Promax Power IPO allotment status will be done on 7 October 2021, and for investors whose bids are not completed, their money will be refunded on 8 October 2021. Let us tell you that Promax Power IPO got a good subscription from investors. The total Promax Power IPO Subscription Status subscribed 6.89x times so far, with QIB subscribed 0.0x and NII subscribed 2.39x times & RII 11.38x times. Promax Power IPO Subscription to all Got good subscription in the category.
It will be very difficult to get an allotment in Promax Power according to the subscription number. To Check Promax Power Allotment IPO investors can check their Promax Power Share Allotment Status online on the BSE website, IPO Registrar Cameo Corporate website or they can also check it through their bank account and Demat login.
Here are 4 steps from where Promax Power IPO allotment status can be checked online and offline. To know the allotment status we will update here so that you can know your allotment status.
Check IPO Allotment Status :
The Promax Power IPO allotment status can be checked by the investors who have subscribed for the IPO by visiting the official website of BSE and Cameo Corporate Service Ltd, the registrar to the issue.
Step 1: How to check Promax Power IPO Allotment Status on BSE?
- Visit the official website of BSE by clicking on the link- https://www.bseindia.com/investors/appli_check.aspx
- Select the ‘Equity’ option and then from the dropdown, Select issue name “Promax Power Limited”
- Enter your application number and PAN card number next.
- Click on the “Search” button.
- you can see your Promax Power IPO Allotment status report.
Step 2: How to check Promax Power IPO Allotment Status on Cameo Corporate Service Ltd?
- Visit the Cameo IPO allotment link – https://cambridge.cameoindia.com/Module/IPO_Status.aspx
- Select IPO Name ‘Promax Power Limited’ from the drop-down menu bar.
- Select Option from PAN Number, Application Number, or DP ID Option
- As per selection add PAN Number, Application Number, or Demat Account Number.
- Enter the six-digit Captcha.
- Click on the ‘Search’ Button
- You will able to see your Promax Power IPO Allotment status report.
Step 3: How to check Promax Power IPO Allotment in Demat Account?
- Login to Your Demat Account / Trading Account.
- Check the stock is credited to your account or not.
- If you got the allotment the credited shares will appear in the Demat account.
Step 4: How to check Promax Power IPO Allotment in Bank Account?
- Login to your Bank Account from which you applied the Promax Power IPO.
- Check your Amount Balance.
- If you got the allotment the Amount will be Debited.
- If you did not get the allotment the Amount will be released to your bank account.
Promax Power IPO Subscription Status {Live Update} :
The total Promax Power IPO Subscription Status subscribed 6.89x times so far, with QIB subscribed 0.0x and NII subscribed 2.39x times & RII 11.38x times on Day 3. {Update Time: 04 Oct 2021 5:00 Pm} {Closed}
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.0x | 0.0x | 0.0x |
| NII : | 1.46x | 1.58x | 2.39x |
| RII : | 1.29x | 3.59x | 11.38x |
| EMP : | 0.0x | 0.0x | 0.0x |
| Total : | 1.38x | 2.59x | 6.89x |
Promax Power IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Offer |
| IPO Open : | 30 September 2021 |
| IPO Close : | 4 October 2021 |
| IPO Size : | ₹1.60. Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹10 Per Share |
| Listing On : | BSE, SME |
| Issue Size : | ₹1.60 Cr |
| Fresh Issue : | ₹1.60. Cr |
| Offer For Sale : | ₹. Cr |
Promax Power IPO Market Lot :
Promax Power IPO Minimum Market lot is 1 Lot with 10000 shares with ₹100,000 Application amount. The retail investors can apply up to 2 lot with 20000 Shares or ₹200,000 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 10000 |
| Minimum Amount : | ₹100,000 |
| Minimum Lot Size : | 2 Lot |
| Maximum Shares : | 20000 |
| Maximum Amount : | ₹200,000 |
Promax Power IPO Shares Offer :
A total of 16,00,000 shares are to be bid for the public issue by Promax Power IPO with 16,00,000 for Fresh issue and – for offer for sale – Shares
| Category | Shares Offers | Amount |
|---|---|---|
| Fresh issue : | 16,00,000 | ₹1.60 Cr |
| Offer For Sale : | – | ₹ |
| Total : | 16,00,000 Eq Shares | ₹1.60 |
Promax Power IPO Reservation :
Promax Power IPO Total Reservation of 16,00,000 shares are to be bid for the public issue by Promax Power IPO with – for QIB and 7,60,000 for NII 7,60,000 For RII & 80,000 Shares EMP.
| Category | Reservation | Shares | Amount |
|---|---|---|---|
| QIB : | % | – | ₹ |
| NII : | 50% | 7,60,000 | ₹76.00 L |
| RII : | 50% | 7,60,000 | ₹76.00 L |
| MMRP : | – % | 80,000 | ₹8.00 L |
| Total : | 100% | 16,00,000 | ₹1.60 Cr |
Promax Power IPO Dates :
Promax Power IPO Date is 30 September 2021 and closes on 4 October 2021. The allotment will be finalized on 7 October 2021 and the IPO may list on 12 October 2021.
| Issue Open Date : | 30 September 2021 |
| Issue Close Date : | 4 October 2021 |
| Allotment Date : | 7 October 2021 |
| Refund Date : | 8 October 2021 |
| Share Credit Date : | 11 October 2021 |
| Listing Date : | 12 October 2021 |
Promax Power Company Financial Report (Thousand) :
| Year | Assets | Revenue | PAT |
| 2020 | ₹2,04,296.54 | ₹3,68,890.89 | ₹1783.89 |
| 2019 | ₹2,06,637.84 | ₹77,632.97 | ₹3114.72 |
| 2018 | ₹106.30 | ₹N/A | ₹0.11 |
Promax Power IPO Allotment Status FAQs :
When is Promax Power IPO Allotment expected?
The Promax Power IPO Allotment status will be available on 07 October 2021.
What will be Promax Power IPO Refund Date?
The Promax Power IPO refund date is 08 October 2021.
When will Promax Power IPO get listed?
Promax Power IPO listing date is 12 October 2021. The IPO to list on BSE, SME.
What is the expected listing price of the Promax Power IPO?
The expected listing price of Promax Power IPO depends on Market Sentiment & many factors So the actual listing price is difficult to guess.
What is the chance to get the Promax Power IPO Allotment?
The chance to get the Promax Power IPO Allotment is very hard. the expected ratio is 12:1 per application.
Where to Find Promax Power IPO Allotment status Link?
Promax Power IPO Allotment status link is Check IPOBAZAR Allotment Status Page.
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