Prodocs Solutions IPO
GMP, Subscription, Price, Dates & Financial Details
It - Software
Prodocs Solutions Limited, incorporated in March 2019, is an IT Enabled Services (ITES/BPO) company specializing in non-voice business process outsourcing. The company delivers a diverse range of back-office support services to clients primarily based in the United States and Australia.Prodocs…
Open Date
Mon, 08 Dec 2025
Close Date
Wed, 10 Dec 2025
Price Band
₹ 131 – 138
Lot Size
1000
Issue Size
₹ 27.60 Cr
Minimum Investment
₹ 276,000 (2000 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
Prodocs Solutions IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹27.60 Crore, comprising a fresh issue of 15.00 Lakh equity shares aggregating to ₹20.70 Crore and an offer for sale (OFS) of 4.00 Lakh equity shares aggregating to ₹5.52 Crore by the existing shareholders.
The Prodocs Solutions IPO remained open for subscription from December 08, 2025, to December 10, 2025. The basis of allotment was finalized on December 11, 2025, and the company's shares were listed on BSE SME Platform on December 15, 2025.
The company had fixed the price band at ₹131 to ₹138 per share, with a lot size of 1000 shares. Retail investors were required to make a minimum investment of ₹276,000 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Cumulative Capital Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Prodocs Solutions Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Prodocs Solutions IPO Timeline (Tentative)
- IPO Open Date
- Mon, 08 Dec 25
- IPO Close Date
- Wed, 10 Dec 25
- Basis of Allotment
- Thu, 11 Dec 25
- Initiation of Refunds
- Fri, 12 Dec 25
- Credit of Shares to Demat
- Fri, 12 Dec 25
- Listing Date
- Mon, 15 Dec 25 — NSE & BSE
Open Date
08 December 2025
Close Date
10 December 2025
Basis Of Allotment
11 December 2025
Listing Date
15 December 2025
IPO Subscription
Check Live Subscription →The Prodocs Solutions IPO has received bids for 36,73,000 shares against 13,42,000 shares offered, resulting in an overall subscription of 2.74x. the NII category is subscribed 4.95x, Retail Investors 2.38x, and QIBs 1.59x.
QIB
1.59x
NII
4.95x
RII
2.38x
Total
2.74x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 6,70,000 shares, representing 49.93% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 3,72,000 shares (27.72%), while Non-Institutional Investors (NIIs) receive 3,00,000 shares (22.35%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 372,000 | 27.72% |
| Non-Institutional | 300,000 | 22.35% |
| BNII | 198,000 | 14.75% |
| SNII | 102,000 | 7.6% |
| Retail Investors | 670,000 | 49.93% |
| Total | 1,342,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 28.92 | 12.98 | 7.65 | 5.19 |
| Revenue | 30.29 | 45.66 | 36.81 | 9.96 |
| Profit After Tax | 3.27 | 3.09 | 1.5 | 0.18 |
| Net Worth | 17.42 | 5.75 | 2.76 | 1.26 |
| Reserve & Surplus | 0 | 0 | 0 | 0 |
| Total Borrowings | 5.58 | 2.15 | 0.85 | 2.04 |
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.
Prodocs Solutions Limited KPI Information
| Particular | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|
| ROE % | 72.57 | 74.8 | 26.68 |
| ROCE % | 52.43 | 54.94 | 7.88 |
| Debt / Equity | 0.37 | 0.31 | 1.62 |
| RoNW % | 72.57 | 74.8 | 26.68 |
| Pat Margin % | 6.76 | 4.08 | 1.79 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Prodocs Solutions Ltd (Consolidated) | 10 | 0.00 | 6.68 | 6.68 | 15.87 | 42.09 |
| Prodocs Solutions Ltd (Standalone) | 10 | 0.00 | 6.29 | 6.29 | 15.27 | 41.16 |
| Airan Ltd(Consolidated) | 2 | 14.38 | 14.38 | 1.46 | 13.88 | 11.54 |
| Dev Information Technology Limited (Consolidated) | 2 | 6.11 | 6.12 | 6.60 | 13.83 | 12.18 |
| Riddhi Corporate Services Limited (Standalone) | 10 | 6.10 | 6.10 | 11.41 | 21.58 | 58.05 |
About Prodocs Solutions Limited
Prodocs Solutions Limited, incorporated in March 2019, is an IT Enabled Services (ITES/BPO) company specializing in non-voice business process outsourcing. The company delivers a diverse range of back-office support services to clients primarily based in the United States and Australia.
Prodocs Solutions has developed expertise across multiple non-voice BPO verticals, including indexing, title services, e-publishing, finance and accounting, and litigation support. Its offshore service delivery model is designed to meet the specific operational and quality requirements of its international clientele.
