Prakhar Software Solutions Ltd. refiled Draft Red Herring Prospectus (DRHP) with the NSE SME on Sep 29, 2025, reviving its IPO plans.
The company had initially submitted its IPO papers to SEBI on March 31, 2025.
Prakhar Software Solutions IPO Issue Details
- Type: Book-Built IPO
- Fresh Issue: 1.22 crore equity shares amounting to ₹[.] crores.
- Book Running Lead Manager: Arihant Capital Markets Ltd.
- Registrar to the Offer: Skyline Financial Services Pvt.Ltd.
About Prakhar Software Solutions Ltd.
Incorporated in January 2014, Prakhar Software Solution Limited operates in IT and e-government, providing services from Software Requirement Specification (SRS) document creation to software development and implementation.
Financial Performance Highlights:
Prakhar Software Solutions Ltd.’s total income grew by 52%, reached ₹145.40 crore in Mar 31, 2025, compared to ₹95.51 crore in Mar 31, 2024.
Profit after tax jumped 138% to ₹18.31 crore, compared to ₹7.69 crore.
