Mumbai, June 3 -- The scrip was listed at Rs 125, exhibiting a premium of 19.05% to the issue price.
So far, the stock has hit a high of 130 and a low of 120. On the BSE, over 8.47 lakh shares of the company were traded in the counter so far.
The initial public offer of Prostarm Info Systems was subscribed 97.20 times. The issue opened for bidding on 27 May 2025 and it closed on 29 May 2025. The price band of the IPO is fixed between Rs 95 and 105 per share.
The Initial Public Offer comprised a fresh issue of up to 1,60,00,000 equity shares of Rs 10 each.
Of the net proceeds from the fresh issue of equity shares, about Rs 72.50 crore will be used to meet working capital requirements, Rs 17.96 crore for repayment/prepayment in full or in...