Prostarm Info Systems Limited is an Indian company specializing in energy storage and power conditioning solutions. Established in January 2008, the company initially focused on the sale, supply, and installation of batteries and uninterruptible power supply (UPS) systems from third-party vendors. Over time, it transitioned into designing, manufacturing, and assembling a broad portfolio of energy storage and power conditioning equipment under its brand.
Products and Services
Prostarm offers a diverse range of products, including:
- UPS systems
- Inverter systems
- Lithium-ion battery packs
- Solar hybrid inverters
- Servo-controlled voltage stabilizers
- Isolation transformers
- Lift inverter systems
The company also provides services such as installation, rentals, annual maintenance contracts (AMCs), and after-sales support. Its clientele spans various sectors, including healthcare, IT, banking and financial services, defense, education, and oil & gas.
Operational Footprint
As of May 2025, Prostarm operates 21 branches across 18 states and one union territory in India. The company employs 423 permanent and 19 contractual staff members. It has three manufacturing units located in Maharashtra and serves clients through a network of over 4,500 dealer and distributor touchpoints.
Financial Performance
In the fiscal year 2023-24, Prostarm reported a revenue of ₹257.87 crore, marking an 11.94% increase from the previous year. The net profit for the same period was ₹22.80 crore, reflecting a 17.83% growth. Over the last two years, the company’s revenue and net profit have grown at a compound annual growth rate (CAGR) of 22.83% and 44.60%, respectively.
Prostarm Info Systems Limited IPO Timetable
Particular | Date |
IPO Open Date | 27 May 2025 |
IPO Close Date | 29 May 2025 |
Allotment Date | 30 May 2025 |
IPO Listing Date | 03 Jun 2025 |
Prostarm Info Systems Limited IPO Details
Issue Type | Book Built Issue IPO |
Face Value | Rs. 10 Per Equity Share |
IPO Price | Rs. 105 Per Equity Share |
Market Lot | 142 Share |
ISIN Code | |
Listing At | NSE & BSE |
Issue Size | Approx. Rs. 168 Crore. |
Prostarm Info Systems Limited IPO Lot Size
Application | Lots | Shares | Amount |
Minimum | 1 | 142 | Rs. 14910 |
Maximum | 13 | 1846 | Rs. 193830 |
Small HNI (Minimum) | 14 | 1988 | Rs. 208740 |
Big HNI (Minimum) | 68 | 9656 | Rs. 1013880 |
Prostarm Info Systems Limited IPO Allotment Status
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Company Financials :
Particular | 31 March 2024 | 31 March 2023 | 31 March 2022 |
Total Assets | 203.05 | 155.39 | 98.03 |
Total Revenue | 259.23 | 232.35 | 172.05 |
Profit After Tax | 22.80 | 19.35 | 10.87 |
Company Promoters:
The Promoters of the Company are Ram Agarwal, Sonu Ram Agarwal and Vikas Shyamsunder Agarwal.
Objects of this Issue:
- Funding working capital requirements of the Company.
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company
- Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
Registrar & Company Details
Company Contact Information | IPO Registrar |
Prostarm Info Systems Limited Plot No. EL 79 Electronic Zone, TTC, MIDC, Mahape Navi Mumbai, Thane Phone: 022 4528 0500 Email: cs@prostarm.com Website: https://prostarm.com/ | Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: pisl.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |