Promax Power Limited IPO
Promax Power Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹10 per share. The stock debuted at ₹11, delivering a listing gain of 10.0%. The IPO had a lot size of ₹10000 shares and a minimum investment of ₹1,00,000.
Promax Power Limited IPO
- IPO Dates
- Oct 30, 2021 – Oct 4, 2021
- Price band
- ₹10 per equity share
- Minimum Investment
- ₹1,00,000
- Issue size
- ,600,000 Eq Shares of ₹10 (aggregating up to ₹1.60 Cr)
- Lot size
- 10000
- Allotment Date
- Oct 7, 2021
- Listing
- Oct 12, 2021
- Listing At
- BSE SME
IPO timeline
-
Oct 30, 2021
Open Date
Completed
-
Oct 4, 2021
Close Date
Completed
-
Oct 7, 2021
Allotment Date
Completed
-
Oct 12, 2021
Listing Date
Completed
Promax Power Limited IPO Essentials
Promax Power Limited IPO Details
Promax Power Limited IPO is priced at ₹10 per share with a total issue size of ,600,000 Eq Shares of ₹10 (aggregating up to ₹1.60 Cr). The IPO has a lot size of 10000 shares and is listed on BSE SME.
- Issue price
- ₹10 per equity share
- Lot size
- 10000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- ,600,000 Eq Shares of ₹10 (aggregating up to ₹1.60 Cr)
- Listing at
- BSE SME
- List price
- 11.00
- Listing date
- Registrar
- Cameo Corporate Services Limited
- Lead manager
-
Finshore Management Services Limited
Promax Power Limited IPO Analytics
Promax Power Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Promax Power Limited IPO Subscription Status
Promax Power Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 7,60,000 | 7,60,000 | 15,20,000 |
|
Day 1
30-09-21 06:00 PM
|
(1.46) x | 1.29 x | 1.38 x |
|
Day 2
01-10-21 06:00 PM
|
(1.58) x | 3.59 x | 2.59 x |
|
Day 3
04-10-21 06:00 PM
|
(2.39) x | 11.38 x | 6.89 x |
Promax Power Limited Valuations
Earnings
- EPS (Post IPO)
- ₹0.30/-
- P/E Ratio
- 33.63
Returns
- RoNW
- 3.65%
Promax Power Limited Financials( In Crs.)
| 31-Mar-21 | 31-Mar-20 | |
|---|---|---|
| Assets | 2.04 | 2.06 |
| Revenue | 3.68 | 0.77 |
| Profit After Tax | 0.01 | 0.03 |
Promax Power Limited Company & Offer Insights
About Promax Power Limited
Promax Power Limited is engaged in the business of engineering procurement construction for electrification, civil infrastructure, and water infrastructure management projects.
The company’s business segments can be divided into - Transmission Lines, Power Transmission & Distribution, Substation, Solar Projects EPC, Sewerage Treatment Plant, and Water Treatment Plant.
Promax Power Limited Promoter(s)
Mr. Vishal Bhardwaj, Mrs. Shweta Bhardwaj are the company's promoters of Promax Power Limited.
Promax Power Limited IPO Issue Objectives
- •
- Meet working capital requirements.
- •
- Meet issue expenses.
- •
- General corporate purposes.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Promax Power Limited IPO is a Fixed Priced IPO worth ₹,600,000 Eq Shares of ₹10 (aggregating up to ₹1.60 Cr). The issue price is ₹10 per share (fixed price). The IPO opens on Oct 30, 2021 and closes on Oct 4, 2021. It will be listed on BSE SME Platform. Cameo Corporate Services Limited is the registrar.
The issue price of Promax Power Limited IPO is ₹10 per share (fixed price).
The lot size of Promax Power Limited IPO is 10000 shares.
The minimum investment for Promax Power Limited IPO is approximately ₹1,00,000 based on the issue price .
Promax Power Limited IPO opens on Oct 30, 2021 and closes on Oct 4, 2021.
The allotment date of Promax Power Limited IPO is Oct 7, 2021.
Promax Power Limited IPO is expected to be listed on Oct 12, 2021, on BSE SME Platform.
Promax Power Limited IPO valuation snapshot: P/E 33.63, EPS ₹0.30/-, P/B N/A, RoNW 3.65%, and market cap N/A.
To apply for Promax Power Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Promax Power Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Promax Power Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Promax Power Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Promax Power Limited IPO allotment status on IPO Ji for quick and easy access.