The initial public proposal of Prof. Info Systems Limited, which provides power backup and energy solutions, has opened for Initial Public Offer on 27 May 2025 today i.e. on 27 May 2025. Launched as a fully fresh issue, this will be a means of raising about ₹ 168 crore for the IPO company. The share price has been fixed between ₹ 95 to ₹ 105 per equity shares and this issue will be closed on May 29.

Investment Terms and Listing Timeline

Investors will have to apply in this issue in the lot of 142 shares. If an investor applies at the highest price band at ₹ 105, the minimum investment amount is ₹ 14,910. This IPO book building of Prostarm is coming under the process, and it is expected to be listed on BSE and NSE on 3 June 2025.

The capital raised by the company will be used mainly for meeting the needs of working capital, repaying some current debt, acquisition or expanding schemes and for general corporate purposes. The management of the IPO is with the Choice Capital Advisors and the Registrar KFIN Technologies have been appointed.

The IPO is getting positive response in the market. The non-list premium (GMP) of the prostm IPO in the gray market is running close to ₹ 25, which shows a premium of about 23.8% on the highest price band. This shows that investors are enthusiastic about this issue and the possibility of listing gains also appears.

The company’s financial position and the brokerage firm’s opinion

According to the report of Bajaj Broking, the financial position of Prostarm is strong and the company is considered a good option for long -term investment. In FY23, the company recorded a revenue of ₹ 232 crore, which increased to ₹ 259 crore in FY24. Only in the first nine months of FY25, the company has earned an income of ₹ 270 crore.

Talking about profits, the net profit in FY24 was ₹ 22.80 crore, while in the nine months of FY25, this figure has reached ₹ 22.11 crore. The operating cash flow is also stable and positive. Experts believe that the increasing demand in the energy infrastructure sector and the company’s presence makes it suitable for long -term investment.

Prostarm: What is the company’s business?

Established in 2008, this company specializes in the design and construction of power storage and power conditioning solutions. Its product portfolio includes technical services such as UPS systems, inverters, lithium-ion batteries, voltage stabilizers. Apart from this, the company also works on solar hybrid solutions, reverse logistics, and roof solar EPC projects.

The client list of the company includes many prestigious institutions in India – such as Airports Authority of India, RailTel, and NTPC Power Trade Corporation. Prostarm provides its services in many fields like education, banking, defense, health and IT.