Incorporated in March 2019, Prodocs Solutions Ltd. is an ITES/BPO company focused on non-voice services such as Title Services, e-Publishing, Indexing, litigation support, and finance & accounting services. It serves clients primarily in the US and Australia and operates with an offshore delivery model. As of Dec 31, 2024, it employed ~1,180 employees.
Prodocs Solutions IPO
| Face Value | ₹10 per share |
|---|---|
| Issue Type | Book-building (Fresh Issue + Offer for Sale) |
| Total Shares Offered | 20,00,000 shares (aggregating up to ₹27.60 Cr) |
| Market Maker | Reserved 1,00,000 shares (≈₹1.38 Cr @ upper) |
| Net Offered to Public | 19,00,000 shares (≈₹26.22 Cr at upper band) |
| Registrar | MUFG Intime India Pvt. Ltd. |
| Category | Shares Offered | % of Net Offer |
|---|---|---|
| QIB | Not more than 50% | ≤50% |
| NII (HNI) | Not less than 15% | ≥15% |
| Retail (RII) | Not less than 35% | ≥35% |
Retail bidding limits and cut-off rules apply as per RHP. Check RHP for anchor/market-maker detailed allocation.
| IPO Open Date | Mon, Dec 8, 2025 |
|---|---|
| IPO Close Date | Wed, Dec 10, 2025 |
| Tentative Allotment | Thu, Dec 11, 2025 |
| Initiation of Refunds | Fri, Dec 12, 2025 |
| Credit to Demat | Fri, Dec 12, 2025 |
| Tentative Listing Date | Mon, Dec 15, 2025 |
| UPI Mandate Cut-off | 5 PM on Wed, Dec 10, 2025 |
| Application Type | Lots | Shares | Amount (₹) — at ₹138 |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,76,000 |
| Retail (Max) | 2 | 2,000 | ₹2,76,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,14,000 |
| S-HNI (Max) | 7 | 7,000 | ₹9,66,000 |
| B-HNI (Min) | 8 | 8,000 | ₹11,04,000 |
Retail bidding limit = ₹2 Lakh per application (cut-offs apply for some categories). See RHP for exact bidding rules.
Incorporated in March 2019, Prodocs Solutions Ltd. is an ITES/BPO company focused on non-voice services such as Title Services, e-Publishing, Indexing, litigation support, and finance & accounting services. It serves clients primarily in the US and Australia and operates with an offshore delivery model. As of Dec 31, 2024, it employed ~1,180 employees.
| Period | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 28.92 | 12.98 | 7.65 |
| Total Income | 30.29 | 45.66 | 36.81 |
| Profit After Tax | 3.27 | 3.09 | 1.50 |
| EBITDA | 4.91 | 4.62 | 2.19 |
| Net Worth | 17.42 | 5.75 | 2.76 |
| Total Borrowing | 5.58 | 2.15 | 0.85 |
| ROE | 72.57% |
|---|---|
| ROCE | 52.43% |
| Debt/Equity | 0.37 |
| PAT Margin | 6.76% |
Figures restated as per DRHP. Investors should read the full DRHP for accounting notes and adjustments.
| S.No | Purpose | Amount (₹ Crore) |
|---|---|---|
| 1 | Design & development of tailored software | 4.31 |
| 2 | Purchase & installation of IT equipment | 3.93 |
| 3 | Repayment / pre-payment of borrowings | 3.77 |
| 4 | Working capital requirements | 4.50 |
| 5 | General corporate purposes | – |
Prodocs Solutions Ltd.
6/19, 1st Floor, Transmission House, Compound No. 82, MIDC, Near M.V. Road, Andheri East, Mumbai, Maharashtra, 400059
Phone: +91 22 6231 5800 | Email: secretarial@prodocssolution.com | Website: http://www.prodocssolution.com/
Registrar: MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270 | Email: prodocssolutions.smeipo@in.mpms.mufg.com
Observations: Prodocs demonstrates strong ROE/ROCE and improving net worth driven by growth in FY24–FY25. Key uses include tech investment and working capital; lending reduction is modest. Suitable for investors seeking exposure to an expanding non-voice BPO with offshore clients — but read the DRHP for client concentration and revenue-recognition risks before subscribing.
This is informational only — not investment advice. Consult a financial advisor before investing.
SEO Title: Prodocs Solutions IPO — Price Band, Dates, Lot Size, Financials | BSE SME