Promax Power Limited
Fixed Price IPO · BSE
- Price band
- ₹10 - ₹10
- Lot size
- 10,000 shares
- Issue amount
- ₹1.6 cr
- Total subscription
- 0×
- Opens
- 30 Sept 2021
- Closes
- 4 Oct 2021
- Allotment
- 7 Oct 2021
- Listing
- 12 Oct 2021
Offer at a glance
Issue overview
- Issue size
- 16,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,00,000
- Fresh issue
- ₹1.6 cr
- Offer for sale
- ₹0 cr
- Registrar
- Cameo Corporate Services Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,00,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 44,00,000
- Shares after issue
- 60,00,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 10,000 | ₹1,00,000 |
| HNI | 2 | 30,000 | ₹3,00,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
Incorporated in 2017, Promax Power Limited is an ISO-certified company specializing in engineering, procurement, and construction (EPC) for electrification, civil, and water infrastructure projects. Its business spans transmission lines up to 220 KV, power transmission and distribution for high-rise buildings and commercial complexes, substation works including transformers, switchyards, and lighting, as well as solar EPC projects, sewage treatment, and water treatment plants. The company has a team of skilled engineers capable of handling complex and large-scale installations from design to implementation and start-up.
Strengths
- Stable Company: Backed by experienced management.
- Strong Customer Relations: Maintains good ties with clients.
- Structured Organization: Clear and well-defined setup.
- Reliable Suppliers: Maintains strong supplier relationships.
- Quality Certified: Adheres to quality standards with ISO certifications.
Promoters
Mr. Vishal Bhardwaj
Mrs. Shweta Bhardwaj
Registrar & documents
Lead manager
Finshore Management Services Limited
Registrar & contacts
Cameo Corporate Services Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
House No: 1575, Ground Floor, Sector – 38B, Chandigarh – 160038, Union Territory, India.
0712-4003904
[email protected]Company website ↗Understanding PROMAX IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.