Promax Power IPO GMP, Price, Review, Date, Subscription, Allotment

Promax Power is established on 2017 by Mr. Vishal Bhardwaj, and Mrs. Shweta Bhardwaj are the company promoters.

Promax Power IPO: Promax Power Limited is a company that specialises in designing, procurement, and construction for electrification, civil infrastructure, and water infrastructure management projects.

Transmission Lines, Power Transmission & Distribution, Substation, Solar Projects EPC, Sewerage Treatment Plant, and Water Treatment Plant are the company’s business segments.

Promax Power IPO details

Subscription Dates 30 Sep – 4 Oct 2021
Price Band 10 Rs Per Share
Fresh issue 1.60 Crore
Offer for sale Nil
Total size 1.60 Crore
Minimum bid (lot size) 10,000 Share
Face Value 10 Rs share
Listing On BSE SME

Promax Power IPO Market Lot

Lot No of Shares Amount
Minimum 1 10,000 Shares 1,00,000 Rs
Maximum 2 20,000 Shares 2,00,000 Rs

Financial Record of the last year (In Thousands)

Financial Period : 31-MAR-21
Total Assets : 2,04,296.54
Total Revenue : 3,68,890.89
Profit After Tax : 1,783.89
Earnings Per Share (EPS) FY2021 : 2.37 INR

Promax Power IPO Allotment Date & Details

Allotment Date 7 Oct 2021
Initiation of refunds 8 Oct 2021
Transfer of shares to Demat accounts 11 Oct 2021
Listing Date 12 Oct 2021
Check Allotment Status Click here

Promax Power IPO GMP

There is No grey market premium right now. will Update soon.

Registrar of Promax Power

Cameo Corporate Services Limited
Subramanian Building,
1 Club House Road,
Chennai-600 002
Tamil Nadu, India
Phone: +91 44 2846 0390
Fax: +91 44 2846 0129
Email: [email protected]

Promax Power Limited Contact Details

Promax Power Limited
House No: 1575,
Ground Floor, Sector – 38B,
Chandigarh – 160038, Union Territory, India.
Phone: 0712-4003904
Email: [email protected]

Promax Power Lead Managers

Finshore Management Services Limited

FAQ Question

  • When is Promax Power IPO Listing Date?

Promax Power IPO listing date is 12 Oct,2021.

  • When Promax Power IPO allotment?

Promax Power IPO Allotment date is 07 Oct,2021.

  • What is Promax Power IPO GMP ( Grey market premium) ?

Check latest IPO GMP

  • What is the lot size of Promax Power IPO?


  • How to apply in Promax Power IPO through Zerodha?

1) Log in to Console on the Zerodha website.
2) Navigate to Portfolio and choose the IPOs link.
3) Click the ‘Bid’ button in the ‘Promax Power IPO’ row.
4) Fill in your UPI ID, Quantity, and Price.
5) Fill out the IPO application form and click the “ Submit ” button.
6) To approve the mandate, go to the UPI App (net banking or BHIM).

  • How to check Promax Power IPO Allotment?

User can check Promax Power IPO Allotment on cameoindia

  • How to check Promax Power IPO Subscription Status?

User can check Promax Power IPO Subscription Status on our website.

  • What is the Price band of Promax Power IPO?

10 Rs

  • What is the Issue Size of Promax Power IPO?

1.60 Crore

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