MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-20-0002216
Market Cap
₹43.75 Cr
PROMAX · BSE
Share Price
₹15.81
-9.66% today
Revenue
₹54.57 Cr
FY 2022-23 · +37.9% YoY
EBITDA
₹1.81 Cr
Margin 3.3%
Net Profit
₹0.61 Cr
FY 2022-23 · +134.6% YoY
P/E (TTM)
70.4x
P/B 1.8x
ROE
3.6%
ROCE 7.8%
Debt / Equity
0.66
Interest cover 92.0x
About Promax Power Limited
Data last updated:
Promax Power Limited is a public limited company based in Chandigarh, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 21 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L74999CH2017PLC041692. Its GSTIN is 19AAJCP3823C1ZI (West Bengal). It is a listed company as per MCA records. Its shares are listed on BSE: 543375.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹25 Cr. It was formerly known as Promax Power Private Limited. It is led by directors including Vishal Bhardwaj (Managing Director) and Shweta Bhardwaj.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at First Floor SCO 69 Sector 38C, Chandigarh, Chandigarh, India – 160036.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹70.73 Cr, a growth of 6.5% compared to the previous year. For the same year it recorded a net profit of ₹86 Lakh (net margin 1.2%) and EBITDA of ₹3.15 Cr (EBITDA margin 4.5%). The net worth stands at ₹30.9 Cr (up 2.8% YoY). Total assets are valued at ₹60.8 Cr (up 23% YoY).
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Promax. As per MCA filings, the company has open charges of ₹27.25 Cr on record. Court records list 27 cases involving the company, including 20 filed by the company and 7 filed against it; 8 cases are pending. The company has 24 deals on record (21 market trades, 1 rights issue, 1 funding round), with disclosed funding of ₹14.9 Cr; the latest was in February 2023.
Promax Power Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0002216). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website promax.co.in.
Company details
CIN L74999CH2017PLC041692
Registration Number 041692
Incorporation Date 21 August 2017
ROC Chandigarh
Listing Status Listed - Listed on BSE (543375)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-20-0002216
CIN history
Promax Power has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74999CH2017PLC041692, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999CH2017PLC041692 | Current |
| U74999CH2017PTC041692 | Previous |
| U74999CH2017PLC041692 | Previous |
Recognitions & Rankings of Promax Power
Contact details
Promax Power Limited's registered office is in Chandigarh, Chandigarh. Its website is promax.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFirst Floor SCO 69 Sector 38C, Chandigarh, Chandigarh, India – 160036
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Promax Power Limited, buy the company report.
Comprehensive company report
Promax Power Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included
Brands
Promax Power operates one associated brand: Promax. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction management services are provided in Delhi, India since 2004. | promax.co.in |
Business activity
The main business activity of Promax Power is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Promax Power Limited, buy the company report.
Financials of Promax Power Limited
FY 2025-26 filings availablePromax Power Limited reported revenue of ₹70.73 Cr (up 6.5% YoY) for FY 2025-26.
Financial Highlights
FY 2022-23 · ConsolidatedRevenue
₹54.57 Cr
+37.9% YoY
EBITDA
₹1.81 Cr
+19.1% YoY
Profit After Tax
₹0.61 Cr
+134.6% YoY
Net Worth
₹23.45 Cr
+245.9% YoY
Total Assets
₹33.52 Cr
+102.4% YoY
Total Debt
₹10.06 Cr
+2.9% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Income statement | |||
| Revenue | 54.57 | 39.58 | 36.87 |
| Revenue growth | +37.9% | +7.4% | - |
| EBITDA | 1.81 | 1.52 | 1.05 |
| EBITDA margin | +3.3% | +3.8% | +2.9% |
| Profit before tax | 0.55 | 0.30 | 0.68 |
| Net profit | 0.61 | 0.26 | 0.23 |
| Net profit margin | +1.1% | +0.7% | +0.6% |
| EPS (₹) | 0.62 | 0.43 | 1.06 |
| Balance sheet | |||
| Total assets | 33.52 | 16.56 | 11.01 |
