IPO Details
Bidding Dates
24 Sep '25 - 26 Sep '25
Minimum Investment
₹2,52,000/ 2 Lots (4000 Shares)
Price Range
₹60 to ₹63
Maximum Investment
₹2,52,000/ 2 Lots (4000 Shares)
Retail Discount
To be announced
Issue Size
₹23.50 Cr
Investor category and sub category
Retail Individual Investors (RII) | Non-institutional Investors (NII) | Qualified Institutional Buyers (QIB) |Praruh Technologies IPO Important Dates
Important dates with respect to IPO allotment and listing
IPO Opening Date
Sep 24, 25
IPO Closing Date
Sep 26, 25
Basis of Allotment
Sep 29, 25
Initiation of Refunds
Sep 30, 25
IPO Listing Date
Oct 01, 25
Praruh Technologies IPO Subscription Details
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
|
Day 1Sep 23, 2025 |
0.00 | 0.00 | 0.01 | 0.00 |
About Praruh Technologies
Praruh Technologies IPO is a book build issue of ₹23.50 crores. The issue is entirely a fresh issue of 0.37 crore shares of ₹23.50 crore.
The IPO opens for subscription on September 24, 2025 to September 26, 2025.
The basis of allotment is expected to be finalised on September 29, 2025. The shares are proposed to be listed on the BSE SME, with a tentative listing date of October 1, 2025. The issue price for Praruh Technologies IPO has been fixed at ₹60 to ₹63 per share.
The lot size is set at 2000 shares. A retail investor is required to make a minimum investment of ₹2,52,000 for 4000 shares. For High Net-worth Individuals (HNIs), the minimum application is for 3 lots or 6000 shares, amounting to ₹3,78,000.
Corporate Makers Capital Ltd is the book running lead manager, and Maashitla Securities Pvt Ltd is the registrar of the issue. Refer to Praruh Technologies IPO RHP for complete details.
Praruh Technologies IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- Upto ₹63.30 crore will be allocated for the pre-payment or scheduled repayment of certain outstanding borrowings availed by the company.
- Upto ₹10.00 crore will be used for unidentified acquisitions within India.
- Upto ₹110.00 crore will be utilised to fund the company’s working capital requirements.
- The balance amount will be used for general corporate purposes.
About Praruh Technologies Limited
Praruh Technologies Limited is an ICT system integration firm focused on transforming businesses and driving growth through comprehensive technology solutions. The company offers a wide range of services, including hardware, applications, data centre, networking, storage, security, audio-video integration, and collaboration solutions.
By providing turnkey solutions and leveraging best practices in ICT systems and infrastructure, Praruh addresses the diverse needs of various industries and organizations, ensuring that each solution is effective and aligned with the client’s business strategy.
What sets Praruh apart is its consulting-led approach, which combines deep technical expertise with a strong focus on service delivery. The company has made significant investments in developing technical capabilities, support infrastructure, and engineering services, enabling it to manage complex IT projects with precision. This expertise is particularly evident in data center consolidation projects and similar initiatives, where Praruh’s proficiency proves invaluable.
Service quality is a cornerstone of Praruh’s operations. The company employs a highly certified and trained team of consulting, sales, and services professionals who provide 24/7 support, ensuring that IT challenges are addressed promptly and effectively. This commitment to service excellence has earned Praruh a strong reputation across both private and public sectors, with its turnkey solutions consistently delivering maximum value and satisfaction.
In an era driven by data innovation, Praruh stays at the forefront by integrating advanced technologies such as machine learning and artificial intelligence into its offerings. This forward-looking approach, combined with robust hardware configurations, seamless networking, and secure storage solutions, equips businesses with a reliable foundation to build upon and adapt to the evolving technological landscape.
The company has strategically designed a robust revenue model to maintain financial health and foster growth in the competitive IT industry. Its primary revenue stream comes from the sale of services, supported by an experienced and established management team.
Industry Outlook
- The global IT market reached USD 1,532 billion in 2023, growing at a CAGR of 8.8% since 2019, driven by increased demand for operational resilience, digital transformation, and cloud adoption.
- Regional dominance in 2023 was led by North America (34.9%), followed by Asia-Pacific (31.7%) and Europe (22.3%), reflecting widespread technology adoption and investment in AI, data, and modern ERP systems.
- In India, the computer software and hardware sector attracted significant FDI, with inflows of USD 26,145 million in FY21, followed by USD 9,394 million in FY23 and USD 7,973 million in FY24.
How To Apply for the Praruh Technologies IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Praruh Technologies IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
How To Check the Allotment Status of Praruh Technologies IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Contact Details of Praruh Technologies Limited
Registered office: A-58, Sector -6, NOIDA, Gautam Budh Nagar, Uttar Pradesh – 201301
Phone: +911203583845
E-mail: compliance@praruh.in
Praruh Technologies IPO Reservation
|
Investor Category |
Shares Offered |
|
QIB Shares Offered |
Not more than 50% of the Net Issue |
|
Retail Shares Offered |
Not less than 35% of the Net Issue |
|
NII Shares Offered |
Not less than 15% of the Net Issue |
Praruh Technologies IPO Lot Size Details
|
Application |
Lots |
Shares |
Amount |
|
Individual investors (Retail) (Min) |
2 |
4,000 |
₹2,52,000 |
|
Individual investors (Retail) (Max) |
2 |
4,000 |
₹2,52,000 |
|
HNI (Min) |
3 |
6,000 |
₹3,78,000 |
Praruh Technologies IPO Promoter Holding
Mr. Vishal Prakash, Mr. Amar Deep Sharma, and Mr. Rahul are the promoters of the company
|
Share Holding Pre-Issue |
100% |
|
Share Holding Post Issue |
Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.
