IPO Details
Bidding Dates
27 May 25 - 29 May 25
Lot Size
142
Price Range ₹
95 - 105
Exchange Status
NSE,BSE
Total Equity
₹ 0.00 Cr
IPO Doc
IPO Timeline
Listing
--
Offer start
27 May 2025
Offer end
29 May 2025
Allotment
30 May 2025
Refund initiation
02 Jun 2025
Demat transfer
02 Jun 2025
Listing
--
Offer start
27 May 2025
Offer end
29 May 2025
Allotment
30 May 2025
Refund initiation
02 Jun 2025
Demat transfer
02 Jun 2025
About Company
Prostarm Info Systems Limited, founded in 2008, designs and manufactures energy storage and power conditioning products like UPS systems, inverters, solar hybrid inverters, lithium-ion batteries, and voltage stabilizers. They offer customized and standard products, sell third-party batteries, and provide services including installation, rentals, reverse logistics, and solar EPC projects. After-sales support covers warranties and maintenance contracts. Serving industries such as healthcare, aviation, BFSI, railways, defence, education, and renewable energy, Prostarm's clients include Airports Authority of India, CPWD Patna, West Bengal Public Health Engineering, Telangana State Technology Services, Railtel, and NTPC.As of May 2025, the company operates 21 branches and 2 storage facilities across 18 states and 1 union territory, with 423 permanent and 19 contract employees.Prostarm’s strengths include diverse products, strong customer relationships, wide reach, steady financials, and an experienced management team.
Year Founded
11-01-2008
Promotor Details
Tapan Ghose
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 100 | 0 |
| Share Capital | 42874592 | 0 |
Offer to Public
1,60,00,000.00 Cr
Project Details
- Acquisition of further stake of our Subsidiary to make it a wholly owned subsidiary - 90cr
- Funding working capital requirements of our Company - 725cr
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company - 179.583cr
Objectives
- Funding working capital requirements of our Company
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company
- andAchieving inorganic growth through unidentified acquisitions and other strategic initiatives and General Corporate Purposes
Highlights
- Diverse product range including UPS, inverters, lithium-ion batteries, and solar hybrid systems.
- Strong after-sales support with warranties, AMC, and rental services.
- Wide geographic presence with 21 branches and storage facilities across India.
- Established clientele including government departments and large corporations.
- Experienced management team and consistent financial performance.
Challenges
- Heavy dependence on contract manufacturers for some products could affect quality control.
- Limited international presence — operations mainly within India.
- Relatively small workforce compared to large multinational competitors.
- Potential vulnerability to raw material price fluctuations impacting production costs.
- Solar EPC projects may face regulatory or policy risks affecting execution timelines.
