PRO FX Tech IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Thu, 26 Jun 2025
Close Date
Mon, 30 Jun 2025
Price Band
₹ 82 – 87
Lot Size
1600
Issue Size
₹ 38.21 Cr
Minimum Investment
₹ 278,400 (3200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
PRO FX Tech IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹38.21 Crore, comprising a fresh issue of 43.92 Lakh equity shares aggregating to ₹38.21 Crore.
The PRO FX Tech IPO remained open for subscription from June 26, 2025, to June 30, 2025. The basis of allotment was finalized on July 01, 2025, and the company's shares were listed on NSE SME Platform on July 03, 2025.
The company had fixed the price band at ₹82 to ₹87 per share, with a lot size of 1600 shares. Retail investors were required to make a minimum investment of ₹278,400 (based on the upper price band) to apply for one lot.
Cameo Corporate Services Limited served as the registrar to the issue. Hem Securities Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, PRO FX Tech Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
PRO FX Tech IPO Timeline (Tentative)
- IPO Open Date
- Thu, 26 Jun 25
- IPO Close Date
- Mon, 30 Jun 25
- Basis of Allotment
- Tue, 01 Jul 25
- Initiation of Refunds
- Wed, 02 Jul 25
- Credit of Shares to Demat
- Wed, 02 Jul 25
- Listing Date
- Thu, 03 Jul 25 — NSE & BSE
Open Date
26 June 2025
Close Date
30 June 2025
Basis Of Allotment
01 July 2025
Listing Date
03 July 2025
IPO Subscription
Check Live Subscription →The PRO FX Tech IPO has received bids for 7,84,08,000 shares against 30,75,200 shares offered, resulting in an overall subscription of 25.5x. the NII category is subscribed 56.72x, Retail Investors 14.09x, and QIBs 22.03x.
QIB
22.03x
NII
56.72x
RII
14.09x
Total
25.5x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 15,37,600 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 8,78,400 shares (28.56%), while Non-Institutional Investors (NIIs) receive 6,59,200 shares (21.44%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 878,400 | 28.56% |
| Non-Institutional | 659,200 | 21.44% |
| Retail Investors | 1,537,600 | 50% |
| Total | 3,075,200 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
PRO FX Tech Limited KPI Information
| Particular | KPI as of Mar 31, 2025. |
|---|---|
| ROE % | 39.71 |
| ROCE % | 45.55 |
| Debt / Equity | 0.06 |
| RoNW % | 33.15 |
| Pat Margin % | 9.41 |
Peers Comparison
No Peer Comparision Available
About PRO FX Tech Limited
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.)
PRO FX Tech IPO Promoters
- Manmohan Ganesh
- Shreya Nambiar
Promoters Holding
Holding Pre Issue
68.40%
Holding Post Issue
50.30%
PRO FX Tech IPO Objective
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
PRO FX Tech Limited Address / Contact Details
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
PRO FX Tech IPO Lot Size
The PRO FX Tech IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹1,39,200 by applying for 1 lot (1,600 shares). The maximum application allowed for the retail category is 1 lots (1,600 shares), requiring an investment of ₹1,39,200.
| 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 |
Issue Reservation
- QIB — 28.56%
- NII — 21.44%
- RII — 50%
Book Running Lead Managers
- Hem Securities Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the PRO FX Tech IPO?
PRO FX Tech IPO is a Book-building IPO with a total issue size of ₹38.21 crore. The PRO FX Tech IPO price band is ₹82 to 87 per share. The PRO FX Tech IPO subscription opens on Thu, Jun 26, 2025, and closes on Mon, Jun 30, 2025. The PRO FX Tech IPO will be listed on the NSE. Cameo Corporate Services Limited is the registrar for the PRO FX Tech IPO.
When will the PRO FX Tech IPO open for subscription?
The PRO FX Tech IPO opens on Thu, Jun 26, 2025 and closes on Mon, Jun 30, 2025
What is PRO FX Tech IPO Price Band?
PRO FX Tech IPO Price Band is ₹82 to 87 per share.
What is PRO FX Tech IPO Lot Size?
PRO FX Tech IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹278400 based on the upper price band
What is the minimum investment for PRO FX Tech IPO?
The minimum investment for PRO FX Tech IPO is ₹278400, based on one lot of 1600 shares at the upper price band of ₹87 per share.
How to apply for PRO FX Tech IPO?
Investors can apply for the PRO FX Tech IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Jun 30, 2025. The application amount remains blocked until the PRO FX Tech IPO allotment is finalized.
What is PRO FX Tech IPO Issue Size?
PRO FX Tech IPO issue size is ₹38.21 crores.
What is the PRO FX Tech IPO Allotment Date?
PRO FX Tech IPO allotment date is Tue, Jul 1, 2025.
Who is the PRO FX Tech IPO Registrar?
The registrar for PRO FX Tech IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website to check PRO FX Tech IPO allotment status, refund processing, and other IPO-related information.
What is the PRO FX Tech IPO GMP?
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 14.94% over the issue price.
Who is the PRO FX Tech IPO Lead Manager?
The book-running lead managers (BRLMs) for the PRO FX Tech IPO are Hem Securities Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the PRO FX Tech IPO Red Herring Prospectus (RHP).