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Promax Power Limited is an Engineering based company, located in Chandigarh, Promax Power Limited IPO size was 1.60 Cr. and was issued at 10.00 per share. The share of Promax Power Limited were listed at 11.50 per share and are currently trading at 31.60 per share.
*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.
*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.
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Promax Power operates in Engineering and Professional Solutions, Design And Engineering Services. The Issue is listed on BSE SME in Oct, 2021. Promax Power IPO size was 1.60 Cr. with Issue price of 10.00 .
Merchant Banker(s) of Promax Power IPO: Finshore Management Services Limited
Promax Power IPO subscription was 6.89 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Promax Power IPO listed at a listing price of 11.50 against the offer price of 10.00.
The current market price of Promax Power is 31.60.
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