Praruh Technologies IPO Details
The key details of Praruh Technologies’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹23.50 Cr |
| Price Range | ₹60 - ₹63 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 4,000 |
| Investment (cut-off price) | ₹2,52,000 |
| Pre IPO Promotor Holding | 100.00% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Praruh Technologies IPO Timelines
The IPO process for Praruh Technologies includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
24/09/2025
Start Date26/09/2025
End Date30/09/2025
Refund Initiation30/09/2025
Credit of Shares to Demat Ac01/10/2025
Listing DatePraruh Technologies IPO Lot Size
The Praruh Technologies IPO has a fixed lot size of 2,000 shares, at an upper price band of ₹63 per share. For retail investors, the minimum and maximum application is 4,000 shares (2 lots) amounting to ₹2,52,000. For Small HNI (S-HNI) investors, the minimum application is 6,000 shares (3 lots) worth ₹3,78,000, while the maximum is 14,000 shares (7 lots) amounting to ₹8,82,000. Big HNI (B-HNI) investors need to apply for at least 16,000 shares (8 lots), totaling ₹10,08,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 4000 | ₹2,52,000 |
| Retail Maximum | 2 | 4000 | ₹2,52,000 |
| S-HNI Minimum | 3 | 6000 | ₹3,78,000 |
| S-HNI Maximum | 7 | 14000 | ₹8,82,000 |
| B-HNI Minimum | 8 | 16000 | ₹10,08,000 |
Praruh Technologies IPO Subscription Status
The subscription status for Praruh Technologies IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 1.01x | 2.14x | 0.93x | -- | 1.21x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Praruh Technologies IPO Company Financials
Praruh Technologies reports robust performance in FY2024 with Total Income of ₹61.66 crores, managing expenses at ₹52.92 crores, and achieving a strong PAT (Profit After Tax) of ₹6.54 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹20.28 | ₹18.31 | ₹1.46 |
| FY 2023 | ₹28.04 | ₹25.15 | ₹2.16 |
| FY 2024 | ₹61.66 | ₹52.92 | ₹6.54 |
About Company
Incorporated in 2019, Praruh Technologies Limited is an ICT system integration firm and digital transformation solutions provider. The company delivers comprehensive hardware, software, data center, networking, security, and audio-video solutions tailored to client needs. It specializes in offering turnkey ICT services that align with industry-specific requirements and business strategies, helping organizations streamline operations and achieve growth through effective technology adoption and integration.
Praruh offers a wide range of services including system integration, IT consultancy, security solutions, and networking solutions. Its system integration services focus on simplifying IT infrastructure and improving operational efficiency, while its consultancy arm supports strategic areas such as cloud adoption, disaster recovery, and risk management. The company also provides end-to-end security solutions for endpoints, networks, and applications, backed by partnerships with leading technology providers. Additionally, its networking services cover LAN and WAN design, auditing, video conferencing, load balancing, and data center deployment. As of August 31, 2024, the company had a team of 47 employees.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2019 | IT (Information Technology) | Vishal Prakash |
Know Before Investing
Praruh Technologies IPO Strengths
- Praruh is focused on ICT system integration and digital transformation, helping organizations innovate and grow through advanced technology solutions.
- Combines deep technical expertise with a strong focus on service delivery, enabling complex IT project management with precision.
- Offers hardware, applications, data center solutions, networking, storage, security, audio-video integration, and IT training services, catering to multiple IT needs.
- Serves clients including Delhi Metro Rail Corporation, Airport Authority of India, defense, railways, and manufacturing, diversifying risk and ensuring steady business.
- Maintains rigorous quality assurance and control during service delivery to ensure customer satisfaction and operational excellence.
- Revenue grew from ₹20.28 crore in FY22 to ₹61.66 crore in FY24 with improving EBITDA and profit margins, signaling effective scaling and profitability.
Praruh Technologies IPO Risks
- A substantial portion of revenue is derived from a few major clients such as Delhi Metro Rail Corporation and Indian Railways; loss of any key client could significantly impact operations and profitability.
- Future growth depends heavily on winning new contracts, with no guarantee of success amid competition and tender evaluations.
- Faces intense competition in government tenders and contracts, which could limit pricing power and contract wins.
- Contract awards are contingent on factors like technical capabilities, financial strength, and price competitiveness, and unsuccessful bids could restrict revenue growth.
- Uses several third-party suppliers without exclusive arrangements, exposing the company to risks of supply disruptions adversely affecting project delivery.
- Any failure to adhere to regulatory requirements could result in penalties, sanctions or damage to reputation.
Swot Analysis for Praruh Technologies IPO
Strengths
Innovative Technology Use, Consistent Financial Growth, Tailored Client Solutions
Weaknesses
Geographic Concentration, Client Concentration Risk, Working Capital Intensive
Opportunities
Growing ICT Market, Expansion in Geographies, Government Digital Programs
Threats
Intense Industry Competition, Rapid Technological Changes, Economic and Political Uncertainty
Company Details
Praruh Technologies Ltd.
A-58, Sector -6, NOIDA, Gautam Budh Nagar Noida, Uttar Pradesh, 201301
Phone: +911203583845
Email: compliance@praruh.in
Website: http://www.praruh.in/
IPO Registar Details
Maashitla Securities Pvt. Ltd.
Phone: +91-11-45121795-96
Email: rta@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
FAQs
The key objectives of Praruh Technologies SME IPO are:
- Repayment of Certain Borrowings
- Unidentified acquisitions in India
- Funding of Working Capital Requirement of the company
- General corporate purposes
Corporate Makers Capital Ltd. is the book-running lead managers for the Praruh Technologies IPO.
Praruh Technologies IPO demonstrates strong growth potential with revenue surging from ₹28.04 crore in FY24 to ₹61.66 crore in FY25 and profit after tax rising to ₹6.54 crore. Expansion in IT infrastructure and rising digitalization in BFSI and telecom sectors underpin future scalability.
The issue price for the Praruh Technologies IPO is set between ₹60 to ₹63 per share.
To invest in two lot of Praruh Technologies IPO, you need ₹2,40,000 at the lower price band (₹60 per share) or ₹2,52,000 at the upper price band (₹63 per share) for a lot size of 4000 shares.
Praruh Technologies IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on October 1, 2025.
Refund/unblocking of funds for Praruh Technologies IPO will begin on September 30, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Praruh Technologies IPO shares on listing day (October 1, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.