Prostarm Info Systems Limited, a company that specializes in the power electronics solutions, on Tuesday, April 7, 2026, announced that,

The Company has received a Letter of Award (LOA), as a sub-contractor, from Solarium Green Energy Limited, A domestic entity. Source: BSE.

Contract Details

According to the exchange data, Solarium Green Energy Ltd has awarded Prostarm Info Systems a contract for the execution of End-to-End EPC works for 50 MWac Solar PV Power Project in the State of Maharashtra, India.

As per details, the contract is awarded under a project of Maharashtra State Power Generation Company Limited (MAHAGENCO) on a turnkey basis excluding 3 years of Operation & Maintenance (O&M) services.

The new contract is in accordance with project specifications, and it has been accepted by Prostarm on April 7, 2026, a company spokesperson said.

Last month, on March 17, 2026, Prostarm Info has secured a contract for the supply of UPS systems from WBMSC for ₹90.44 crore.

Prostarm Info Systems Bags Major EPC Contract

Contract Value

The total value of the EPC contract is approximately ₹165 Crores (Rupees One Hundred Sixty-Five Crores only) exclusive of GST.

Duration

The time period shall be as specified in the definitive EPC Agreement to be executed between the parties.

MOU with Shenzhen

The Company management officials also informed the exchange that,

Prostarm Info Systems has signed an Memorandum of Understanding (MOU) with Shenzhen Topband Co. Ltd (TOPBAND), a limited liability company incorporated under the laws of the People’s Republic of China,  in their meeting held on April 07, 2026.

The proposed MOU is intended to establish a collaborative framework between the parties for the purpose of exploring a potential strategic alliance for Exclusive Cooperation under a Battery Energy Storage System (BESS).

Exchange Compliance

The Company has filed these details in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements Regulations), 2015 (the “SEBI Listing Regulations”).

Refer to Prostarm info systems ltd latest news for further details.

Market Cap: The company’s market capitalization is ₹825 Cr.

Technical: The stock is trading above is 20-day SMA but below its 50-day, 100-day, and 200-day simple moving averages.

Price Performance: On a year-to-date (YTD) basis, Prostarm Info Systems has lost 21.35% and is down 21.15% in the last three-month period. However, the company’s shares are trading 7.65% higher in the last one-month period.

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Disclaimer: This article is purely for informational purposes. The data presented here are for information & personal use only. While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

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Prostarm Info Systems Limited, a company known for delivering dependable uninterruptible power supply (UPS) systems, today, March 17, 2026, said that,

The Company has been declared the L-1 bidder by the West Bengal Medical Services Corporation (WBMSC), Kolkata, for the supply of UPS systems. Source: BSE

Order Details

According to the exchange information, the company has won an order for the Supply, Installation, Testing, and Commissioning of a 6 KVA single-phase input & Single phase out put online UPS system.

The order is for 3,000 Sub Center, 336 Urban Health & Wellness Center, and 103 Urban Primary Health Centers, for a total of 3,439 numbers, including Batteries all over West Bengal under the XV Finance Commission.

The aforementioned orders were received in the normal course of business and expected to contribute 25-30% to the company’s annual revenue, a company spokesperson said.

Prostarm Info Systems Wins A New Order From WBMSC

Order Value

The new order is anticipated to be worth Rs. 90.44 crore (Rupees Ninety Crores Forty-four Lakhs Only).

Duration

The order is to be executed over a period of 180 days from the date of the Purchase Order, a company management official added.

Exchange Compliance

The Company has filed these details under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements Regulations, 2015 (the SEBI Listing Regulations).

Refer to prostarm info systems latest news for more details.

Previous Order Details

On March 14, 2026, Prostarm Info Systems awarded a contract from Steel Authority of India Limited, worth Rs. 6.71 Crores.

The company’s market capitalization is ₹745 Cr.

The stock is currently trading below its 20-day, 50-day, and 100-day SMA.

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Disclaimer: The contents and data presented here are just for your information & personal use only. While much time and effort is made to provide the information, I (Vishal Dalwadi) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

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Prostarm Info Systems Ltd, a leading UPS & inverter manufacturer and supplier in India, on Friday, March 13, 2026, said that,

The Company has received a Letter of Acceptance (LOA) from SAIL (Steel Authority of India Limited), a domestic entity. Source – BSE

Additionally, review Prostarm Info Systems IPO details.

Order Details

According to the exchange details, the new order is for the Supply, Installation, and Commissioning of a 2MW (AC) Rooftop Solar PV System at various buildings of the company’s plant.

The aforesaid orders have been received in the normal course of business, a company spokesperson added.

Find Prostarm Info Systems products list.

Prostarm Info Systems Secured An LOA From SAIL

Size of the Order

The total estimated value of the new order is worth Rs. 6.71 crore (Rupees Six Crores Seventy-one Lakhs Only).

Duration

The order is to be executed over a period of 12 months from the date of the Purchase Order, a company management official said.

