Praruh Technologies IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Sep 24 to Sep 26 2025
Price Band
₹60 - 63
Current GMP
₹63 (0.0%)
Subscription
1.21 times
IPO Details
| IPO Date | September 24, 2025 to September 26, 2025 |
| Listing Date | October 1, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹60 to ₹63 per share |
| Issue Price Final | ₹63 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 37,30,000 shares (aggregating up to ₹23.50 Cr) |
| Reserved for Market Maker | 1,88,000 shares (aggregating up to ₹1.18 Cr)SMP Securities Ltd. |
| Net Offered to Public | 35,42,000 shares (aggregating up to ₹22.31 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,02,00,000 shares |
| Share Holding Post Issue | 1,39,30,000 shares |
IPO Date
September 24, 2025 to September 26, 2025
Listing Date
October 1, 2025
Face Value
₹10 per share
Issue Price Band
₹60 to ₹63 per share
Issue Price Final
₹63 per share
Lot Size
2,000 Shares
Sale Type
Fresh Capital
Total Issue Size
37,30,000 shares (aggregating up to ₹23.50 Cr)
Reserved for Market Maker
1,88,000 shares (aggregating up to ₹1.18 Cr)SMP Securities Ltd.
Net Offered to Public
35,42,000 shares (aggregating up to ₹22.31 Cr)
Issue Type
Bookbuilding IPO
Listing At
BSE SME
Share Holding Pre Issue
1,02,00,000 shares
Share Holding Post Issue
1,39,30,000 shares
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| QIB (Ex Anchor) | 1.01 |
| Non-Institutional Buyers*** | 2.14 |
| bNII (bids above ₹10L) | 3.04 |
| sNII (bids below ₹10L) | 0.50 |
| Individual Investors (IND category bidding for 2 Lots) | 0.93 |
| Total ** | 1.21 |
Anchor Investors
1
Market Maker
1
QIB (Ex Anchor)
1.01
Non-Institutional Buyers***
2.14
bNII (bids above ₹10L)
3.04
sNII (bids below ₹10L)
0.50
Individual Investors (IND category bidding for 2 Lots)
0.93
Total **
1.21
Day Wise Sub
| Day | QIB (Ex Anchor) | NII* | NII (> ₹10L) | NII (< ₹10L) | Individual Investors | Total |
|---|---|---|---|---|---|---|
| Day 1 Sep 24, 2025 | 0.00 | 0.59 | 0.85 | 0.10 | 0.12 | 0.19 |
| Day 2 Sep 25, 2025 | 0.34 | 0.48 | 0.63 | 0.20 | 0.38 | 0.39 |
| Day 3 Sep 26, 2025 | 1.01 | 2.14 | 3.04 | 0.50 | 0.93 | 1.21 |
DayDay 1
Sep 24, 2025
QIB (Ex Anchor)0.00
NII*0.59
NII (> ₹10L)0.85
NII (< ₹10L)0.10
Individual Investors0.12
Total0.19
DayDay 2
Sep 25, 2025
QIB (Ex Anchor)0.34
NII*0.48
NII (> ₹10L)0.63
NII (< ₹10L)0.20
Individual Investors0.38
Total0.39
DayDay 3
Sep 26, 2025
QIB (Ex Anchor)1.01
NII*2.14
NII (> ₹10L)3.04
NII (< ₹10L)0.50
Individual Investors0.93
Total1.21
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 01-10-2025 | 63.00 | 0(0.00%) | 63 |
| 30-09-2025 | 63.00 | 0(0.00%) | 63 |
| 29-09-2025 | 63.00 | 0(0.00%) | 63 |
| 28-09-2025 | 63.00 | 0(0.00%) | 63 |
| 27-09-2025 | 63.00 | 0(0.00%) | 63 |
| 26-09-2025 | 63.00 | 0(0.00%) | 63 |
| 25-09-2025 | 63.00 | 3(4.76%) | 66 |
| 24-09-2025 | 63.00 | 4(6.35%) | 67 |
| 23-09-2025 | 63.00 | 0(0.00%) | 63 |
| 22-09-2025 | 63.00 | 0(0.00%) | 63 |
| 21-09-2025 | 63.00 | 0(0.00%) | 63 |
| 20-09-2025 | 63.00 | 0(0.00%) | 63 |
| 19-09-2025 | 63.00 | 0(0.00%) | 63 |
| 18-09-2025 | 63.00 | 0(0.00%) | 63 |
Date01-10-2025
Price63.00
GMP0(0.00%)
Estimate List Price63
Date30-09-2025
