The allotment of stocks for the Prostarm data systems initial public offering (IPO) will be finalized on Friday, May 30, following a robust response from buyers during the three-day bidding window that ended on May 29. The general public problem turned into nearly a hundred subscriptions, displaying high demand from all classes of investors.
Prostarm Data Systems raised Rs 168 crore through a completely sparkling issue of 1.60 crore equity shares. The IPO opened for subscription on May 27, 2025, and closed on May 29, 2025.
The fee band for the IPO changed into a fixed Rs one hundred and five in keeping with the share. The minimum lot length for retail traders was 142 shares, requiring a minimal investment of Rs 13,490. However, maximum buyers had been recommended to bid on the reduce-off charge to improve their chances of allotment, taking the software price to around Rs 14,910.
For small non-institutional buyers (sNII), the minimum utility length turned into 14 masses, or 1,988 stocks, amounting to Rs 208,740. For huge non-institutional buyers (bNII), the minimum becomes sixty-eight masses, or 9,656 stocks, requiring an investment of Rs 10,880.
SUBSCRIPTION reputation
The Prostarm data systems IPO became subscribed 96.68 times in total. The qualified institutional consumers (QIB) category noticed a sturdy reaction with 102.67 times subscription. The non-institutional investors (NII) category became subscribed 222.13 times, while the retail element became subscribed 39.48 times.
HOW to check ALLOTMENT repute
Investors who applied for the IPO can check the allotment status online in two ways:
through the BSE website:
Go to the BSE IPO allotment repute web page.
Pick out "fairness" as the issue kind.
Pick "Prostarm info structures restrained" from the dropdown listing beneath difficulty call.
Enter your software range.
Fill in your PAN details.
Fill out the captcha as shown.
Click on "Seek" to check your allotment popularity.
via KFin Technologies' website:
Go to the IPO reputation web page on the KFin technology internet site.
Pick out "Prostarm data structures constrained" from the listing.
Pick out your selected method to check the reputation—software variety, Demat Account wide variety, or PAN identity.
Pick out your application type (ASBA or non-ASBA).
Input the required details.
Enter the captcha.
Click on on "Submi" to view your allotment result.
GMP and expected listing
The grey market top class (GMP) has fallen within the past few buying and selling classes for the IPO.
As of May 30, 2025, the last gray market top class (GMP) for Prostarm Info Systems IPO changed to Rs 20. Based totally on the upper charge band of Rs one hundred and five in line with percentage, the predicted listing price is Rs one hundred twenty-five. This means traders can assume a list benefit of around 19.05% per percentage if the GMP holds.
The shares of Prostarm data structures are expected to be listed on both the BSE and NSE. The tentative listing date is Tuesday, june 3, 2025.
Investors who acquire an allotment can have their shares credited to their demat debts earlier than the listing date. Refunds for unallotted programs may also be processed shortly after the allotment is finalised..jpg)
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