Prostarm Info Systems Limited IPO
Prostarm Info Systems Limited was a mainboard IPO in the Other Electrical Equipment sector, offered at ₹95–₹105 per share to raise ₹168 crore. The issue was subscribed 97.2× overall (QIBs 104.49×, NIIs 222.14×, retail 39.49×). It listed on 3 Jun 2025 at ₹120 and closed its first day at ₹126, a listing gain of +20.0% versus the ₹105 issue price. It now trades around ₹125 (+18.9% versus the issue price).
Frequently asked questions
- How many times was the Prostarm Info Systems Limited IPO subscribed?
- The Prostarm Info Systems Limited IPO was subscribed 97.2× overall — 104.49× in the QIB category, 222.14× among non-institutional investors, 39.49× in retail.
- What were the Prostarm Info Systems Limited IPO listing gains?
- Prostarm Info Systems Limited listed on 3 Jun 2025 at ₹120, closing its first day at ₹126 — a listing gain of +20.0% versus the ₹105 issue price.
- What were the retail allotment odds for the Prostarm Info Systems Limited IPO?
- Retail was subscribed 39.49×, so a single-lot application had roughly a 2.5% chance of allotment (about 1 in 39), and allotment was finalised on 30 May 2025.
- What was the price band and lot size of the Prostarm Info Systems Limited IPO?
- The price band was ₹95–₹105 per share, with a minimum lot of 142 shares (₹14,910 at the upper band).
- Who were the registrar and lead manager for the Prostarm Info Systems Limited IPO?
- KFin Technologies Limite was the registrar, and Choice Capital Advisors was the book-running lead manager.