Aliceblue ANTInstall and trade smarter everywhere
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Prostarm Info Systems Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹105
Per ShareLot Size
142 Shares
Minimum Investment
₹14,910
Issue Size
₹168 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
72.82%
Issue Type
Book Building
ISIN
INE0BX301013
Incorporated in 2008, we started our commercial operations by focusing on the sale, supply, and installation of batteries and uninterruptible power supply systems manufactured by third-party vendors. Thereafter, from the year 2021, we have gradually transitioned into designing, manufacturing, assembling, sale, service and supply of Energy Storage Equipment and Power Conditioning Equipment in India. Our manufactured Power Solution Products comprise of UPS system, inverter system, lift inverter system, solar hybrid inverter systems, lithium-ion battery packs, servo-controlled voltage stabilisers, isolation transformers and other power solution products. We offer both customized and standard products and solutions, manufactured and assembled at our in-house facilities and also through third party contract manufacturers. In addition to our core manufactured products, we also deal in sale and supply of third party power solution products such as batteries, reverse logistics/end-of-life products and other assets such as IT Assets, solar panel and allied products. We also undertake rooftop solar photovoltaic power plant projects across India on EPC basis. Our comprehensive range of value-added services include installation, rental, after-sales services (including warranty and post-warranty services), Annual Maintenance Contracts which supplements our Power Solution Products, catering to a wide spectrum of customers and their requirements. The table below sets forth the breakdown of our revenue from operations for the nine-month period ended December 31, 2024 and the Fiscals 2024, 2023 and 2022.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of up to 1,60,00,000* equity shares of face value of Rs. 10/- each ("Equity Shares") of Prostarm Info Systems Limited ("the Company" or the "Issuer") for cash at a price of Rs. 105/- per equity share (Including a Securities Premium of Rs. 95/- per Equity Share) ("Issue Price") Aggregating up to Rs. 168.00 crores ("the Issue"). The issue will constitute 27.18% of the post-issue paid-up equity share capital.<br /> <br /> The face value of the equity shares is Rs. 10/- each and the issue price is 10.5 times the face value of the equity shares.<br /> <br /> * Subject to finalization of basis of allotment. <br /> <br /> <br style="font-size: 13.3333px;" />
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
The power back-up systems market is growing due to the problem of power shortage in the country and with the technological advancements. The gap between the demand and supply of power in the country is increasing the demand for uninterrupted power supply by the industrial sectors. The Indian UPS Market has been showcasing an upward trend generating revenues of Rs 96,432 million in FY24 while it was at Rs 89,713 million in FY23. The market is further expected to grow at a CAGR of 8.22% till FY30. This growth of 8.22% is due to rising dependence on electricity in the country, expanding commercial and industrial segments, and with power outages being a frequent occurrence; especially during peak hours, an uninterrupted power supply has become mandatory. The Indian Lithium-Ion battery market in India was recorded at Rs 5,58,078 million in FY24 and grew at a CAGR of 7.66% between FY19 and FY24. Further, going ahead the market is expected to grow at a 19.67% till FY30. It is forecasted to reach Rs 16,39,090 million by FY30. The Indian Lithium-Ion Battery Market is growing rapidly, driven by the surging demand for energy storage solutions in various sectors, including automotive, consumer electronics, and renewable energy. The Indian Solar Hybrid Inverter market in India was recorded at Rs 5,242 million in FY24 and grew at a CAGR of 9.21% between FY19 and FY24. Further, going ahead the market is expected to grow at a 18.60% till FY30. It is forecasted to reach Rs 13,938 million by FY30. This growth is expected to be driven by the rising demand for renewable energy as India transits from fossil fuels to more sustainable energy sources to combat climate change and improve energy security.
Our Company was originally incorporated as a private limited company under the name "Prostar Micronova Power Systems Private Limited" under the Companies Act, 1956, pursuant to a certificate of incorporation dated January 11, 2008, issued by the Registrar of Companies, Maharashtra, Pune. Thereafter, our Company was converted into a public limited company, as approved by our Board on March 8, 2017, and a special resolution passed by our shareholders at the EGM held on March 17, 2017, and the name of our Company was changed to "Prostar Micronova Power Systems Limited", and a fresh certificate of incorporation dated May 26, 2017 consequent upon change of name on conversion to public limited company was issued by the Registrar of Companies, Maharashtra, Pune. Subsequently, the name of our Company was changed to "Prostarm Info Systems Limited", as approved by our Board on June 27, 2017 and a special resolution passed by our shareholders at the EGM held on July 10, 2017, and a fresh certificate of incorporation dated July 28, 2017 consequent upon change of name was issued by the Registrar of Companies, Maharashtra, Pune.
wholesaler and retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.