2025 |
| Initiation of Refund | 02 June 2025 |
| Credit of Shares to Demat Account | 02 June 2025 |
| IPO Listing Date | 03 June 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 29, 2025 |
Prostarm Info Systems IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 142 | ₹14,910 |
| Retail (Max) | 13 | 1,846 | ₹1,93,830 |
| S-HNI (Min) | 14 | 1,988 | ₹2,08,740 |
| S-HNI (Max) | 67 | 9,514 | ₹9,98,970 |
| B-HNI (Min) | 68 | 9,656 | ₹10,13,880 |
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.
Company Promoters
- Ram Agarwal
- Sonu Ram Agarwal
- Vikas Shyamsunder Agarwa
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 172.04 | 157.07 | 10.87 | 3.21 |
| 31 March 2023 | 232.34 | 206.15 | 19.34 | 24.85 |
| 31 March 2024 | 259.23 | 228.27 | 22.79 | 43.47 |
| 31 December 2024 | 270.27 | 240.69 | 22.10 | 60.37 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 31.41% |
| ROCE | 32.41% |
| Debt/Equity | 0.51 |
| RoNW | 32.09% |
| PAT Margin | 8.85 |
| Price to Book Value | 5.34 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 5.32 | 5.01 |
| P/E (x) | 19.75 | 20.97 |
Object Of The Issue
- Funding working capital requirements of the Company.
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company.
- Achieving inorganic growth through unidentified acquisitions, other strategic initiatives, and general corporate purposes.
Prostarm Info Systems IPO Peer Comparison
| S. No. | Face Value | Company Name | PE |
| 1 | 1 | Servotech Power System Limited | 243.00 |
| 2 | 10 | Sungarner Energies Limited | 55.00 |
Prostarm Info Systems IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | -% |
Prostarm Info Systems IPO Prospectus
Company Contact Information
| Prostarm Info Systems Limited Plot No. EL 79 Electronic Zone, TTC, MIDC, Mahape Navi Mumbai, Thane Phone: 022 4528 0500 Email: cs@prostarm.com Website: https://prostarm.com/ |
Prostarm Info Systems IPO Registrar
| Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: pisl.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
Prostarm Info Systems IPO Lead Manager(s)
| 1. Choice Capital Advisors Pvt Ltd |
Prostarm Info Systems IPO FAQs
| What is Prostarm Info Systems IPO? Prostarm Info Systems IPO is a main-board IPO. The issue is priced at ₹95 to ₹105 per equity share. The IPO is to be listed on BSE & NSE. |
| When Prostarm Info Systems IPO will open? The IPO is to open on 27 May 2025 for QIB, NII, and Retail Investors. |
| What is Prostarm Info Systems IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Prostarm Info Systems IPO? You can apply Prostarm Info Systems IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Prostarm Info Systems IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Prostarm Info Systems IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Prostarm Info Systems IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Prostarm Info Systems IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Prostarm Info Systems IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Prostarm Info Systems IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Prostarm Info Systems IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Prostarm Info Systems IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Prostarm Info Systems IPO Size? Prostarm Info Systems IPO size is ₹168.00 Crore. |
| What is the Prostarm Info Systems IPO Price Band? Prostarm Info Systems IPO Price Band is ₹95 to ₹105. |
| What is Prostarm Info Systems IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 142 Shares with ₹14,910 amount while the maximum bid is 1846 Shares with ₹1,93,830. |
| What is the Prostarm Info Systems IPO Allotment Date? Prostarm Info Systems IPO allotment date is 30 May 2025. |
| What is the Prostarm Info Systems IPO Listing Date? Prostarm Info Systems IPO listing date is 03 June 2025. The IPO is to be listed on BSE and NSE. |
