Praruh Technologies IPO is a Book Building IPO listing on BSE SME exchange, with an ipo size of ₹ 23.50 Cr. The company is based in New Delhi and caters to Information Technology sector. Corporate Makers Capital is the merchant banker of Praruh Technologies IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 16th September 2024. Praruh Technologies IPO open date is 24th September 2025 and close date is 26th September 2025. IPO Allotment Date is 29th September 2025 and Listing date is 1st October 2025.
Praruh Technologies IPO size is ₹ 23.50 Cr. with IPO price of ₹ 63.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Particulars | Amount |
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To meet out the repayment of certain borrowings | [●] |
Corporate Makers Capital Limited is the book-running lead manager of the Praruh Technologies IPO. Maashitla Securities Private Limited is the Registrar for Praruh Technologies IPO.
Praruh Technologies IPO anchor investors are the below investors. The number of anchor investors in this IPO is 3.
Anchor Investor Name | No. of shares Allotted | Offer Price (in ₹.) | Amount Invested (in ₹.) |
---|---|---|---|
Persistent Growth Fund- | 382,000.00 | ₹ 63.00 | ₹ 24,066,000.00 |
Moneywise Financial Services | 480,000.00 | ₹ 63.00 | ₹ 30,240,000.00 |
Viney Growth Fund | 200,000.00 | ₹ 63.00 | ₹ 12,600,000.00 |
Praruh Technologies IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Praruh Technologies IPO, based in New Delhi, operates in the Information Technology sector with a focus on Provides hardware, applications, data centers, networking, security, and audio-video solutions. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Praruh Technologies IPO size is ₹ 23.50 Cr. with fresh issue size of ₹ 24 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Praruh Technologies IPO is expected to be 29th September 2025, after the finalization of basis of allotment. Investors can check Praruh Technologies IPO allotment status on the registrars website, Maashitla Securities Private Limited . Praruh Technologies IPO refund dates are 30th September 2025.
Praruh Technologies IPO is expected to be listed on 1st October 2025.
The upper price band for the Praruh Technologies IPO is set at ₹ 63.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Praruh Technologies IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Praruh Technologies IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 26th September 2025. After submission, funds are blocked until the basis of allotment of Praruh Technologies IPO is finalised.
The merchant banker for Praruh Technologies IPO is Corporate Makers Capital Limited . Corporate Makers Capital Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Praruh Technologies IPO RHP for further details.
The registrar for Praruh Technologies IPO is Maashitla Securities Private Limited . Investors can go to Maashitla Securities Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Praruh Technologies IPO through their official website or helpline.
Praruh Technologies IPO was subscribed 1.21 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Praruh Technologies IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Praruh Technologies Financial Review Page
Merchant Banker(s) of Praruh Technologies IPO: Corporate Makers Capital Limited
Praruh Technologies IPO subscription was 1.21 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Praruh Technologies IPO listed at a listing price of 83.00 against the offer price of 63.00.
The current market price of Praruh Technologies is 62.80.
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