BSE - SMEListed
Promax Power Limited
Company websitePromax Power Limited — Issue: ₹16,00,000 cr, Fresh: ₹16,00,000 cr, OFS: ₹0 cr.
Total shares on offer: 10000. Apply from 30-09-2021 to 04-10-2021. Consider your investment horizon — IPOs can be volatile on listing day.
Start Date30-09-2021
End Date04-10-2021
Listing Date12-10-2021
Allotment Date07-10-2021
Current Price₹11
GMP₹0 (0.00%)
Lot Size10000 Shares
Subscription0 Times
Face Value₹10 per share
Listing atBSE
Issue Price₹10 - ₹10
Pre Issue₹44,00,000
Post Issue₹60,00,000
Issue Size₹16,00,000
(aggregating up to 1.60 Cr)
(aggregating up to 1.60 Cr)
Fresh Issue₹16,00,000
(aggregating up to 1.60 Cr)
(aggregating up to 1.60 Cr)
Offer For Sale-
The Grey Market Premium (GMP) for Promax Power Limited is currently around ₹0 (0.00%). This indicates an estimated listing price of approximately ₹10 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.
Gmp Details
| Last Updated | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
10 Apr 2025, 12:48 | ₹10 | ₹0 | ₹10 (0.00%) |
Financials overview In Lakhs
Here is a quick look at the recent financial performance of Promax Power Limited . The numbers below ( In Lakhs ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.
The IPO reservation for Promax Power Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.
IPO Reservation
| Category | Shares Offers | No. of Shares |
|---|---|---|
Market Maker | 5.00% | 80,000 |
NII (HNI) | 47.50% | 7,60,000 |
RETAIL | 47.50% | 7,60,000 |
TOTAL | 100.00% | 16,00,000 |
Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
Retail (Min) | 1 | 10,000 | ₹1,00,000 | |
HNI | 2 | 30,000 | ₹3,00,000 |
Below you can find the official contact details of Promax Power Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.
Company Details
Email: cs@promax.co.in
Phone: 0712-4003904
Website: https://www.promax.co.in/
Address: House No: 1575, Ground Floor, Sector – 38B, Chandigarh – 160038, Union Territory, India.
IPO Registrar
Name: Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/