Archive · 15 Dec 2025
Prodocs Solutions Shares Hit Upper Circuit
Prodocs Solutions, a company in the IT-enabled services (ITES/BPO) business, had its shares listed on the BSE SME exchange on December 15, 2025.
The shares started at ₹144, which is a 4.35% premium over the issue price of ₹138.
The stock quickly reached its upper circuit limit of ₹151.20, meaning it hit the maximum allowed price increase for the day.
This happened even though the overall market was down.
The company's profits and revenues have been growing over the years.
They raised funds through an IPO, which was subscribed three times over.
The money raised will be used for various purposes like developing software, paying loans, and covering working capital needs.
Prodocs Solutions shares listed at ₹144, a 4.35% premium over the issue price of ₹138 on the BSE SME exchange.
The stock hit the upper circuit of ₹151.20, indicating strong market performance.
The company's profit increased from ₹1.54 crore in FY23 to ₹5.11 crore in FY25.
Revenue from operations was ₹36.61 crore in FY23, ₹45.43 crore in FY24, and ₹41.79 crore in FY25.
The IPO was subscribed nearly 3 times and raised a total of ₹27.60 crore.
- Who
- Prodocs Solutions
- What
- Shares hit upper circuit on BSE SME exchange
- When
- December 15, 2025
- Where
- BSE SME exchange
- Why
- Strong market performance and positive investor sentiment
- Listing Price
- ₹144
- Issue Price
- ₹138
- Upper Circuit Price
- ₹151.20
- Profit FY23
- ₹1.54 crore
- Profit FY24
- ₹3.16 crore
- Profit FY25
- ₹5.11 crore
- Profit FY26 (Sep 30)
- ₹3.43 crore
- Revenue FY23
- ₹36.61 crore
- Revenue FY24
- ₹45.43 crore
- Revenue FY25
- ₹41.79 crore
- Revenue FY26 (Sep 30)
- ₹20.54 crore
- IPO Subscription
- 3 times
- Fresh Issue Shares
- 16 lakh
- OFS Shares
- 4 lakh
- Total Funds Raised
- ₹27.60 crore