Core Services
1. Title Services
The company provides title insurance and related information services that support real estate and mortgage settlement processes in the United States and select international markets.
2. e-Publishing Services
Prodocs Solutions offers end-to-end digital publishing services, covering various stages of content processing, formatting, and delivery.
3. Indexing Services
The company delivers indexing services to clients in the US, Australia, and the UK. It processes a wide range of documents, including traffic citations, rebate coupons, and medical forms.
Workforce
As of December 31, 2024, Prodocs Solutions Limited employed 1,180 professionals across its service divisions.
Prodocs Solutions IPO Promoters
- Nidhi Parth Sheth
- Manan H Kothari
- Pallavi Hiren Kothari
- Onus Digital Services Private Limited
Promoters Holding
Holding Pre Issue
74.31%
Holding Post Issue
0.00%
Prodocs Solutions IPO Objective
The Company Prodocs Solutions IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Design, development, implementation & support for a tailored software to meet the specific needs of the Company
- Funding capital expenditure towards purchase & installation of IT equipment, computer hardware, and other ancillary equipment
- Repayment and/or pre-payment, in full or part, of certain outstanding borrowings availed by our Company
- Funding working capital requirements of our Company
- General corporate purposes
Prodocs Solutions Limited Address / Contact Details
Prodocs Solutions Ltd.
6/19, 1st Floor, Transmission House,
Compound No. 82, MIDC,
Near M.V. Road, Andheri East,
Mumbai, Maharashtra, 400059
Phone: +91 22 6231 5800
Email: secretarial@prodocssolution.com
Website: http://www.prodocssolution.com/
IPO Snapshot
Prodocs Solutions IPO Lot Size
The Prodocs Solutions IPO has a lot size of 1,000 shares. Retail investors require a minimum investment of ₹2,76,000 by applying for 2 lot (2,000 shares). The maximum application allowed for the retail category is 2 lots (2,000 shares), requiring an investment of ₹2,76,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | 276,000.00 |
| Retail (Max) | 2 | 2,000 | 276,000.00 |
| S-HNI (Min) | 3 | 3,000 | 414,000.00 |
| S-HNI (Max) | 7 | 7,000 | 966,000.00 |
| B-HNI (Min) | 8 | 8,000 | 1,104,000.00 |
Issue Reservation
- QIB — 27.72%
- NII — 22.35%
- RII — 49.93%
Book Running Lead Managers
- Cumulative Capital Private 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 Prodocs Solutions IPO?
Prodocs Solutions IPO is a Book-building IPO with a total issue size of ₹27.6 crore. The Prodocs Solutions IPO price band is ₹131 to 138 per share. The Prodocs Solutions IPO subscription opens on Mon, Dec 8, 2025, and closes on Wed, Dec 10, 2025. The Prodocs Solutions IPO will be listed on the BSE. MUFG Intime India Private Limited is the registrar for the Prodocs Solutions IPO.
When will the Prodocs Solutions IPO open for subscription?
The Prodocs Solutions IPO opens on Mon, Dec 8, 2025 and closes on Wed, Dec 10, 2025
What is Prodocs Solutions IPO Price Band?
Prodocs Solutions IPO Price Band is ₹131 to 138 per share.
What is Prodocs Solutions IPO Lot Size?
Prodocs Solutions IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹276000 based on the upper price band
What is the minimum investment for Prodocs Solutions IPO?
The minimum investment for Prodocs Solutions IPO is ₹276000, based on one lot of 1000 shares at the upper price band of ₹138 per share.
How to apply for Prodocs Solutions IPO?
Investors can apply for the Prodocs Solutions 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 Wed, Dec 10, 2025. The application amount remains blocked until the Prodocs Solutions IPO allotment is finalized.
What is Prodocs Solutions IPO Issue Size?
Prodocs Solutions IPO issue size is ₹27.6 crores.
What is the Prodocs Solutions IPO Allotment Date?
Prodocs Solutions IPO allotment date is Thu, Dec 11, 2025.
Who is the Prodocs Solutions IPO Registrar?
The registrar for Prodocs Solutions IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Prodocs Solutions IPO allotment status, refund processing, and other IPO-related information.
What is the Prodocs Solutions IPO GMP?
The Prodocs Solutions IPO GMP (Grey Market Premium) is ₹0 as of Mon, Dec 15, 2025. Based on the upper price band of ₹138 per share, the estimated Prodocs Solutions IPO listing price is ₹138, indicating a potential listing gain of approximately 0.00% over the issue price.
Who is the Prodocs Solutions IPO Lead Manager?
The book-running lead managers (BRLMs) for the Prodocs Solutions IPO are Cumulative Capital Private 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 Prodocs Solutions IPO Red Herring Prospectus (RHP).