Prostarm Info Systems Limited is launching its Prostarm Info Systems Limited IPO from May 27 to May 29, 2025. The company specializes in power solutions and energy storage, including inverters, lithium-ion battery packs, and voltage stabilizers.
Established in 2008 and based in Pune, Prostarm has transitioned from reselling third-party products to manufacturing its own line of energy storage and power conditioning equipment .
IPO Timeline
- Anchor Investor Bidding: May 26, 2025
- IPO Opens for Subscription: May 27, 2025
- IPO Closes: May 29, 2025
- Basis of Allotment Finalization: May 30, 2025
- Initiation of Refunds: June 2, 2025
- Credit of Shares to Demat Accounts: June 2, 2025
- Listing Date on BSE and NSE: June 3, 2025
Prostarm Info Systems Limited IPO Details
- Price Band: ₹95 to ₹105 per share
- Issue Size: ₹168 crore
- Issue Type: Book-built, entirely fresh issue of 1.60 crore shares
- Face Value: ₹10 per share
- Lot Size: 142 shares
- Minimum Investment: ₹14,910 (at the upper price band)
- Exchanges: BSE and NSE
- Lead Manager: Choice Capital Advisors Pvt Ltd
- Registrar: KFin Technologies Limited
Promoters of Prostarm Info Systems Limited
Prostarm Info Systems Limited is promoted by three key individuals who have been instrumental in the company’s growth and strategic direction:
1. Ram Agarwal – Promoter & Chief Executive Officer
- Role: Founder and CEO of Prostarm Info Systems Limited.
- Background: Ram Agarwal is a first-generation entrepreneur with over 16 years of experience in the power electronics sector. He has been pivotal in transitioning Prostarm from a reseller of third-party products to a manufacturer of its own energy storage and power conditioning equipment.
- Shareholding: As per the Draft Red Herring Prospectus (DRHP), Ram Agarwal held 27,25,080 equity shares, representing 30.00% of the pre-issue share capital of the company.
2. Sonu Ram Agarwal – Promoter & Whole-Time Director
- Role: Promoter and Whole-Time Director at Prostarm Info Systems Limited.
- Background: Sonu Ram Agarwal has been associated with the company since its inception and has played a significant role in its administrative and financial operations.
- Shareholding: According to the DRHP, she held 18,16,724 equity shares, accounting for 20.01% of the pre-issue share capital.
3. Vikas Shyamsunder Agarwal – Promoter & Director
- Role: Promoter and Director at Prostarm Info Systems Limited.
- Background: Vikas Shyamsunder Agarwal has been involved in the strategic planning and execution of the company’s growth initiatives.
- Shareholding: While specific shareholding details for Vikas Shyamsunder Agarwal are not explicitly mentioned in the DRHP, he is recognized as one of the promoters of the company.
Collectively, these promoters have been fundamental in steering Prostarm Info Systems Limited towards its current position in the power solutions industry. Their combined expertise and leadership continue to drive the company’s vision and operational excellence.
Prostarm Info Systems Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Minimum) | 1 | 142 | ₹14,910 |
| Retail (Maximum) | 13 | 1846 | ₹1,93,830 |
| S-HNI (Minimum) | 14 | 1,988 | ₹2,08,740 |
| S-HNI (Maximum) | 67 | 9,514 | ₹9,98,970 |
| B-HNI (Minimum) | 68 | 9,656 | ₹10,13,880 |
Prostarm Info Systems Limited IPO Promoter Holding
| Promoter | Pre-IPO Shareholding | Post-IPO Shareholding |
|---|---|---|
| Ram Agarwal | 30% | Data not specified |
| Sonu Ram Agarwal | 20% | Data not specified |
| Vikas Shyamsunder Agarwal | 33% | Data not specified |
| Total Promoter Holding | 83% | Data not specified |
Grey Market Premium (GMP)
As of now, there is no grey market premium (GMP) for Prostarm Info Systems’ IPO, indicating that the shares are trading at par with the IPO price in the unofficial market.
About Prostarm Info Systems Limited
Prostarm Info Systems Limited is an Indian power electronics company specializing in the design, manufacturing, and servicing of energy storage and power conditioning equipment. Established in 2008, the company has evolved from reselling third-party products to producing its own range of power solutions.
Company Overview
- Founded: 2008
- Headquarters: Navi Mumbai, Maharashtra, India
- Manufacturing Facilities: In-house and third-party contract manufacturing
- Branches: 21 branch offices and two storage facilities across 18 states and one union territory in India
Product Portfolio
Prostarm offers a comprehensive range of power solution products, including:
- Uninterruptible Power Supply (UPS) systems
- Inverter systems
- Lift inverter systems
- Solar hybrid inverter systems
- Lithium-ion battery packs
- Servo-controlled voltage stabilizers (SCVS)
- Isolation transformers
The company also engages in the sale and supply of third-party products such as batteries, solar panels, and IT assets.
