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PRO FX Tech IPO Details

26 June - 30 June 2025 Closed
SME NSE

The PRO FX Tech IPO is a book build issue with a total issue size of ₹38.21 cr, comprising of fresh issue of 4392000 equity shares. PRO FX Tech IPO opened for subscription on Jun 26, 2025 and closed on Jun 30, 2025. PRO FX Tech IPO is set price band at ₹82 to ₹87 per share, with a lot size of 1600 shares. Minimum investment for Retail investors was ₹278,400.00 (at the upper price band) to apply for one lot.

The basis of allotment got finalized on Jul 01, 2025, and listed on the NSE on Jul 03, 2025.

Cameo Corporate Services Limited has been appointed as the registrar. Hem Securities Limited are the Book Running Lead Manager for the issue.

Before investing in the PRO FX Tech IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.

Price Band
₹ 82 – 87
Lot Size
1600
Issue Size
₹38.21 Cr
Minimum Investment
₹278400 (3200 Shares)
Listing Date
03 July 2025

Current GMP

₹13 (+14.94%)

Open Date 26 June, 2025
Close Date 30 June, 2025
Market Cap -
Industry
Sector
Subscription 25.5x

*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.

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

  1. Manmohan Ganesh
  2. 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:

  1. Repayment of a portion of certain borrowing availed by the Company
  2. Funding capital expenditure towards setting-up of 3 new Showroom cum experience centres (“Showroom”)
  3. To meet Working Capital requirements
  4. 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

Face Value₹10 per share
Price Band₹ 82 – 87
Lot Size1600
Issue TypeBook-building IPO
Sale Type
Fresh Issue₹ 38.21 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 38.21 Cr
Listing AtNSE
Industry
Sector
QIB Quota28.56%
Retail Quota50%

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 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.

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 per share.

PRO FX Tech IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹278400 based on the upper price band

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.

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.

PRO FX Tech IPO issue size is ₹38.21 crores.

PRO FX Tech IPO allotment date is Wed, Jul 1, 2026.

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.

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 0% over the issue price.