PRO FX Tech Limited (NSE SME)
June 26, 2025 – June 30, 2025
| Price | ₹82 - ₹87 |
| Premium | ₹0 |
|---|---|
| Lot size | 1600 |
| Allotment | Jul 1, 2025 |
| Listing | Jul 3, 2025 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail (10000 to 2 lakh) | 1 | 1600 | 139200 | 961 |
| HNI (2 lakh to 5 lakh) | 2 | 3200 | 278400 | 412 |
IPO Details
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.20% | 1537600 |
| NII (HNI) | 14.23% | 659200 |
| Anchor | 28.43% | 1316800 |
| QIB | 18.96% | 878400 |
| Market Maker | 5.18% | 240000 |
| Total | 100.00% | 4632000 |
PRO FX Tech IPO Details
| Issue Size | 46,32,000 shares (aggregating up to ₹[40.29] Cr) |
| Fresh Issue | 46,32,000 shares (aggregating up to ₹[40.29] Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,28,71,686 shares |
| Share Holding Post Issue | 1,75,03,686 shares |
| Market Maker's Portion | 2,40,000 Shares |
| Market Maker | Hem Finlease |
Key Performance Indicator (KPI)
| KPI | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 39.71% | 47.07% | 53.79% |
| ROCE | 43.58% | 45.55% | 52.73% |
| RONW | 33.15% | 38.18% | 41.30% |
| EPS (basic) | 9.51 | 7.33 | 4.93 |
| P/E Pre IPO | 9.15 | ||
| P/E Post IPO | 12.44 |
Company Financials In Crores
| Period Ended | Mar-25 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 66.2 | 46.4 | 37.5 | 33.0 |
| Revenue | 130.1 | 110.9 | 96.3 | 86.3 |
| Profit After Tax | 12.2 | 9.4 | 6.4 | 4.3 |
| EBITDA | 17.1 | 14.4 | 10.1 | 7.4 |
| Net Worth | 36.9 | 24.7 | 15.4 | 8.2 |
| Reserves and Surplus | 24.6 | 12.3 | 15.8 | 9.4 |
| Total Borrowing | 2.1 | 3.8 | 0.6 | 1.6 |
PRO FX Tech Limited – Company Overview
Established: 2006
Core Business: Distribution and customization of high-end audio-visual (AV) products and solutions.
Product Portfolio
- AV Hardware: Amplifiers, processors, turntables, audio streamers, speakers, subwoofers, soundbars, and cables.
- Solutions: Custom designs for home theaters, automation, multi-room audio, and corporate setups.
- Brand Partnerships: Official distributor for Denon, Polk, JBL, and others, ensuring cutting-edge technology and global standards.
Market Presence
Retail Footprint: 7 showrooms + 2 experience centers across 6 cities (Mumbai, Bangalore, Chennai, Coimbatore, Mysore, Ernakulam).
Team: 104 employees (as of August 2024), including: 49 sales/marketing professionals 43 technical support specialists.
PRO FX Tech IPO Fund Utilization
The net proceeds from the IPO will be allocated as follows:
₹20 million → Repayment of a portion of company borrowings.
₹71.79 million → Capital expenditure for setting up 3 new Showroom cum Experience Centres.
Working Capital Requirements → To meet operational needs (amount not specified).
General Corporate Purposes → For ongoing business needs (amount not specified).
Strength
Nationwide Presence: Robust retail and distribution network across major Indian metros.
Superior Support: Skilled technical teams ensuring smooth installation and after-sales service.
Global Alliances: Exclusive partnerships with top international brands.
Weakness
Dependence on Suppliers: Heavy reliance on global and domestic suppliers without firm commitments may disrupt operations if relationships deteriorate or products are unsatisfactory.
Cost and Supply Volatility: Inability to pass on increased input costs or manage supply delays and price fluctuations of finished goods may adversely affect profitability.
Contractual Risk: Termination or adverse changes in distribution agreements could significantly impact business continuity and financial performance.
Lead Manager(s)
Address
PROFX Global Theatre, Ground Floor, 84
Barton Centre,
Mahatma Gandhi Road,
Bangalore Urban, Karnataka, 560001
Phone: +91 8041122539
Email: info@profx.com
Website: https://profx.com/