Praruh Technologies Reports ₹98.28 Lakh Profit in H1, Completes ₹2,349.90 Lakh IPO Nov 14, 2025
Praruh Technologies Limited announced unaudited financial results for the half-year ended September 30, reporting a profit of ₹98.28 lakhs. The company recently completed its IPO, raising ₹2,349.90 lakhs by offering 37,30,000 equity shares at ₹63 per share. Praruh Technologies listed on the BSE SME Platform on October 1. The company disclosed its planned allocation of IPO proceeds, including ₹633 lakhs for loan repayment, ₹1,100 lakhs for working capital, and ₹100 lakhs for potential acquisitions. No IPO funds were utilized before September 30 as they were received after the listing date. The Audit Committee and statutory auditors found no issues with the financial results or fund utilization plans.