
Information Technology · NSE
Established in 2006, the company is primarily engaged in the distribution and customization of premium audio-visual (AV) products and solutions. Its product portfolio includes a wide range of AV hardware such as amplifiers, processors, turntables, audio streamers, speakers, subwoofers, soundbars, and cables. The company also offers tailored solutions for home theaters, automation systems, multi-room audio setups, and corporate AV requirements. It serves as an official distributor for renowned global brands like Denon, Polk, and JBL, providing access to cutting-edge technology and international quality standards. The company has built a strong market presence with a retail footprint consisting of seven showrooms and two experience centers spread across six cities—Mumbai, Bangalore, Chennai, Coimbatore, Mysore, and Ernakulam. As of August 2024, the company employs a team of 104 professionals, including 49 individuals in sales and marketing and 43 technical support specialists
Price Band
₹82 – ₹87
Issue Size
₹40.29 Cr
Lot Size
1600 shares
GMP
+14.9%
Est. Listing
₹100
at current GMP
Subscribed
23.65x
overall
Open
26 Jun 2025
Close
30 Jun 2025
Allotment
1 Jul 2025
Refund
2 Jul 2025
Demat Credit
3 Jul 2025
Listing
3 Jul 2025
Designated Registrar: Cameo Corporate Services Limited
Allotment Date
1 Jul 2025
Basis finalization
Refunds Initiate
2 Jul 2025
Mandate release
Demat Credit
3 Jul 2025
Shares in demat
Listing Debut
3 Jul 2025
Trading begins
PRO FX Tech Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹40.29 Crores. The shares are offered at a price band of ₹82 to ₹87 per equity share on NSE. 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 1600 shares (approx. ₹1,39,200 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 Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-07-03, while un-allotted funds or UPI block mandates will be released on 2025-07-02.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.