The bidding window for the Praruh Technologies SME IPO was open from September 24, 2025, to September 26, 2025. The basis of allotment will be finalised today, September 29, 2025. Here’s how you can check the IPO allotment status.
The Praruh Technologies IPO is a book-building issue of ₹23.50 crores, consisting entirely of a fresh issue of ₹0.37 crore shares. The price band is set between ₹60 and ₹63 per share. The tentative listing on the BSE SME is scheduled for October 1, 2025.
Corporate Makers Capital Ltd. is the book-running lead manager, and Maashitla Securities is the registrar for the issue.
The net proceeds from the fresh issue will be used to:
(September 26, 2025, end of the day)
Category |
Subscription (times) |
Qualified Institutional Investors (QIBs) |
1.01 |
Non-Institutional Investors |
2.14 |
Retail Individual Investors (RIIs) |
0.93 |
Total |
1.21 |
Praruh Technologies is an ICT system integration company that specialises in hardware, applications, data centres, storage, security, audio-video integration, networking, and collaboration solutions.
The company’s revenue from operations increased from ₹6,143.82 lakh in the year ended March 31, 2024, to ₹6,188.60 lakh in the year ended March 31, 2025.
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