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. 105/- per equity share (Including a Securities Premium of Rs. 95/- per Equity Share) (Issue Price) Aggregating up to Rs. 168.00 crores (the Issue). The issue will constitute 27.18% 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 10.5 times the face value of the equity shares. * Subject to finalization of basis of allotment.

Objective of issue

Funding working capital requirements of the company. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company. 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