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    IPO Note | Open

    Prostarm Info Systems Ltd

    01-Jan-1900

    Minimum Investment

    14,910

    Retail Investor can invest upto Rs 0 in IPO
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    Retail Discount

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    Open Date

    27-May-25
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    Close Date

    29-May-25
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    Application Timing

    IPO Details

    • Min Order Quantity
      142
    • Price Range
      95-105
    • Issue Size
      152
    • Face Value
      10
    • Listing at
      BSE
    • IPO Doc
      DRHP PDFpdf - img

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    Lead Manager

    Choice Capital Advisors Pvt Ltd

    About Company

    Infollion Research Services Limited is a tech-oriented marketplace. They are operating in the B2B Human Cloud segment, catering to on-demand contingent hiring and work arrangements with senior management talent, subject matter experts, and high-ranking, seasoned professionals. In this highly dynamic and ever-evolving world, Infollion is providing a platform for workers or knowledge providers (gig workers) and employers or knowledge seekers to connect and find synergetic outcomes The client base of Infollion Research includes top-tier Global Management Consulting firms, Hedge funds, Private Equity funds, and mid-tier Corporates.

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      Parent Organization
    • founded-img
      Founded
    • managing-img
      Managing Director
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      Website
      www.prostarm.com
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      Registered Office
      Plot No. EL 79 Electronic Zone,TTC MIDC Mahape Navi Mumbai,
      Thane,400710,Maharashtra

    IPO Schedule

    Offer Start

    27-May-25

    Offer End

    29-May-25

    Allotment Finalization

    NA

    Refund initiation

    NA

    Demat transfer

    NA

    Listing

    NA

    Key Objective

    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. [*] per equity share (including a securities premium of Rs. [*] per equity share) (issue price) aggregating up to Rs. [*] crores (the issue). The issue will constitute [*] % of the post -issue paid-up equity share capital.

    Price Band: Rs. 95 to Rs. 105 per equity share of the face value of Rs. 10 each.

    The floor price is 9.5 times and the cap price is 10.50 times of the face value of the equity shares.

    Bids can be made for a minimum of 142 equity shares and in multiples of 142 equity shares thereafter.


    Financial Snapshot (Consolidated)

    Financial Year Ended Revenue( Crores) PAT ( Crores) EPS()
    Mar 2024 257.87 23.34 5.32
    Mar 2023 230.36 19.95 4.5
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    Step 3

    Click on “Apply IPO” to enter your bid quantity and UPI id.

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    Step 4

    Go to your UPI application and approve the payment request.

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