PRO FX Tech IPO
Open SmeCurrent GMP
₹13 (+14.94%)
Price Band
₹ 82 – 87
Lot Size
1600
Issue Size
₹38.21 Cr
Minimum Investment
₹278400 (3200 Shares)
Listing Date
03 July 2025
Subscription
25.5x
About the Company
PRO FX Tech Limited, established in 2006, is a leading distributor of premium Audio-Video (AV) products and a provider of customized AV solutions across India. The company’s portfolio includes amplifiers, processors, turntables, audio streamers, speakers, subwoofers, soundbars, and cables, catering to both residential and commercial clients.
In addition to distribution, PRO FX is widely recognized for its expertise in designing and delivering bespoke AV solutions, including home theaters, home automation systems, multi-room audio, and corporate AV installations.
Brand Partnerships and Distribution
PRO FX holds exclusive distribution rights for a portfolio of world-renowned AV brands, including:
- Denon
- Polk
- Definitive Technology
- KEF
- Theory
- Pro Audio Technology
- JBL
- Revel
These partnerships ensure access to the latest innovations in global AV technology, backed by reliable product quality and brand reputation.
The company supports a pan-India dealer network and operates 28 service centers, comprising both company-owned and franchise-managed facilities.
Retail and Experience Centers
PRO FX showcases its product offerings through:
- 7 exclusive showrooms
- 2 experience centers
These are strategically located across six cities: Ernakulam, Mysore, Mumbai, Bengaluru, Coimbatore, and Chennai, enabling customers to engage with the brand and experience its solutions firsthand.
Team and Infrastructure
As of March 31, 2025, PRO FX Tech employs 117 professionals, including:
- 50 sales and marketing personnel
- 45 technical support specialists
(Previously, as of August 31, 2024, the headcount stood at 104.)
Promoters
- Manmohan Ganesh
- Shreya Nambiar
Promoters Holding
Holding Pre Issue
68.40%
Holding Post Issue
50.30%
Objects of the Issue
The Company PRO FX Tech IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Repayment of a portion of certain borrowing availed by the Company
- Funding capital expenditure towards setting-up of 3 new Showroom cum experience centres (“Showroom”)
- To meet Working Capital requirements
- General Corporate Purpose
Address / Contact Info
PRO FX Tech Limited
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/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Thursday, 26 June 2025
IPO Close Date
Monday, 30 June 2025
Basis of Allotment
Tuesday, 01 July 2025
Initiation of Refunds
Wednesday, 02 July 2025
Credit of Shares to Demat
Wednesday, 02 July 2025
Listing Date
Thursday, 03 July 2025 — NSE & BSE
Important Dates
Open Date
26 June 2025
Close Date
30 June 2025
Basis Of Allotment
01 July 2025
Listing Date
03 July 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 66.15 | 46.41 | 37.5 | 32.95 |
| Revenue | 130.05 | 110.94 | 96.26 | 86.25 |
| Profit After Tax | 12.24 | 9.44 | 6.35 | 4.28 |
| Net Worth | 36.91 | 24.72 | 15.37 | 8.23 |
| Reserve & Surplus | 24.56 | 12.33 | 15.75 | 9.4 |
| Total Borrowings | 2.05 | 3.82 | 0.62 | 1.55 |
EPS Pre
9.51%
EPS Post
6.99%
P/E Pre
9.15
P/E (Post Issue)
12.44x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mar 31, 2025. |
|---|---|
| ROE % | 39.71 |
| ROCE % | 45.55 |
| Debt / Equity | 0.06 |
| RoNW % | 33.15 |
| PbW | 0 |
| Pat Margin % | 9.41 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 878400 | 28.56 | 0 |
| Non-Institutional | 659200 | 21.44 | 0 |
| Retail Investors | 1537600 | 50 | 0 |
| Total | 3075200 | 100 | 0 |
Subscription Status ( Mon, 30 Jun 25 01:59 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 878400 | 19350400 | 22.03x |
| Non-Institutional | 659200 | 37390400 | 56.72x |
| Retail Investors | 1537600 | 21667200 | 14.09x |
| Total | 3075200 | 78408000 | 25.5x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | 139,200.00 |
| Retail (Max) | 1 | 1,600 | 139,200.00 |
| S-HNI (Min) | 2 | 3,200 | 278,400.00 |
Registrar
Cameo Corporate Services Limited
044 - 2846 0390/91/92/93/94/95
cameo@cameoindia.com
https://cameoindia.com
Book Running Lead Managers
- Hem Securities Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
PRO FX Tech IPO is a Book-building IPO worth ₹38.21 crores. The price band is ₹82 to 87 per share. The IPO opens on Thu, Jun 26, 2025 and closes on Mon, Jun 30, 2025. It will be listed on BSE and NSE. Cameo Corporate Services Limited is the registrar.
The PRO FX Tech IPO opens on Thu, Jun 26, 2025 and closes on Mon, Jun 30, 2025
PRO FX Tech IPO Price Band is ₹82 to 87.
PRO FX Tech IPO lot size is 1600, and the minimum amount required for application is ₹278400.
The minimum investment for PRO FX Tech IPO is approximately ₹278400 based on the upper price band.
To apply for the PRO FX Tech IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Mon, Jun 30, 2025. After submission, funds are blocked until the basis of allotment of PRO FX Tech IPO is finalised.
PRO FX Tech IPO issue size is ₹38.21 crores.
PRO FX Tech IPO allotment date is Sat, Jun 27, 2026.
The registrar for PRO FX Tech IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website for IPO allotment status, refund processing, and other queries related to PRO FX Tech IPO through their official website or helpline.
The PRO FX Tech IPO GMP (Grey Market Premium) is ₹13 as of Thu, Jul 3, 2025. Based on the upper price band of ₹87 per share, the estimated PRO FX Tech IPO listing price is ₹100, indicating a potential listing gain of approximately 31% over the issue price.