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₹63 - 63
Praruh Technologies Ltd
IT - SoftwareIPOSME
₹63 - 63
Our Company is engaged in providing IT Solutions, Customized software solutions, system integration and other allied activities.
Lot2,000Min Invest₹2,52,000Face Value₹10Issue Size₹24 CrFresh Issue₹24 CrListing Price₹63CMP₹120
Timeline
24 Sept
Bidding opens
26 Sept
Bidding closes
29 Sept
Allotment
30 Sept
Refund & demat credit
1 Oct
Listing
Subscription
Subscription opens once dates are announced
Reports
Offer Details
Terms
Issue Size₹24 Cr0.37 Cr shares
Fresh Issue₹24 Cr
Face Value₹10
Lot Size2,000 shares
ReservationQIB 50% · NII 15% · RETAIL 35%
Application Sizes
Retail₹2,52,0001-1 lots
sNII₹2,52,000from 2 lots
bNII₹10,08,000from 8 lots
Managers & Registrar
Lead ManagerCorporate Markets Capital Ltd
RegistrarMaashitla Securities Pvt Ltd
Ownership & Proceeds
Shareholding
CategoryPre IPOPost IPOPromoter Group99.97%73.65%Public0.03%26.35%
Objects of the Issue
- Repayment of certain borrowings
- Unidentified acquisitions in india
- Funding of working capital requirements of the company
- General corporate purposes
Financials
Profit & Loss
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| RevenueCr | 20 | 28 | 61 | 62 | 101 |
| Operating ProfitCr | 2 | 3 | 10 | 11 | 14 |
| OPM% | 10.2 | 11.1 | 16.7 | 17.5 | 13.4 |
| PBTCr | 2 | 3 | 9 | 9 | 12 |
| PATCr | 1 | 2 | 7 | 7 | 9 |
| EPS | 307 | 173 | 325 | 7 | 8 |
Balance Sheet
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity CapitalCr | 0 | 0 | 0 | 10 | 14 |
| ReservesCr | 2 | 5 | 11 | 8 | 35 |
| BorrowingsCr | 1 | 2 | 14 | 8 | 0 |
| Total AssetsCr | 14 | 18 | 38 | 46 | 123 |
Cash Flow
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Operating Cash FlowCr | -2 | 1 | 3 | 4 | 0 |
| Investing Cash FlowCr | 0 | -2 | -14 | -7 | -10 |
| Financing Cash FlowCr | 1 | 1 | 11 | 3 | 13 |
| Net Cash FlowCr | 0 | 0 | 0 | 0 | 3 |
Strengths & Risks
Strengths · as stated in the DRHP
- Diversified range of services offered.
- Strong Client base.
- Experience of our Promoter and core management team.
- Quality Assurance.
- Cost competitiveness and time bound delivery.
Strategies · as stated in the DRHP
- Develop cordial relationship with our Suppliers, Customer and employees.
- Improving operational efficiencies.
- To Build-Up a Professional Organization.
- Leveraging our Market skills and Relationships.
- Diversification.
- Long-Term Contracts.
Risks · as stated in the DRHP
- Substantial portion of our revenue has been dependent upon our few customers. The loss of any one or more of our major clients would have a material effect on our business operations and profitability.
- Our business, growth prospects and financial performance largely depends on our ability to obtain new contracts, and there is no assurance that we will be able to procure new contracts.
- Tender are typically awarded to us on satisfaction of prescribed pre- qualification criteria and following a competitive bidding process. Our business and our financial condition may be adversely affected if new projects are not allotted to us.
- We depend on third parties for the supply of finished goods or products and do not have firm commitments for supply or exclusive arrangements with any of our suppliers. Loss of suppliers may have an adverse effect on our business, results of operations and financial condition.
- Our Company is a party to certain tax proceedings. Any adverse decision in such proceedings may have a material adverse effect on our business, results of operations and financial condition.
- Our lenders have charged over our movable and immovable properties and book debts in respect of finance availed by us.