Prodocs Solutions Limited IPO
Prodocs Solutions Limited was incorporated on March 12, 2019. The Company operates in the IT-enabled Services (ITES) space, with a strong focus on non-voice BPO services including indexing, title processing, e-publishing, finance & accounting, and litigation support.
Business Model & Operations
Prodocs provides offshore outsourcing solutions primarily to clients in the USA and Australia, supported by over 1,100 employees working from its main delivery center in Mumbai. The Company maintains an in-house IT team for system integration, internal application development, and process automation, strengthening delivery efficiency and scalability.
Corporate Structure & Recent Expansion
The Company underwent a strategic restructuring in 2025:
– Formed a Wholly Owned Subsidiary (WOS), Prodocs Solutions Inc, in Delaware (Jan 27, 2025).
– Through this WOS, acquired 60% stake in eData Solutions Inc, USA (Apr 30, 2025).
This acquisition provides direct access to US clientele, deeper market presence, onshore project management capability, and expanded delivery potential.
Key Service Offerings
1. Title Services (USA): Title plant indexing, title searches, and report generation with ~10 million documents delivered annually at 98% accuracy; integrated with major title plant systems and supported by value-added services like settlement statements, tax certification, and appraisal QC.
2. e-Publishing Services: End-to-end digital publishing for newspapers, books, and magazines, including XML/HTML conversion, OCR/manual keying, digital archiving, imaging enhancement, and multimedia solutions.
3. Indexing Services: Creation of searchable databases from handwritten/printed documents, processing forms across sectors, OCR and image enhancement, and high-accuracy (99.99%) critical data indexing.
4. Litigation Support & LPO: Document scanning, unitization, coding, EDD for 300+ file types, and creation of searchable legal databases for law firms and corporate legal teams.
5. Finance & Accounting Services: IFRS/US GAAP accounting, MIS/dashboards, cost allocation, reconciliations, fast book close, tax & transfer pricing, regulatory filings, and SOX-compliant processes.
Market Position
Prodocs serves a diversified global client base across title insurance, publishing, indexing, legal, financial, and corporate sectors. Its offshore delivery strength, compliance certifications, and scalable workforce position it as a competitive player in the non-voice BPO and ITES segment
Objects of the Prodocs Solutions Limited IPO:
Prodocs Solutions Limited IPO Details:
| Open Date: | Dec 08 2025 |
| Close Date: | Dec 10 2025 |
| Total Shares: | 20,00,000 |
| Face Value: | ₹ 10 Per Equity Share |
| Issue Type: | Book Building |
| Issue Size: | 27.60 Cr. |
| Lot Size: | 1000 Shares |
| Issue Price: | ₹ 131 - 138 Per Equity Share |
| Listing At: | BSE SME |
| Listing Date: | Dec 15 2025 |
Promoters And Management:
Financials of Prodocs Solutions Limited IPO:
|
Particulars (In Cr) |
Consolidated | Standalone | |||
| 6MFY26 | 6MFY25 | March-2025 | March-2024 | March-2023 | |
| Revenue from Operations | 24 | 21 | 42 | 45 | 37 |
| EBITDA | 6 | 5.5 | 8 | 4.6 | 2 |
| EBITDA Margins (%) | 24.60% | 26.95% | 19.57% | 10.17% | 5.98% |
| PAT | 3.7 | 3.4 | 5 | 3 | 1.5 |
| PAT Margins (%) | 15.13% | 16.23% | 11.94% | 6.93% | 4.18% |
| ROCE (%) | 13.81% | 16.66% | 27.12% | 18% | 24.72% |
| Debt to Equity Ratio | 0.52 | 0.33 | 0.42 | 0.37 | 0.3 |
| Operating Cash Flows | 8.8 | 9.68 | 3.06 | 2.59 | 3.17 |
Comparison With Peers:
According to RHP their is no listed peers existed in same business Segment
Lead Manager of Prodocs Solutions Limited IPO:
Registrar of Prodocs Solutions Limited IPO:
Discussion on Prodocs Solutions Limited IPO:
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