Services Offered
Prostarm provides a range of services to complement its products:
- Installation and commissioning
- Rental services
- After-sales services, including warranty and post-warranty support
- Annual Maintenance Contracts (AMC)
Clientele and Empanelments
Prostarm is an empanelled vendor for several government and public sector organizations, including:
- Airports Authority of India
- Central Public Works Department, Patna, Bihar
- Public Works Department, New Delhi
- West Bengal Public Health Engineering Department
- West Bengal Electronic Industry Development Corporation Limited
- Telangana State Technology Services Limited
- Railtel Corporation of India Limited
- NTPC Vidyut Vyapar Nigam Limited
Prostarm Info Systems Limited Financial Information
Here is the financial performance of Prostarm Info Systems Limited for the fiscal years ending March 31, 2022, 2023, and 2024:
Financial Summary
| Particulars | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue from Operations | ₹172.05 Crores | ₹232.35 Crores | ₹259.23 Crores |
| Total Expenses | ₹157.08 Crores | ₹206.16 Crores | ₹228.28 Crores |
| Profit After Tax (PAT) | ₹10.87 Crores | ₹19.35 Crores | ₹22.83 Crores |
| Total Assets | ₹98.03 Crores | ₹155.39 Crores | ₹203.05 Crores |
| Net Worth | ₹40.96 Crores | ₹61.01 Crores | ₹84.33 Crores |
Key Financial Ratios
- Earnings Per Share (EPS): ₹5.44 (Basic)
- Return on Net Worth (RoNW): 32.12%
- EBITDA Margin: 14.20%
- PAT Margin: 8.85%
- Debt-to-Equity Ratio: 0.51
- Net Asset Value (NAV): ₹19.67
These figures indicate a consistent growth trajectory for Prostarm Info Systems Limited, showcasing improvements in revenue, profitability, and financial stability over the three fiscal years.
Key Performance Indicator (KPI)
| KPI | Values |
|---|---|
| ROE | 31.41% |
| ROCE | 32.41% |
| Debt/Equity | 0.51 |
| RoNW | 32.09% |
| PAT Margin | 8.85 |
| Price to Book Value | 5.34 |
Notes:
- EPS and RoNW show strong profitability growth.
- EBITDA Margin is steadily improving, indicating better cost efficiency.
- Debt-to-Equity ratio is decreasing, showing improved financial health.
- NAV per share reflects growing shareholder value.
Strengths of Prostarm Info Systems Limited IPO
- Diversified Product Portfolio: Prostarm offers a wide range of power solutions, including UPS systems, inverters, solar hybrid systems, and lithium-ion battery packs, catering to various industries such as healthcare, BFSI, and renewable energy.
- Established Client Relationships: The company has built long-term relationships with notable clients like Larsen & Toubro Limited and Tata Power Co. Limited, contributing to consistent revenue streams.
- Extensive Distribution Network: With 21 branch offices and two storage facilities across 18 states and one union territory in India, Prostarm ensures efficient product delivery and after-sales service.
- Quality Certifications: Prostarm holds multiple ISO certifications, including ISO 9001:2015 for quality management and ISO 14001:2015 for environmental management, reflecting its commitment to quality and sustainability.
- Strong Financial Performance: The company has demonstrated consistent growth, with revenue from operations increasing from ₹172.05 crore in FY 2022 to ₹259.23 crore in FY 2024, and Profit After Tax (PAT) rising from ₹10.87 crore to ₹22.83 crore during the same period.
Risks of Prostarm Info Systems Limited IPO
- Geographical Concentration: All manufacturing units are located in Maharashtra, exposing the company to regional risks such as natural disasters or political instability that could disrupt operations.
- Regulatory Challenges: Prostarm has received a show cause notice for an alleged violation under the Customs Act, 1962. Any adverse ruling could materially impact its financial condition and business operations.
- Supplier Dependency: The company relies heavily on specific suppliers for raw materials. Disruptions in supply or price increases could adversely affect production and profitability.
- Customer Concentration: A significant portion of revenue comes from a limited number of clients. Loss of any major customer could have a material adverse effect on financial performance.
- Competitive Industry: The power solutions market is highly competitive, with numerous domestic and international players.
Investors should carefully consider these strengths and risks, along with their investment objectives and risk tolerance, before participating in the Prostarm Info Systems Limited IPO.
Prostarm Info Systems Limited Contact Details
Here are the official contact details for Prostarm Info Systems Limited:
🏢 Registered Office
- Address: TTC Industrial Area, Navi Mumbai – 400710, Maharashtra, India
- Phone: (+91) 22-4528 0500
- Email: sales@prostarm.com
- Website: www.prostarm.com
🏭 Manufacturing Unit
- Address: Jai Paru Vasu Extension, Lane Opposite Trendz Furniture, Pisoli, Pune – 411048, Maharashtra, India
- Phone: (+91) 22-4528 0500
- Email: sales@prostarm.com
For further inquiries or to get in touch with their team, you can also use the contact form available on their official website:
Aegis Vopak Terminals Limited IPO Details: Date, Price, and Review
Leela Hotels IPO 2025 Review: A Complete Details
Disclaimer: The content on this website is intended for informational purposes only and should not be interpreted as financial or investment advice. Engaging in stock market activities involves inherent risks, and outcomes can be unpredictable. While we strive to provide accurate and up-to-date information, we do not make any guarantees regarding the completeness or reliability of the content. Any investment decisions you make should be based on your own research and consultation with a qualified financial professional. We are not responsible for any financial gains or losses resulting from actions taken based on the information provided here. Always invest wisely and at your own risk.
