Praruh Technologies IPO is a book-built issue of ₹23.50 crore. The issue is entirely a fresh issue of 0.37 crore equity shares aggregating to ₹23.50 crore. The IPO opened for subscription on September 24, 2025, and will close on September 26, 2025, with the allotment expected to be finalised on September 29, 2025. Praruh Technologies is scheduled to list on BSE SME, with a tentative listing date of October 1, 2025.
The IPO price band is set at ₹60.00–₹63.00 per share, with a lot size of 2,000 shares. The public issue received bids for 24,80,000 shares against 12,22,000 shares available, resulting in an overall subscription of 0.49 times. QIBs subscribed 0.34 times their quota, NIIs at 0.66 times and retail investors at 0.51 times.
Praruh Technologies’s ₹23.50 crore IPO, priced at ₹60.00–₹63.00 per share, is entirely a fresh issue of 0.37 crore equity shares aggregating to ₹23.50 crore. Bidding took place from September 24 to September 26, 2025, with the Praruh Technologies IPO allotment expected on September 29, 2025. The IPO has a lot size of 2,000 shares, with retail investors required to apply for a minimum of 4,000 shares (₹2,52,000). Listing is expected on BSE SME on October 1, 2025. Retail investors subscribed 0.51 times and NIIs 0.66 times. Listing is expected on October 1, 2025.
The table below breaks down the Praruh Technologies share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| Market Maker Shares Offered | 1,88,000 (5.04%) |
| QIB Shares Offered | 17,70,000 (47.45%) |
| − Anchor Investor Shares Offered | 10,62,000 (28.47%) |
| − QIB (Ex. Anchor) Shares Offered | 7,08,000 (18.98%) |
| NII (HNI) Shares Offered | 5,32,000 (14.26%) |
| − bNII > ₹10L | 3,44,000 (9.22%) |
| − sNII < ₹10L | 1,88,000 (5.04%) |
| Retail Shares Offered | 12,40,000 (33.24%) |
| Total Shares Offered | 37,30,000 (100.00%) |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 0.34 |
| Non-Institutional Investors | 0.66 |
| Retail Individual Investors | 0.51 |
| Total shares | 0.49 |
Note: The subscription details are as of Sep 26, 2025
Incorporated in 2019, Praruh Technologies Limited is an ICT system integration company and provider of digital transformation solutions.
The company delivers a wide range of services, including hardware, applications, data centers, networking, security, and audio-video solutions. It offers turnkey ICT solutions tailored to specific industries, aligning technology with clients’ business strategies.
Praruh Technologies helps organisations transform their operations and drive growth by providing end-to-end system integration solutions coupled with high-quality service experiences.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 26, 2025, 11:51 AM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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