Promax Power IPO Subscription starts from 30 Sep, 2021 and it will close on 04 Oct, 2021.
In Promax Power IPO , The Retail Portion is 50%.
Promax Power IPO minimum lot size is 10000 shares with ₹1,00,00 price and maximum lot size is 2 lots with ₹2,00,000 price.
Promax Power IPO will raise ₹1.6 crores through this IPO.
We have shared here Promax Power IPO Subscription Status Live Data for Consumers.
Promax Power IPO Subscription Status (Day by Day)
Table Of Contents
Promax Power IPO Live Subscription Status
| Date | NII (x) | Reatil (x) | Total (x) |
| 30 Sep, 2021 05:00 PM | 1.46 | 1.29 | 1.38 |
| 01 Oct, 2021 05:00 PM | 1.58 | 3.59 | 2.59 |
| 04 Oct, 2021 05:00 PM |
Promax Power IPO Shares Offered
Promax Power IPO offers 7,60,000 shares to retail investors, 7,60,000 shares to NII investors.
So Promax Power IPO offers total of 15,20,000 shares to investors.
| Category | Shares Offered |
| NII | 7,60,000 |
| Reatil | 7,60,000 |
| TOTAL | 15,20,000 |
Promax Power IPO Date, Detail
| IPO Issue Opening Date | Sep 30, 2021 |
| IPO Issue Closing Date | Oct 04, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per share |
| IPO Price | ₹10 per share |
| Lot Size | 10000 Shares |
| Listing At | SME, BSE |
| Issue Size | ₹1.60 Cr |
| Fresh Issue | ₹1.60 Cr |
Promax Power IPO Company Overview & Details
Established in 2004, Promax Power Limitedfocus on Executing turnkey Power, substation, transmission line, Hydro, distribution, electrification, Civil construction, Pre-engineered Building, High Rise Building, Sewerage and Water treatment projects.
The company provides engineering, procurement, construction, project management and Commissioning services.
Company Strengths:
- Experience of execution of Transmission line and Substation up to 400kV voltage level.
- Worked with International clients of Africa, Middle East & SAARC countries.
- Highly qualified and skilled civil team.
- Excellent quality team members, having strong hold on ISO and other Standards.
Promax Power IPO Lot Size
The Promax Power IPO market lot size is 10000 shares. An individual investor can apply for up to 2 lots.
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 10000 | ₹100,000 |
| Maximum | 2 | 20000 | ₹200,000 |
Promax Power IPO Listing & Allotment Timetable
| IPO Open Date | Sep 30, 2021 |
| IPO Close Date | Oct 04, 2021 |
| Allotment Date | Oct 07, 2021 |
| Initiation of Refunds | Oct 08, 2021 |
| Credit of Shares to Demat Account | Oct 11, 2021 |
| IPO Share Listing Date | Oct 12, 2021 |
Promax Power Company Financial Report
| Year | Assets (Rs. lakhs) | Revenue (Rs. lakhs) | Profit (Rs. lakhs) |
| March-2021 | ₹2.04 | ₹3.7 | ₹0.02 |
| March-2020 | ₹2.06 | ₹0.77 | ₹0.03 |
Promax Power IPO Subscription FAQs
What is Promax Power IPO open Date?
Promax Power IPO opens on Sep 30, 2021.
How much Promax Power IPO subscribed?
Promax Power IPO is subscribed 2.59 times till Oct 01, 2021.
How much Promax Power IPO retail subscription subscribed?
Promax Power IPO retail portion is subscribed 3.59 times till Oct 01, 2021.
How much Promax Power IPO NII subscription subscribed?
Promax Power IPO NII is subscribed 1.58 times till Oct 01, 2021.
What is Promax Power IPO Listing Date?
Promax Power IPO listing date is Oct 12, 2021.
Comments for Investors
This Detail is based on news that we get from the internet, so the data may vary sometimes.
We are just giving information about Promax Power IPO subscription with Details.