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Best Performers
Promax Power Ltd.
Issue Open Date 30-Sep-21  
Issue Closing Date 04-Oct-21  
Application Money 100  
Allotment Money  
Price Band 10 -  
Minimium Application No. 10000  
Issue Size (Shares) 1600000  
Market Lot 1  
Objective
A. To meet the working capital requirements of the company.B. To meet the Issue Expenses.C. General Corporate Purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     1820000    
Qualified Institutional Buyers        
Retail Individual Investors     8650000    
Business Description
We provide high quality professional solutions, design and engineering services to our customers. Our highly skilled professionals and dedicated team are ever ready to deliver their efficient services. Promax provides technical expertise in the most efficient and cost-effective way, helping to ensure the highest degree of reliability and availability of the project. Having achieved certain degree of expertise after successfully executing various projects, we have an extremely experienced and diverse set of professionally trained and qualified engineers having versed ability in tackling and providing solutions to our customers and capability to handle all requirements and installations even at the highest scale and magnitude. We are having a professional managed team to execute our projects having vast techno-commercial knowledge and experience in the field of EPC.
Promoter's Holding
Total Share Capital   4399960  
Offered to Public   1600000  
Promoter's Holding (Pre-Issue)   99.99  
Promoter's Holding (Post-Issue)   73.33  
Address
First Floor
S C O 69
Sector 38 C

Chandigarh,
Union Territory,
160036
Phone : 9023168830
Email : info@promax.co.in
Website : www.promax.co.in
Registrar
Cameo Corporate Services Ltd
Subramanian Buildings No 1
Club House Road

Chennai
Listed at
BSE
Lead Manager
Finshore Management Services Ltd.
Promoters
Shweta Bhardwaj
Vishal Bhardwaj
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