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Praruh Technologies IPO
Price Band
₹60.0–63.0
Issue Size
₹23.5 Cr
Lot Size
2,000 shares
Min Investment
₹252,000
2 LOTS MIN
GMP
—
Issue Price
₹63.0
Praruh Technologies IPO AI Summary
- Praruh Technologies IPO is listed on BSE SME in the IT Enabled Services sector.
- Price band: ₹60.0–₹63.0 per share, lot size 2,000 shares (min. investment ₹252,000, 2 lots minimum).
- Subscription window: 24 Sep–26 Sep 2025, listing on 01 Oct 2025.
Praruh Technologies Limited is an ICT System Integration firm focused on providing comprehensive digital transformation solutions. With a consistent growth in revenue and profitability, the company is preparing for its IPO with a price band of ₹60.0 to ₹63.0, aiming to raise funds for various strategic purposes.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Praruh Technologies IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 26 Sep 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Praruh Technologies IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
About the Company
Incorporated in 2019, Praruh Technologies Limited is an ICT System Integration firm and digital transformation solutions provider. The company provides hardware, applications, data centers, networking, security, and audio-video solutions. It offers turnkey ICT solutions, ensuring effective, industry-specific services aligned with client's business strategies. The company assists organizations in revolutionizing their business and driving growth by offering end-to-end system integration solutions and exceptional service experiences. Services: System Integration – Praruh provides end-to-end system integration, simplifying IT infrastructure, optimizing workflows, and enhancing business efficiency with expert solutions across India. IT Consultancy – Praruh offers tailored IT strategies, covering cloud, risk management, disaster recovery, and strategic planning to support business growth. Security Solutions – Praruh delivers comprehensive security solutions, including endpoint, network, and application security, powered by advanced technologies and leading OEM partnerships. Networking Solutions – Praruh builds secure networks, offering LAN/WAN design, network auditing, video conferencing, load balancing, and data center deployments. As of August 31, 2025, the company had 61 employees. Competitive Strengths: Established Track Record Quality Assurance and Quality Control of the Services Products Diverse Clientele Experienced Promoters and Team Tailored IT Solutions
Company Financials (₹ Cr)
As of 2025-03-31
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 54.78 | 38.28 | 17.61 |
| Total Income | 62.62 | 61.66 | 28.04 |
| Profit After Tax | 6.79 | 6.50 | 2.18 |
| EBITDA | 10.47 | 9.88 | 3.02 |
| NET Worth | 18.12 | 11.33 | 4.83 |
| Reserves and Surplus | 7.92 | 11.13 | 4.63 |
| Total Borrowing | 17.11 | 13.51 | 1.80 |
Key Ratios
EPS
₹6.65
NAV
₹17.76
ROE
46.08%
ROCE
53.62%
RoNW
46.08%
P/B Value
3.55
P/E Ratio
9.47
Market Cap
₹87.76 Cr
PAT Margin
10.96%
Debt/Equity
0.94
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic |
|---|---|---|---|---|
| E2e Networks Limited | 797.67 | 4.16% | 110.85 | 27.21 |
| Esconet Technologies Limited | 52.13 | 15.75% | 34.39 | 6.11 |
| Praruh Technologies Limited This IPO | 17.76 | 53.62% | — | 6.65 |
Promoters
Vishal Prakash, Amar Deep Sharma and Rahul
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Repayment of certain borrowings 6.33 2 Unidentified acquisitions in India 1.00 3 Funding of Working Capital Requirement of the company 11.00 4 General Corporate Purposes 2.82 5 Issue Expenses 2.35 Total 23.50
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total Income was ₹28.04 Cr in 31 Mar 2023, rising to ₹61.66 Cr by 31 Mar 2024, and further increasing to ₹62.62 Cr in 31 Mar 2025. This shows a consistent upward trend in revenue over the periods.
Profit Trend
Profit After Tax was ₹2.18 Cr in 31 Mar 2023, increasing to ₹6.50 Cr by 31 Mar 2024, and further rising to ₹6.79 Cr in 31 Mar 2025. This indicates a positive growth in profitability over the reported periods.
Valuation
Priced at roughly 9.47 times trailing earnings, versus peers trading at P/E ratios ranging from 34.39 to 110.85.
Grey Market Premium, Explained
The grey market refers to the unofficial trading of shares before they are listed on the stock exchange. The Grey Market Premium (GMP) indicates the expected listing price of the shares based on demand and supply in this unofficial market. A higher GMP suggests strong demand, while a lower or negative GMP may indicate weaker demand.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and risk tolerance. It's important to consider the company's growth potential and market position.
Who May Want to Wait
Investors who prefer stable returns and are risk-averse may want to avoid IPOs like this, which can be subject to market fluctuations and uncertainties.
IPO Timeline, Explained
The IPO process includes several key dates: the opening date for subscription is on 24 September 2025, closing on 26 September 2025, with allotment expected by 29 September 2025 and listing on the stock exchange on 1 October 2025.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when shares are listed on the stock exchange and may trade at a higher price than the issue price. However, there are risks involved, as market conditions can fluctuate significantly, affecting the stock's performance on the listing day.
This evaluation is generated from Praruh Technologies's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is the price band of Praruh Technologies IPO?
The price band of Praruh Technologies IPO is ₹60.0–₹63.0 per share.
When does Praruh Technologies IPO open and close?
Praruh Technologies IPO opens on 24 September 2025 and closes on 26 September 2025.
When does Praruh Technologies IPO list on the stock exchange?
Praruh Technologies IPO listed on 01 October 2025 at ₹63.0.
What is the lot size for Praruh Technologies IPO?
The lot size for Praruh Technologies IPO is 2000 shares, requiring a minimum investment of ₹252,000 (2 lots).
What is the price band for the Praruh Technologies IPO?
The price band for the Praruh Technologies IPO is ₹60.0 to ₹63.0.
What is the minimum investment required?
The minimum investment required is ₹252,000, which corresponds to a lot size of 2000 shares.
When does the IPO open and close?
The IPO opens on 24 September 2025 and closes on 26 September 2025.
What is the listing date for the IPO?
The listing date for the IPO is 1 October 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of the shares based on unofficial trading.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
24 Sep 2025
Close
26 Sep 2025
Allotment
29 Sep 2025
Listing
01 Oct 2025
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