Prostarm Info Systems IPO opened with a bang on May 27, 2025, attracting massive interest from retail and non-institutional investors within hours. With a price band of ₹95–105 per share and a lot size of 142 shares, the ₹168 crore issue was fully subscribed by 12:40 PM on Day 1. Grey market buzz is also strong, with a ₹26 premium suggesting a possible 25% listing gain. With energy solutions gaining momentum in India, this IPO could be the right spark for investors.
Latest GMP : ₹26 Premium Suggests Strong Listing Gains
The grey market premium (GMP) for Prostarm Info Systems is currently hovering around ₹26 per share, which is significant considering the upper price band of ₹105. This indicates a 25% potential listing gain if the premium sustains until debut.
Such steady GMP momentum, especially from day one, suggests strong demand and market confidence. While GMPs are unofficial and speculative, they offer helpful cues for listing expectations.
Also Read: Borana Weaves IPO Lists Strong at 12.5% Premium — Belrise Industries Up Next!
Subscription Snapshot: Retail and HNIs Lead the Charge
As of May 27 (Day 1):
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Overall Subscription: 1.38x
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Retail Investors: 1.82x
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NIIs (High Net-Worth Individuals): 2.18x
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QIBs (Institutional Investors): Just 1%
Retail interest is especially high, thanks to strong fundamentals and attractive listing prospects. QIB bids often pick up toward the final bidding day, which ends on May 29, 2025.
Prostarm also secured ₹50.4 crore from anchor investors, further boosting confidence in the issu
Step-by-Step Guide: How to Apply for Prostarm Info Systems IPO
Here’s a quick and easy guide to apply for the IPO using your demat and UPI:
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Log into your trading platform
Use apps like Zerodha, Upstox, ICICI Direct, etc. -
Find the IPO section
Select ‘Prostarm Info Systems IPO‘ from the current issues list. -
Enter Bid Details
Choose investor type (Retail/NII/QIB), enter lot size (minimum 142 shares), and select the cut-off price for better allotment odds. -
Approve UPI Mandate
You’ll receive a UPI payment request. Approve it via apps like PhonePe or Google Pay. -
Wait for Allotment
Funds are blocked until allotment (May 30). Shares, if allotted, will credit to your demat by June 2.
**Pro Tip: Apply on Day 2 or 3 after checking subscription data—it helps you make a more informed entry.
About the Company: Serving Power Needs for Over 15 Years
Founded in 2008 in Navi Mumbai, Prostarm Info Systems is a manufacturer of energy storage and power conditioning products. Its portfolio includes UPS systems, solar hybrid inverters, lithium-ion batteries, and voltage stabilisers. The company serves over 700 active clients, with 40% associated for more than three years—showing strong retention and trust.
With India’s growing push for green energy and digital infrastructure, the firm stands well-positioned for consistent demand. Their clean energy-focused offerings also align with national energy policies.
Know more about Prostarm Info Systmes IPO- price band, key details & financials
Key IPO Dates to Remember
| Event | Date |
|---|---|
| IPO Open | May 27, 2025 |
| IPO Close | May 29, 2025 |
| Allotment Finalisation | May 30, 2025 |
| Refunds Processed | June 2, 2025 |
| Shares in Demat | June 2, 2025 |
| Listing on BSE/NSE | June 3, 2025 |
Also Read: The Leela Hotels IPO
Final Thoughts: Is Prostarm Info Systems IPO Worth Subscribing?
If you’re seeking medium to long-term exposure in India’s clean energy and power backup space, Prostarm Info Systems looks compelling. The strong early subscription, stable GMP, and solid financials make it a worthy contender for your IPO watchlist.
Still, apply with your risk appetite in mind and keep an eye on Day 3 institutional demand before you place that bid!
Disclaimer: The views and investment insights provided here are based on publicly available information and do not constitute financial advice. Readers are advised to conduct their own research or consult certified financial experts before making investment decisions.
