| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹1.60 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹1.60 Cr |
| Fresh Issue | ₹1.52 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹10.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543375 |
| Registrar | Cameo Corporate Services Ltd. |
| Lead Managers | Finshore Management Services Ltd. |
| Allotment Status | |
| DRHP |
| RHP |
| Final Prospectus |
![]() ₹0 A/C OpeningFree MF ₹20F&O Trade ₹0Delivery 1Cr+Customers Open Free Account → |
![]() ₹0 A/C Opening₹0 AMC Trading Account ₹20F&O Trade ₹20Delivery FreeIPO Apply Open Free Account → |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 10,000 shares and in multiples thereof
Incorporated in 2017, Promax Power Limited is an ISO 14001:2015 and ISO 45001:2018 certified organization, 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 -
The company has a highly experienced and diverse set of professionally trained and qualified engineers capable of handling all requirements and installations, even at the highest scale and magnitude
.
Competitive strengths
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | 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 |
| 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 | |||
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manager Fees including Underwriting Commission, Brokerage, Selling Commission and upload Fees, Registrar to the Issue, Legal Advisors etc | 0.19 |
| 2 | Advertising and Marketing Expenses | 0.03 |
| 3 | Regulators Including Stock Exchanges | 0.05 |
| 4 | Printing and distribution of Issue Stationary | 0.02 |
Last Updated on 13-May-2026 10:31:36