
Information Technology · BSE
Praruh Technologies Limited, incorporated in 2019, is an ICT system integration and digital transformation company providing end-to-end solutions in hardware, applications, data centers, networking, security, and audio-video services. The company helps organizations enhance efficiency and drive growth through system integration, IT consultancy, security solutions, and networking services, offering tailored strategies for cloud, risk management, disaster recovery, and network design. With a focus on industry-specific, turnkey solutions, Praruh ensures optimized IT infrastructure and seamless business operations across India. As of August 31, 2024, the company employed 47 people.
Price Band
₹60 – ₹63
Issue Size
₹23.50 Cr
Lot Size
2000 shares
GMP
+1.6%
Est. Listing
₹64
at current GMP
Subscribed
1.29x
overall
Open
24 Sep 2025
Close
26 Sep 2025
Allotment
29 Sep 2025
Refund
30 Sep 2025
Demat Credit
1 Oct 2025
Listing
1 Oct 2025
Overall Subscription
1.29x
Total Demand
QIB Multiplier
1.01x
Institutions & Funds
NII / HNI
2.50x
High Net-Worth
Retail (RII)
0.93x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 708,000 | 716,000 | 1.01x |
| NIB | 532,000 | 1,328,000 | 2.50x |
| HNIs(10L +) | 360,000 | 1,234,000 | 3.43x |
| HNIs (2-10L) | 172,000 | 94,000 | 0.55x |
| RETAIL | 1,240,000 | 1,152,000 | 0.93x |
| Total | 3,012,000 | 4,524,000 | 1.29x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 2 | 0.00x |
| NIB | — | 49 | 0.00x |
| RETAIL | 310 | 52,519 | 169.42x |
| HNIs(10L +) | 59 | 2,931 | 49.68x |
| HNIs (2-10L) | 30 | 3,941 | 131.37x |
| Total Applications | 399 | 59,442 | 148.98x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Praruh Technologies Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹23.5 Crores. The shares are offered at a price band of ₹60 to ₹63 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,26,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-10-01, while un-allotted funds or UPI block mandates will be released on 2025-09-30.
The latest Grey Market Premium (GMP) for Praruh Technologies Limited IPO is ₹1 per equity share. Based on the upper price band of ₹60 to ₹63 per equity share, the estimated listing price is ₹64 (+1.6% expected listing gain).
With a lot size of 2000 shares and current GMP of ₹1, the expected profit per application lot is approx ₹2,000 (+1.6% gain). Minimum application cost is approx ₹1,26,000.
The Praruh Technologies Limited IPO aggregate issue size is ₹23.5 Crores with an equity price band set at ₹60 to ₹63 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,26,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.29x (Retail: 0.93x, QIB: 1.01x, NII: 2.50x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2025-09-29. Investors can verify status using PAN card or application number.
Praruh Technologies Limited shares are scheduled to list on BSE on 2025-10-01.