PRO FX Tech Limited Launches IPO on NSE Emerge
PRO FX Tech Limited, a specialist in AV solutions, is launching its Initial Public Offering (IPO) on NSE Emerge. The IPO opens on June 26, 2025, with prices ranging from ₹82-₹87. Funds will support business expansion. Founded in 2006, it boasts robust financials with a revenue of ₹129.38 crore in FY25.
- Country:
- India
In a significant move, PRO FX Tech Limited, well-known for its specialized AV solutions for home theatres and automation, has announced its Initial Public Offering (IPO) on the NSE Emerge platform.
The IPO, slated to commence on June 26 and conclude on June 30, 2025, features a price band of ₹82 to ₹87 per share. Managed by Hem Securities Limited, the offering includes a fresh issue of 46,32,000 equity shares, amounting to ₹40.30 crore at the upper price band. Cameo Corporate Services Limited is handling the registrar duties.
Since its inception in 2006, PRO FX Tech, headquartered in Bangalore, has expanded to include six showrooms and 28 service centres. Its fiscal 2025 highlights include a revenue of ₹129.38 crore and an impressive Return on Equity (ROE) of 39.71%. The IPO's proceeds aim to fuel business growth and operational advancements.
(With inputs from agencies.)
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