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Open
30 Sep to 4 Oct, 2021
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Close
30 Sep to 4 Oct, 2021
3
Allotment
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Listing
Tue, Oct 12, 2021
Price Band
₹10 per share
Issue Size
16,00,000 shares (agg. up to ₹2 Cr)
Lot Size
10,000 Shares
Listing Date
Tue, Oct 12, 2021
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 6.41x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|
| Assets | 20.43 | 20.66 | 0.01 |
| Total Income | 36.89 | 7.76 | |
| Profit After Tax | 0.18 | 0.31 | -0.00 |
| NET Worth | 4.89 | 0.32 | 0.01 |
| Reserves and Surplus | 0.49 | 0.31 | -0.00 |
| Total Borrowing | 6.09 | 11.20 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Destiny Logistics & Infra Ltd. | SME | ₹5.39 Cr | ₹20 | null | ₹19.70 | -1.50% | ₹100.65 |
| Markolines Traffic Controls Ltd. | SME | ₹40.00 Cr | ₹78 | null | ₹65.30 | -16.28% | ₹173.48 |
| Abhishek Integrations Ltd. | SME | ₹4.95 Cr | ₹50 | null | ₹38.00 | -24.00% | ₹21.15 |
| G R Infraprojects Ltd. | Mainboard | ₹962.37 Cr | ₹837 | null | ₹1,747.10 | +108.73% | ₹858.50 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet Working Capital Requirement | 1.22 |
| 2 | General Corporate Expenses | 0.10 |
| 3 | Public Issue Expenses | 0.28 |
About Promax Power IPO
Updated on Aug 5, 2026
Contact Details
Promax Power Ltd. AddressHouse No: 1575Ground FloorSector-38BChandigarh, Chandigarh, 1600380712-4003904cs@promax.co.inVisit Website