
Industrial & Financial Services · NSE / BSE
Incorporated in January 2008, Prostarm Info Systems Limited is an Indian company that specializes in designing, manufacturing, and selling energy storage and power conditioning equipment, commonly referred to as "Power Solution Products." These include UPS systems, inverter systems, solar hybrid inverters, lithium-ion battery packs, and voltage stabilizers. The company offers both customized and standard solutions, manufactured in-house or through contract partners, and also supplies third-party batteries. Additionally, Prostarm provides services such as reverse logistics, end-of-life disposal for UPS systems and batteries, and executes rooftop solar power plant projects on an EPC basis. Their offerings are complemented by installation, rental services, and comprehensive after-sales support, including warranty, post-warranty service, and Annual Maintenance Contracts (AMC). Serving a wide range of industries—such as healthcare, aviation, research, BFSI, railways, defense, education, IT, and renewable energy—their clientele includes major public sector organizations like the Airports Authority of India, CPWD Patna, PWD New Delhi, and NTPC Vidyut Vyapar Nigam Limited. As of May 17, 2025, Prostarm operates through 21 branch offices and 2 storage facilities across 18 states and 1 union territory in India. The company had 423 permanent employees and 19 contract staff as of March 31, 2025.
Price Band
₹95 – ₹105
Issue Size
₹168 Cr
Lot Size
142 shares
GMP
+11.4%
Est. Listing
₹117
at current GMP
Subscribed
97.20x
overall
Open
27 May 2025
Close
29 May 2025
Allotment
30 May 2025
Refund
31 May 2025
Demat Credit
1 Jun 2025
Listing
3 Jun 2025
Overall Subscription
97.20x
Total Demand
QIB Multiplier
104.49x
Institutions & Funds
NII / HNI
222.14x
High Net-Worth
Retail (RII)
39.49x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 3,200,000 | 334,354,194 | 104.49x |
| NIB | 2,400,000 | 533,128,918 | 222.14x |
| HNIs(10L +) | 1,600,000 | 399,681,294 | 249.80x |
| HNIs (2-10L) | 800,000 | 133,447,624 | 166.81x |
| RETAIL | 5,600,000 | 221,158,184 | 39.49x |
| Total | 13,600,000 | 1,621,770,214 | 97.20x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs (10L+) | 805 | 40,445 | 50.24x |
| HNIs (2-10L) | 402 | 64,839 | 161.29x |
| RETAIL | 39,437 | 1,304,704 | 33.08x |
| Total Applications | 40,644 | 1,409,988 | 34.69x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Prostarm Info Systems Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹168 Crores. The shares are offered at a price band of ₹95 to ₹105 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-05-29, the basis of allotment is scheduled to be finalized on 2025-05-30. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Prostarm Info Systems Limited IPO is ₹12 per equity share. Based on the upper price band of ₹95 to ₹105 per equity share, the estimated listing price is ₹117 (+11.4% expected listing gain).
With a lot size of 142 shares and current GMP of ₹12, the expected profit per application lot is approx ₹1,704 (+11.4% gain). Minimum application cost is approx ₹14,910.
The Prostarm Info Systems Limited IPO aggregate issue size is ₹168 Crores with an equity price band set at ₹95 to ₹105 per equity share. The retail lot size is 142 shares requiring a minimum capital outlay of approx. ₹14,910.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 97.20x (Retail: 39.49x, QIB: 104.49x, NII: 222.14x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-05-30. Investors can verify status using PAN card or application number.
Prostarm Info Systems Limited shares are scheduled to list on NSE and BSE on 2025-06-03.