Key Performance Indicators for Praruh Technologies IPO
|
KPI |
Value |
|
RoCE (%) |
53.62 |
|
RoNW (%) |
46.08 |
|
PAT Margin (%) |
10.96 |
|
EBITDA Margin (%) |
16.92% |
Praruh Technologies IPO Prospectus
Praruh Technologies IPO Registrar and Lead Managers
Praruh Technologies IPO Lead Managers
- Corporate Makers Capital Ltd
Registrar for Praruh Technologies IPO
Maashitla Securities Pvt Ltd
- Phone: +91-11-45121795-96
- Email: rta@maashitla.com
- Website: https://maashitla.com/allotment-status/public-issues
Financial Performance of Praruh Technologies Limited
| Particulars | Year ending on Mar 31, 2025 | Year ending on Mar 31, 2024 | Year ending on Mar 31, 2023 |
|---|---|---|---|
| Revenue from Operations (₹ lakh) | 6,188.60 | 6,143.82 | 2,796.70 |
| EBITDA (₹ lakh) | 1,047.31 | 987.68 | 301.88 |
| ROCE (%) | 53.62 | 89.41 | 80.84 |
| Current Ratio | 1.02 | 1.01 | 1.20 |
| Operating Cash Flow (₹ lakh) | 432.29 | 263.44 | 110.08 |
| Profit After Tax (₹ lakh) | 678.50 | 649.72 | 217.56 |
| Net Worth (₹ lakh) | 1,811.98 | 1,133.08 | 482.99 |
Know before investing
Strengths
8-
Praruh has successfully delivered IT projects for high-profile clients such as Delhi Metro Rail Corporation and Airport Authority of India, demonstrating reliability and expertise.
-
The company maintains rigorous quality checks and inspections at every stage of service delivery, ensuring high standards and customer satisfaction.
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With clients across railways, manufacturing, defense, and government sectors, Praruh reduces dependency on any single industry, enhancing financial stability.
-
The promoters have decades of IT industry experience, supported by a skilled team with technical, operational, and business development expertise.
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Praruh designs customised solutions aligned with client objectives, driving efficiency, scalability, and measurable business outcomes.
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The company fosters long-term, mutually beneficial relationships with suppliers, customers, and employees, enhancing operational efficiency, loyalty, and sustainable growth.
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Continuous process reviews, technology upgrades, and resource management help reduce costs, increase profitability, and optimise utilisation.
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Praruh emphasises transparency, coordination, and leveraging market skills and relationships to expand its client base, generate stable revenues, and enhance customer engagement.
Risks
8-
A substantial portion of revenue depends on a few major clients, and the loss of any could materially impact business operations and profitability.
-
The company’s growth and financial performance rely on securing new contracts, with no assurance of successfully obtaining them in the future.
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Competitive bidding, especially with public sector entities, poses risks as bids may be rejected due to stronger competitors or failure to meet technical and financial qualification criteria.
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Tender awards depend on technical ability, financial strength, and price competitiveness, and there is no guarantee that submitted bids will result in contract awards.
-
Dependence on third-party suppliers without firm or exclusive arrangements exposes the company to supply disruptions, which could adversely affect operations.
-
The company is involved in ongoing tax proceedings, and any adverse outcomes, such as penalties or additional assessments, could materially affect its financial condition.
-
Long-term and short-term borrowings, along with charges on movable and immovable assets, create financial risk; defaults on repayment could negatively impact operations.
-
The company incurs significant non-reimbursable costs in bid preparation, and unsuccessful bids could lead to financial strain and reduced profitability.
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Praruh Technologies Limited Peer Comparison
| Company | Basic EPS (₹) | P/E Ratio | Return on Net Worth (%) |
|---|---|---|---|
| Praruh Technologies Limited | 6.65 | NA | 46.08 |
| Esconet Technologies Limited | 6.11 | 34.39 | 15.23 |
| E2E Networks Limited | 27.21 | 110.85 | 5.71 |
Praruh Technologies IPO FAQs
Praruh Technologies IPO is a book build issue IPO. It runs from September 24, 2025, to September 26, 2025.
The Basis of Allotment will happen on Monday, September 29, 2025.
The IPO subscription window will open on September 24, 2025.
The minimum lot size retail investors can subscribe to is 2 lots, and the lot size is 2000 shares.
The listing date for Praruh Technologies IPO is Wednesday, October 1, 2025.
The issue size of the Praruh Technologies IPO is ₹23.50 crore.
The open and close dates for Praruh Technologies IPO are from September 24, 2025, to September 26, 2025.
Listing gains cannot be ascertained before the listing of the IPO on the stock exchange.
You will receive a notification once your order is successfully placed with the exchange after the bidding starts.
Maashitla Securities Pvt Ltd is the registrar responsible for managing the IPO allotment process and handling investor queries.
The Praruh Technologies IPO is proposed to be listed on the SME platform of the Bombay Stock Exchange (BSE).
- Multiple Submissions: Use different Demat accounts to make multiple applications.
- Higher Price Band Bidding: Opt for bidding at the cut-off price or higher price band.
- Timely Subscription: Ensure you subscribe to the IPO within the specified time frame.
You must complete the payment process by logging in to your UPI handle and approving the payment mandate.
You can submit only one application using your PAN card.
To read Praruh Technologies Limited’s financial statements, download the IPO’s RHP document.
Pre-apply allows investors to apply for the Praruh Technologies IPO two days before the subscription period opens, ensuring an early submission of your application.
Your order will be placed when the IPO opens for bidding, and a UPI request will follow within 24 hours.
