PRO FX Tech IPO to Launch ₹40.30 Crore IPO Amid Growing Demand in AV Segment
PRO FX Tech Limited, a distributor and integrator of high-end audio-visual (AV) products, is preparing to tap into the capital markets with an Initial Public Offering (IPO) worth ₹40.30 crore. The public issue, consisting entirely of a fresh offer of 46.32 lakh equity shares, is scheduled to open on June 26, 2025, and will conclude on June 30, 2025.
Founded in 2006, the company has built a strong reputation for delivering premium AV solutions to both residential and commercial clients. It serves as an exclusive distributor for globally recognized brands like Denon, Polk Audio, and JBL. In addition to product distribution, PRO FX Tech also designs and implements tailor-made AV systems for applications ranging from home theaters to corporate boardrooms.Pro FX Tech IPO Structure and Key Dates
The price band for the issue has been set between ₹82 and ₹87 per share. Retail investors will need to apply for a minimum of 1,600 shares, translating to an investment of ₹1,39,200 at the higher end of the range. For non-retail participants, such as HNIs, the minimum application size is 3,200 shares.
Allotment results are expected by July 1, 2025, with shares credited to investors’ Demat accounts by July 2. The stock is anticipated to list on the NSE SME platform on July 3, 2025.
Pro FX Tech IPO: Use of Proceeds and Strategic Plans
Proceeds from the IPO will be directed towards expansion and debt servicing. Approximately ₹7.18 crore will be spent on opening three new showroom-experience centers across strategic locations. A portion of the funds, ₹2 crore, is allocated for repaying existing loans. The remainder will support day-to-day operations and general business development.
Strong Financial Track Record
PRO FX Tech reported a revenue of ₹130.05 crore in FY25, marking a 17% increase over the previous fiscal. Net profit stood at ₹12.24 crore, a 30% rise year-over-year. As of March 31, 2025, the company’s total assets amounted to ₹66.15 crore, while its net worth reached ₹36.91 crore. The company’s growing financial base underpins its expansion ambitions.
Pro FX Tech Limited Promoter Shareholding and Allocation
The company is promoted by Manmohan Ganesh and Shreya Nambiar, who together held a 68.40% stake pre-IPO.
Pro FX Tech IPO Reservation
Allocation of shares in Pro FX Tech IPO is structured to offer up to 50% to Qualified Institutional Buyers (QIBs), at least 35% to Retail Investors, and not less than 15% to Non-Institutional Investors.
Pro FX Tech IPO Management
Hem Securities Limited will act as the book-running lead manager for the IPO. Registrar services will be handled by Cameo Corporate Services Limited. Hem Finlease Private Limited has been appointed as the designated market maker.
Pro FX Tech IPO Important Document
Disclaimer: This content is about intended solely for educational and informational purposes and should not be interpreted as financial or investment advice. The information presented is derived from publicly available sources and independent analysis; however, its accuracy or completeness is not guaranteed. Readers are encouraged to conduct their own due diligence and seek guidance from a professional financial advisor before making any investment decisions. Neither the author nor stoxmail.com assumes responsibility for any financial losses or investment actions taken based on this article.
source: ipowatch.in, nseindia.in