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IPO

IPO Details


Prostarm Info Systems Ltd
Registered Office: Plot No. EL 79 Electronic Zone, TTC MIDC Mahape Navi Mumbai, Thane - 400710, Maharashtra
Phone: 022 45280500
Email: cs@prostarm.com
Website: www.prostarm.com
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 /> &nbsp; <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 /> &nbsp; <br /> * Subject to finalization of basis of allotment.&nbsp;<br /> <br /> <br style="font-size: 13.3333px;" />
Issue Money Payable On
Opens On Closes On Application Allotment
27-May-2025 29-May-2025 ₹ 105.00 ₹ 0.00
Minimum Application for shares in Nos : 142.0 Further Multiples of : 142.0
(₹)Cr. Lead Managers to the Issue
Project Cost 144.94 Choice Capital Advisors Pvt Ltd
Project Financed through Current Offer 168.00
Post Issue Equity Share Capital 58.87
Issue Price ₹105.00
Projects
Funding working capital requirements of the company
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
Acquisition of further stake of its subsidiary to make it a wholly owned subsidiary
General corporate purposes
Promoted By
Ram Agarwal
Sonu Ram Agarwal
Vikas Shyamsunder Agarwal
Listing At
BSE
NSE
Registrar to the Issue

INDIAN INDICES

Sensex

81,361.87 -82.79 (-0.10%)

Nifty

24,793.25 -18.80 (-0.08%)

GLOBAL INDICES

USD

85.75 0.06 (0.95%)

NASDAQ
HANG SENG

23,237.75 -472.95(-1.99%)