The Promax Power IPO Subscription Status has started and it is also being subscribed by QIB and NII & RII. let you know that the Promax Power IPO has opened on 30 September 2021 and closes on 4 October 2021. Which will be subscribed by 4 October 2021. Promax Power IPO is preparing to raise ₹1.60 Cr funds through its Fresh Issue and Offer For Sale, in which Fresh Issue of ₹1.60 Crores and Offer Sale of ₹0 Crores. and Promax Power IPO Price Band is Fixed ₹10.
Promax Power IPO reserved shares in this IPO, 50% for NII, and 50% for the retail category have been reserved. To know the Promax Power IPO Subscription Status, you can see the below-day Subscription.
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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}
| 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 IPO Form :
There are two ways to apply in Promax Power IPO. You can apply for Promax Power IPO through ASBA available in your bank account. You have to go to your online bank login and select Promax Power IPO in the Invest section and apply through your bank account. Another option is you can apply Promax Power IPO through IPO form download through NSE and BSE. See the Promax Power IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
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 Subscription Status FAQs :
How much was the total Promax Power IPO Subscription Status?
The total Promax Power IPO Subscription Status 6.89x times Day 3.
What is the Promax Power IPO retail subscription?
Promax Power IPO Retail Subscription 11.38x times Day 3.
How much is the Promax Power IPO QIB subscription?
The Promax Power IPO QIB subscription 0.0x times Day 3.
How much did Promax Power IPO NII subscribe?
Promax Power IPO NII Subscription 2.39x times Day 3.
What is Promax Power IPO Allotment Date?
Promax Power IPO allotment date is 7 October 2021.
What is Promax Power IPO Listing Date?
Promax Power IPO listing date is 12 October 2021. The IPO to list on BSE, SME.
How to Apply the Promax Power IPO through Zerodha?
“BSE SME IPO is Not Apply in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Promax Power IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Promax Power IPO through Upstox?
“BSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Promax Power IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Promax Power IPO through Groww?
“BSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Promax Power IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Promax Power IPO through Paytm Money?
“BSE SME IPO is Not Apply in Paytm Money”.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Promax Power IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Promax Power IPO GMP: Click Here Promax Power IPO Details: Click Here Promax Power IPO Allotment: Click Here Promax Power IPO Listing: Click Here |
All Promax Power IPO-related links are available here. If you want to know the details then click on Click Here Link.
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