
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
Overall Subscription
23.65x
Total Demand
QIB Multiplier
22.03x
Institutions & Funds
NII / HNI
56.72x
High Net-Worth
Retail (RII)
14.09x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 878,400 | 19,350,400 | 22.03x |
| NIB | 659,200 | 37,390,400 | 56.72x |
| RETAIL | 1,537,600 | 21,667,200 | 14.09x |
| Total | 3,075,200 | 78,408,000 | 23.65x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 15 | 0.00x |
| NIB | — | 948 | 0.00x |
| RETAIL | — | 13,542 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for PRO FX Tech Limited IPO is ₹13 per equity share. Based on the upper price band of ₹82 to ₹87 per equity share, the estimated listing price is ₹100 (+14.9% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹13, the expected profit per application lot is approx ₹20,800 (+14.9% gain). Minimum application cost is approx ₹1,39,200.
The PRO FX Tech Limited IPO aggregate issue size is ₹40.29 Crores with an equity price band set at ₹82 to ₹87 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,39,200.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 23.65x (Retail: 14.09x, QIB: 22.03x, NII: 56.72x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2025-07-01. Investors can verify status using PAN card or application number.
PRO FX Tech Limited shares are scheduled to list on NSE on 2025-07-03.