Prostarm Info Systems made its highly anticipated market debut. The power solutions manufacturer is now officially listed on the BSE and NSE, following an Initial Public Offering (IPO).
IPO Launch Date: May 27–29, 2025
Issue Size: ₹168 Crore
Shares Offered: 1.6 crore equity shares
Issue Price: ₹105 per share
Subscription: The IPO was 97.20 times over-subscribed.
Retail Investor Subscription: 39.49 times
Non-Institutional Investors (NII): 222.14 times
Qualified Institutional Buyers (QIB): 104.49 times
As reported by MoneyControl, Analysts, including Gaurav Garg from Lemonn Markets Desk, noted the strong interest and the likelihood of a premium debut, with the expected listing price of ₹115 to ₹117.
Prostarm shares will initially be part of the trade-for-trade segment, which is a mechanism designed to curb excessive volatility by mandating that every trade must be settled on the same day. This is a common practice for newly listed shares to ensure smoother price discovery.
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Sources
Moneycontrol — https://www.moneycontrol.com/news/business/ipo/decent-market-debut-prostarm-info-systems-shares-list-at-19-premium-over-ipo-price-on-bse-13089190.html
The Prostarm Info Systems IPO was open from May 27 to May 29, 2025, with an issue price of ₹105 per share.
The IPO had an issue size of ₹168 crore, with approximately 1.6 crore equity shares offered to investors.
The IPO was subscribed 97.20 times overall, with strong participation from retail investors, NIIs and qualified institutional buyers.
Analysts had expected the shares to list around ₹115–₹117 based on the strong subscription and market interest.
Prostarm Info Systems is listed on both the BSE and NSE following its IPO.