Prostarm Info Systems Ltd. IPO

We started our commercial operations by focusing on the sale, supply, and installation of batteries and uninterruptible power supply systems manufactured by third-party vendors. Thereafter, from the year 2021, we have gradually transitioned into designing, manufacturing, assembling, sale, service ... and supply of Energy Storage Equipment and Power Conditioning Equipment in India. Our manufactured Power Solution Products comprise of UPS system, inverter system, lift inverter system, solar hybrid inverter systems, lithium-ion battery packs, servo-controlled voltage stabilisers, isolation transformers and other power solution products. We offer both customized and standard products and solutions, manufactured and assembled at our in-house facilities and also through third party contract manufacturers. In addition to our core manufactured products, we also deal in sale and supply of third party power solution products such as batteries, reverse logistics/end-of-life products and other assets such as IT Assets, solar panel and allied products. We also undertake rooftop solar photovoltaic power plant projects across India on EPC basis. Our comprehensive range of value-added services include installation, rental, after-sales services (including warranty and post-warranty services), Annual Maintenance Contracts which supplements our Power Solution Products, catering to a wide spectrum of customers and their requirements. The Operations Break-ups are: 1. Manufactured Power Solution Products (Including contract Manufactured) 2. Third-Party Power Solution Products (includes reverse logistics/end-of-life disposal for UPS and batteries) and Other Products (including IT assets, solar panel and allied products) 3. Solar EPC Contracts 4. Value-Added Services (AMC and other operating revenue, Ind. AS adjustments) Read more

The power back-up systems market is growing due to the problem of power shortage in the country and with the technological advancements. The gap between the demand and supply of power in the country is increasing the demand for uninterrupted power supply by the industrial sectors.

The ... Indian UPS Market has been showcasing an upward trend generating revenues of Rs 96,432 million in FY24 while it was at Rs 89,713 million in FY23. The market is further expected to grow at a CAGR of 8.22% till FY30. This growth of 8.22% is due to rising dependence on electricity in the country, expanding commercial and industrial segments, and with power outages being a frequent occurrence; especially during peak hours, an uninterrupted power supply has become mandatory. The Indian Lithium–Ion battery market in India was recorded at Rs 5,58,078 million in FY24 and grew at a CAGR of 7.66% between FY19 and FY24. Further, going ahead the market is expected to grow at a 19.67% till FY30. It is forecasted to reach Rs 16,39,090 million by FY30. The Indian Lithium-Ion Battery Market is growing rapidly, driven by the surging demand for energy storage solutions in various sectors, including automotive, consumer electronics, and renewable energy. The Indian Solar Hybrid Inverter market in India was recorded at Rs 5,242 million in FY24 and grew at a CAGR of 9.21% between FY19 and FY24. Further, going ahead the market is expected to grow at a 18.60% till FY30. It is forecasted to reach Rs 13,938 million by FY30. This growth is expected to be driven by the rising demand for renewable energy as India transits from fossil fuels to more sustainable energy sources to combat climate change and improve energy security. (Source: CARE Report). Read more