Promax Power IPO Date, Bid, Company Analysis, Price, Review, Allotment, Market Lot Size

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Promax Power IPO Date, Bid, Company Analysis, Price, Review, Allotment, Market Lot Size

We have shared here Promax Power Limited Company Detailed Review and Promax Power IPO Release Date, IPO price, Subscription, Promax Power IPO Allotment. We also give detailed information on Company Analytics, Promax Power Financial Report, Promoters, Contact Information, and much more.

Promax Power IPO open date is Sep 30, 2021, and IPO close date is Oct 04, 2021. Promax Power Limited IPO Shares will list on Oct 12, 2021.


Table Of Contents

  1. Promax Power IPO Date, Detail
  2. Promax Power IPO Lot Size
  3. Promax Power IPO Company Promoters
  4. Promax Power IPO Company Overview & Details
  5. Promax Power IPO Listing & Allotment Timetable
  6. Promax Power Company Financial Report
  7. Promax Power IPO Prospectus
  8. Promax Power IPO Lead Managers
  9. Promax Power IPO Registrar
  10. Promax Power Company Contact Information
  11. Promax Power IPO FAQs

Promax Power IPO Date, Detail

IPO Issue Opening DateSep 30, 2021
IPO Issue Closing DateOct 04, 2021
Issue TypeFixed Price Issue IPO
Face Value₹10 per share
IPO Price₹10 per share
Lot Size10000 Shares
Listing AtSME, BSE
Issue Size₹1.60 Cr
Fresh Issue₹1.60 Cr

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)
Minimum110000₹100,000
Maximum220000₹200,000


Promax Power IPO Company Promoters

  1. Vishal Bhardwaj
  2. Shweta Bhardwaj

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 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 Prospectus


Promax Power IPO Lead Managers

  1. Finshore Management Services Limited



Promax Power IPO Registrar

Cameo Corporate Services Limited
76, 78, Modi St, Borabazar Precinct,
Ballard Estate, Fort, Mumbai, Maharashtra 400001

Phone: +91-44-28460390
Email: [email protected]
Website: https://online.cameoindia.com

Promax Power Company Contact Information

Promax Power Limited
1575/1, Sector 38-B, Chandigarh,
160014 UT India

Phone: 0172 4003904
Email: [email protected]
Website: https://www.promax.co.in/



Promax Power IPO FAQs

What is Promax Power IPO open Date?
Promax Power IPO opens on Sep 30, 2021.

What is Promax Power IPO Lot Size?
Promax Power IPO lot size is 10000 Shares.

What is Promax Power IPO Allotment Date?
Promax Power IPO allotment on Oct 07, 2021.

What is Promax Power IPO Listing Date?
Promax Power IPO listing date is Oct 12, 2021.

What is Promax Power IPO Price Band?
Promax Power IPO price band is ₹10 per share.

How to Apply Promax Power IPO through Zerodha?

Follow the given step to apply for Promax Power IPO through Zerodha
  1. Go to Zerodha website and log in to Console.
  2. Go to Portfolio and click on IPO link.
  3. You will find Promax Power IPO and click on Bid Button.
  4. Enter your UPI ID, Price, and Quantity.
  5. Submit IPO Application Form.
  6. The final step, go to your UPI App or BHIM App to Approve the mandate.

How to Apply the Promax Power IPO through Upstox?

Follow the given step to apply for Promax Power IPO through Upstox
  1. Log in to Upstox Application with your detail.
  2. Go to IPO link.
  3. You will find Promax Power IPO and click on Bid Button.
  4. Enter your Price and Quantity.
  5. Submit IPO Application Form.
  6. The final step, go to your UPI App or BHIM App to Approve the mandate.

Comments for Investors

This Detail is based on news that we get from the internet, so the dates may vary sometimes. We are just giving information about Promax Power IPO with Details.
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