Price63.00
GMP0(0.00%)
Estimate List Price63
Date29-09-2025
Price63.00
GMP0(0.00%)
Estimate List Price63
Date28-09-2025
Price63.00
GMP0(0.00%)
Estimate List Price63
Date27-09-2025
Price63.00
GMP0(0.00%)
Estimate List Price63
Date26-09-2025
Price63.00
GMP0(0.00%)
Estimate List Price63
Date25-09-2025
Price63.00
GMP3(4.76%)
Estimate List Price66
Date24-09-2025
Price63.00
GMP4(6.35%)
Estimate List Price67
Date23-09-2025
Price63.00
GMP0(0.00%)
Estimate List Price63
Date22-09-2025
Price63.00
GMP0(0.00%)
Estimate List Price63
Date21-09-2025
Price63.00
GMP0(0.00%)
Estimate List Price63
Date20-09-2025
Price63.00
GMP0(0.00%)
Estimate List Price63
Date19-09-2025
Price63.00
GMP0(0.00%)
Estimate List Price63
Date18-09-2025
Price63.00
GMP0(0.00%)
Estimate List Price63
IPO Important Dates
| IPO Open Date | Wed, Sep 24, 2025 |
| IPO Close Date | Fri, Sep 26, 2025 |
| Tentative Allotment | Mon, Sep 29, 2025 |
| Initiation of Refunds | Tue, Sep 30, 2025 |
| Credit of Shares to Demat | Tue, Sep 30, 2025 |
| Tentative Listing Date | Wed, Oct 1, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Sep 26, 2025 |
IPO Open Date
Wed, Sep 24, 2025
IPO Close Date
Fri, Sep 26, 2025
Tentative Allotment
Mon, Sep 29, 2025
Initiation of Refunds
Tue, Sep 30, 2025
Credit of Shares to Demat
Tue, Sep 30, 2025
Tentative Listing Date
Wed, Oct 1, 2025
Cut-off time for UPI mandate confirmation
5 PM on Fri, Sep 26, 2025
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,52,000 |
| Individual investors (Retail) (Max) | 2 | 4,000 | ₹2,52,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,78,000 |
| S-HNI (Max) | 7 | 14,000 | ₹8,82,000 |
| B-HNI (Min) | 8 | 16,000 | ₹10,08,000 |
ApplicationIndividual investors (Retail) (Min)
Lots2
Shares4,000
Amount₹2,52,000
ApplicationIndividual investors (Retail) (Max)
Lots2
Shares4,000
Amount₹2,52,000
ApplicationS-HNI (Min)
Lots3
Shares6,000
Amount₹3,78,000
ApplicationS-HNI (Max)
Lots7
Shares14,000
Amount₹8,82,000
ApplicationB-HNI (Min)
Lots8
Shares16,000
Amount₹10,08,000
Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 54.78 | 38.28 | 17.61 |
| Total Income | 62.62 | 61.66 | 28.04 |
| Profit After Tax | 6.79 | 6.50 | 2.18 |
| EBITDA | 10.47 | 9.88 | 3.02 |
| NET Worth | 18.12 | 11.33 | 4.83 |
| Reserves and Surplus | 7.92 | 11.13 | 4.63 |
| Total Borrowing | 17.11 | 13.51 | 1.80 |
Period EndedPeriod Ended
31 Mar 202531 Mar 2025
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
31 Mar 202554.78
31 Mar 202438.28
31 Mar 202317.61
Period EndedTotal Income
31 Mar 202562.62
31 Mar 202461.66
31 Mar 202328.04
Period EndedProfit After Tax
31 Mar 20256.79
31 Mar 20246.50
31 Mar 20232.18
Period EndedEBITDA
31 Mar 202510.47
31 Mar 20249.88
31 Mar 20233.02
Period EndedNET Worth
31 Mar 202518.12
31 Mar 202411.33
31 Mar 20234.83
Period EndedReserves and Surplus
31 Mar 20257.92
31 Mar 202411.13
31 Mar 20234.63
Period EndedTotal Borrowing
31 Mar 202517.11
31 Mar 202413.51
31 Mar 20231.80
Peers Comparison
| Company Name | EPS (Basic) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio |
|---|---|---|---|---|---|
| Praruh Technologies Limited | 6.65 | 17.76 | 53.62 | ||
| Esconet Technologies Limited | 6.11 | 52.13 | 34.39 | 15.75 | 4.04 |
