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Praruh Technologies Ltd. IPO Details

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Praruh Technologies was incorporated on November 15, 2019. Praruh, meaning "to grow," was founded to help businesses expand by addressing unique IT and data needs. It provides end-to-end system integration and turnkey ICT solutions across diverse industries

Bidding Dates
24 Sep 2025 - 26 Sep 2025
Subscription
0.86x Undersubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
₹240,0002220003.7 M₹60 - ₹6373.22 %₹223.8 M - ₹235.0 MRHP DOC

Praruh Technologies IPO SUBSCRIPTION STATUS

26 Sep '25
Total0.86x
Retail Individual Investor0.88x
HNI (NII) Investors2.37x
Qualified Institutional Buyers0.38x

Praruh Technologies IPO overall subscription rate was 0.86 times the total available shares

Praruh Technologies IPO retail subscription rate was 0.88 times in the retail segment

Praruh Technologies IPO non-institutional investor subscription rate was 2.37 times in the non-institutional investor category

Praruh Technologies IPO Qualified Institutional Bidder subscription rate was 0.38 times the available shares for Qualified Institutional Bidder

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation35%15%50%
26 Sep 2025
(Day 3)
0.88x2.37x0.38x
25 Sep 2025
(Day 2)
0.36x0.79x0.13x
24 Sep 2025
(Day 1)
0.12x0.43x0x

Praruh Technologies FINANCIALS

Period Revenue from Operations (Rs in crore) Net Profit (Rs in crore) Cash Flow from Operations (Rs in crore) Free Cash Flow (Rs in crore) Margins
FY25 61.9 6.8 4.3 3.6 16.9%
FY24 61.4 6.5 2.6 -8.3 16.1%
FY23 28.0 2.2 1.1 1.1 10.8%

Praruh Technologies IPO SUBSCRIPTION STATUS DETAILS

Praruh Technologies had 3.7 M shares on offer

Praruh Technologies IPO offer price was in the range ₹60 - ₹63

Praruh Technologies IPO minimum Investment was ₹240000

Praruh Technologies IPO issue size was ₹ 223.8 M - ₹ 235.0 M

Praruh Technologies had a minimum lot size of 2000 Shares per application

Praruh Technologies NUMBER OF SHARES ON OFFER

Total3.7 M
Fresh Issue3.7 M
Offer for Sale0
Post Issue Promoter Holding %73.22 %

Praruh Technologies IPO IMPORTANT DATES

Issue Open Date24 Sep 2025
Issue close Date26 Sep 2025
Allotment Date29 Sep 2025
Refund Date30 Sep 2025
Demat Account Credit Date30 Sep 2025
Listing Date01 Oct 2025
Listing on Exchange(s)BSE
Praruh Technologies Allotment StatusExchange/ Registrar

Praruh Technologies IPO subscription opened on 24 Sep 2025, and closed on 26 Sep 2025

IPO allotment for Praruh Technologies was finalized on Monday, 29 Sep 2025

IPO listing for Praruh Technologies was on BSE on Wednesday, 01 Oct 2025

Praruh Technologies IPO LISTING GAINS

Issue Price (adjusted)63.0
Listing Open Price63.0
Listing Close Price64.3
Listing Gain%0.0%
Current Gain%185.7%

Praruh Technologies Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
Praruh Technologies Ltd.180250.726.70.72.519.37.6101.662.39.438.66.838.6
One97 Communications Ltd.1656106250.3163.51.411.83.42.3929121.955318410.1114.7
PB Fintech Ltd.98045349.860.60.66.29.27.77166.433.1669.989.816.298.3
Affle 3I Ltd.1449.620426.942.82.27.212.410.32787.618.1454.919.133.919.2
Pine Labs Ltd.167.619352.41520.76.81.90.82847.222.3112.5177.31.1212.8
Nazara Technologies Ltd.384.714799.3-282.11.98.42.82.23072.679.195.826.4-1.4-149

Praruh Technologies INFORMATION ON IPO ISSUE

About Praruh Technologies

Praruh Technologies was incorporated on November 15, 2019. Praruh, meaning "to grow," was founded to help businesses expand by addressing unique IT and data needs. It provides end-to-end system integration and turnkey ICT solutions across diverse industries

Object of the Issue

  • To meet out the repayment of certain borrowings
  • To meet and pursue unidentified acquisitions in India
  • To meet the working capital requirements of the company
  • To meet general corporate purposes

Praruh Technologies - PROMOTERS

Name
Vishal Prakash
Amar Deep Sharma
Rahul Sharma

Praruh Technologies - MANAGEMENT & LEADERSHIP

NameDesignation
Vishal PrakashManaging Director
Amar Deep SharmaWhole Time Director
Rahul SharmaWhole Time Director
Pariza ChaturvediNon-Executive Director
Sunil Kumar GulatiNon-Executive, Independent Director
Vijay Kumar PandeyNon-Executive, Independet Director

Praruh Technologies Book Running Lead Manager

Corporate Makers Capital Limited

compliance@corporatemakers.in

Praruh Technologies Registrar to the issue

Maashitla Securities Private Limited

rta@maashitla.com

Praruh Technologies Strengths

Quality assurance & quality control

Quality assurance and control are central to the company’s operations, with IT engineers and experienced staff inspecting all service stages. Special care is taken from procurement to implementation to ensure customer satisfaction and maintain service standards

Strength

Client relationship

The company serves a diverse client base across sectors like railways, manufacturing, defence, and government, reducing dependency on any single customer. This broad clientele helps maintain financial stability and minimises industry-specific risks

Strength

Tailored IT solutions

The company’s strength lies in creating customised IT solutions aligned with clients’ strategic and operational needs, enhancing efficiency, scalability, and delivering measurable business outcomes for long-term growth

Strength

Praruh Technologies Risks

IT security & system risk

The company’s business could be affected if its computer systems fail to meet security obligations, despite industry-standard measures. Unauthorised access, viruses, or breaches could compromise confidential data, disrupt operations, and require significant resources to address

Risk

Technology obsolescence risk

The company operates in the fast-evolving IT industry, where rapid technological advancements, especially in servers, pose a risk of obsolescence. Regular upgrades and adoption of cutting-edge technologies are essential to remain competitive and relevant

Risk

Software integration risk

Improper implementation or integration of the company’s software with third-party systems could lead to customer dissatisfaction and harm business, financial results, and growth. Successful deployment and interoperability are critical to maintaining reputation and encouraging wider software adoption

Risk

IPO FAQs

  • The promoters of the company are Vishal Prakash, Amar Deep Sharma and Rahul Sharma.

  • The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.

  • The price band of the IPO is Rs 60.0 - 63.0.

  • The IPO application opens on Sep 24, 2025 and closes on Sep 26, 2025.

  • The minimum lot size for the IPO is 4000. The maximum lot size for the IPO is 4000.

  • For all category investors, the minimum application amount for this IPO is Rs. 240,000.0, the maximum value for this IPO is Rs 252,000.0.

  • This IPO will be allotted on Sep 29, 2025.

  • The refund will be credited to your account on Sep 30, 2025.

  • The allotted shares will be credited to your demat on Sep 30, 2025.

  • Praruh Technologies Ltd.’s shares listed on the stock exchanges on Oct 01, 2025.