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Home/ Are You A Trader/  Market Info/  IPO/  IPO /  IPO Snapshot

Basis Of Allotment

Prostarm Info Systems Ltd.
Issue Open Date 27-May-25  
Issue Closing Date 29-May-25  
Application Money 100  
Allotment Money  
Price Band (Rs.) 95 - 105  
Minimum Bid Quantity. 142  
Issue Size (Shares) 11200000  
Market Lot 1  
Objective :

1. Funding working capital requirements of our Company;2. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company; and3. Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and General Corporate Purposes

Business Description

We are engaged in designing, manufacturing, assembling, sale, service and supply of Energy Storage Equipment and Power Conditioning Equipment (“Power Solution Products”) in India....

Promoter's Holding
Total Share Capital   42874592  
Offered to Public   11200000  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   72.82  
Address
Plot No. E L-79
Electronic Zone
T T C
M I D C
Mahape
Navi Mumbai
Thane ,
Maharashtra ,
400701
Phone : 022 4528 0500
Email : cs@prostarm.com
Website : www.prostarm.com/
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
Choice Capital Advisors Pvt Ltd
Promoters
Ram Agarwal
Sonu Ram Agarwal
Vikas Shyamsunder Agarwal
Attention Investors KYC ASBA

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Download Client Registration Documents

Download Client Registration Documents (Rights & Obligations, Risk Disclosure Document, Do's & Don't's) in Vernacular Language :
Assamese Bengali Gujarati Hindi Kanada
Kashmiri Konkani Malyalam Marathi Oriya
Punjabi Sindhi Tamil Telegu Urdu

NOTE : " This document is a translated version of the client registration documents in English and is being provided in vernacular language to facilitate better understanding by the investors. In case of any ambiguity, the contents of the English version would prevail. "