Prostarm Info Systems Ltd

📊 Prostarm Info Systems Ltd: Q4 FY2025-26 Monitoring Report Highlights

• IPO size: ₹168 crore, raised from May 27-29, 2025.

• Funds utilized: ₹72.5 crore for working capital, ₹17.958 crore for debt repayment, ₹23.059 crore for issue expenses, and ₹42 crore for general corporate purposes.

• ₹12.483 crore allocated for acquisitions remains unutilized—no suitable opportunities identified yet.

• Unutilized funds temporarily invested in fixed deposits with ICICI Bank, earning ₹0.025 crore at 6.25-6.40% interest.

• 43-day delay in acquisition plans; company proposes reallocating unutilized funds to working capital, pending shareholder approval.

• No material deviations, cost revisions, or adverse events affecting viability reported.