IPO Schedule
1
Open
24 Sept
2
Close
26 Sept
3
Allotment
29 Sept
4
Listing
1 Oct
Praruh Technologies Ltd IPO
Issue:₹63
List:₹63
CMP:₹55
NSELot: 2000IT - Software
LISTEDSME
Issue Price₹63
Listing₹63
Current₹55
Content
About Praruh Technologies Ltd
Praruh Technologies Ltd. is an SME focused on [Insert industry and specific services/products here, e.g., providing IT infrastructure solutions and software development services to small and medium-sized enterprises]. Their operations primarily involve [Insert key operational aspects, e.g., offering customized software solutions, cloud computing services, and network security solutions].
Subscription Status
QIB
0.00x
NII
0.59x
Retail
0.12x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 1.01x | 0.34x | 0.00x |
| NII | 2.14x | 0.48x | 0.59x |
| Retail | 0.93x | 0.38x | 0.12x |
| Total | 1.21x | 0.39x | 0.19x |
Risk Factors
•As an SME, Praruh Technologies Ltd. may face challenges related to limited resources and scalability compared to larger competitors.
•The issue size of ₹23.5 Cr represents a relatively small IPO, potentially leading to limited liquidity in the secondary market.
•[Insert risk specific to company operations or industry - e.g., Dependence on a small number of key clients could pose a risk to revenue stability.]
Promoters & Management
The key management personnel of Praruh Technologies Limited are: Vishal Prakash: Managing Director, with over 19 years of experience in the IT industry. Jitender Kumar: Chief Financial Officer, with over 4 years of experience in accounts and finance. Geeta Kumari: Company Secretary & Compliance Officer, with over 5 years of experience in corporate governance and legal functions. Rahul Sharma: Whole Time Director, with over 18 years of experience in financial management and business development. Amar Deep Sharma: Whole Time Director, with over 19 years of experience in technology leadership and solution design. The board of directors includes independent directors such as Vijay Kumar Pandey and Sunil Kumar Gulati.