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Prostarm Info Systems Ltd

Prostarm Info Systems Ltd

    Registered Office : Plot No. EL 79 Electronic Zone,TTC MIDC Mahape Navi Mumbai,Thane Maharashtra 400710 Phone : 022 45280500
    Fax :

    Email : cs@prostarm.com

    Website : www.prostarm.com

Initial public offering of up to 1,60,00,000* equity shares of face value of Rs. 10/- each ("Equity Shares") of Prostarm Info Systems Limited ("the Company" or the "Issuer") for cash at a price of Rs. 105/- per equity share (Including a Securities Premium of Rs. 95/- per Equity Share) ("Issue Price") Aggregating up to Rs. 168.00 crores ("the Issue"). The issue will constitute 27.18% of the post-issue paid-up equity share capital.<br /> &nbsp; <br /> The face value of the equity shares is Rs. 10/- each and the issue price is 10.5 times the face value of the equity shares.<br /> &nbsp; <br /> * Subject to finalization of basis of allotment.&nbsp;<br /> <br /> <br style="font-size: 13.3333px;" />

Issue

Opens On

Closes On

27-May-2025

29-May-2025

Money Payable On

Application

Allotment

105.00

0.00

Minimum Application for shares in Nos : 142.0 Further Multiples of : 142.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

144.94

168.00

58.87

105.00

Choice Capital Advisors Pvt Ltd

Projects
  • Funding working capital requirements of the company
  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
  • Acquisition of further stake of its subsidiary to make it a wholly owned subsidiary
  • General corporate purposes
Promoted By
  • Ram Agarwal
  • Sonu Ram Agarwal
  • Vikas Shyamsunder Agarwal
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • KFin Techologies Ltd