Prostarm Info Systems IPO Analysis
Hello everyone—I'm thrilled to provide a thorough analysis of the Prostarm Info Systems IPO, including the company summary, IPO dates, price range, allocation status, and the enduringly popular GMP tendencies. You've come to the correct spot if you're tracking "prostarm info systems ipo gmp" or have questions regarding "prostarm info systems ipo gmp today."
Overview of the Business
Mumbai-based Prostarm Info Systems Limited is a power electronics business that specializes in:
- Power backup options include batteries, UPS systems, and inverters.
- Personalized power systems for businesses
- R&D and production at its facilities in Thane
𝗣𝗿𝗼𝘀𝘁𝗮𝗿𝗺 𝗜𝗻𝗳𝗼 𝗦𝘆𝘀𝘁𝗲𝗺𝘀🔋𝐈𝐏𝐎 opens on 27th May
It is an Indian company engaged in manufacturing and selling Energy Storage equipment like UPS, inverter systems, solar hybrid inverter, lithium-ion battery, etc.
Prostarm, which was founded by Ram Agarwal, Sonu Ram Agarwal, and Vikas Shyamsunder Agarwal, is known for its dependable and reasonably priced power supplies in the institutional and retail markets.
Also Read: Belrise Industries Limited IPO Date, Price, GMP & Review
IPO Overview
| Parameter | Detail |
|---|---|
| Issue Size | ₹168 Cr (Fresh Issue only) |
| Fresh Shares | 1.6 Cr equity shares (₹10 face value) |
| Offer for Sale | – None |
| Price Band | ₹95 – ₹105 per share |
| Lot Size | 142 shares |
| Minimum Investment (Retail) | ₹14,910 |
| 💸𝗥𝗲𝘁𝗮𝗶𝗹(𝐌𝐚𝐱.) | ₹1,93,880 (13 Lots) |
| 🏦𝗠𝗮𝗿𝗸𝗲𝘁 𝗖𝗮𝗽 (Post-IPO) | ₹618 crore |
| Listing On | NSE & BSE |
| Book Running Lead Manager | Choice Capital Advisors Pvt. Ltd. |
| Registrar | KFin Technologies Ltd. |
Key IPO Dates
| Event | Date |
|---|---|
| Anchor Book Opens | May 26, 2025 |
| Issue opens | May 27, 2025 |
| Issue Closes | May 29, 2025 |
| Basis of Allotment Finalized | May 30, 2025 |
| Refunds / UPI Unblocking Initiated | June 2, 2025 |
| Credit of Shares to Demat | June 2, 2025 |
| Commencement of Trading | June 3, 2025 |
Also Read: Schloss Bangalore IPO GMP, Price, Status & Review
GMP Trends
Day End IPO GMP Update
₹17 (16.19%)
As of 26/5/2025 for Prostarm Info Systems Limited IPOPeer Comparison
Prostarm operates in the power backup & electronics segment. Here’s how it stacks up against a couple of listed peers (FY24 numbers):
| Company | FY24 Revenue | PAT Margin | Market Cap |
|---|---|---|---|
| Prostarm (Post-IPO) | ₹168 Cr* | N/A (First IPO) | ₹618 Cr |
| Su-Kam Power* | ₹1,200 Cr | 5.2% | ₹800 Cr |
| Luminous Power* | ₹2,500 Cr | 6.8% | ₹4,500 Cr |
*Prostarm revenue is approximately IPO size. Su-Kam & Luminous are for illustrative comparison only.
Also Read: Borana Weaves IPO: Key Details, Pros & Listing Outlook
Financial Snapshot
Since Prostarm is a first-time public issuer, detailed audited financials appear in the full RHP. Key pre-issue metrics include:
Pre-Issue Market Cap
₹450.18 Cr
Post-Issue Market Cap
₹618.18 Cr
Promoter Holding (Pre-Issue)
644.87%
Promoter Holding (Post-Issue)
469.62%
Face Value
₹10 per share
Also Read: Aegis Vopak Terminals IPO GMP Today, Price, Date, Allotment
Learn your allotment status and find out how to check online.
I’ve outlined everything you should know about the Prostarm Info Systems IPO allotment status, right through to credit in your demat account.
| Event | Date | Details |
|---|---|---|
| Basis of Allotment Finalized | May 30, 2025 | Registrar (KFin Technologies) completes allocation based on subscription levels across categories. |
| Application Refunds / UPI Unblocking | June 2, 2025 | Unblocked funds or refunds credited back to your bank account if you did not receive the full/allotment. |
| Credit of Shares to Demat | June 2, 2025 | Allotted shares are credited to your demat account—look for ISIN INE0K3701018 under your holdings. |
| Commencement of Trading | June 3, 2025 | Prostarm Info Systems shares begin trading on NSE & BSE. |
Key Risks
There hasn’t been a public market before, so pricing for the first IPO is new and unproven.
The grey market may shift by ±20 percentage points from its initial level.
Having high inventory & receivables can hurt a business’s ability to handle cash requirements.
Competition in the Industry: Matching against established and bigger players.
Always check the RHP’s section on Risk Factors.
Review
What caught my attention is Prostarm's focus on niche inverters and power solutions, which have stable demand, add repeat sales, and are well-distributed. With the stock priced between ₹95 and ₹105 and a GMP at ₹12–₹15, it appears to be a good time for a healthy listing. But since I’ve never done it before, the risk associated with volatility is important for me.
In the near term: If GMP does not fall, you can anticipate a 10–15% increase in listings.
For the long run: Progress depends on how well the company executes its expansion and raises margins.
Contact Details
| Detail | Information |
|---|---|
| Registered Office | Plot No. E1-79, Electronic Zone, TTC, MIDC, Mahape, Navi Mumbai – 400710, Maharashtra, India |
| Corporate Office | (Not separately specified in RHP; please use Registered Office for all correspondence.) |
| Contact Person | Sachin Gupta, Company Secretary & Compliance Officer |
| cs@prostarm.com | |
| Telephone | +91-22-4528 0500 |
| Website | https://www.prostarm.com |
Also Read: AMC SIP Meaning, Full Form & SIP Comparison Guide
FAQs
It means that on May 26, 2025, the grey market premium (GMP) for Prostarm Info Systems shares closed at ₹17 above the IPO issue price, equivalent to a potential 16.19% listing gain.
On May 30, 2025, the final basis for allotment will be determined. Allotment status for admission can be viewed on the day or early on May 31 by using the registrar’s portal (KFin Technologies).
If you do not get any shares, you will have your mandate automatically released or refund credited by June 2, 2025.
Made 35% of the total offers (representing 5.6 million shares). Once you have subscribed 10×, only 14 shares might be awarded to each retail applicant bidding for 142 shares (example). Exact proportions are set based on the final number of fans subscribed.
On June 2, 2025, all UPI and refund systems will return to normal. See if your bank’s UPI or ASBA statement shows that the funds were unblocked.
INE0K3701018. Explore your demat account to confirm the listing of stocks you received.
A healthy GMP (like ₹17 / 16.19%) suggests listing upside, but ensure your risk appetite aligns. Consider factors like Prostarm’s margins, competition, and working-capital intensity before applying.
Pingback: Ganga Bath Fittings IPO Date, Price, GMP, Allotment & Review