{"id":12965,"date":"2021-09-28T13:45:09","date_gmt":"2021-09-28T08:15:09","guid":{"rendered":"https:\/\/www.seminarsonly.com\/news\/?p=12965"},"modified":"2022-03-09T13:14:12","modified_gmt":"2022-03-09T07:44:12","slug":"promax-power-ltd-ipo-allotment-date-share-stock-price-gmp-review-details","status":"publish","type":"post","link":"https:\/\/seminarsonly.com\/news\/promax-power-ltd-ipo-allotment-date-share-stock-price-gmp-review-details\/","title":{"rendered":"Promax Power Ltd IPO Allotment Date : Share, Stock Price, GMP, Review, Details"},"content":{"rendered":"<h2><span style=\"color: #800000;\">Promax Power Ltd IPO Allotment Date : Share, Stock Price, GMP, Review, Details<\/span><\/h2>\n<p>-Established in 2004, More than 15 years of experience in Project Management &amp; Execution.<br \/>\n-Company exclusively focused to its core-business since inception.<\/p>\n<p>-Executing turnkey Power, substation, transmission line, Hydro, distribution, electrification, Civil construction, Pre-engineered Building, High Rise Building, Sewerage and Water treatment projects.<\/p>\n<p>-Dedicated in House Design and Engineering team.<\/p>\n<p>An engineering company offering high quality professional solutions, design and engineering services to its customers. our highly skilled professionals and dedicated team ready to deliver their services. Promax provides technical expertise in the most efficient and cost-effective way helping to ensure the highest degree of reliability and availability of your project.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"SCALVgnuNh\"><p><a href=\"https:\/\/www.seminarsonly.com\/news\/chase-freedom-unlimited-steps-for-chase-account-sign-up\/\">Chase Freedom Unlimited : Steps for Chase Account Sign up<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Chase Freedom Unlimited : Steps for Chase Account Sign up&#8221; &#8212; Seminarsonly.com\" src=\"https:\/\/www.seminarsonly.com\/news\/chase-freedom-unlimited-steps-for-chase-account-sign-up\/embed\/#?secret=9aFHxqWqDb#?secret=SCALVgnuNh\" data-secret=\"SCALVgnuNh\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>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.<\/p>\n<div class=\"first-row-left\">\n<div class=\"logo-wrapper loaded\"><img decoding=\"async\" class=\"alternative-logo aligncenter\" src=\"https:\/\/www.promax.co.in\/wp-content\/uploads\/2015\/04\/logo2.png\" height=\"96\" \/><\/div>\n<div>\n<div class=\"top-title border-bottom top-payable-wrap\">\n<div class=\"row align-items-center\">\n<div class=\"col-md-7 col-lg-5\">\n<h2><span style=\"color: #800000;\">Promax Power Ltd<\/span><\/h2>\n<p class=\"cat\"><span class=\"item singal-item font14 darakgray-text \">&#8211; Finshore Management Services Limited<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"money-payable-desc mb50\">\n<p class=\"desc\">Initial public offer of 16,00,000 equity shares of face value of Rs. 10\/- each (Equity Shares) of Promax Power Limited (The Company or the Issuer) for cash at a price of Rs. 10\/- per equity share at par (The Issue Price), aggregating to Rs. 1.60 Crores (The Issue), of which 80,000 equity shares of face value of Rs. 10\/- each for cash at a price of Rs. 10\/- per equity share, aggregating to Rs. 0.08 Croress will be reserved for subscriptions by the market maker to the issue (The Market Maker Reservation Portion).<\/p>\n<p class=\"desc\">The issue less market maker reservation portion i.e. issue of 15,20,000 equity shares of face value of Rs. 10\/- each for cash at a price of Rs. 10\/- per equity share, aggregating to Rs. 1.52 Croress is here in after referred to as The net Issue. the issue and the net issue will constitute 26.67% and 25.33% respectively of the post issue paidup equity share capital of the company.The face value of the equity share is Rs. 10\/- each and the issue price is Rs. 10\/- i.e., 1 time of the face value of the equity shares.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"GkPGQRavIZ\"><p><a href=\"https:\/\/www.seminarsonly.com\/news\/myeclass-sign-in-how-to-login-in-myeclass-academy\/\">Myeclass Sign In : How to Login in MyeClass Academy ?<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Myeclass Sign In : How to Login in MyeClass Academy ?