Prostarm Info Systems Limited is coming up with an IPO with a fresh issue of 1.60 crore shares worth INR 168.00 crores. The company aims to fund working capital requirements, repay or prepay borrowings, achieve inorganic growth and meet general corporate purposes.
Prostarm Info Systems IPO – Important Dates
| Prostarm Info Systems Limited IPO Date | May 27, 2025 to May 29, 2025 |
| Prostarm Info Systems Limited IPO Listing Date | Jun 3, 2025 |
| Prostarm Info Systems Limited IPO Price | INR 95-105 per share |
| Prostarm Info Systems Limited IPO Lot Size | 142 Shares |
| Prostarm Info Systems Limited IPO Total Issue Size | INR 168 crores |
| Prostarm Info Systems Limited IPO Basis of Allotment | May 30, 2025 |
| Prostarm Info Systems Limited IPO Initiation of Refunds | Jun 2, 2025 |
| Prostarm Info Systems Limited IPO Credit of Shares to Demat | Jun 2, 2025 |
| Prostarm Info Systems Limited IPO Issue Type | Book Built Issue IPO |
| Prostarm Info Systems Limited IPO Listing At | BSE, NSE |
Prostarm Info Systems Limited IPO – Company Profile
Prostarm Info Systems Limited specialises in designing, manufacturing, assembling, selling, and servicing Energy Storage and Power Conditioning Equipment, offering a broad portfolio of “Power Solution Products” including UPS systems, inverters, lithium-ion battery packs, and voltage stabilisers.
The company provides both customised and standard solutions through in-house and third-party manufacturing. It also deals in third-party batteries, solar panels, and IT assets, and undertakes rooftop solar projects across India on an EPC basis.
Prostarm Info Systems Limited complements its product offerings with services such as installation, rentals, warranty, post-warranty support, and Annual Maintenance Contracts (AMC), catering to sectors like healthcare, aviation, BFSI, defence, IT, and oil & gas.
Prostarm Info Systems Ltd IPO Fundamental Analysis
Prostarm Info Systems Limited’s financial analysis reveals a mixed performance. Revenue has shown strong growth alongside rising profits, assets, EPS, RoNW, however, the inventory turnover ratio is decreasing.
- Revenue Trend: The revenue increased from ₹23,234.65 lakhs in March 2023 to ₹25,923.25 lakhs in March 2024. The revenue for the 9th month period ended December 2024 is ₹27,027.08 lakhs.
- Equity and Liabilities: Equities have shown a consistent increase over the periods, reflecting potential growth and expansion. However, the debt-equity ratio has increased, indicating rising reliance on debt financing.
- Profitability: The profit after tax (PAT) has increased from ₹1,934.55 lakhs in March 2023 to ₹2,279.80 lakhs in March 2024, boosting investor confidence. The profit for the period ended December 2024 is ₹2,210.76 lakhs.
- Earnings per Share (EPS): The diluted EPS increased from ₹4.66 in March 2023 to ₹5.44 in March 2024, reflecting higher earnings per share for investors. The diluted EPS for the period ended December 2024 is ₹5.21.
- Return on Net Worth (RoNW): The RoNW has decreased from 39.21% to 32.09%, indicating a decrease in the company’s ability to generate returns on shareholder equity.
- Financial Position: Total assets have increased, suggesting potential business growth. The current ratio has also increased, indicating strengthening liquidity and a better ability to manage short-term obligations.
- Inventory Turnover Ratio: There’s a decrease in the Inventory Turnover Ratio, which might suggest slower sales or inefficient inventory management.
