| Prostarm Info Systems Ltd |
|---|
| Registered Office: Plot No. EL 79 Electronic Zone, TTC MIDC Mahape Navi Mumbai, Thane - 400710, Maharashtra |
| Phone: 022 45280500 |
| 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.<br /> <br /> 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.<br /> <br /> * Subject to finalization of basis of allotment. <br /> <br /> <br style="font-size: 13.3333px;" /> |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 27-May-2025 | 29-May-2025 | ₹ 105.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 142.0 Further Multiples of : 142.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 144.94 | Choice Capital Advisors Pvt Ltd |
| Project Financed through Current Offer | 168.00 | |
| Post Issue Equity Share Capital | 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 |
|---|
