PRO FX Tech was incorporated on November 08, 2006. The company distributes AV products like amplifiers, speakers, and audio systems, and designs custom AV solutions for homes and corporates. It partners with global brands and offers after-sales support to ensure top-quality service and performance
| Bidding Dates |
|---|
| 26 Jun 2025 - 30 Jun 2025 |
| Subscription |
|---|
| 23.65x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,31,200 | 1 | 1 | 1600 | 4.6 M | ₹82 - ₹87 | 50.3 % | ₹379.8 M - ₹403.0 M | RHP DOC |
PRO FX Tech IPO SUBSCRIPTION STATUS
30 Jun '25PRO FX Tech IPO overall subscription rate was 23.65 times the total available shares
PRO FX Tech IPO retail subscription rate was 18.67 times in the retail segment
PRO FX Tech IPO non-institutional investor subscription rate was 75.19 times in the non-institutional investor category
PRO FX Tech IPO Qualified Institutional Bidder subscription rate was 11.67 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
30 Jun 2025 (Day 3) | 18.67x | 75.19x | 11.67x |
27 Jun 2025 (Day 2) | 0.62x | 1.39x | 1.88x |
26 Jun 2025 (Day 1) | 0.21x | 1.26x | 1.88x |
PRO FX Tech FINANCIALS
| Period | Net Profit (Rs in crore) | Revenue from Operations (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 12.2 | 129.4 | 3.0 | 2.7 | 13.2% |
| FY24 | 9.4 | 110.5 | 0.9 | 0.7 | 13.0% |
| FY23 | 6.3 | 95.8 | -1.6 | -1.8 | 10.6% |
PRO FX Tech IPO SUBSCRIPTION STATUS DETAILS
PRO FX Tech had 4.6 M shares on offer
PRO FX Tech IPO offer price was in the range ₹82 - ₹87
PRO FX Tech IPO minimum Investment was ₹131200
PRO FX Tech IPO issue size was ₹ 379.8 M - ₹ 403.0 M
PRO FX Tech had a minimum lot size of 1600 Shares per application
PRO FX Tech NUMBER OF SHARES ON OFFER
PRO FX Tech IPO IMPORTANT DATES
| Issue Open Date | 26 Jun 2025 |
| Issue close Date | 30 Jun 2025 |
| Allotment Date | 01 Jul 2025 |
| Refund Date | 02 Jul 2025 |
| Demat Account Credit Date | 02 Jul 2025 |
| Listing Date | 03 Jul 2025 |
| Listing on Exchange(s) | NSE |
| PRO FX Tech Allotment Status | Exchange/ Registrar |
PRO FX Tech IPO subscription opened on 26 Jun 2025, and closed on 30 Jun 2025
IPO allotment for PRO FX Tech was finalized on Tuesday, 01 Jul 2025
IPO listing for PRO FX Tech was on NSE on Thursday, 03 Jul 2025
PRO FX Tech IPO LISTING GAINS
| Issue Price (adjusted) | 87.0 |
| Listing Open Price | 95.0 |
| Listing Close Price | 99.8 |
| Listing Gain% | 9.2% |
| Current Gain% | -15.6% |
PRO FX Tech Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PRO FX Tech Ltd. | 73.4 | 128.5 | 8.5 | 0.4 | 0.7 | 17 | 13.5 | 177.8 | 36.7 | 15.2 | 24 | 8.7 | 24 |
| Gretex Industries Ltd. | 289 | 448.1 | 304.4 | -26.1 | 8 | 2.8 | 2.2 | 57.1 | 54.4 | 1.5 | 3.9 | 0.9 | -11.7 |
| Akiko Global Services Ltd. | 323.6 | 348.5 | 22.7 | 0.1 | 1.6 | 25.6 | 14.2 | 173 | 126.4 | 15.3 | 107.5 | 14.2 | 185.9 |
| Shiv Texchem Ltd. | 112.1 | 259.8 | 3.3 | 19 | 5.2 | 2782.1 | 26.2 | 77.8 | 61.7 | 33.6 | |||
| Purple Wave Infocom Ltd. | 258 | 238.5 | 17.8 | 23.3 | 14.3 | 146.3 | 16 | 13.4 | 47.3 | 14.5 | |||
| Nanta Tech Ltd. | 387.6 | 198.8 | 24.3 | 16.3 | 10.2 | 70.2 | 36.9 | 8.2 | 74.5 | 15.9 |
PRO FX Tech INFORMATION ON IPO ISSUE
About PRO FX Tech
PRO FX Tech was incorporated on November 08, 2006. The company distributes AV products like amplifiers, speakers, and audio systems, and designs custom AV solutions for homes and corporates. It partners with global brands and offers after-sales support to ensure top-quality service and performance
Object of the Issue
- Repayment of a portion of certain borrowing availed by the company
- Funding capital expenditure towards setting-up of 3 new showroom cum experience centres
- To meet working capital requirements
- General corporate purposes
PRO FX Tech - PROMOTERS
| Name |
|---|
| Manmohan Ganesh |
| Shreya Nambiar |
PRO FX Tech Book Running Lead Manager
HEM Securities Limited
ib@hemsecurities.com
PRO FX Tech Registrar to the issue
Cameo Corporate Services Limited
ipo@cameoindia.com
PRO FX Tech Strengths
Distribution network
The company holds distribution rights for top global AV brands and operates a wide dealer network across India, offering customers access to premium and innovative audio-video products
Service infrastructure
The company ensures long-term product performance through quality offerings and tailored after-sales services. With 28 service centers, including 10 company-run and 18 franchised, it provides installation, programming, and support for premium AV products
Marketing strategies
The company’s in-house marketing team promotes the brand through social media, press releases, website, trade shows, and in-store materials. These efforts boost visibility, share product updates, and engage target customers effectively
PRO FX Tech Risks
Supplier dependency
The company relies on global suppliers and vendors, and any disruption or poor-quality supply may affect operations. Cost increases from suppliers may not be fully passed on to customers, impacting margins
Agreement renewal
Termination, non-renewal, or unfavorable changes to distribution agreements could significantly impact the company’s business continuity and future financial performance
Disruptions in supply of goods
The company’s profitability depends on the steady supply of finished products. Reliance on third-party suppliers without firm commitments increases the risk of disruptions, potentially affecting operations and financial performance
IPO FAQs
The promoters of the company are Manmohan Ganesh and Shreya Nambiar.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 82.0 - 87.0.
The IPO application opens on Jun 26, 2025 and closes on Jun 30, 2025.
The minimum lot size for the IPO is 1600. The maximum lot size for the IPO is 1600.
For all category investors, the minimum application amount for this IPO is Rs. 131,200.0, the maximum value for this IPO is Rs 139,200.0.
This IPO will be allotted on Jul 01, 2025.
The refund will be credited to your account on Jul 02, 2025.
The allotted shares will be credited to your demat on Jul 02, 2025.
PRO FX Tech Ltd.’s shares listed on the stock exchanges on Jul 03, 2025.