&#8221; &#8212; Seminarsonly.com\" src=\"https:\/\/www.seminarsonly.com\/news\/myeclass-sign-in-how-to-login-in-myeclass-academy\/embed\/#?secret=SU7dsZ0XSq#?secret=GkPGQRavIZ\" data-secret=\"GkPGQRavIZ\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<div class=\"col-lg-12 col-xl-6\">\n<div class=\"border-block p-3\">\n<div class=\"payable-top\">\n<h2 class=\"title\"><span style=\"color: #800000;\">ISSUE<\/span><\/h2>\n<div class=\"payable-bottom value-wrap\">\n<h3><span class=\"lbl\">Opens On: <\/span><span class=\"big-val\">30 Sep 2021<\/span><\/h3>\n<h3><span class=\"lbl\">Closes On: <\/span><span class=\"big-val\">04 Oct 2021<\/span><\/h3>\n<\/div>\n<h2 class=\"title\"><span style=\"color: #800000;\">MONEY PAYABLE ON<\/span><\/h2>\n<div class=\"payable-bottom value-wrap\">\n<ul>\n<li><span class=\"lbl\">Application: <\/span><span class=\"big-val\">10<\/span><\/li>\n<li><span class=\"lbl\">Allotment: <\/span><span class=\"big-val\">0<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"col-lg-12 col-xl-6 mt-xl-0 mt-3\">\n<div class=\"border-block p-3 value-wrap blockheight\">\n<h3><span class=\"lbl\">Project Cost (Cr.): <\/span><span class=\"big-val\">1.32<\/span><\/h3>\n<h3><span class=\"lbl\">Post Issue Equity Share Capital (Cr.): <\/span><span class=\"big-val\">6<\/span><\/h3>\n<h3><span class=\"lbl\">Issue Price (D): <\/span><span class=\"big-val\">10<\/span><\/h3>\n<\/div>\n<p class=\"project-quote-desc\">Further Multiples of:\u00a010000<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"N4YlVD7uM8\"><p><a href=\"https:\/\/www.seminarsonly.com\/news\/mycherrycreek-login-sign-in-cherry-creek-school-district\/\">Mycherrycreek Login : Sign In &#8211; Cherry Creek School District<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Mycherrycreek Login : Sign In &#8211; Cherry Creek School District&#8221; &#8212; Seminarsonly.com\" src=\"https:\/\/www.seminarsonly.com\/news\/mycherrycreek-login-sign-in-cherry-creek-school-district\/embed\/#?secret=jYd67F9HR5#?secret=N4YlVD7uM8\" data-secret=\"N4YlVD7uM8\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"first-row-right\">\n<div class=\"first-row-right-inner\">\n<h2 id=\"header-text\" style=\"text-align: left;\"><span style=\"color: #800000;\">Address<\/span><\/h2>\n<\/div>\n<\/div>\n<div>\n<div class=\"mx-auto col-lg-3 address-wrap\">\n<div class=\"border-block p-3 value-wrap\">\n<p class=\"office-add font14 darakgray-text\">House No:1575 Ground Floor\u00a0Sector 38B\u00a0Chandigarh<\/p>\n<p class=\"office-add font14 darakgray-text\">Union Territory-\u00a0160038<\/p>\n<p class=\"office-phone font14 darakgray-text pt-1\">Phone &#8211;\u00a09023168830<\/p>\n<\/div>\n<\/div>\n<div class=\"mx-auto col-lg-3 fax-wrap\">\n<div class=\"border-block p-3 value-wrap\">\n<p class=\"fax-num font14 darakgray-text\">Fax &#8211;<\/p>\n<p class=\"office-email font14 darakgray-text pt-1\">Email &#8211;\u00a0vishal@promax.co.in<\/p>\n<p class=\"office-web font14 darakgray-text pt-1\">Website &#8211;\u00a0www.promax.co.in<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Promax Power Ltd IPO Allotment Date : Share, Stock Price, GMP, Review, Details -Established in 2004, More than 15 years of experience in Project Management &amp; Execution. -Company exclusively focused&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-12965","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Promax Power Ltd IPO Allotment Date : Share, Stock Price, GMP, Review, Details - Seminarsonly.com<\/title>\n<meta name=\"description\" content=\"Initial public offer of 16,00,000 equity shares of face value of Rs. 10\/- each (Equity Shares) of Promax Power Limited (The Company or the Issuer) for cash at a price of Rs. 10\/- per equity share at par (The Issue Price), aggregating to Rs. 1.60 Crores.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seminarsonly.com\/news\/promax-power-ltd-ipo-allotment-date-share-stock-price-gmp-review-details\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Promax Power Ltd IPO Allotment Date : Share, Stock Price, GMP, Review, Details\" \/>\n<meta property=\"og:description\" content=\"Initial public offer of 16,00,000 equity shares of face value of Rs. 10\/- each (Equity Shares) of Promax Power Limited (The Company or the Issuer) for cash at a price of Rs. 10\/- per equity share at par (The Issue Price), aggregating 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