Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Thu, Sep 30, 2021 - Mon, Oct 4, 2021
| Details | NII | Retail | Total |
|---|---|---|---|
| Allocation (No. of shares) | 7,60,000 | 7,60,000 | 15,20,000 |
| Allotment price (Rs.) | 10 | 10 | 10 |
| No.of applications | 30 | 778 | 808 |
| No.of shares applied | 16,10,000 | 81,30,000 | 97,40,000 |
| Amount collected (Rs.cr.) | 1.61 | 8.13 | 9.74 |
| No.of times subscribed | 2.12 | 10.70 | 6.41 |
| No.of shares allotted | 2,50,000 | 12,70,000 | 15,20,000 |
| Amount (Rs.cr.) | 0.25 | 1.27 | 1.52 |
| No.of allottees | 19 | 127 | 146 |
Promax Power IPO is a public issue of 0.15 Cr equity shares. The issue offers 0.08 Cr shares to retail investors , 0.08 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).
| Category | Shares Offered | Amt (₹ Cr.) | Size (%) |
|---|---|---|---|
| Market Maker | 80,000 | 0.08 | 5.00% |
| Other | 7,60,000 | 0.76 | 47.50% |
| Retail | 7,60,000 | 0.76 | 47.50% |
| Total | 16,00,000 | 1.60 | 100% |
The Promax Power IPO is subscribed 6.8882 times by Oct 04, 2021 05:45.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | |
| Non Institutional | 2.3947 |
| Retail Individual | 11.3816 |
| Total Subscription | 6.8882 |
An investor can apply in Promax Power IPO online via bank (using ASBA) or the broker (using UPI). The Promax Power IPO shares are offered online only.
The Promax Power IPO is subscribed 6.8882 times by Oct 04, 2021 05:45.
The Promax Power IPO allotment status is expected on or around Thursday, October 7, 2021. Visit Promax Power IPO allotment status to check.
The Promax Power IPO listing date is October 12, 2021. The equity share of Promax Power IPO will list on BSE SME.
Visit Promax Power IPO subscription status page for real-time bidding information about Promax Power IPO.
| IPO opens On | Thursday, September 30, 2021 |
| IPO Closes On | Monday, October 4, 2021 |
| Finalisation of Basis of Allotment | Thursday, October 7, 2021 |
| Initiation of Refunds | Friday, October 8, 2021 |
| Credit of Shares to Demat Account | Monday, October 11, 2021 |
| IPO Listing Date | Tuesday, October 12, 2021 |
| IPO Details |
| IPO Recommendations |
| IPO Live Subscription |
| IPO Live News |
| IPO Allotment Status |
| IPO Basis of Allotment Document |
| IPO FAQs |
