Prostarm Info Systems Ltd - IPO

Prostarm Info Systems Ltd IPO Details

Initial public offering of up to 1,60,00,000* equity shares of face value of Rs. 10 each (equity shares) of Prostarm Info Systems Limited (the company or the issuer) for cash at a price of Rs. [*] per equity share (including a securities premium of Rs. [*] per equity share) (issue price) aggregating up to Rs. [*] crores (the issue). The issue will constitute [*] % of the post -issue paid-up equity share capital. The face value of the equity shares is Rs. 10 each and the issue price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Funding working capital requirements of the company. General corporate purposes. General corporate purposes. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company. Acquisition of further stake of its subsidiary to make it a wholly owned subsidiary. Acquisition of further stake of its subsidiary to make it a wholly owned subsidiary. General corporate purposes. General corporate purposes.

Prostarm Info Systems Ltd Contact Details

Prostarm Info Systems Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - cs@prostarm.com

Website - www.prostarm.com