IPO Synopsis
Prostarm Info Systems Ltd
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.
 
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.
 
* Subject to finalization of basis of allotment. 


Issue
Opens On Closes On
27-May-25 29-May-25
Money Payable On
Application Allotment
105.00 0.00
Minimum Application for shares in Nos : 142 Further Multiples of : 142
Cr Lead Managers to the Issue
Project Cost (.Cr) 144.94 Choice Capital Advisors Pvt Ltd
Project Financed through Current Offer (.Cr) 168.00  
Post Issue Equity Share Capital (.Cr) 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
No Data Available

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.