| E2e Networks Limited | 27.21 | 797.67 | 110.85 | 4.16 | 3.78 |
Company NamePraruh Technologies Limited
EPS (Basic)6.65
NAV (per share) (Rs)17.76
P/E (x)
RoNW (%)53.62
P/BV Ratio
Company NameEsconet Technologies Limited
EPS (Basic)6.11
NAV (per share) (Rs)52.13
P/E (x)34.39
RoNW (%)15.75
P/BV Ratio4.04
Company NameE2e Networks Limited
EPS (Basic)27.21
NAV (per share) (Rs)797.67
P/E (x)110.85
RoNW (%)4.16
P/BV Ratio3.78
IPO Reservation
| Market Maker Shares Offered | 1,88,000 (5.04%) |
| QIB Shares Offered | 17,70,000 (47.45%) |
| − Anchor Investor Shares Offered | 10,62,000 (28.47%) |
| − QIB (Ex. Anchor) Shares Offered | 7,08,000 (18.98%) |
| NII (HNI) Shares Offered | 5,32,000 (14.26%) |
| − bNII > ₹10L | 3,44,000 (9.22%) |
| − sNII < ₹10L | 1,88,000 (5.04%) |
| Retail Shares Offered | 12,40,000 (33.24%) |
| Total Shares Offered | 37,30,000 (100.00%) |
Market Maker Shares Offered
1,88,000 (5.04%)
QIB Shares Offered
17,70,000 (47.45%)
− Anchor Investor Shares Offered
10,62,000 (28.47%)
− QIB (Ex. Anchor) Shares Offered
7,08,000 (18.98%)
NII (HNI) Shares Offered
5,32,000 (14.26%)
− bNII > ₹10L
3,44,000 (9.22%)
− sNII < ₹10L
1,88,000 (5.04%)
Retail Shares Offered
12,40,000 (33.24%)
Total Shares Offered
37,30,000 (100.00%)
Information about company
Incorporated in 2019, Praruh Technologies Limited is an ICT System Integration firm and digital transformation solutions provider.
The company provides hardware, applications, data centers, networking, security, and audio-video solutions. It offers turnkey ICT solutions, ensuring effective, industry-specific services aligned with client's business strategies.
The company assists organizations in revolutionizing their business and driving growth by offering end-to-end system integration solutions and exceptional service experiences.
Services:
System Integration – Praruh provides end-to-end system integration, simplifying IT infrastructure, optimizing workflows, and enhancing business efficiency with expert solutions across India.
IT Consultancy – Praruh offers tailored IT strategies, covering cloud, risk management, disaster recovery, and strategic planning to support business growth.
Security Solutions – Praruh delivers comprehensive security solutions, including endpoint, network, and application security, powered by advanced technologies and leading OEM partnerships.
Networking Solutions – Praruh builds secure networks, offering LAN/WAN design, network auditing, video conferencing, load balancing, and data center deployments.
As of August 31, 2025, the company had 61 employees.
Competitive Strengths:
Established Track Record
Quality Assurance and Quality Control of the Services Products
Diverse Clientele
Experienced Promoters and Team
Tailored IT Solutions
Objectives of IPO
The Company Praruh Technologies IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No.
Objects of the Issue
Expected Amount (₹ in crores)
1
Repayment of Certain Borrowings
6.33
2
Unidentified acquisitions in India
1.00
3
Funding of Working Capital Requirement of the company
11.00
4
General corporate purposes
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
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