Prodocs Solutions Limited ₹27.60 crores IPO Opens Today 

Monday, December 08, 2025: The ₹27.60 crore Initial Public Offering (IPO) of Prodocs Solutions Limited, an IT-enabled services (ITES/BPO) business, is now open to public bidding. The IPO opened today, December 08, 2025, and will remain open until Wednesday, December 10, 2025.

Incorporated in March 2019, Prodocs Solutions Limited is engaged in the IT-enabled services (ITES/BPO) business, primarily operating in the non-voice BPO segment. The company is a diverse non voice BPO, providing a wide spectrum of services ranging from Indexing Services, Title Services, e-Publishing, and other business services comprising finance and accounting and litigation support.

Key Details of the Prodocs Solutions IPO

Prodocs Solutions IPO is a book build issue of ₹27.60 crores. The issue is a combination of fresh issue of 0.16 crore shares aggregating to ₹22.08 crores and offer for sale of 0.04 crore shares aggregating to ₹5.52 crores.

 Prodocs Solutions IPO opens for subscription today, December 8, 2025, and closes on Dec 10, 2025. The allotment for the Prodocs Solutions IPO is expected to be finalised on December 11, 2025. Prodocs Solutions IPO will list on BSE SME with a tentative listing date fixed as Dec 15, 2025.

Prodocs Solutions IPO price band is set at ₹131.00 to ₹138.00 per share. The lot size for an application is 1,000. Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof. The minimum amount of investment required by an individual investor (retail) is ₹2,76,000.00 (2,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (3,000 shares), amounting to ₹4,14,000.

Cumulative Capital Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Fortune Fiscal Limited.

How Will Prodocs Solutions Utilise the IPO Proceeds

The proceeds from the IPO will be utilised for capital expenditure, funding working capital requirements, repayments or prepayments of loans, and for general corporate purposes. 

The company will utilise ₹4.31 crores to design, develop, implement, and support a tailored software to meet the specific needs of the company. It will use ₹3.93 crores to purchase and install IT equipment, computer hardware, and other ancillary equipment, and ₹4.50 crores for working capital requirements. 

Further, the company will use ₹3.77 crores to repay and/or prepay, in full or in part, certain outstanding borrowings.

Prodocs Solutions Anchor Investor Allocation

Before its IPO went public for bidding, the company raised money through anchor allocation. The allocation was done on December 05, 2025. The company raised about ₹7.70 crore from the allocation. It consisted of 5,58,000 shares at a price of ₹138 per equity share. The share price includes a ₹10 face value and a ₹128 premium.

Recent Financials of Prodocs Solutions (Restated Standalone)

As of September 30, 2025, which marked the end of Q2 FY26, the company had Assets worth ₹38.94 Crore, while its total borrowings stood at ₹7.46 Crore. The company’s total income by the end of the second quarter reached ₹21.11 Crore, with its EBITDA reaching ₹5.53 Crore. The company’s profit after tax for the period stood at ₹3.43 Crore.

Prodocs Solutions IPO Subscription Status

As of December 8, 2025, 5:44:54 PM (Day 1), the Prodocs Solutions IPO is subscribed 0.35 times. The individual investors category has subscribed 0.09 times, while the QIB segment (excluding anchor investors) has not yet participated. 

The Non-Institutional Investors (NII) category is subscribed 1.38 times, with bNII (bids above ₹10 lakh) at 1.77 times and sNII (bids below ₹10 lakh) at 0.64 times. Overall, 4,75,000 shares have been bid against 13,42,000 shares offered, with a total of 56 applications submitted.

Sources

• https://www.bseindia.com/markets/publicIssues/DisplayIPO.aspx?id=4348&type=IPO&idtype=1&status=L&IPONo=7490&startdt=08/Dec/2025

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