IPO Trending
PROMAXSME / BSEListed

Promax Power Limited

Incorporated in 2017, Promax Power Limited is an ISO-certified company specializing in engineering, procurement, and construction (EPC) for electrification, civil, and water infrastructure projects. Its business spans transmission lines up to 220 KV, power transmission and distribution for high-rise buildings and commercial complexes, substation works including transformers, switchyards, and lighting, as well as solar EPC projects, sewage treatment, and water treatment plants. The company has a team of skilled engineers capable of handling complex and large-scale installations from design to implementation and start-up.

₹10 - ₹10Open
Listed Price11.00
Listing Gain+10.00%
TimelineFixed Price IPO
Open30 Sep 2021
Close04 Oct 2021
Allotment07 Oct 2021
Listing12 Oct 2021

Quota Reservation Portions

Market MakerPortion: 80,000 shares
5%
Nii (hni)Portion: 7,60,000 shares
47.5%
RetailPortion: 7,60,000 shares
47.5%

Minimum Application Bracket Matrix

Retail1 lots / 10,000 shares
₹1,00,000
HNI2 lots / 30,000 shares
₹3,00,000

About the Company

Incorporated in 2017, Promax Power Limited is an ISO-certified company specializing in engineering, procurement, and construction (EPC) for electrification, civil, and water infrastructure projects. Its business spans transmission lines up to 220 KV, power transmission and distribution for high-rise buildings and commercial complexes, substation works including transformers, switchyards, and lighting, as well as solar EPC projects, sewage treatment, and water treatment plants. The company has a team of skilled engineers capable of handling complex and large-scale installations from design to implementation and start-up.

Company Promoters

Mr. Vishal BhardwajMrs. Shweta Bhardwaj