Prostarm Info Systems approves preferential issue
Prostarm Info Systems (PROSTARM) said it has approved preferential issue. The company is valued at about ₹797 crore.
What happened
Prostarm Info Systems (PROSTARM) told the exchanges on 3 October 2026 at 10:45 AM that it has approved preferential issue.
From the filing: "NSE/LIST/56946 dated October 01, 2026 , for the Preferential Issue of up to 28,98,717 Warrants convertible into 28,98,717 Equity shares of Rs. 10/ - each at a price of Rs. 147/ - each to non - promoters on preferential basis."
Company snapshot
Prostarm Info Systems is a micro-cap company, with a market value of about ₹797 crore.
The stock last traded at ₹135.4, against a 52-week range of ₹114.6–₹208.7 (35.1% below the high).
Before this filing the shares had moved +2.9% over the month and +0.5% over three months. Average daily turnover over the last 20 sessions was about ₹5.13 crore.
Promoters held 72.83% at the end of Q1 FY27. Foreign institutions owned 0.51% and domestic institutions 0.87%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 55 | 1.8 | 0.41 |
| Q2 FY26 | 121 | 9.9 | 1.88 |
| Q3 FY26 | 160 | 14.9 | 2.69 |
| Q4 FY26 | 104 | 7.9 | 1.35 |
| Q1 FY27 | 76 | 4.6 | 0.78 |
What history shows
This is not the company's first fund raising disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.
Market-wide, 1,489 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 48% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
In the news
Recent coverage elsewhere (links open the original publisher):
- Prostarm Info Systems To Commence Operations At 1.2 GWh BESS And UPS Facilities From September 25
- Prostarm Info Systems moves up on the BSE
- Prostarm Info Systems gets BSE in-principle approval for warrant issue
- PROSTARM Share Price Today: Price Action and Fundamentals
- Prostarm Info Systems Receives Purchase Order From Rayzon Energy For 2400 KVA, 500 KVA UPS
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.