Prostarm Info Systems Ltd

Prostarm Info Systems Ltd IPO

IPO Price Range: ₹95 - 105

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.

Min Investment

₹14,910

IPO Size

₹168 Cr

IPO Status

Live

Quantity in 1 Lot

142

Max Bid allowed

13

Listing Exchange

NSE

IPO Application Timeline of Prostarm Info Systems Ltd

upcoming
Open Date27 May 2025
Close Date29 May 2025
Allotment Date30 May 2025
Listing Date3 Jun 2025

Key Statistics

Bid Opening DateBid Opening Date27 May 2025
Bid Closing DateBid Closing Date29 May 2025
Allotment DateAllotment Date30 May 2025
Issue SizeIssue Size₹168Cr
Quantity in 1 lotQuantity in 1 lot142

Strengths and Risks of Prostarm Info Systems Ltd IPO

Strengths

Strengths

  • Experienced Promoters and Management team.

  • Well established infrastructure with technologies

  • Wide geographical presence and distribution network

  • Scalable business model with wide portfolio of clients across various industries.

  • We believe that our diversified product portfolio helps us retain our customers and strengthen our cross-selling efforts across product portfolios

  • Existing relationship with clients.

  • Wide array of quality products and services.


Risks

Risks

  • The Company has received a show cause notice for alleged violation under the Custom Act, 1962. Any adverse order passed against the company would materially affect its financial condition and business.

  • The company revenue from operations is dependent upon a limited number of customers and the loss of any of these customers or loss of revenue from any of these customers could have a material adverse effect on its business, financial condition, results of operations and cash flows.

  • Disruption in its relationships with third party dealers and distributors, changes in their business practices, their failures to meet payment schedules and provide timely and accurate information could adversely affect its business, operating cash flows and financial condition.

  • The company is heavily dependent on its suppliers and any disruptions in the supply or an increase in prices of materials and components could adversely affect its operations.

  • The company has received show cause notices from regulatory authorities in the past.

  • The company has experienced negative operating cash flows of Rs.1350.31 lakhs, Rs.780.18 lakhs and Rs.1,053.45 lakhs in prior years Fiscal 2023, Fiscal 2024 and in the nine month period ended December 31, 2024, respectively.

  • The company has derived a substantial portion of its revenue from the sale of its UPS System and sale of third party power solution products and other products and loss of sales due to reduction in demand for these products would have a material adverse effect on its business, financial condition, results of operations and cash flows.

  • The Company, Promoters, Directors, Subsidiary, KMPs and SMPs are parties to certain legal proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.

  • Under-utilization of its manufacturing capacities and an inability to effectively utilize the company manufacturing capacities could have an adverse effect on its business, future prospects and future financial performance.

  • The company has contingent liabilities and its financial condition could be adversely affected if any of these contingent liabilities materializes.

Promoters Holding

Investors Holdings %
Ram Agarwal28.83%
Sonu Ram Agarwal20%
Vikas Shyamsunder Agarwal33%
Sunita Vikas Agarwal7.12%
Parvati Shyamsunder Agarwal7%

Frequently Asked Questions of Prostarm Info Systems Ltd IPO

  • What is the size of the Prostarm Info Systems Ltd IPO?

    The size of the Prostarm Info Systems Ltd IPO is ₹168Cr .

  • What is 'pre-apply' for Prostarm Info Systems Ltd IPO?

    'Pre-apply' for Prostarm Info Systems Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Prostarm Info Systems Ltd IPO order be placed?

    Your Prostarm Info Systems Ltd IPO order will be placed on 27 May 2025.

  • What are the open and close dates of the Prostarm Info Systems Ltd IPO?

    The open and close dates of the Prostarm Info Systems Ltd IPO are 27 May 2025 to 29 May 2025.

  • What is the lot size and minimum order quantity of the Prostarm Info Systems Ltd IPO?

    The lot size and minimum order quantity of the Prostarm Info Systems Ltd IPO are 142 and 142 respectively.

  • What would be the listing gains on the Prostarm Info Systems Ltd IPO?

    The potential listing gains on the Prostarm Info Systems Ltd IPO will depend on various market factors and cannot be predicted with certainty.