
Prostarm Info Systems IPO Upcoming
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About Prostarm Info Systems
Prostarm Info Systems is a technology-driven company specialising in power conditioning and backup solutions. It provides a range of uninterruptible power supply (UPS) systems, solar power solutions, and other energy management products designed to ensure the reliability and efficiency of power infrastructure. Serving clients across industries such as IT, healthcare, education, and manufacturing, the company focuses on delivering dependable, cost-effective solutions tailored to critical operations. With an emphasis on quality, service, and gradual innovation, Prostarm Info Systems operates with a commitment to supporting business continuity and sustainable energy use.
Financials of Prostarm Info Systems
*All figures are in ₹ Crores.
Issue size
Funds Raised in the IPO | Amount |
Overall | Up to ₹[●] Lakh |
Fresh Issue | Fresh Issue of up to 1,60,00,000*Equity Shares of face value ₹10 each aggregating up to ₹[●] Lakh |
Utilisation of proceeds
Purpose | INR crores (%) |
Repayment of outstanding loans | 18 crores |
Working capital requirements | 72.5 crores |
Acquisition of subsidiary | 9 crores |
General corporate purposes | (not above 25% of gross proceeds) |
Strengths
- Broad product range across UPS, inverters, solar, and battery solutions.
- Served 700+ clients, including L&T, Tata Power, and Bajaj Finance.
- Wide distribution network with 22 branches and 478+ dealers.
- Strong financial growth from FY22 to FY24 in revenue and profit.
- ISO-certified manufacturing units ensure quality and standards.
Risks
- All manufacturing units located in Maharashtra, creating location risk.
- Facing regulatory notice under the Customs Act, may impact finances.
- High dependence on key suppliers for raw materials.
- Large working capital needs indicate ongoing funding pressure.
- Competes in a crowded market with strong domestic and global players.