Pro FX Tech Ltd IPO
Open Demat Account
Pro FX Tech Ltd IPO Details
Details
Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
---|---|---|---|---|---|
₹ 46.32 L | TBA | ₹ 15.38 L | ₹ 88.04 L | NSE | ₹ 40.3 Cr |
IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
26 Jun, 25 | 30 Jun, 25 | 1600 | ₹ 1,31,200 | Book Building - SME | 03 Jul, 25 |
Pro FX Tech Ltd IPO Dates
Details
Sector | Type |
---|---|
Sector | Trading |
Sub Sector | NA |
Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
---|---|---|---|
QIB | 8.81x | 2195200 | 19350400 |
NII | 56.72x | 659200 | 37390400 |
Retail | 14.09x | 1537600 | 21667200 |
Employee | 0x | 0 | 0 |
Total | 16.93x | 4632000 | 78408000 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Pro FX Tech Ltd Financial Status
Income Statement
Balance Sheet
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Revenue from operations | 17.23 | 14.35 | 10.28 |
EBITDA | 17.95 | 15.99 | 12.00 |
PAT | 12.24 | 9.44 | 6.35 |
Total Assets | 64.06 | 44.11 | 33.82 |
Share Capital | 12.87 | 12.87 | 0.01 |
Total Borrowings | 6.06 | 3.41 | 2.73 |
Operating Activities (Net Cash) | 12.96 | 11.08 | 8.07 |
Investing Activities (Net Cash) | 0.00 | 0.00 | 0.00 |
Financing Activities (Net Cash) | 6.06 | 3.41 | 2.73 |
Net Cashflow | 7.40 | 7.29 | 4.25 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Pro FX Tech Ltd
Our Company was originally incorporated as a Private Limited Company under the name Advanced Audio Solutions (Bangalore) Private Limited on November 08, 2006 bearing CIN U51500KA2006PTC040879 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Karnataka. Subsequently, the name of our Company was changed from Advanced Audio Solutions (Bangalore) Private Limited to PRO FX Tech Private Limited vide a fresh certificate of incorporation dated June 17, 2014, issued by the Registrar of Companies, Bangalore. Further, pursuant to Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on March 26, 2024 our company was converted into a Public Limited Company and consequently the name of our Company was changed from PRO FX Tech Private Limited to PRO FX Tech Limited vide a fresh Certificate of Incorporation dated June 13, 2024 issued by the Registrar of Companies, Central Processing Centre, bearing CIN U51500KA2006PLC040879.
India's GDP grew by 7.4% in the fourth quarter of FY25, reaching Rs. 44.81 lakh crore (US$ 537.11 billion) at constant 2011-12 prices, reflecting continued recovery post-COVID-19. This growth is primarily led by the services sector, with support from agriculture and construction, although risks like global uncertainties and inflation may impact future momentum. Nominal GDP rose by 10.8% in the same period. While manufacturing showed modest gains, rural demand and infrastructure investment remained strong contributors. The home automation and IoT market in India continues to expand rapidly, supported by initiatives like Make in India and Digital India. With a CAGR of over 16%, the sector is driven by smart lighting, HVAC, and security solutions in residential segments. Increasing urbanization, income levels, and digital adoption are boosting consumer demand for efficient, safe, and connected living solutions.
Established in 2006, our company engaged in the distribution of AV (Audio-Video) products, including but not limited to amplifiers & processors, turn-tables, wireless streamer, speakers, subwoofers, sound bars, and cables. In addition to distribution, we excel in designing and implementing customized AV solutions for home theaters, premium home automation, multi-room audio systems, and bespoke AV solutions for corporate customers. Our association with renowned global suppliers/manufacturers such as Denon, Polk, Definitive Technology, KEF, Theory, Pro Audio Technology, JBL, and Revel provide us with distribution rights, ensuring our customers have access to the latest AV innovations and the highest quality products.
Peer Comparison:
- No Listed Industry Peers
Pro FX Tech Ltd IPO Key Points
Strengths
- Wide geographical reach and distribution & retail network.
- Extensive Service Infrastructure.
- Experienced Sales and Technical Team.
- Robust Marketing Strategies and Proactive Customer Engagement.
- Experienced Promoter and Strong Management Team.
Risk
- The company depends on its global suppliers/ manufacturers or domestic vendors for its operations and unsatisfactory products provided by them or failures to maintain relationships with them could disrupt its operations. Further, the company may not be able to pass on any increase in costs levied by its global suppliers/manufacturers or vendors to the company customers.
- Termination or non-renewal of Distribution Agreements or any material modification to the existing terms under such agreements adverse to its interest will materially and adversely affect the company ability to continue its business and operations and the company future financial performance.
- Its business and profitability heavily relies on the consistent and timely availability of finished products. Any disruption in supply or price volatility of these products can negatively impact its operations and financial health. Additionally, the company dependence on third-party suppliers, without firm supply commitments or exclusive arrangements, poses a risk. The loss of any suppliers could adversely affect its business, operational outcomes, and financial condition.
Strategy
- Strategic Infrastructure Expansion.
- Portfolio Expansion - Diverse Array of Brands.
- Penetrating Digital Signage Market.
- Strengthening E-commerce Presence.
- Expansion of Service Network.
- Wide geographical reach and distribution & retail network.
- Extensive Service Infrastructure.
- Experienced Sales and Technical Team.
- Robust Marketing Strategies and Proactive Customer Engagement.
- Experienced Promoter and Strong Management Team.
How To Apply for Pro FX Tech Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.