PRO FX Tech Limited launches Rs 40.30 crore IPO
PRO FX Tech Limited, engaged in the business of retail and
distribution
of specialized AV products used for home theatres, custom theatres and home automation systems, has announced the launch of its Initial Public Offering (
IPO
) on the NSE Emerge platform.
The IPO will open on June 26, 2025, and close on June 30, 2025, with a price band of ₹82 to ₹87 per
equity
share of face value ₹10 each.
by Taboola
by Taboola
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The issue comprises a fresh issue of 46,32,000 equity
shares
, aggregating to ₹40.30 crore at the upper price band. The issue is being managed by Hem Securities Limited. Cameo Corporate Services Limited is acting as the registrar to the issue.
The minimum application lot is 1,600 equity shares. Allocation is as follows: 21,95,200 shares for Qualified Institutional Buyers (QIB) 6,59,200 shares for Non-Institutional Investors (NII) 15,37,600 shares for Retail Individual Investors (RII) 2,40,000 shares for Market Makers Utilization of Proceeds: Expansion of business operations including
working capital
General corporate purposes Company Overview Founded in 2006 and headquartered in Bangalore, PRO FX Tech Limited specializes in customized AV solutions for residential and commercial spaces. It operates through 6 showrooms, 2 experience centres, and 28 service centres across 5 cities.
Highlights: IPO opens on June 26, closes June 30 With face value of ₹10 each, the price band is ₹82 to ₹87 per equity share To support business expansion, working
capital
and general corporate purposes Financial Highlights (FY25): Revenue: ₹129.38 crore EBITDA: ₹17.06 crore (13.19%) PAT: ₹12.24 crore (9.41%) ROE: 39.71% ROCE: 43.58% Debt/Equity: 0.06 Leadership Mr. Manmohan Ganesh, Managing Director Mr. Appadurai Manuel Santhana Joekumar, CFO Investor and Media Contact: Corporate Communications - PRO FX Tech Limited PROFX Global Theatre, Ground Floor, 84, Barton Centre, MG Road, Bangalore - 560001 Email: info@profx.com Website: www.profx.com Forward-Looking Statement: Certain statements in this release may be forward-looking in nature, involving risks and uncertainties that may cause actual outcomes to differ materially. PRO FX Tech Limited does not undertake to update these statements publicly.
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