To apply for the Prostarm Info Systems IPO, investors can use the online ASBA (Application Supported by Blocked Amount) process through their bank or trading account. Log in to your net banking or brokerage platform, navigate to the IPO section, and select "Prostarm Info Systems IPO" from the active listings. Enter the number of lots you wish to apply for, provide your UPI ID if required, and submit the application. Ensure that sufficient funds are maintained in your linked bank account to authorise the mandate. After submission, confirm the UPI mandate before the deadline to complete the application process successfully. Once submitted, investors can track their IPO application status through the respective platforms or registrar’s website.
For complete details on this public offering, visit the Aegis Vopak Terminals IPO page on Bajaj Broking’s website.
Aegis Vopak Terminals IPO Application Process
The Aegis Vopak Terminals IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Step 1: Login to Your Trading Platform
Access your trading account using Bajaj Broking’s app or website.
Step 2: Navigate to the IPO Section
Go to the IPO section to view active IPO listings.
Step 3: Select the Open IPO and Click Apply
Locate Aegis Vopak Terminals IPO in the list of available IPOs and click the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares (minimum lot size: 63 shares) within the price band of ₹223 to ₹235 per share.
Step 5: Provide Your UPI ID
Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.
Step 6: Confirm the Application
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Step 7: Complete the Process and Wait for Allotment
Submit the application and monitor the allotment status to check if shares have been allocated to you.
How to Check Aegis Vopak Terminals IPO Allotment Status?
Once the allotment for Aegis Vopak Terminals IPO is finalized, investors can check their status online using the following steps:
Step 1: Visit the Official Website of the IPO's Registrar
Access the registrar’s portal for allotment status updates.
Step 2: Navigate to the IPO Allotment Status Page
Locate the specific section for IPO allotment on the website.
Step 3: Enter Your PAN Number, Demat ID, or Application Number
Provide the necessary details to retrieve your application status.
Step 4: Click on 'Submit' or 'Check Status'
Verify the allotment details displayed on the screen.
Step 5: Alternative Check on Stock Exchange Websites
Visit BSE or NSE websites and follow the IPO allotment instructions.
Step 6: Check via Bajaj Broking Website
Log in to Bajaj Broking, access the IPO section, and view your allotment updates in the IPO Allotment Status.
About Aegis Vopak Terminals IPO: Overview and Key Facts
Prostarm Info Systems Limited, established in 2008 and headquartered in Navi Mumbai, specializes in power solution products under the 'Prostarm' brand. The company manufactures a range of products including UPS systems, inverters, solar hybrid inverters, and lithium-ion battery packs. It also undertakes rooftop solar photovoltaic power plant projects on an EPC basis. With three manufacturing facilities in Maharashtra and a network of 22 branch offices across 17 states and one union territory, Prostarm has catered to over 700 clients in FY24, including notable names like Larsen & Toubro, Tata Power, and Bajaj Finance .
The company has received in-principle approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO). The IPO comprises a fresh issue of up to 1.6 crore equity shares of face value ₹10 each. The proceeds from the issue will be utilized for funding working capital requirements, repayment of debt, pursuing inorganic growth opportunities, strategic initiatives, and general corporate purposes . Choice Capital Advisors Pvt Ltd is the book-running lead manager, and KFin Technologies is the registrar to the issue.
In FY24, Prostarm reported a net profit of ₹22.8 crore, marking an 18% increase from the previous fiscal year. Revenue from operations rose by 12% to ₹257.9 crore during the same period . The company's shares are proposed to be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) .
To check your application status, visit the Aegis Vopak Terminals IPO Allotment Status page on Bajaj Broking’s website.