Prostarm Info Systems Ltd.
Industry:
Electric Equipment
Issue Details
Open Date
27 May 2025Close Date
29 May 2025Size (in Crs.)
106.40 - 117.60
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-10Lot Size
142
Type
Book building
Face Value
10
Market Lot
1
Objective of the Issue
1. Funding working capital requirements of our Company;2. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company; and3. Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and General Corporate Purposes
Description
We are engaged in designing, manufacturing, assembling, sale, service and supply of Energy Storage Equipment and Power Conditioning Equipment (“Power Solution Products”) in India. Our manufactured Power Solution Products comprise of UPS system, inverter system, lift inverter system, solar hybrid inverter systems, lithium-ion battery packs, servo-controlled voltage stabilisers (“SCVS”), isolation transformers and other power solution products. We offer both customized and standard products and solutions, manufa... Show More
Address
Plot No. E L-79, Electronic Zone , T T C, M I D C, Mahape , Navi Mumbai
Thane
400701
Promoter Holding
Promoters:
Ram Agarwal, Sonu Ram Agarwal, Vikas Shyamsunder Agarwal
Total Share Capital
42874592
Offered to Public
16000000
% Promoter's Holding (Pre-Issue)
100
% Promoter's Holding (Post-Issue)
-
Shares on offer
Total Share Offer
42874592
Of above offred to public
16000000
Post Issue shares
NA
Post Issue Promoters
-
Lead Managers to the Issue:
Choice Capital Advisors Pvt Ltd
Registrar Details
Registrar Name:
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Address
Karvy Selenium Tower B, Plot 31-32 , Gachibowli,Financial District , Nanakramguda , Hyderabad
500032