IPO Details

Bidding Dates

26 Jun '25 - 30 Jun '25

Minimum Investment

₹1,39,200 / 1 Lot (1600 Shares)

Price Range

₹82 – ₹87

Maximum Investment

₹1,39,200 / 1 Lot (1600 Shares)

Retail Discount

To be announced

Issue Size

₹40.30 Cr

Investor category and sub category

To be announced

PRO FX Tech IPO Important Dates

Important dates with respect to IPO allotment and listing

Opening Date

Jun 26, 25

Closing Date

Jun 30, 25

Basis of Allotment

Jul 01, 25

Initiation of Refunds

Jul 02, 25

IPO Listing Date

Jul 03, 25

PRO FX Tech IPO Subscription Details

DateQIBNIIRetailTotal

Day 1Jun 25, 2025

 0.00 0.01 0.01 0.01

About PRO FX Tech IPO

PRO FX Tech IPO is a book-built issue worth ₹40.30 crore. The IPO consists entirely of a fresh issue of 46.32 lakh equity shares. The IPO opens for subscription on June 26, 2025, and closes on June 30, 2025. The allotment is expected to be finalised on July 1, 2025, with tentative listing on NSE SME scheduled for July 3, 2025.

The IPO is priced in a band of ₹82 – ₹87 per share. Retail investors must apply for a minimum of 1 lot comprising 1,600 shares, requiring an investment of ₹1,39,200 at the cutoff price. HNI investors must apply for a minimum of 2 lots (3,200 shares), amounting to ₹2,78,400.

Hem Securities Limited is the book-running lead manager to the issue, and Cameo Corporate Services Limited is the registrar. Hem Finlease Private Limited is acting as the market maker for the IPO.

For detailed information on company financials, business operations, and associated risks, investors are advised to refer to the PRO FX Tech IPO RHP.

Industry Outlook

  1. India’s audio-visual (AV) and home automation industry is experiencing a period of robust expansion, fuelled by rising urbanisation, increasing disposable incomes, and a growing appetite for premium lifestyle solutions. The sector is being shaped by a shift in consumer behaviour towards immersive entertainment experiences and smart living environments, particularly in metropolitan and Tier-I cities.
  2. The proliferation of smart homes and integrated AV systems is being accelerated by government initiatives such as Digital India and Make in India, which are fostering innovation and encouraging domestic manufacturing. With a compound annual growth rate (CAGR) exceeding 16%, the home automation segment, comprising smart lighting, HVAC control, and security systems, is emerging as a key driver of growth within the broader AV ecosystem.
  3. India’s AV market is characterised by a blend of global and domestic players. International brands such as Denon, KEF, JBL, and Polk continue to dominate the high-end segment, offering cutting-edge technology and superior acoustics. Simultaneously, Indian companies are gaining ground by offering cost-effective, locally adapted solutions, often in partnership with global manufacturers.
  4. The competitive landscape remains fragmented yet dynamic, with differentiation hinging on product quality, technological innovation, and customer-centric service delivery. System integrators and solution providers play a pivotal role in tailoring AV and automation solutions to individual client needs, ensuring seamless integration and long-term reliability.

PRO FX Tech IPO Objectives

The company proposes to utilise the net proceeds from the IPO for the following objectives:

  1. Repay a portion of existing borrowings to strengthen the company’s balance sheet and reduce interest obligations. This will enhance financial flexibility and support future expansion initiatives.
  2. Establish three new showroom-cum-experience centres in Delhi, Kochi, and Chennai. This includes interior fit-outs, acoustic treatments, and the procurement of high-end display stock to showcase premium audio-visual and home automation solutions, thereby expanding the company’s retail footprint and customer engagement capabilities.
  3. Augment working capital reserves to support the company’s growing operations, including inventory procurement, dealer support, and fulfilment of increasing demand across its distribution, retail, and corporate solution segments.
  4. Support general corporate purposes, including brand development, administrative overheads, and strategic initiatives aimed at reinforcing the company’s market presence and operational resilience.

