IPO IPO-Synopsis
Prostarm Info Systems Ltd

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Registered Office: Plot No. EL 79 Electronic Zone,TTC MIDC Mahape Navi Mumbai , Thane - 400710 , Maharashtra , India.
Phone : 022 45280500   Fax:
Email :  cs@prostarm.com  
Website :  www.prostarm.com
Initial public offering of up to 1,60,00,000* equity shares of face value of Rs10/- each ("Equity Shares") of Prostarm Info Systems Limited ("the Company" or the "Issuer") for cash at a price of Rs105/- per equity share (Including a Securities Premium of Rs95/- per Equity Share) ("Issue Price") Aggregating up to Rs168.00 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 Rs10/- each and the issue price is 10.5 times the face value of the equity shares.
 
* Subject to finalization of basis of allotment. 



Issue Money Payable On
Opens On Closes On Application Allotment
27-May-25 29-May-25 Rs105.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :142  Further Multiples of :142

  Rs Cr Lead Managers to the Issue
Project Cost 144.94
Choice Capital Advisors Pvt Ltd
Project Financed through Current Offer 168.00  
Post Issue Equity Share Capital 58.87  
Issue Price Rs105.00  
Projects
Funding working capital requirements of the companyAcquisition of further stake of its subsidiary to make it a wholly owned subsidiary
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the companyGeneral corporate purposes
Promoted By
Ram Agarwal
Sonu Ram Agarwal
Vikas Shyamsunder Agarwal
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd