Promax Power IPO Subscription Status {Live Update 2021}

Promax Power IPO

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}

CategoryDay 1Day 2Day 3
QIB :0.0x0.0x0.0x
NII :1.46x1.58x2.39x
RII :1.29x3.59x11.38x
EMP :0.0x0.0x0.0x
Total :1.38x2.59x6.89x

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
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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

CategoryShares OffersAmount
Fresh issue :16,00,0001.60 Cr
Offer For Sale :
Total :16,00,000 Eq Shares 1.60
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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.

CategoryReservationSharesAmount
QIB :%
NII :50%7,60,00076.00 L
RII :50%7,60,00076.00 L
MMRP :– %80,0008.00 L
Total :100%16,00,0001.60 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) :

YearAssetsRevenuePAT
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
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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.

Promax Power IPO Subscription Status

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.

Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.

Promax Power IPO Subscription Status {Live Update 2021}
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