About PRO FX Tech Limited

PRO FX Tech Limited was originally incorporated as Advanced Audio Solutions (Bangalore) Private Limited on 8 November 2006 under the Companies Act, 1956. The company was renamed PRO FX Tech Private Limited on 17 June 2014 and subsequently converted into a public limited company as PRO FX Tech Limited on 13 June 2024.

The company specialises in the distribution of high-end audio-visual (AV) products and the design and implementation of bespoke AV solutions. Its offerings include amplifiers, processors, turntables, wireless streamers, speakers, subwoofers, sound bars, and cables. In addition to product distribution, PRO FX Tech provides tailored AV installations for home theatres, premium home automation systems, multi-room audio setups, and corporate environments.

PRO FX Tech has established strategic partnerships with globally recognised brands such as Denon, Polk, KEF, JBL, Theory Audio Design, and Pro Audio Technology, enabling it to deliver cutting-edge AV solutions across India. The company operates through a network of showrooms, experience centres, and franchised service outlets, with its corporate and registered offices located in Bangalore, Karnataka.

The company’s operations are focused within India, with a growing presence in key urban centres. Its expansion strategy includes the launch of new showroom-cum-experience centres in Delhi, Kochi, and Chennai, aimed at enhancing customer engagement and brand visibility.

How To Check the Allotment Status of the PRO FX Tech IPO?

Steps to check IPO allotment status on Angel One’s app:

  1. Log in to the Angel One app.
  2. Go to the IPO Section and then to IPO Orders.
  3. Select the individual IPO that you had applied for and check the allotment status.
  4. Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for PRO FX Tech IPO Online?

  1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
  2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
  3. Select IPO: Find and select the PRO FX Tech IPO from the list of open IPOs.
  4. Enter the Lot Size: Specify the number of lots you want to bid for.
  5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
  6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of PRO FX Tech IPO

Registered Office: PROFX Global Theatre, Ground Floor, 84, Barton Centre, M. G. Road, Bangalore – 560001, Karnataka, India

Phone: +91 8041122539
E-mail: info@profx.com

PRO FX Tech 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 (HNI) Shares Offered

Not less than 15% of the Net Issue

PRO FX Tech IPO Lot Size

Application

Lots

Shares

Amount

Retail (Min)

1

1600

₹1,39,200

Retail (Max)

1

1600

₹1,39,200

HNI (Min)

2

3200

₹2,78,400

PRO FX Tech IPO Promoter Holding

The promoters of the company are Manmohan Ganesh and Shreya Nambiar.

Share Holding Pre-Issue

68.40%

Share Holding Post Issue

50.30%

Key Performance Indicators for PRO FX Tech IPO

The market capitalisation of PRO FX Tech IPO is ₹152.28 Cr. Here are the KPIs of PRO FX Tech:

KPI

Value

EBITDA Margin (%)

13.19

PAT Margin (%)

9.41

Return on Equity (RoE) (%)

39.71

Return on Capital Employed (RoCE) (%)

43.58

PRO FX Tech IPO Prospectus

PRO FX Tech IPO Registrar and Lead Managers

PRO FX Tech IPO Lead Managers

  • Hem Securities Limited

Registrar for PRO FX Tech IPO

Cameo Corporate Services Limited

PRO FX Tech IPO Registrar

Financial Performance of PRO FX Tech Limited

Particulars Year ending on March 31, 2025 Year ending on March 31, 2024 Year ending on March 31, 2023
Revenue from Operations (₹ Lakh) 12,937.54 11,047.73 9,578.39
EBITDA Margin (%) 13.19 13.01 10.55
PAT Margin (%) 9.41 8.51 6.60
Return on Equity (RoE) (%) 39.71 47.07 53.79
Return on Capital Employed (RoCE) (%) 43.58 45.55 52.73
Net Worth (₹ Lakh) 3,691.16 2,471.90 1,537.46