Prostarm Info Systems IPO Financial Analysis
| Particular | As of 31 March 2023 | As of 31 March 2024 | As of 31 December 2024 |
| Revenue (₹ in lakhs) | 23,234.65 | 25,923.25 | 27,027.08 |
| Equity (₹ in lakhs) | 6,316.06 | 8,593.42 | 10,806.68 |
| Expenses (₹ in lakhs) | 20,615.82 | 22,827.96 | 24,069.81 |
| Profit and Loss After Tax (₹ in lakhs) | 1,934.55 | 2,279.80 | 2,210.76 |
| Diluted EPS only (₹) | 4.66 | 5.44 | 5.21 |
| Return on Net Worth (%) | 39.21 | 32.09 | 23.95 |
| NAV per Equity Share (₹) | 14.23 | 19.66 | 25.01 |
| Total Assets (in lakhs) | 15,538.67 | 20,304.50 | 23,003.52 |
| Total Liabilities (₹ in lakhs) | 8,449.50 | 11,123.96 | 11,688.93 |
| Debt-Equity Ratio | 0.39 | 0.51 | 0.55 |
| Current Ratio (in times) | 1.43 | 1.46 | 1.56 |
| Inventory Turnover Ratio | 4.54 | 3.60 | 3.33 |
Prostarm Info Systems Limited IPO Peer Comparison
Prostarm Info Systems Ltd shows strength in RoNW, Servotech Power System Ltd excels in revenue, and Sungarner Energies Ltd leads in NAV.
| Company | Revenue (₹ in lakhs) | Face Value per Equity Share (₹) | P/E Ratio | EPS (Basic & Diluted) (₹) | RoNW (%) | NAV (₹ per share) |
| Prostarm Info Systems Limited | 25,787.04 | 10 | NA | 5.44 | 32.09 | 19.66 |
| Servotech Power System Limited | 35,368.35 | 1 | 243 | 0.54 | 10.50 | 6.54 |
| Sungarner Energies Limited | 1,768.92 | 10 | 55 | 5.22 | 16.78 | 41.32 |
Prostarm Info Systems Ltd IPO Objective
The main objective of Prostarm Info Systems Limited is to fund working capital requirements, repay or prepay borrowings, achieve inorganic growth and meet general corporate purposes.
- Fund working capital requirements: The company intends to utilise ₹7,250 lakhs from the Net Proceeds to fund the working capital requirements of the company.
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company: The company intends to utilise ₹1,795.83 lakhs from the Net Proceeds to repay or prepay all or a portion of the certain outstanding borrowings.
- Inorganic Growth & General Corporate Purposes: The company aims to utilise the remaining proceeds to achieve inorganic growth through unidentified acquisitions & other strategic initiatives and meet general corporate purposes.
Prostarm Info Systems IPO Risks And Challenges
Prostarm Info Systems Limited’s risk includes reliance on third-party dealers and distributors, dependency on a few customers for revenue, and alleged violations by the company.
- The company has received a show cause notice for alleged violation under the Custom Act, 1962. Any adverse order passed against them in future would materially affect their financial condition and business.
- The company is dependent on a few customers for a significant portion of its revenue. Any loss of revenue from any of these customers could have a material adverse effect on their business, financial condition, results of operations and cash flows.
- The company relies on third-party dealers and distributors; any changes in their business practices or failure to meet payment schedules could adversely affect their business, operating cash flows and financial condition.
Prostarm Info Systems Ltd IPO – Industry & Market Potential
The energy storage industry is gaining momentum globally as electricity demand fluctuates daily while generation remains relatively fixed. Storage technologies help bridge this gap, offering critical solutions like frequency regulation for microgrids and reliable power supply for high-tech industries.
The Indian UPS market recorded revenue of ₹96,432 million in FY24, up from ₹89,713 million in FY23, and is projected to grow at a CAGR of 8.22% until FY30. This growth is fueled by rising electricity dependence, frequent power outages, and expanding commercial and industrial sectors.
India’s push towards sustainability, including the goal of 50% non-fossil fuel energy by 2030 and the ‘Power for All’ initiative, has created a pressing need for flexible power systems. Energy Storage Systems (ESS) are now essential for balancing supply and demand, supporting renewable grid integration, and enhancing the reliability of power infrastructure.
