Prostarm Info Systems IPO is a fixed price issue IPO, aiming to raise ₹168.00 crore. It is an entirely fresh issue of 1.60 crore shares. The bidding window was open from May 27, 2025, to May 29, 2025, with the IPO allotment to be finalised today on May 30, 2025. Prostarm Info Systems is scheduled to list on the NSE SME on Jun 3, 2025.
The IPO was priced in the range of ₹95 – ₹105 per share with a lot size of 142 shares. The public issue received bids for 1,08,27,64,058 shares against 1,12,00,000 shares available, resulting in an overall subscription of 96.68 times. NIIs led the response, subscribing 222.13 times their quota, followed by retail investors at 39.48 times.
● Go to the application status page.
● Select "Equity and SME IPO bids".
● Choose "Prostarm Info Systems" from the Issue Name dropdown.
● Provide your Application Number or PAN.
● Click on Submit.
● Go to the application status page.
● Select "Equity" under the Issue Type.
● Choose "Prostarm Info Systems" from the Issue Name dropdown.
● Provide your Application Number or PAN.
● Click on “I am not a robot” and submit.
● Go to the registrar’s official website.
● Select "Prostarm Info Systems" from the company list.
● Enter your Client ID, Application Number, or PAN.
● Click on Submit.
Prostarm Info Systems's ₹168.00 crore IPO, priced between ₹95 – ₹105 per share, was subscribed 96.68 times overall. The IPO is an entirely fresh issue of 1.60 crore shares. Bidding took place from May 27 to May 29, 2025, with the Prostarm Info Systems IPO allotment status to be finalised today on May 30, 2025. Retail investors subscribed 39.48 and NIIs 222.13 times. Listing is expected on Jun 3, 2025.
The table below breaks down the Prostarm Info Systems 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 |
Anchor Investor Shares Offered | - |
QIB Shares Offered | 32,00,000 (28.57%) |
NII (HNI) Shares Offered | 24,00,000 (21.43%) |
bNII > ₹10L | 16,00,000 (14.29%) |
sNII < ₹10L | 8,00,000 (7.14%) |
Retail Shares Offered | 56,00,000 (50.00%) |
Total Shares Offered | 1,12,00,000 (100%) |
Data Source: NSE
Category | Subscription (times) |
Qualified Institutional Buyers | 102.67 |
Non-Institutional Investors | 222.13 |
bNII (bids above ₹10L) | 249.8 |
sNII (bids below ₹10L) | 166.78 |
Retail Individual Investors | 39.48 |
Total shares | 96.68 |
Note: The subscription details are as of May 29, 2025
Prostarm Info Systems Limited, originally incorporated as Prostar Micronova Power Systems Private Limited in 2008, began its journey by selling and installing batteries and uninterruptible power supply (UPS) systems sourced from third-party vendors.
The company transitioned into a public limited company in 2017 and adopted its current name the same year.
Prostarm is a comprehensive power electronics solutions provider, engaged in the design, manufacturing, assembly, and supply of energy storage and power conditioning equipment.
Its product portfolio includes UPS systems, inverters, lift inverter systems, solar hybrid inverters, lithium-ion battery packs, servo-controlled voltage stabilisers, and isolation transformers.
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: May 30, 2025, 4:49 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and asset management, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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