Praruh Technologies Limited IPO

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Praruh Technologies, established in 2016, is an emerging player in the ICT system integration and technology solutions industry. The company specializes in providing end-to-end solutions leveraging cutting-edge technologies, including drone-based services, hyperspectral imaging, and tailored IT infrastructure. Praruh’s aim is to empower businesses, particularly in the public and private sectors, by offering advanced and customized technology solutions that drive growth and efficiency.

Business Model and Services

Praruh Technologies offers a wide range of services across several domains:

1. System Integration: Provides end-to-end system integration solutions, reducing complexity and enhancing operational efficiency by consolidating diverse technology products and applications.

2. IT Consultancy: Offers tailored IT strategies, including cloud strategy, risk management, disaster recovery, IT assessments, and strategic planning.

3. Security Solutions: Provides a comprehensive suite of security services, including network security, endpoint security, and advanced solutions such as APT, forensics, and deep packet analysis.

4. Networking Solutions: Provide secure networking services, including LAN/WAN design, network auditing, video conferencing solutions, and data/voice integration.

5. Data Center Solutions: Offers end-to-end data center solutions, focusing on business efficiency, scalability, and high performance.

6. IT Training: Offers customized IT training programs to enhance the skills and competencies of individuals and organizations.

Technology and Innovation

Praruh integrates cutting-edge technologies, such as machine learning and artificial intelligence, into its services. The company uses drones equipped with hyperspectral imaging technology for crop monitoring and provides precision farming solutions. Additionally, the company’s technology platforms, including RUBIC, eTaTrak, and IOMS, offer comprehensive data processing, logistics management, and inventory solutions.

Strengths

i) Established Track Record: delivered successful IT projects for clients like Delhi Metro and Airport Authority of India, building a strong industry reputation.
ii) Quality Assurance: follows strict quality control processes, ensuring client satisfaction and reliable service delivery.
iii) Diverse Clientele: serves a broad range of clients across sectors like railways, defense, and government, minimizing dependency on any one sector.
iv) Experienced Promoters and Team: Led by experienced promoters, Praruh is supported by a skilled team in consulting, system delivery, and integration.
v) Tailored IT Solutions: Praruh offers customized IT solutions aligned with client goals, setting it apart from competitors and driving long-term growth.

Objects of the Praruh Technologies Limited IPO:

Company intends to utilize the proceeds of the Issue to meet the following objects: 1. Repayment of certain borrowings (₹7 cr) 2. To meet and pursue unidentified acquisitions in India (₹1 cr) 3. Working capital requirements of the company (₹ 14 cr) 4. General corporate purposes.

Praruh Technologies Limited IPO Details:

Open Date: Sep 24 2025
Close Date: Sep 26 2025
Total Shares: 37,30,000
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Building
Issue Size: 23.50 Cr.
Lot Size: 2000 Shares
Issue Price: ₹ 60-63 Per Equity Share
Listing At: BSE SME
Listing Date: Oct 01 2025

Promoters And Management:

1. Vishal Prakash (41) is the Promoter & Managing Director of the Company with 18 years of experience in the IT industry. He has worked at O.R.G Informatics, Wipro, AGC Networks, Netsoft Consulting, and Cisco Systems. Vishal holds a Bachelor's in Information Technology and an MBA in Marketing & Telecommunication. He brings rich expertise in IT and marketing. 2. Amar Deep Sharma (42) is the Promoter & Director with over 18 years of experience in Unified Communications, Video Conferencing, and Network Design. He has worked at Tacker Technologies, Spanco Telesystems, HCL Infosystems, Polycom, and Presto Infosolutions. Amar Deep holds a B.E. in Electronics & Communication Engineering and is a Cisco certified Network Professional. He leads the company’s technological vision and strategy. 3. Rahul (39) is the Promoter, Director & CFO with 17 years of experience in the IT industry. He has worked at CMS Computers, HCL Infosystems, Datavideo Technologies, Netsoft Consulting, and Exato Technologies. Rahul holds a Master's in International Business and has been instrumental in shaping the company’s financial strategy, focusing on financial planning, analysis, and business development.

Financials of Praruh Technologies Limited IPO:

Particulars FY2024-2025 FY 2023-2024 FY 2022-2023
Revenue from Operations (Cr) 61.88 61.43 27.96
EBITDA (Cr) 10.47 9.87 3.01
EBITDA Margins 16.92% 16.08% 10.79%
PAT (Cr) 6.78 6.49 2.17
PAT Margins 10.96% 10.58% 7.78%
ROCE 53.62% 89.41% 80.84%
Debt to Equity Ratio(In Times) 0.94 1.19 0.37
Operating Cash Flows (Cr) 4.32 2.63 1.1

Comparison With Peers:

Companies Revenue (in cr) EBITDA Margins PAT Margins ROCE D/E Ratio MCap (in cr) P/E
Praruh Technologies Limited 61.88 16.92% 10.96% 53.62% 0.94 87.75 12.94
Esconet Technologies Limited 225 3% 3.11% 17.80% 0.01 274 39.7
E2E Networks Limited 164 50% 21.34% 8.08% 0.05 6416 186

Lead Manager of Praruh Technologies Limited IPO:

  1. Corporate Makers Capital Limited

Registrar of Praruh Technologies Limited IPO:

  1. Maashitla Securities Pvt. Limited.

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