Prostarm Info Systems IPO Lists After Strong Investor Demand: The listing of ProStarM Info Systems comes at a time when recent mainboard IPOs have not performed very well on debut. Bidding was open from May 27 to May 29, 2025, and saw a total subscription of 96.68 times. Shares of Prostarm Info Systems Limited will be listed on the stock exchanges on Tuesday, June 3, after receiving strong demand from investors during its public issue.
Prostarm Info Systems IPO Lists After Strong Investor Demand
Postarm Info Systems IPO Listing: The equity shares of power solution products manufacturer Postarm Info Systems are set to make their debut in the Indian stock market today after the recently concluded initial public offering (IPO).
Prostarm Info Systems’ IPO listing date is today, 3 June 2025. The public issue was open from May 27 to May 29, and the IPO allotment was done on May 30. Prostarm Info Systems IPO listing date: 3 June, Tuesday.
The listing of Prostarm Info Systems comes at a time when recent mainboard IPOs have not performed very well on debut. Companies like Leela Hotels (Schloss Bangalore Limited), Aegis Vopak Terminals, Belrise Industries, and Borana Weaves have recently listed, but none of them have seen strong or bumper debuts. The Prostarm Info Systems company’s initial public offering (IPO) was open for bidding from May 27 to May 29, 2025, and saw a total subscription of 96.68 times.
Prostarm Info Systems IPO GMP Today
Prostarm info Systems Shares are showing a positive trend in the unlisted market. According to stock market experts, Prostarm Info Systems’ IPO GMP today is 12 % share.
About the IPO
Prostarm Info Systems’ IPO was a completely fresh issue comprising 1.6 crore shares, with no offer for sale component. The minimum application size was set at 142 shares, requiring a minimum investment of 14,910 from retail investors.
According to Prostar Info Systems` Draft Red Herring Prospectus, the company plans to allocate Rs 72.5 crore from the IPO proceeds towards the repayment of certain outstanding borrowings. Additionally, Rs18 crore is earmarked for funding capital expenditure.
Prostarm Info Systems IPO listing
Shares of Prostarm Info Systems IPO made a strong debut on the bourses on Tuesday, June 3, listing at Rs120 on NSE, a premium of 14.29% over the issue price of Rs105. Meanwhile, on BSE, it debuted at Rs 125, up 19% from the issue price. The IPO, valued at Rs 168 crore, was open for subscription from May 27 to May 29. The IPO concluded on a strong note, receiving bids amounting to 96.68 times the shares on offer over the three-day bidding period. A total of 108.27 crore shares were bid for, compared to the 1.12 crore shares available.
The newly listed stock later made some gains to close in the green at Rs 126.05 apiece on the BSE. This marks a 20 percent rise from the IPO price. At close, the company had a market capitalization of Rs 742 crore, as per BSE.
On NSE, the shares of the inverter-maker were listed at Rs 120 apiece, marking a premium of 14.29 percent over the IPO price. The stock, however, jumped 5 percent on the exchange to get locked in the upper circuit at Rs 126 apiece. This marks a 20 percent rise from the IPO price.
Notably, the listing premium is slightly higher than the grey market estimates. Ahead of listing, the unlisted shares of the company were trading with a grey market premium (GMP) of 11.43 percent over the IPO price of Rs 117 apiece, according to data on Investorgain.
Institutional and Retail Interest Skyrockets
Investor enthusiasm was evident across all categories:
Qualified institutional buyers subscribed 104.49 times. Non-institutional investors showed even greater interest, subscribing 222.14 times. The retail quota saw 39.49 times the subscription. This robust demand underscores the confidence various investor segments have in thee company’s future.
The allotment for the IPO was finalized on Friday, May 30, 2025. Investors who got an allotment will see the shares credited to their demat accounts before the listing date.
According to the latest data, the Grey Market Premium (GMP) for Prostarm Info Systems IPO stood at Rs 12 in the stock market.
Conclusion
In this article we discussed the Prostarm Info Systems IPO Lists After Strong Investor Demand: With the issue price of Rs 105 and GMP of Rs 12, the estimated listing price is around Rs 117. This indicates a possible gain of 11.43% over the issue price, based on grey market expectations.
