Prostarm Info Systems IPO: A Comprehensive Overview
Prostarm Info Systems, a Navi Mumbai-based power solutions provider, has garnered significant attention with its Initial Public Offering (IPO) witnessing robust investor interest. As of May 28, 2025, the IPO has been subscribed 9.7 times, indicating strong market confidence in the company’s prospects
📌 IPO Snapshot
- IPO Dates: May 27 – May 29, 2025
- Price Band: ₹95 – ₹105 per share
- Issue Size: ₹168 crore
- Lot Size: 142 shares
- Listing Date: June 3, 2025
- Exchanges: BSE and NSE
The IPO comprises a fresh issue of up to 1.6 crore equity shares, with the proceeds earmarked for working capital requirements, debt repayment, strategic initiatives, and general corporate purposes.
🏢 Company Overview
Established in 2008, Prostarm Info Systems specializes in manufacturing power solution products under the ‘Prostarm’ brand. Their product portfolio includes:
- Uninterruptible Power Supply (UPS) systems
- Inverters and solar hybrid inverters
- Lithium-ion battery packs
- Servo-controlled voltage stabilizers
- Isolation transformers
The company also undertakes rooftop solar photovoltaic power plant projects on an Engineering, Procurement, and Construction (EPC) basis.
With three manufacturing facilities in Maharashtra and a network of 22 branch offices across 17 states and one union territory, Prostarm has catered to over 700 clients in FY24, including notable names like Larsen & Toubro, Tata Power, and Bajaj Finance.
📈 Financial Performance
In the fiscal year 2024, Prostarm Info Systems reported:
- Revenue: ₹257.9 crore (12% increase from the previous fiscal)
- Net Profit: ₹22.8 crore (18% increase from the previous fiscal)
These figures reflect the company’s consistent growth trajectory and its ability to maintain profitability.
📊 Investor Sentiment and Subscription Details
The IPO’s strong subscription figures underscore investor confidence:
- Overall Subscription: 9.7 times as of May 28, 2025
- Grey Market Premium (GMP): Indicates a positive market sentiment and a potentially strong debut for the IPO.
Analysts suggest that the enthusiastic early response points to favorable momentum for Prostarm Info Systems.
💡 Should You Invest?
Prostarm Info Systems presents a compelling investment opportunity due to:
- Robust Financials: Consistent revenue and profit growth.
- Diverse Product Portfolio: Catering to various industries, including healthcare, aviation, BFSI, and renewable energy.
- Expanding Market Presence: A wide network across India and a strong client base.
However, potential investors should consider market conditions, company valuation, and their individual risk appetite before making investment decisions.
📝 Conclusion
Prostarm Info Systems’ IPO has captured investor interest with its strong subscription rates and positive market indicators. The company’s solid financial performance, diverse product offerings, and expansive market reach position it as a noteworthy contender in the power solutions sector. As always, investors should conduct thorough due diligence and consult financial advisors before investing