Exchange Compliance

The Company has filed these details under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements Regulations, 2015 (the SEBI Listing Regulations).

Refer to prostarm info systems news for details.

Last Order Details

On February 14, 2026, Prostarm Info Systems awarded a contract from WBMSC, worth Rs. 4.29 Crores.

The company’s market capitalization is ₹740 Cr.

The stock is currently trading below its 20-day and 50-day Simple Moving Average.

Do check the list of “upcoming ipos“

Disclaimer: The contents and data presented here are just for your information & personal use only. While much time and effort is made to provide the information, I (Vishal Dalwadi) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Prostarm Info Systems Secured An LOA From SAIL appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Q3 FY26 Numbers, New Contract Details, and more

Prostarm Info Systems Ltd, an Indian company specializing in designing, manufacturing, and selling Energy Storage and Power Conditioning Equipment, announced its financial numbers for the quarter ended December 31, 2025. Source – BSE

Consolidated Numbers: Q3 FY26

The company reported a significant increase in its third-quarter revenue from operations, which rose by 110.2% year-over-year to ₹160.49 Cr. This is a significant acceleration from the ₹76.36 Cr reported in the same quarter last year (Q3 FY25).

Quarter-on-quarter, the company’s revenue growth was even more impressive, soaring 143.5% from ₹65.92 in Q2 FY26.

Prostarm registered Profit After Tax (PAT) of ₹14.91 Cr for the quarter ended December 31, 2025, jumped by 101% year-on-year basis (₹7.45 Cr for Q3 FY25), and the same was increased by 81% when compared to a Quarter-on-quarter basis (₹8.27 Cr for Q2 FY26).

Declared L-1 bidder by WBMSC.

As of February 14, 2026, Prostarm Info has been declared as an L-1 bidder by West Bengal Medical Services Corporation (WBMSC), Kolkata, India, for the Supply, Installation, Testing, and commissioning of

10 KVA UPS including batteries at 137 numbers Block Primary Health Unit within the jurisdiction of all over West Bengal under XV Finance Commission for the F.Y. 2022-2023 & 2023-24 (2nd Call) with 3 years warranty on UPS and batteries.

Contract Value Size

The total value of the contract is ₹4.29 Crores (Rupees Four Crores and Twenty Nine Lakhs Only). The same is accepted by the Company.

Contract Duration

According to the data available on the exchange, the contract is to be executed over a period of 180 days.

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26 May 2025

Prostarm Info Systems Limited – a company specializing in power electronics solutions is planning to raise INR 168 crore via IPO.

[Fresh Issue 168 crore + OFS NIL]

Prostarm info systems ipo price is INR 95 – 105 per share

Prostarm Info Systems: History

The Company was originally incorporated as Prostar Micronova Power Systems Private Limited, a private limited company under the Companies Act, 1956,

The company’s name was changed to “Prostarm Info Systems Limited” at the Board meeting, and the Registrar of Companies issued a fresh certificate of incorporation on July 28, 2017.

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Prostarm Info Systems: Business

The Company engaged in designing, manufacturing, assembling, selling, servicing and supplying Energy Storage Equipment and Power Conditioning Equipment (Power Solution Products) in India.

The Company’s manufactured Power Solution Products comprise of –

• UPS system,
• inverter system,
• lift inverter system,
• solar hybrid inverter systems,
• lithium-ion battery packs,
• servo-controlled voltage stabilisers (SCVS),
• isolation transformers, and
• power solution products

The Company also undertakes rooftop solar photovoltaic power plant projects across India on an EPC basis.

Over the years, the company has leveraged its expertise, processes, and infrastructure to cater to diverse end-use industries such as –

• Healthcare,
• Aviation,
• Research,
• BFSI,
• Railways,
• Defense,
• Security,
• Education,
• Renewable energy,
• Information Technology, and
• Oil & gas

Geographical Presence

As of the date of DRHP, the company’s operations are supported by a network of 22 branch offices and 2 storage facilities in 17 states and 1 union territories (UT) within India.

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Strategies Ahead

• Expanding capabilities through inorganic and organic growth
• Expanding customer base and geographic reach
• Reduce the working capital cycle and focus on rationalizing our indebtedness
• Focus on Operational efficiency

Company Promoters

1. Ram Agarwal,
2. Sonu Ram Agarwal, and
3. Vikas Shyamsunder Agarwal

IPO Details

Ipo date = 27 May to 29 May 2025

Minimum Amount = INR 14,910

Minimum Bid = 142 Shares

Face Value (FV) = INR 10

Listing On = NSE, BSE

Book Running Lead Managers

Choice Capital Advisors Pvt Ltd

FINANCIALS

CONCLUSION

FinBlab recommends ‘SUBSCRIBE‘ ratings on Prostarm Info Systems IPO

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Prostarm Info Systems IPO – Review, Update appeared first on Upcoming ipos: Latest news on stocks, economy & finance.