Prodocs Solutions Ipo
Prodocs Solutions IPO Review & Key Points
Review:
IPO Lead Managers aka Merchant Bankers
Cumulative Capital Pvt .Ltd.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,000 | ₹2,76,000 |
| Retail Maximum | 2 | 2,000 | ₹2,76,000 |
| S-HNI Minimum | 3 | 3,000 | ₹4,14,000 |
| S-HNI Maximum | 7 | 7,000 | ₹9,66,000 |
| B-HNI Minimum | 8 | 8,000 | ₹11,04,000 |
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
| Anchor Bidding Date | December 5, 2025 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | January 10, 2026 |
| lock-in period end date 50% shares (90 Days) | March 11, 2026 |
| IPO Open Date: | December 8, 2025 |
| IPO Close Date: | December 10, 2025 |
| Basis of Allotment: | December 11, 2025 |
| Refunds: | December 12, 2025 |
| Credit to Demat Account: | December 12, 2025 |
| IPO Listing Date: | December 15, 2025 |
| IPO Bidding Cut-off Time: | December 10, 2025 – 5 PM |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 54,50,000 | 74.31% |
| Promoter Holding Post Issue | 70,50,000 | -% |
| Purpose | Crores |
| Design, development, implementation & support for a tailored software to meet the specific needs of the Company | ₹4.31 |
| Funding capital expenditure towards purchase & installation of IT equipment, computer hardware, and other ancillary equipment | ₹3.93 |
| Repayment and/or pre-payment, in full or part, of certain outstanding borrowings availed by the Company | ₹3.77 |
| Funding working capital requirements of the Company | ₹4.50 |
| General Corporate Purpose | ₹- |
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹36.81 | ₹35.11 | ₹1.54 | ₹7.65 |
| 2024 | ₹45.66 | ₹41.92 | ₹3.16 | ₹13.04 |
| 2025 | ₹42.78 | ₹36.35 | ₹5.11 | ₹35.08 |
| September 2025 | ₹21.11 | ₹17.07 | ₹3.43 | ₹38.94 |
| KPI | Values |
| ROE: | 26.62 % |
| ROCE: | 27.12 % |
| EBITDA Margin: | 19.57% |
| PAT Margin: | 11.94% |
| Debt to equity ratio: | 0.42 |
| Earning Per Share (EPS): | ₹9.60 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 40.78% |
| Net Asset Value (NAV): | ₹36.05 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Airan Limited (Consolidated) | 14.38 | 14.38 | 13.88% | 11.54 | 117.63 Cr. |
| Atishay Limited (Standalone) | 29.79 | 29.47 | 15.40% | 44.26 | 53.26 Cr. |
| Dev Information Technology Limited(Consolidated) | 6.12 | 6.11 | 13.83% | 12.18 | 183.91 Cr. |
| Riddhi Corporate Services Limited(Standalone) | 6.10 | 6.10 | 21.58% | 58.05 | 255.29 Cr. |
| IPO Open Date | December 8, 2025 |
| IPO Close Date | December 10, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹131 to ₹138 Per Share |
| Issue Size | Approx ₹27.60 Crores |
| Fresh Issue | Approx ₹22.08 Crores |
| Offer for Sale: | Approx 4,00,000 Equity Shares |
| Issue Type | Book Build Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |