About ProstarM
ProstarM is a publicly listed company based in Bengaluru (India) founded in 2008 by Tapan Ghose, Vikas Agarwal, Ram Agarwal, and Raghu Shastri. It operates as a solar-powered products are manufactured by ProstarM in Bengaluru since 2008. The company has 352 employees. Its chief executive is Ram Agarwal. Its Indian entity Prostarm Info Systems Limited reported revenue of ₹259 Cr. ProstarM offers products and services including UPS System, Hybrid Solar Inverter, Lithium Ion Battery Pack, Servo Controlled Voltage Stabilizers, and Isolation Transformers. Its focus areas include Energy, Solar Energy, Solar Products and Multi-Products. Its competitors include Borosil Renewables, Servoteh, Nessa, SuKam Solar and HVR Solar and 4 more; 2 of its 9 listed competitors have raised funding.
Company details
ProstarM manufacturer of solar powered products, focusing on working in the energy sector, developing solar energy systems, solar products, multi-products, and diversified. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Employees 352
- Founders Tapan Ghose, Vikas Agarwal, Ram Agarwal, Raghu Shastri
- Stage Public
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website prostarm.com
- Social LinkedIn X Facebook Instagram
- Legal Name Prostarm Info Systems Limited
- Annual Revenue₹259 Cr
FY 2024 · +12% YoY
- Net Profit₹22.83 Cr
FY 2024 · 9% margin
- EBITDA₹36.62 Cr
FY 2024 · 14% margin
- Employee Count352
Associated legal entities of ProstarM
ProstarM is associated with 2 registered companies on The Company Check; the primary company is Prostarm Info Systems Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Prostarm Info Systems Limited Listed CIN L31900MH2008PLC368540 | Active | 11 Jan 2008 | Thane, Maharashtra | ₹259 Cr | 187 | 11 | View details |
| Prostarm Info Systems Limited CIN U31900MH2008PLC368540 | – | 11 Jan 2008 | Thane, Maharashtra, India | – | – | – | View details |
Products & Services of ProstarM
ProstarM offers a comprehensive portfolio of products and services, including UPS System, Hybrid Solar Inverter, Lithium Ion Battery Pack, Servo Controlled Voltage Stabilizers, and Isolation Transformers.
Provides uninterruptible power supply for industrial and commercial use
Converts solar energy into reliable backup power solutions
Offers high-capacity batteries for uninterrupted power needs
Stabilizes voltage for sensitive equipment in various applications
Ensures safe power isolation for critical systems and devices
Board of directors of Prostarm Info Systems Limited (ProstarM)
Prostarm Info Systems Limited is the primary company behind ProstarM. The board of Prostarm Info Systems Limited currently have 8 directors; the longest-serving is Tapan Ghose, appointed in 2008. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tapan Ghose DIN 01739231 | Managing Director | 01 Aug 2008 | 18 yrs 2 mo | Prostarm Info Systems Limited |
| Vikas Shyamsunder Agarawal DIN 01940262 | Whole-time director | 01 Aug 2008 | 18 yrs 2 mo | Prostarm Info Systems Limited |
| Ram Agarwal DIN 01739245 | Whole-time director | 25 Mar 2022 | 4 yrs 6 mo | Prostarm Info Systems Limited |
| Goutam Paul DIN 06902493 | Director | 09 Mar 2023 | 3 yrs 7 mo | Prostarm Info Systems Limited |
| Mitali Chatterjee DIN 10044949 | Director | 09 Mar 2023 | 3 yrs 7 mo | Prostarm Info Systems Limited |
| Bhargav Chatterjee DIN 10045275 | Director | 09 Mar 2023 | 3 yrs 7 mo | Prostarm Info Systems Limited |
| Ganesh Basant Kumar Pansari DIN 10079829 | Director | 21 Mar 2023 | 3 yrs 6 mo | Prostarm Info Systems Limited |
| Shivkumar Baser DIN 10076598 | Director | 21 Mar 2023 | 3 yrs 6 mo | Prostarm Info Systems Limited |
People of ProstarM
4 people are tracked at ProstarM (4 in leadership); the tracked headcount is 352.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Vikas Agarwal | Co-Founder | Leadership |
| Founder & CEO | Leadership | |
Raghu Shastri | Co-Founder | Leadership |
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IPO & Listings of ProstarM
ProstarM is a publicly listed company on the NSE with ticker symbol PROSTARM in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date03 Jun 2025
- Listed onBSE: 544410 · NSE: PROSTARM
- Listed entityProstarm Info Systems Limited
- Exchange sectorProducer manufacturing
- ISININE0BX301013
- Share price₹133.20 (+3.15% on the day) · 2026-10-14
- Market capitalisation₹762 Cr
- Price to earnings22.1
- EPS (diluted, trailing year)₹6.04
- Volume (last session)137,513
Financials of ProstarM
Figures of Prostarm Info Systems Limited, the primary company behind ProstarM, for FY 2024. Revenue was ₹259 Cr (+12% year on year). Net profit was ₹22.83 Cr (9% margin). EBITDA was ₹36.62 Cr (14% margin). Revenue has grown at a compounded annual rate of +26% over three years.
- ₹259 CrRevenue · FY 2024 · +12% YoY
- ₹22.83 CrNet profit · 9% margin
- ₹36.62 CrEBITDA · 14% margin
- 187Employees (provident fund records)
- +26%Revenue CAGR, 3 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | ₹386 Cr | ₹33.0 Cr | ₹47.6 Cr |
| 2024 | ₹351 Cr | ₹29.7 Cr | ₹46.4 Cr |
| 2023 | ₹258 Cr | ₹23.3 Cr | ₹35.8 Cr |
| 2022 | ₹230 Cr | ₹20.0 Cr | ₹28.7 Cr |
| 2021 | ₹171 Cr | ₹11.4 Cr | ₹16.2 Cr |
Balance sheet, profit and loss, cash flow and ratios of Prostarm Info Systems Limited are on its company page.
Detailed financial statements for ProstarM
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Competitors of ProstarM
ProstarM has 9 listed competitors in our database, 2 of them funded. They include Borosil Renewables, Servoteh, Nessa, SuKam Solar and HVR Solar, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| borosilrenewables.com | 1962 | Mumbai, India | – | 762 | Solar glass is manufactured by Borosil Renewables for photovoltaic applications. | |
| servotech.in | 2004 | Delhi, India | – | 178 | Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs | |
| nessa.in | 2008 | Ahmedabad, India | $95,277 | 84 | Offers solar consumer goods | |
| sukam-solar.com | 1998 | Gurugram, India | $10.08M | 97 | Provider of range of products and services, including solar panels, inverters, and LED street lights for homes and industries | |
| hvrsolar.com | 2016 | Delhi, India | – | 59 | Manufactures solar panels, batteries, and modules for renewable energy solutions in India. | |
| gautamsolar.com | 1997 | Delhi, India | – | 19 | Manufactures solar modules and power plants with high-efficiency technology in India. | |
| ksolare.com | 2012 | Pune, India | – | 52 | Manufactures solar inverters and EV chargers for renewable energy solutions. | |
| dhashtec.com | 2017 | Bengaluru, India | – | 100 | Provides comprehensive solutions for PV junction boxes, connectors, and cables for solar panels. | |
| kosolenergie.com | 2005 | Ahmedabad, India | – | 92 | Manufactures solar products, provides renewable energy systems, and offers EPC services internationally. |
Detailed competitors of ProstarM
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Web traffic of ProstarM
The website of ProstarM (prostarm.com) receives about 4.2K visits a month.
- Monthly visits4.2K
▼ 42.7% vs previous month
Websites whose visitors overlap most with ProstarM. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
screener.in | screener.in | 100% | – | #1,968 | – |
amaze-india.com | amaze-india.com | 94% | – | #2,148,851 | – |
| bseindia.com | 93% | 10.6M | – | View details | |
| acmesolar.in | 92% | 12.8K | #1,765,266 | View details | |
| samco.in | 86% | 342.4K | #137,591 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for ProstarM
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Top companies in Renewable & Sustainable Energy
10 companies that operate in the same segment as ProstarM (Renewable & Sustainable Energy), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 1.96 B | – | – | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168 M | – | – | |
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M | – | – | |
Solar energy solutions and financing are provided for off-grid communities. | 2004 | Nairobi, Kenya | USD 118.02 M | USD 26.54 M | 103 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 374.18 M | USD 2.77 B | 8,690 | |
Sustainable energy solutions are developed and operated worldwide. | 2000 | Chicago, Illinois, United States | USD 575 M | – | 1,276 | |
Solar energy services are provided to residential customers nationwide. | 2007 | San Francisco, California, United States | USD 296.98 M | USD 2.96 B | 11,060 |
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Related news about Prostarm
Complete news archive for ProstarM
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Frequently Asked Questions about ProstarM
ProstarM was founded in 2008.
ProstarM is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ram Agarwal is the current CEO of ProstarM. They have also founded this company.
ProstarM has 352 employees.
The primary company behind ProstarM, Prostarm Info Systems Limited, reported revenue of ₹259 Cr for FY 2024, up 12% year on year.
ProstarM manufacturer of solar powered products, focusing on working in the energy sector, developing solar energy systems, solar products, multi-products, and diversified. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
ProstarM's top competitors include Servoteh, Borosil Renewables and SuKam Solar.
ProstarM offers UPS System, Hybrid Solar Inverter, Lithium Ion Battery Pack, Servo Controlled Voltage Stabilizers, and Isolation Transformers.
Yes, ProstarM is publicly traded on NSE under the ticker symbol PROSTARM.
ProstarM operates through Prostarm Info Systems Limited.
The legal entities of ProstarM currently have 10 directors, including Ram Agarwal, Tapan Ghose, Vikas Shyamsunder Agarawal and others.