
PRO FX Tech IPO Upcoming
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Schedule of PRO FX Tech
Issue open date | 26 Jun 2025 |
Issue close date | 30 Jun 2025 |
UPI mandate deadline | 30 Jun 2025 (5 PM) |
Allotment finalization | 01 Jul 2025 |
Refund initiation | 02 Jul 2025 |
Share credit | 02 Jul 2025 |
Listing date | 03 Jul 2025 |
Mandate end date | 15 Jul 2025 |
Lock-in end date for anchor investors (50%) | 31 Jul 2025 |
Lock-in end date for anchor investors (remaining) | 29 Sep 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About PRO FX Tech
Founded in 2006, PRO FX Tech Ltd is a Bangalore-based AV solutions provider offering premium audio-video and automation products from global brands like Denon, KEF, JBL, and Crestron. It operates six showrooms and two experience centers across five cities and serves both luxury homes and corporate clients. With a 15,000 sq. ft. warehouse, 28 service centers, and a strong dealer network, the company delivers end-to-end AV setups for homes, offices, hospitality, education, and more.
Financials of PRO FX Tech
Issue size
Funds Raised in the IPO | Amount |
Overall | ₹40.30 crores |
Utilisation of proceeds
Purpose | INR crores (%) |
Repayment of a portion of certain borrowing availed by the company | 1.5 (3.72%) |
Funding capital expenditure towards setting-up of 3 new showroom-cum-experience centres | 7.47 (18.54%) |
Working Capital requirements | 19 (47.25%) |
Strengths
- Extensive India-wide distribution and retail network offering top brands and integrated audio-visual solutions.
- A robust network of 28 service centers ensures premium support and maintains product quality.
- As of March 31, 2025, a skilled team of 117 employees, including sales and technical professionals, drives customer engagement and business growth across India.
- A dedicated in-house marketing team employs press releases, social media, trade shows, and digital platforms to boost brand visibility and actively engage customers.
- The company has experienced promoters and management team with over 20 years driving growth, strategy, and operations in the AV industry.
Risks
- Reliance on suppliers may disrupt operations or impact margins if quality drops or costs rise.
- Loss or non-renewal of key distribution agreements with global AV brands could severely impact business continuity and future performance.
- Heavy reliance on third-party suppliers for finished AV products, without firm commitments, exposes the company to supply disruptions, price volatility, and margin pressure.
- The company relies on rented premises, and any non-renewal or disputes could disrupt operations and impact financial performance.
- Heavy reliance on AV product distribution (over 70% of revenue) exposes the company to demand shifts, tech disruptions, and supply chain risks.
- High working capital requirements, coupled with reliance on borrowings and delayed customer payments, may strain liquidity and adversely impact financial performance.
- Intense and fast-changing competition may impact growth, pricing, and profitability if the company fails to adapt swiftly.
- Over 25% of revenue is derived from the top 10 customers, exposing the company to concentration risk and potential revenue loss.
Allotment Status for PRO FX Tech
To check your allotment status – click here.