Prostarm Info Systems Limited is Coming Out With Its Initial Public Offering (IPO), Opening for subscription from May 27 to May 29, 2025. This prostarm info systems IPOO is expected to RAISEE Crore through a 100% fresh issue. Investors are eyeing this IPO as it falls with a niche sector of power solutions, energy storage, and UPS systems, serving a wide industry base. Let us do a detailed Prostarm Info Systems iPo review and Analysis to Undrstand Whtherres it is Worth Investing or Not.
Also read: Aegis Vopak Terminals IPO Review & Analysis
About the company
Prostarm info systems limited, incorporated in 2008, is involved in designing, manufacturing, and supplying energy storage and power conditioning products. The company provides a wide range of products include UPS Systems, Inverters, Solar Hybrid Systems, Lithium-ionum-ion battery packs, and voltage stabilizers. It also also undertakes Rooftop Solar EPC Projects and Provides Services Such as Amc, Rentals, and END-of-Life Disposal.
Their client base includes government bodies like Airports Authority of India, NTPC Vidyut Vyapar Nigam, and State-Level Public Departments. The company has a pan-India presence with 21 Branch Offices Across 18 States and Employers over 400 personnel.
Competitive strengths
- Evolving Product Portfolio Tailored for Multiple Industries
- Establed Government and Corporate Clientele
- Nationwide Branch and Distribution Network
- Strong Financial Growth and Improving Profitability
- Experienced Promoters and Senior Management
Prostarm Info Systems IPO Details
- IPO Open Date: May 27, 2025
- IPO Close Date: May 29, 2025
- IPO Listing Date (Tentative): June 3, 2025
- IPO Type: Book Building
- IPO size: ₹ 168 Croes
- Face value: ₹ 10 per share
- IPO price band: ₹ 95 to ₹ 105 per share
- Market lot: 142 shares
- Minimum investment (retail): ₹ 14,910
- Lead manager: Choice Capital Advisors Pvt Ltd
- Registrar: KFIN Technologies Limited
Company Financials (Restated Consolidated)
| Period Ended | Revenue (CR) | PAT (CR) | Net Worth (CR) |
|---|---|---|---|
| Mar 2022 | 172.05 | 10.87 | 40.95 |
| Mar 2023 | 232.35 | 19.35 | 61.00 |
| Mar 2024 | 259.23 | 22.80 | 84.30 |
| Dec 2024 | 270.27 | 22.11 | 107.24 |
Objects of the issue
The company intends to use the net proceeds from the IPO for:
- Funding Working Capital Requirements (₹ 72.5 Crore)
- Repayment/Prepayment of Borrowings (₹ 17.96 Crore)
- Inorganic growth via acquisitions and general corporate purposes
Valuation and peer comparison
- EPS (FY24): ₹ 5.01 (Post IPO)
- P/e ratio: ~ 20.97x at Upper Price Band
- Price to Book Value: 5.34x
Compared to peers in the energy/power solutions segment, the Valuation is Slightly on the Higher Side but Justified Given its steady finance and growth potential.
Reasons to Invest in Prostarm Info Systems IPO
- Growing Demand for Energy Storage and Backup Solutions Across India
- Steady Revenue and Profit Growth Year-On-Year
- Strong Government and Industrial Clientele
- Expanding footprint and increasing capacity
- IPO Funds to Reduce Debt and Support Future Growth
Risk Factors
- Dependence on Government Contracts for Major Revenue
- Working Capital-Intensive Business Model
- Competitive Industry with Large Global and Domestic Players
- Any delay in technology adoption or project executionwal
How to Apply for Prostarm Info Systems IPO?
Investors can apply through their demat-enabled trading accounts with brokers like zerodha, upstox, angel one, icici direct, etc. Retail investors should bid at the cut-off price to maximize allotment chances. UPI Mandate must be accepted Before 5 PM on May 29, 2025.
Prostarm Info Systems IPO GMP (GREY Market Premium)
As of now, the GMP for Prostarm Info Systems IPO is not officially reported. Investors Should Check for Daily Updates Closer to the issue Date for GP Trends.
Also read: Leela Hotels IPO Review – Should You Invest or Avoid?
Should you invest in Prostarm Info Systems IPO?
Prostarm Info Systems IPO Presents An Interesting Opportunity for Investors Seeking Exposure to the Energy Storage and Power Backup space. The company has a consistent financial performance, strong client relationships, and plans to utilize funds for growth and debt reduction. However, Given Its Dependence on Government Clients and Valuation on the Higher End, Risk-Everce Investors May Wait and Watch.
FAQS – Prostarm Info Systems IPO
1) What is the IPO date for Prostarm Info Systems IPO?
The IPO Opens on May 27, 2025, and Closes on May 29, 2025.
2) What is the IPO price band?
The price band is ₹ 95 to ₹ 105 per share.
3) How many shares can I apply for in Prostarm iPo?
Retail Investors Can Apply for a Minimum of 142 Shares (₹ 14,910).
4) When will Prostarm Info Systems iPo Be Listed?
The Tentative Listing Date is June 3, 2025.
5) What are the objectives of this IPO?
The IPO Proceeds Will Fund Working Capital, Repay Debt, and Support Business Expantion.
Disclaimer: This article is for informational purposes only and does not constitute a recommendation or advice to buy to the ipo. The views expressed are based on public information and our own analysis, which may be subject to change. Investors Should Consult With Their Financial Advisor Before Making Any Investments Decisions. Investing in the stock market, especially in iPos, is Subject to Market Risks.
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