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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 : NA
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 (
₹
)
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