Prostarm Info Systems Ltd. Share Price

Prostarm Info Systems to commence BESS operations

Prostarm Info Systems Ltd

STARSOURCE Integrated Industrial Supply & Engineering Solutions Partner for Core Sectors

🚀Prostarm Info Systems Expands into Grid-Scale Battery Storage ⚡

Prostarm Info Systems has incorporated its wholly owned subsidiary ‘PROSTARM KARNATAKA BESS’ on September 9, 2025 as a Special Purpose Vehicle (SPV) to set up a 150 MW / 300 MWh Standalone Battery Energy Storage System (BESS) at the 400 kV Doni Substation under the Tariff Based Competitive Bidding (TBCB) mode on a Build-Own-Operate basis. This marks a strategic leap for Prostarm as it strengthens its position in the battery energy storage ecosystem—a critical enabler for India’s clean energy transition. 🔹 Grid stability, renewable integration, and energy reliability are set to receive a strong boost. 🔹 With this, Prostarm continues to expand beyond designing, manufacturing, and supplying power conditioning & energy storage equipment into large-scale infrastructure solutions. 🌍 Powering India’s energy future, one storage system at a time.

Stocks to Watch – 21 August 2025

Earnings Update: • Shanti Gold International: Profit jumped 174% YoY to ₹24.6 Cr vs ₹9 Cr; revenue up 22% to ₹292.8 Cr. Key Market Moves: • Clean Science: Promoters may sell 24% stake (~₹2,626 Cr) via block deals at ₹1,030/share floor price. • India Cements: UltraTech to sell 6.49% stake through OFS at ₹368/share. Opens Aug 21 (non-retail), Aug 22 (retail). • RailTel: Secured two orders worth ₹50 Cr from Kerala IT Mission and Odisha Govt. • Jupiter Wagons: Subsidiary wins ₹215 Cr LOI to supply 5,376 wheelsets for Vande Bharat trains. • Exide: Invested ₹100 Cr in Exide Energy Solutions; total investment now ₹3,802 Cr. • Fortis Healthcare: Ties up with Ekana Group to operate a 550-bed hospital in Lucknow. • Innova Captab: Cleared UK-MHRA inspection for its Baddi plant with no major observations. • Poly Medicure: NCLT approves its resolution plan for Himalayan Mineral Waters. • V-Guard: ICICI Pru MF buys 41.5 lakh shares (0.95% stake) at ₹370/share worth ₹153.6 Cr. Other Notable Updates: • Titan: Director P B Balaji resigned. • Godrej Properties: Buying 7% stake in Godrej Skyline Developers. • Hitachi Energy India: Appointed new Chairman Ismo Antero Haka. • Nucleus Software: Vishnu R Dusad named Interim CFO. • SMC Global: Investing ₹15 Cr in NCDEX. • Crisil: To set up subsidiary in Canada. • Super Iron Foundry: To set up new foundry in Saudi Arabia. • Prostarm Info Systems: L-1 bidder for 150 MW/300 MWh battery storage system in Karnataka. • RACL Geartech: Received long-term order for premium motorcycle gears. Bulk Deals: • Shaily Engineering Plastics: Capital Group funds bought shares worth ₹147.9 Cr, Lighthouse sold shares worth ₹96.25 Cr. • HealthCare Global: Axis MF bought ~1% stake for ₹91.9 Cr. • Sampann Utpadan: Isquare PE Fund acquired 1.8% stake at ₹32.4/share.

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.

Stocks to Watch – 3rd June 2025

Let’s take a quick look at key stock news that may impact the markets today: Key Stocks in Focus: HCL Technologies – Partnered with UiPath to automate business processes globally. A big move in AI-driven automation. Zinka Logistics – Quickroutes is likely selling a 9% stake at ₹405/share to raise ₹647 Cr. Keep an eye on stock movement. Biocon – Got approval for its diabetes drug (Liraglutide), a generic version of Victoza. Positive news for the pharma major. Torrent Power – Signed a long-term deal with BP Singapore to import LNG till 2036 for its gas power plants and city gas network. Jindal Stainless – Investing ₹132 Cr in a green energy project (282 MW) to power its plants with renewable energy. Frontier Springs – Bagged ₹92.6 Cr worth of orders for rail coach components. Strong order book. Prostarm Info Systems – Mainboard listing today. Watch the listing price movement. Results Today: • Lucent Industries, Punjab Communications, Sybly Industries, and Padmanabh Alloys will release Q4 earnings. Expect some buzz. Bulk & Block Deals: Niva Bupa – Fettle Tone LLP & Krishnan Ramachandran sold over 10% stake worth ₹1,425 Cr. DSP MF, SBI MF, and M Pallonji & Co bought major portions. AU Small Finance Bank – Tata AIG bought a 0.12% stake via block deal. Leela Hotels (Schloss Bangalore) – Ward Ferry Fund picked up 0.5% stake at ₹434/share. Thomas Scott & Deepak Builders – Minor stake sales/purchases seen. Ex-Dividend Today: Larsen & Toubro, Atishay, Nuvama Wealth, Sunshield Chemicals. F&O Ban: Manappuram Finance – No new F&O positions allowed today. Takeaway: Today’s market action may revolve around automation (HCL), pharma (Biocon), logistics (Zinka), and energy (Torrent, Jindal Stainless). Keep an eye on bulk deal moves and listing debuts.