IPO Issue Details
Issue Price / Price Band₹87 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size46,32,000 shares (aggregating up to ₹40.30 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 26 Jun 2025
Subscription CloseMon, 30 Jun 2025
Anchor AllotmentWed, 25 Jun 2025
Basis of AllotmentTue, 01 Jul 2025
Initiation of RefundsWed, 02 Jul 2025
Credit of Shares to DematWed, 02 Jul 2025
Listing DateThu, 03 Jul 2025
UPI Mandate Deadline2025-06-30
Application & Investment Details
Retail — Min (1 Lots)₹1,39,200 — 1600 shares
Retail — Max (13 Lots)₹1,809,600 (13 Lots)
HNI — Min (2 Lots)₹2,78,400 — 3200 shares
EPS (Pre-IPO)₹9.51
EPS (Post-IPO)₹6.99
P/E Ratio (Pre-IPO)9.15x
P/E Ratio (Post-IPO)12.44x
Net Offer to Public43,92,000 shares (aggregating up to ₹38.21 Cr)
Reserved for Market Maker2,40,000 shares (aggregating up to ₹2.09 Cr)
Pre-IPO Promoter Holding1,28,71,686 shares
Post-IPO Promoter Holding1,75,03,686 shares
About PRO FX Tech Ltd.
Established in 2006, PRO FX Tech Limited distributes AV products like amplifiers, processors, turntables, audio streamers, speakers, subwoofers, sound bars, and cables.The company designs custom AV solutions for home theatres, automation, multi-room audio, and corporate clients.The company sells products to brands like Denon, Polk, and JBL, providing distribution rights to ensure access to the latest AV innovations and high-quality international products.The company runs seven showrooms and two experience Centres in six Indian cities: Ernakulum, Mysore, Mumbai, Bangalore, Coimbatore, and Chennai, showcasing its product range.As of August 31, 2024, the company employs a total of 104 individuals, which includes 49 personnel in the sales and marketing department and 43 individuals in the technical support division.Competitive Strength:Wide geographical reach and distribution & retail network.Extensive Service Infrastructure.Experienced Sales and Technical Team.Robust Marketing Strategies and Proactive Customer Engagement.Experienced Promoter and Strong Management Team.
Objects of the Issue
PRO FX Tech Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Repayment of a portion of certain borrowing availed by the Company
1.50
2
2 Funding capital expenditure towards setting-up of 3 new Showroom cum experience centres (“Showroom”)
7.47
3
3 To meet Working Capital requirements
19.00
4
4 General Corporate Purpose
8.53
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,28,71,686 shares
Post-IPO Promoter Holding
1,75,03,686 shares