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Issue Open Date
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30-Sep-21
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Issue Closing Date
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04-Oct-21
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Application Money
|
100
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Allotment Money
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|
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Price Band
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10
-
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Minimium Application No.
|
10000
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Issue Size (Shares)
|
1600000
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Market Lot
|
1
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Objective
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A. To meet the working capital requirements of the company.B. To meet the Issue Expenses.C. General Corporate Purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
|
|
Offered / Reserved |
Bid For |
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Non-Institutional Investors
|
|
1820000
|
|
Qualified Institutional Buyers
|
|
|
|
Retail Individual Investors
|
|
8650000
|
|
|
|
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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.
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Promoter's Holding
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|
Total Share Capital
|
4399960
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|
Offered to Public
|
1600000
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Promoter's Holding (Pre-Issue)
|
99.99
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Promoter's Holding (Post-Issue)
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73.33
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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
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Registrar |
Cameo Corporate Services Ltd
Subramanian Buildings No 1 Club House Road Chennai
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Listed at |
BSE
|
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Lead Manager |
Finshore Management Services Ltd.
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Promoters |
Shweta Bhardwaj Vishal Bhardwaj
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