Pro FX Tech Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Pro FX Tech Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹87
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,39,200
Issue Size
₹40.3 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Pro FX Tech Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
68.4%
Promoter Holding (Post-Issue)
50.3%
Issue Type
Book Building - SME
ISIN
INE0VJT01017
About the Company
Established in 2006, our company engaged in the distribution of AV (Audio-Video) products, including but not limited to amplifiers & processors, turn-tables, wireless streamer, speakers, subwoofers, sound bars, and cables. In addition to distribution, we excel in designing and implementing customized AV solutions for home theaters, premium home automation, multi-room audio systems, and bespoke AV solutions for corporate customers. Our association with renowned global suppliers/manufacturers such as Denon, Polk, Definitive Technology, KEF, Theory, Pro Audio Technology, JBL, and Revel provide us with distribution rights, ensuring our customers have access to the latest AV innovations and the highest quality products.
Industry Overview
India's GDP grew by 7.4% in the fourth quarter of FY25, reaching Rs. 44.81 lakh crore (US$ 537.11 billion) at constant 2011-12 prices, reflecting continued recovery post-COVID-19. This growth is primarily led by the services sector, with support from agriculture and construction, although risks like global uncertainties and inflation may impact future momentum. Nominal GDP rose by 10.8% in the same period. While manufacturing showed modest gains, rural demand and infrastructure investment remained strong contributors. The home automation and IoT market in India continues to expand rapidly, supported by initiatives like Make in India and Digital India. With a CAGR of over 16%, the sector is driven by smart lighting, HVAC, and security solutions in residential segments. Increasing urbanization, income levels, and digital adoption are boosting consumer demand for efficient, safe, and connected living solutions.
Company History
Our Company was originally incorporated as a Private Limited Company under the name "Advanced Audio Solutions (Bangalore) Private Limited" on November 08, 2006 bearing CIN U51500KA2006PTC040879 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Karnataka. Subsequently, the name of our Company was changed from "Advanced Audio Solutions (Bangalore) Private Limited" to "PRO FX Tech Private Limited" vide a fresh certificate of incorporation dated June 17, 2014, issued by the Registrar of Companies, Bangalore. Further, pursuant to Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on March 26, 2024 our company was converted into a Public Limited Company and consequently the name of our Company was changed from "PRO FX Tech Private Limited" to "PRO FX Tech Limited" vide a fresh Certificate of Incorporation dated June 13, 2024 issued by the Registrar of Companies, Central Processing Centre, bearing CIN U51500KA2006PLC040879.
Products & Services
- The company engaged in the distribution of AV (Audio-Video) products, including but not limited to amplifiers & processors, turn-tables, wireless streamer, speakers, subwoofers, sound bars, and cables.
Growth Strategy
- Strategic Infrastructure Expansion.
- Portfolio Expansion - Diverse Array of Brands.
- Penetrating Digital Signage Market.
- Strengthening E-commerce Presence.
- Expansion of Service Network.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of upto 46,32,000 equity shares of face value of Rs. 10/- each (the equity shares) of Pro FX Tech Limited (the company or the issuer) at an issue price of Rs. 87 per equity share (including share premium of Rs. 77 per equity share) for cash, aggregating up to Rs. 40.3 crores (public issue) out of which 2,40,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 87 per equity share for cash, aggregating Rs. 2.09 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The public issue less market maker reservation portion i.e. issue of 43,92,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 87 per equity share for cash, aggregating upto Rs. 38.21 crores is herein after referred to as the net issue. The public issue and net issue will constitute 26.46% and 25.09 % respectively of the post-issue paid-up equity share capital of the company.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- 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.
- The company depends on its global suppliers/ manufacturers or domestic vendors for its operations and unsatisfactory products provided by them or failures to maintain relationships with them could disrupt its operations. Further, the company may not be able to pass on any increase in costs levied by its global suppliers/manufacturers or vendors to the company customers.
- Termination or non-renewal of Distribution Agreements or any material modification to the existing terms under such agreements adverse to its interest will materially and adversely affect the company ability to continue its business and operations and the company future financial performance.
- Its business and profitability heavily relies on the consistent and timely availability of finished products. Any disruption in supply or price volatility of these products can negatively impact its operations and financial health. Additionally, the company dependence on third-party suppliers, without firm supply commitments or exclusive arrangements, poses a risk. The loss of any suppliers could adversely affect its business, operational outcomes, and financial condition.
- The company future growth is dependent upon its ability to identify and maintain new products, technologies and customers that achieve market acceptance with acceptable margins.
- The Company is yet to execute lease/rent agreements for its proposed Three Showroom cum experience centres.