pro fx tech limited IPO
IPO Overview
Pro fx tech limited IPO is a SME public issue offered through a Book Building issue with a total issue size of ₹— crores. The IPO price band is set at ₹87 per share, and retail investors can apply with a minimum investment of ₹2.78 L as per IPO guidelines.
The Pro fx tech limited IPO opens on 26 Jun 2025 and closes on 30 Jun 2025. The IPO allotment is expected to be finalized on 1 Jul 2025, and the equity shares are proposed to be listed on NSE on 3 Jul 2025.
Investors can refer to the Pro fx tech limited IPO RHP-DRHP for detailed information. The issue is managed by Hem Securities Limited as the book running lead manager, while Cameo Corporate Services Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
The company designs custom AV solutions for home theatres, automation, multi-room audio, and corporate clients.
The company sells products to brands like Denon, Polk, and JBL, providing distribution rights to ensure access to the latest AV innovations and high-quality international products.
The company runs seven showrooms and two experience Centres in six Indian cities: Ernakulum, Mysore, Mumbai, Bangalore, Coimbatore, and Chennai, showcasing its product range.
As of August 31, 2024, the company employs a total of 104 individuals, which includes 49 personnel in the sales and marketing department and 43 individuals in the technical support division.
Competitive Strength:
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.
Investment Objective
Funding capital expenditure towards setting-up of 3 new Showroom cum experience centres (“Showroom”)
To meet Working Capital requirements
General Corporate Purpose