Subscription Status · May 27 – May 29, 2025 · ₹95–105
The Prostarm Info Systems IPO subscription has recorded exceptional investor demand with an overall subscription of 97.20× as of May 29, 2025, indicating that investors applied for 97.20 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: May 29, 2025, 7:50 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
3,200,000 | 334,354,194 |
104.49×
|
|
NII
Non-Institutional Investors
|
2,400,000 | 533,128,918 |
222.14×
|
|
bNII
Bids above ₹10L
|
1,600,000 | 399,681,294 |
249.80×
|
|
sNII
Bids below ₹10L
|
800,000 | 133,447,624 |
166.81×
|
|
Retail
Retail Individual Investors
|
5,600,000 | 221,158,184 |
39.49×
|
|
Total
|
11,200,000 | 1,088,641,296 |
97.20×
|
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times |
|---|---|---|---|
| QIB | 3,200,000 | 334,354,194 | 104.49× |
| NII | 2,400,000 | 533,128,918 | 222.14× |
| bNII | 1,600,000 | 399,681,294 | 249.80× |
| sNII | 800,000 | 133,447,624 | 166.81× |
| Retail | 5,600,000 | 221,158,184 | 39.49× |
| Total | 11,200,000 | 1,088,641,296 | 97.20× |
As of May 29, 2025, the Prostarm Info Systems IPO has been subscribed 97.20 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest.
The Prostarm Info Systems IPO subscription window was open from May 27, 2025 to May 29, 2025. Investors could apply through their demat account or ASBA facility.
The Prostarm Info Systems IPO has a price band of ₹95 to ₹105 per share, with a lot size of 142 shares. Minimum retail investment: ₹13,490 (lower band) or ₹14,910 (upper band).
The QIB category has been subscribed 104.49 times. QIBs were offered 3,200,000 shares. Strong QIB subscription indicates high institutional confidence.
Retail investors subscribed 39.49 times. Retail was offered 5,600,000 shares. High retail subscription reflects strong small-investor interest.
Overall NII: 222.14×. bNII (>₹10L): 249.80×, sNII (<₹10L): 166.81×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on May 30, 2025. Check via the registrar's website, KFin Technologies Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
Prostarm Info Systems IPO is expected to list on June 03, 2025. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 97.20× means investors have bid for 97.20 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of 39.49×, the estimated allotment probability for retail investors is Low–Moderate. Lottery-based allotment. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.
You can apply for Prostarm Info Systems IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from May 27 to May 29, 2025.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Prostarm Info Systems IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
May 27, 2025Subscription Closes Done
May 29, 2025Basis of Allotment Done
May 30, 2025Listing on NSE,BSE Done
Jun 03, 2025Lottery-based allotment. Based on retail subscription of 39.49×.
Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has equal odds regardless of lot size applied.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.