Praruh Technologies came to market through an SME IPO that opened on 24 September 2025 and closed on 26 September 2025, and the shares listed on 1 October 2025 on BSE SME. The price band was ₹60 to ₹63 per share and one lot was 2000 shares, so the minimum application was ₹1,26,000. The issue size was ₹23.5 crore. The whole issue was fresh shares, so the money raised went to the company.
Maashitla Securities Pvt.Ltd was the registrar to the issue, and Corporate Makers Capital Ltd was the lead manager.
As of 26 September 2025.
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Incorporated in 2019, Praruh Technologies Limited is a digital transformation solutions company and ICT System Integration company. Praruh Technologies Limited offers data centers, hardware, applications, networking, security, and audio-video solutions. It delivers turnkey ICT solutions that deliver effective, industry-specific services in sync with client business strategies. The company helps organizations transform their business and drive growth by providing end-to-end system integration solutions and outstanding service experiences. Services:
System Integration – Praruh offers complete system integration, IT infrastructure simplification, workflow optimization, and business efficiency upliftment with expert solutions nationwide in India. IT Consultancy – Praruh offers customized IT strategies, spanning cloud, risk management, disaster recovery, and strategic planning for business growth support. Security Solutions – Praruh offers complete security solutions, such as endpoint security, network security, and application security, driven by innovative technologies and top OEM partnerships.
Networking Solutions – Praruh designs secure networks, including LAN/WAN design, network audit, video conferencing, load balancing, and data center deployments. As of August 31, 2024, the company employed 47 people.
As described in the offer document.
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Mr. Vishal Prakash, Mr. Amar Deep Sharma, Mr. Rahul. Promoter holding 100.00% before the issue and 73.20% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Praruh Technologies IPO was a ₹23.5 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹60–₹63 per share with a lot size of 2,000 shares; the minimum retail application was 4,000 shares (₹2,52,000). The IPO was open from September 24 to September 26, 2025 and was subscribed 1.29x. Shares listed on BSE SME on October 1, 2025 at ₹63, in line with the issue price of ₹63. Maashitla Securities Pvt. Ltd. is the registrar.
Corporate Makers Capital Ltd. is the book running lead manager.
The price band of Praruh Technologies IPO is ₹60 to ₹63 per share.
The lot size of Praruh Technologies IPO is 2000 shares.
The minimum investment for Praruh Technologies IPO is approximately ₹2,52,000 based on the upper price band.
The allotment date of Praruh Technologies IPO is Sep 29, 2025.
You can check Praruh Technologies IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Praruh Technologies IPO allotment status on Rupix for quick and easy access.
₹60 to ₹63 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 2000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,26,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,26,000, for one lot of 2000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 24 September 2025 and closed on 26 September 2025.
The basis of allotment was published on 29 September 2025 by Maashitla Securities Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 1 October 2025 on BSE SME.
The issue size was ₹23.5 crore. The fresh issue was 37,30,000 shares (aggregating up to ₹23.5 crore).