Prostarm Info Systems Ltd
Registered Office:
Plot No. EL 79 Electronic Zone,TTC MIDC Mahape Navi Mumbai,
Thane
-
400710,
Phone : 022 45280500
Fax : NA
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.
Opens On
Closes On
Application
Allotment
27-May-25
29-May-25
105.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
142
Further Multiples of :
142
(Rs.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
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
Ram Agarwal
Sonu Ram Agarwal
Vikas Shyamsunder Agarwal