Know before investing

Strengths

8

  1. Exclusive distribution rights with global AV brands like Denon, KEF, JBL, and Polk.

  2. Offers high-end AV equipment and customised automation solutions for homes and corporates.

  3. Consistent increase in revenue and profit over the last three financial years.

  4. Operational footprint through showrooms, experience centres, and dealer networks across major cities.

  5. Planned launch of new showrooms in Delhi, Kochi, and Chennai to boost market reach.

  6. Growing consumer interest in home automation and immersive AV experiences.

  7. Benefiting from initiatives like Digital India and Make in India.

  8. Scope to scale retail and experience-driven sales channels across urban India.

Risks

8

  1. Termination or non-renewal of distribution agreements may disrupt operations.

  2. High working capital needs and risk of unsold or obsolete stock.

  3. Heavy reliance on AV distribution may affect resilience.

  4. Delays or lapses in statutory approvals could impact business continuity.

  5. Ongoing legal proceedings may affect financial stability.

  6. Rapid AV tech changes may render products outdated.

  7. Intense competition from domestic and international brands.

  8. Heavy import reliance exposes the company to currency fluctuations.

  • How to Apply in IPO
  • How to Check IPO Allotment Status
Play Button

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Play Button

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

PRO FX Tech IPO FAQs

What is the PRO FX Tech IPO?

PRO FX Tech IPO is a book-built issue IPO. It will be open from June 26, 2025, to June 30, 2025. 

When will the PRO FX Tech IPO be allotted?

The Basis of Allotment will happen on Tuesday, July 1, 2025.  

When will the PRO FX Tech IPO open for subscription?

The IPO subscription window will open on June 26, 2025. 

What minimum lot size can retail investors subscribe to?

The minimum lot size retail investors can subscribe to is 1 lot, and the lot size is 1600 shares. 

When will PRO FX Tech Limited list on exchanges?

The listing date for PRO FX Tech Limited is Thursday, June 24, 2025. 

What is the issue size of the PRO FX Tech IPO?

The issue size of the PRO FX Tech IPO is up to ₹40.30 crores, consisting of a fresh issue of 46.32 lakh shares. 

What are the open and close dates of the PRO FX Tech IPO?

The open and close dates for PRO FX Tech IPO are from June 26, 2025, to June 30, 2025. 

Who is the registrar of PRO FX Tech IPO?

Cameo Corporate Services Limited is the registrar responsible for managing the IPO allotment process and handling investor queries. 

Where is the PRO FX Tech IPO getting listed?

PRO FX Tech Limited IPO is proposed to be listed on the SME platform of the National Stock Exchange (NSE). 

What would be the listing gains on the PRO FX Tech IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange.  

How to increase your chances of getting a PRO FX Tech IPO allotment?

  1. Multiple Submissions: Use different Demat accounts to make multiple applications.
  2. Higher Price Band Bidding: Opt for bidding at the cut-off price or higher price band.
  3. Timely Subscription: Ensure you subscribe to the IPO within the specified time frame.

How do I approve the UPI mandate request for the PRO FX Tech IPO?

You must complete the payment process by logging in to your UPI handle and approving the payment mandate. 

Can I submit more than one application for the public issue of PRO FX Tech Limited using one PAN?

You can submit only one application using your PAN card. 

How to read PRO FX Tech Limited's financial statements?

To read PRO FX Tech ‘s financial statements, download the IPO’s RHP document. 

What is 'pre-apply' for PRO FX Tech Limited IPO?

Pre-apply allows investors to apply for the PRO FX Tech IPO two days before the subscription period opens, ensuring an early submission of your application. 

If I pre-apply for the PRO FX Tech Limited IPO, when will my order get placed?

Your order will be placed when the IPO opens for bidding, and a UPI request will follow within 24 hours. 

When will I know if my PRO FX Tech Limited IPO order is placed?

You will receive a notification once your order is successfully placed with the exchange after the bidding starts.