Prostarm Info Systems Gets ₹50.4 Crore from Big Investors Before IPO Opens

Prostarm Info Systems, a company that makes power backup products like UPS and inverters, has raised ₹50.4 crore from big investors just before its IPO (Initial Public Offering) opens for the public. These investors, called “anchor investors,” usually get early access to buy shares before everyone else. Their interest usually shows that the IPO might do well.

What Does Prostarm Info Systems Do?

Prostarm is based in Navi Mumbai and started in 2008. The company makes products that help people and businesses avoid power cuts. This includes things like:

• UPS systems (uninterrupted power supply)

• Inverters

• Solar-powered systems

• Voltage stabilizers

• Battery packs

They also help set up rooftop solar panels for offices and factories. Their products are used in many places like hospitals, banks, schools, airports, and even the defense sector.

They have three factories in Maharashtra and serve more than 700 clients, including well-known companies like Tata Power, Bajaj Finance, and L&T.

IPO Details in Simple Terms

Here’s what you need to know if you’re thinking about the IPO:

• The IPO opens from May 27 to May 29, 2025.

• The share price is between ₹95 and ₹105 per share.

• You need to apply for at least 142 shares, which will cost about ₹13,390 if you go with the highest price.

• The shares will be listed on both the BSE and NSE after the IPO ends.

What Will Prostarm Do With the Money?

The money collected from the IPO will be used to:

• Support daily business expenses (called working capital)

• Pay off some of the company’s loans

• Invest in new opportunities and grow faster

• Take care of general company needs

This is a good sign because it shows the company is planning to grow and become even stronger financially.

How is the Company Doing?

Prostarm made a revenue of about ₹258 crore in the last financial year (2024), which is 12% more than the previous year. Their profit also went up by 18%, reaching ₹22.8 crore. So, the company is not only growing but also making more money — something investors always like to see.

Why Anchor Investors Matter

Anchor investors are usually large financial institutions like mutual funds or insurance companies. When they put money into an IPO before it opens to the public, it sends a strong message that they trust the company. In Prostarm’s case, these investors put in ₹50.4 crore, which shows solid interest.

What’s Next?

Now that the IPO is about to open, retail investors (everyday people like you and me) can apply for shares between May 27 and May 29. After that, the company’s shares will officially be listed on the stock exchanges — most likely in early June.