Prodocs Solutions Limited is a fast-growing IT-enabled services (ITES) and non-voice BPO company delivering specialized back-office solutions to global clients. With a strong focus on accuracy, compliance, and process efficiency, the company has built a solid presence in sectors that demand high-volume document processing and precision-driven workflows.
Prodocs operates primarily in the non-voice BPO segment, offering a diverse suite of services including Title Services, Indexing Services, e-Publishing, and a range of other business support functions such as finance & accounting and litigation support. Its service portfolio is designed to meet the needs of clients across the United States, Australia, and select international markets, making it a trusted offshore partner.
Its operations follow strict international standards, backed by ISO 9001:2015 (Quality Management), ISO 14001:2015 (Environmental Management), and ISO 27001:2022 (Information Security Management) certifications.
🧩 Core Service Offerings:
- 1️⃣ Title Services: Provides essential title insurance and property information support for US real estate and mortgage processes, including indexing and settlement assistance.
- 2️⃣ e-Publishing: Offers end-to-end digital publishing solutions for publishers, libraries, and content owners.
- 3️⃣ Indexing Services: Delivers high-accuracy indexing for clients in the US, Australia, and the UK, processing documents like traffic citations, rebate coupons, and medical forms with fast turnaround and low error rates.
As of October 31, 2025, Prodocs employs 1,011 professionals across its delivery centers. The company’s team structure, combined with structured processes and global best practices, ensures reliable and scalable service delivery—making it a key backend partner for clients across different industries.
Prodocs Solutions IPO – Details
| IPO Opening Date | 08 December 2025 |
| IPO Closing Date | 10 December 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 20,00,000 Shares Worth ₹27.60 Crore Fresh Issue: 16,00,000 Shares Worth ₹22.08 Crore Offer For Sale: 4,00,000 Shares Worth ₹5.52 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹131 – ₹138 per share |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | MUFG Intime India Pvt.Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Prodocs Solutions IPO – Date Schedule
| IPO Open Date | 08 December 2025 |
| IPO Close Date | 10 December 2025 |
| Basis of Allotment | 11 December 2025 |
| Initiation of Refund | 12 December 2025 |
| Credit of Shares to Demat | 12 December 2025 |
| IPO Listing Date | 15 December 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 10, 2025 |
Prodocs Solutions IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,76,000 |
| Retail (Max) | 2 | 2,000 | ₹2,76,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,14,000 |
| S-HNI (Max) | 7 | 7,000 | ₹9,66,000 |
| B-HNI (Min) | 8 | 8,000 | ₹11,04,000 |
Competitive Strength
- Integrated solutions across multiple domains.
- Commitment to quality and compliance.
- Global reach with diverse clientele.
- Experience and expertise.
Company Promoters
- Nidhi Parth Sheth
- Manan H Kothari
- Pallavi Hiren Kothari
- Forum Abhay Kapashi
Company Financials (Standalone)
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹36.81 Cr | ₹35.11 Cr | ₹1.54 Cr | ₹0.85 Cr |
| 31 March 2024 | ₹45.66 Cr | ₹41.92 Cr | ₹3.16 Cr | ₹2.15 Cr |
| 31 March 2025 | ₹42.78 Cr | ₹36.35 Cr | ₹5.11 Cr | ₹7.99 Cr |
| 30 September 2025 | ₹21.11 Cr | ₹20.50 Cr | ₹3.43 Cr | ₹7.46 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROCE | 27.12% |
| Debt/Equity | 0.42 |
| RoNW | 26.62% |
| PAT Margin | 11.94% |
| EBITDA Margin | 19.57% |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Design, development, implementation & support for a tailored software to meet the specific needs of the Company. | ₹4.31 |
| Funding capital expenditure towards the purchase & installation of IT equipment, computer hardware, and other ancillary equipment. | ₹3.93 |
| Repayment and/or pre-payment, in full or part, of certain outstanding borrowings availed by the Company. | ₹3.77 |
| Funding the working capital requirements of the Company. | ₹4.50 |
| General Corporate Purposes. | – |
✅Strengths
- Diverse non-voice BPO services – indexing, title, e-publishing, finance & legal support.
- Strong compliance with ISO 9001, 14001 & 27001 certifications.
- Onshore–offshore model with delivery centres in Mumbai & Bengaluru + US project management.
- Serves multiple sectors, including real estate, publishing, healthcare & legal.
- Experienced leadership and a stable, skilled workforce.
- Consistent revenue base from promoter group entities (eData Group).
⚠️Risks
- High revenue dependence on promoter group (80–90%+).
- Foreign exchange exposure to USD, AUD, and GBP may impact margins.
- Growth may not be sustained if operations aren’t managed efficiently.
- Limited client base, loss of a major client can hurt revenue.
- Contract risks – fixed-term contracts, renewal uncertainty, SLA penalties.
- Data/IP risks due to handling sensitive client information.
- Vendor dependency for IT infrastructure and internet services.
Prodocs Solutions IPO Promoter Holding
| Pre-Issue Share Holding | 100.00% |
| Post Issue Share Holding | – |
Prodocs Solutions IPO Prospectus
Company Contact Information
| Prodocs Solutions Ltd. 6/19, 1st Floor, Transmission House, Compound No. 82, MIDC, Near M.V. Road, Andheri East, Mumbai, Maharashtra, 400059 Phone: +91 22 6231 5800 Email: secretarial@prodocssolution.com Website: http://www.prodocssolution.com/ |
Prodocs Solutions IPO Registrar
| MUFG Intime India Pvt.Ltd. Phone: +91-22-4918 6270 Email: prodocssolutions.smeipo@in.mpms.mufg.com Website: https://linkintime.co.in/Initial_Offer/public-issues.html |
Prodocs Solutions IPO Lead Manager(s)
| 1. Cumulative Capital Pvt.Ltd. |
Prodocs Solutions IPO FAQ
| What is Prodocs Solutions IPO? Prodocs Solutions IPO is an SME IPO. The issue is priced at ₹131 – ₹138 per equity share. The IPO is to be listed on BSE SME. |
| When will Prodocs Solutions’ IPO open? The IPO is to open on 08 December 2025 for QIB, NII, and Retail Investors. |
| What is Prodocs Solutions’ IPO Investors’ Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Prodocs Solutions IPO Size? Prodocs Solutions IPO size is ₹27.60 Crore. |
| What are the Prodocs Solutions IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 2000 Shares for ₹2,76,000, while the maximum bid is 2000 Shares for ₹2,76,000. |
| What is the Prodocs Solutions IPO Allotment Date? Prodocs Solutions IPO allotment date is 11 December 2025. |
| What is the Prodocs Solutions IPO Listing Date? Prodocs Solutions IPO listing date is 15 December 2025. The IPO is to be listed on the BSE SME. |
