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Economic Times
10 hours ago
- Business
- Economic Times
PRO FX Tech IPO opens for subscription: Check price band, issue size and other details
PRO FX Tech, a key player in India's premium AV distribution and custom installation space, will open its Rs 40.30 crore IPO for subscription today, June 26, 2025. The public issue, entirely a fresh equity offering of 46.32 lakh shares, is priced in the band of Rs 82 to Rs 87 per share. ADVERTISEMENT The IPO will remain open until June 30 with allotment expected on July 1 and a tentative listing scheduled on the NSE SME platform by July 3. At the upper end of the price band, the minimum investment for retail participants—one lot of 1,600 shares—comes. Established in 2006, PRO FX Tech has carved out a niche in the Indian AV landscape by distributing and showcasing international brands like Denon, Polk, and a growing network of showrooms and experience centres in cities such as Mumbai, Chennai, Bengaluru, and Coimbatore, the company is now betting on expansion with the IPO proceeds, earmarking funds for debt repayment, working capital, and new showroom PRO FX Tech is on a strong footing. For FY25, it clocked a 17% rise in revenue to Rs 130.05 crore and a 30% increase in PAT to Rs 12.24 crore. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
10 hours ago
- Business
- Time of India
PRO FX Tech IPO opens for subscription: Check price band, issue size and other details
PRO FX Tech, a key player in India's premium AV distribution and custom installation space, will open its Rs 40.30 crore IPO for subscription today, June 26, 2025. The public issue, entirely a fresh equity offering of 46.32 lakh shares, is priced in the band of Rs 82 to Rs 87 per share. The IPO will remain open until June 30 with allotment expected on July 1 and a tentative listing scheduled on the NSE SME platform by July 3. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas Prices In Dubai Might Be More Affordable Than You Think Villas In Dubai | Search Ads Get Quote Undo At the upper end of the price band, the minimum investment for retail participants—one lot of 1,600 shares—comes. Established in 2006, PRO FX Tech has carved out a niche in the Indian AV landscape by distributing and showcasing international brands like Denon, Polk, and JBL. With a growing network of showrooms and experience centres in cities such as Mumbai, Chennai, Bengaluru, and Coimbatore, the company is now betting on expansion with the IPO proceeds, earmarking funds for debt repayment, working capital, and new showroom setups. Live Events Financially, PRO FX Tech is on a strong footing. For FY25, it clocked a 17% rise in revenue to Rs 130.05 crore and a 30% increase in PAT to Rs 12.24 crore. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
