Prostarm Info Systems Makes a Strong Stock Market Debut.

What happened? Prostarm Info Systems got listed on the stock market today (June 3, 2025) and made an impressive start. • NSE Listing Price: ₹120/share → 14.29% higher than the issue price of ₹105 • BSE Listing Price: ₹125/share → 19.05% premium • Grey Market was expecting ₹117 → Actual listing beat those estimates. IPO Highlights: • IPO Price Band: ₹95 to ₹105 • Issue Size: 16 million fresh equity shares • IPO Dates: May 27 to May 29 • Allotment Finalized: May 30 • Shares Credited: June 2 What Does Prostarm Do? Prostarm Info Systems is in the power and energy solutions business. They make and sell: • UPS systems (uninterruptible power supplies) • Inverters & Solar hybrid systems • Serve sectors like healthcare, aviation, government & renewables • Present in 18 states + 1 union territory • Also offer installation, rental, and after-sales service • Clients include: Airports Authority of India, NTPC Where Will the IPO Money Go? Prostarm plans to use the funds for: • Working capital • Loan repayments • Future acquisitions • General corporate purposes Bottom Line: Prostarm Info Systems has listed above expectations and caught investor attention with a strong debut. With its focus on clean and reliable power solutions and clients across key industries, this is one SME IPO many are watching closely.