Prostarm Info Systems Limited IPO – Type of Offer
Prostarm Info Systems Limited is coming up with an IPO with a fresh issue of 1.60 crore shares worth INR 168.00 crores. The company aims to fund working capital requirements, repay or prepay borrowings, achieve inorganic growth and meet general corporate purposes.
Prostarm Info Systems IPO Offer Size
The offer size of Prostarm Info Systems Limited is INR 168.00 crores, consisting of a fresh issue of 1.60 crore shares. The company aims to fund working capital requirements, repay or prepay borrowings, achieve inorganic growth and meet general corporate purposes.
Prostarm Info Systems Limited IPO Allotment Structure
Prostarm Info Systems Limited’s allocation will be as follows: 50% for Qualified Institutional Buyers (QIB), 15% for Non-Institutional Investors (NII), and 35% for Retail Individual Investors (RII) according to SEBI regulations.
● Qualified Institutional Buyers (QIB): As per SEBI regulations, 50% of the shares offered through the IPO will be reserved for Qualified Institutional Buyers. These include entities such as banks, mutual funds, and insurance companies.
● Non-Institutional Investors (NII): 15% of the shares will be reserved for Non-Institutional Investors. These typically include corporate bodies or individuals investing more than Rs 2 lakhs.
● Retail Individual Investors (RII): The remaining 35% of the shares will be allotted to Retail Individual Investors. These individual investors apply for shares with a total value of less than Rs.2 lakhs.
How to apply for the Prostarm Info Systems IPO?
To apply for the Prostarm Info Systems Limited IPO through Alice Blue, follow these steps:
Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.
- Check for IPO Details: Once your account is active, you can check for the Prostarm Info Systems Limited IPO details in the IPO section of the Alice Blue platform.
- Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
- Submit the Application: Confirm all your details and submit your application.
You can apply for the Prostarm Info Systems Limited IPO at Alice Blue in just a few clicks!
Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.
Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.
How do you check Prostarm Info Systems IPO Allotment Status?
Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:
- Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
- Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
- Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
- Select the Prostarm Info Systems Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Prostarm Info Systems Limited IPO.
- Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.
If you face any issues, we request you to reach out to our customer support team at Alice Blue for detailed assistance.
Apart from Alice Blue, there are other ways to check the allotment status of the Prostarm Info Systems Limited IPO:
● Registrar’s Website: Visit the website of KFin Technologies Limited, the registrar of the Prostarm Info Systems Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.
● BSE NSE: You can also check the allotment status on the official websites of the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). You would need your application number and PAN to check the status.
Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.
Prostarm Info Systems Ltd IPO Offer Registrar
The registrar for the Prostarm Info Systems Limited IPO is KFin Technologies Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
Contact information for the registrar:
KFin Technologies Limited Selenium,
Tower-B, Plot No. 31 and 32
Financial District Nanakramguda, Serilingampally
Hyderabad 500 032 Telangana, India
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Prostarm Info Systems IPO – FAQs
The allotment date of the Prostarm Info Systems IPO is May 30, 2025.
The price band of the issue is INR 95-105 per share.
The offer size of Prostarm Info Systems Limited is INR 168.00 crores, consisting of a fresh issue of 1.60 crore shares. The company aims to fund working capital requirements, repay or prepay borrowings, achieve inorganic growth and meet general corporate purposes.
The listing date of the Prostarm Info Systems IPO is Jun 3, 2025.
Prostarm Info Systems is getting listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
The open and close dates of Prostarm Info Systems Limited are May 27, 2025 and May 29, 2025.
To apply for the Prostarm Info Systems Limited IPO through Alice Blue, open a Demat and trading account, check IPO details, place your bid within the price band, submit the application, and check allotment status. Allotment depends on demand, and shares are not guaranteed.
The Book Runner for the Prostarm Info Systems IPO is Choice Capital Advisors Pvt Ltd.
