IPO Synopsis

Prostarm Info Systems Ltd

Registered Office: Plot No. EL 79 Electronic Zone,TTC MIDC Mahape Navi Mumbai, Thane - 400710, Maharashtra, India. Phone : 022 45280500   Fax: Email : cs@prostarm.com Website :www.prostarm.com

Initial public offering of up to 1,60,00,000* equity shares of face value of Rs. 10/- each ("Equity Shares") of Prostarm Info Systems Limited ("the Company" or the "Issuer") for cash at a price of Rs. 105/- per equity share (Including a Securities Premium of Rs. 95/- per Equity Share) ("Issue Price") Aggregating up to Rs. 168.00 crores ("the Issue"). The issue will constitute 27.18% of the post-issue paid-up equity share capital.   The face value of the equity shares is Rs. 10/- each and the issue price is 10.5 times the face value of the equity shares.   * Subject to finalization of basis of allotment.  Issue Opens On Closes On 27-May-25 29-May-25 Money Payable On Application Allotment 105.00 0.00 Minimum Application for shares in Nos : 142 Further Multiples of : 142 Cr Lead Managers to the Issue Project Cost (.Cr) 144.94 Choice Capital Advisors Pvt Ltd Project Financed through Current Offer (.Cr) 168.00   Post Issue Equity Share Capital (.Cr) 58.87 Issue Price () 105.00

Projects

Funding working capital requirements of the company Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company Acquisition of further stake of its subsidiary to make it a wholly owned subsidiary General corporate purposes

Promoted By

Ram Agarwal

Sonu Ram Agarwal

Vikas Shyamsunder Agarwal

Listing At

BSE

NSE

Registrar to the Issue

No Data Available