| Net worth | 23.45 | 6.78 | 4.92 |
| Total debt | 10.06 | 9.78 | 6.09 |
| Cash & bank | 3.34 | 3.68 | 3.01 |
| Net working capital | 32.95 | 14.48 | 7.79 |
| Cash flow | |||
| Cash from operations | (17.23) | (4.55) | 3.15 |
| Cash from investing | 2.16 | 0.10 | (1.63) |
| Cash from financing | 14.73 | 5.12 | (1.26) |
| Particulars | Mar 2023 | Sep 2022 |
|---|---|---|
| Revenue | 32.69 | 21.88 |
| Other income | 0.10 | 0.31 |
| EBITDA | 0.97 | 0.84 |
| EBITDA margin | +3.0% | +3.8% |
| Depreciation | 0.03 | 0.03 |
| Interest | 0.89 | 0.73 |
| Profit before tax | 0.15 | 0.39 |
| Tax | 0.04 | (0.20) |
| Net profit | 0.11 | 0.59 |
| EPS (₹) | 0.17 | 1.03 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 70.73 | 66.42 | 60.26 | 54.57 | 39.58 | 36.87 | 7.76 |
| Revenue growth | +6.5% | +10.2% | +10.4% | +37.9% | +7.4% | +375.1% | - |
| EBITDA | 3.15 | 4.63 | 3.33 | 1.81 | 1.52 | 1.05 | 0.42 |
| EBITDA margin | +4.5% | +7.0% | +5.5% | +3.3% | +3.8% | +2.9% | +5.4% |
| Profit before tax | 1.10 | 3.13 | 1.78 | 0.55 | 0.30 | 0.68 | 0.42 |
| Net profit | 0.86 | 2.35 | 1.37 | 0.55 | 0.20 | 0.20 | 0.32 |
| Net profit margin | +1.2% | +3.5% | +2.3% | +1.0% | +0.5% | +0.5% | +4.1% |
| EPS (₹) | 0.34 | 0.94 | 1.10 | 0.57 | 0.34 | 0.99 | 311.47 |
| Balance sheet | |||||||
| Total assets | 60.80 | 49.43 | 40.77 | 24.05 | 16.41 | 10.98 | 11.53 |
| Net worth | 30.90 | 30.05 | 27.70 | 23.30 | 6.69 | 4.89 | 0.32 |
| Total debt | 29.90 | 19.38 | 13.06 | 0.75 | 9.72 | 6.09 | 11.20 |
| Cash & bank | 5.80 | 7.17 | 5.32 | 3.34 | 3.68 | 3.01 | 2.76 |
| Net working capital | 55.88 | 44.51 | 35.56 | 23.63 | 14.42 | 7.79 | 9.73 |
| Cash flow | |||||||
| Cash from operations | (9.86) | (3.01) | 1.99 | (17.29) | (4.55) | 3.15 | (6.66) |
| Cash from investing | 0.47 | 0.39 | (4.59) | 2.22 | 0.10 | (1.63) | (1.80) |
| Cash from financing | 8.03 | 4.48 | 4.58 | 14.73 | 5.12 | (1.26) | 11.20 |
| Particulars | Mar 2023 | Sep 2022 |
|---|---|---|
| Revenue | 32.69 | 21.88 |
| Other income | 0.10 | 0.31 |
| Total expenses | 31.72 | 21.04 |
| EBITDA | 0.97 | 0.84 |
| EBITDA margin | +3.0% | +3.8% |
| Depreciation | 0.03 | 0.03 |
| Interest | 0.89 | 0.73 |
| Profit before tax | 0.15 | 0.39 |
| Tax | 0.04 | (0.20) |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 28 Oct 2026
| Particulars | Mar 2023 | Sep 2022 |
|---|---|---|
| Revenue | 32.69 | 21.88 |
| Other income | 0.10 | 0.31 |
| EBITDA | 0.97 | 0.84 |
| EBITDA margin | +3.0% | +3.8% |
| Depreciation | 0.03 | 0.03 |
| Interest | 0.89 | 0.73 |
| Profit before tax | 0.15 | 0.39 |
| Tax | 0.04 | (0.20) |
| Net profit | 0.11 | 0.59 |
| EPS (₹) | 0.17 | 1.03 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Revenue | 54.57 | 39.58 | 36.87 |
| Revenue growth | +37.9% | +7.4% | - |
| Other income | 0.41 | 0.17 | 0.38 |
| Total expenses | 52.76 | 38.06 | 35.82 |
| Employee cost | 1.79 | 2.41 | 1.57 |
| EBITDA | 1.81 | 1.52 | 1.05 |
| EBITDA margin | +3.3% | +3.8% | +2.9% |
| Depreciation | 0.05 | 0.10 | 0.10 |
| Interest | 1.62 | 1.29 | 0.65 |
| Profit before tax | 0.55 | 0.30 | 0.68 |
| Tax | (0.16) | 0.10 | 0.25 |
| Net profit | 0.61 | 0.26 | 0.23 |
| Net profit margin | +1.1% | +0.7% | +0.6% |
| EPS (₹) | 0.62 | 0.43 | 1.06 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Equity & liabilities | |||
| Share capital | 12.50 | 6.00 | 4.40 |
| Reserves & surplus | 10.95 | 0.78 | 0.52 |
| Shareholders' funds (net worth) | 23.45 | 6.78 | 4.92 |
| Minority interest | 0.00 | 0.00 | 0.00 |
| Secured loans | 4.38 | 3.33 | 3.00 |
| Unsecured loans | 5.68 | 6.45 | 3.09 |
| Total debt | 10.06 | 9.78 | 6.09 |
| Total liabilities | 33.52 | 16.56 | 11.01 |
| Assets | |||
| Gross block | 0.61 | 2.50 | 2.62 |
| Net block | 0.45 | 2.33 | 2.52 |
| Capital work in progress | 0.00 | 0.00 | 0.00 |
| Investments | 0.16 | 0.10 | 0.04 |
| Inventories | 12.66 | 10.21 | 6.89 |
| Sundry debtors | 11.78 | 10.56 | 6.54 |
| Cash & bank balances | 3.34 | 3.68 | 3.01 |
| Loans & advances | 12.44 | 1.53 | 0.56 |
| Total current assets | 40.22 | 25.98 | 17.00 |
| Total current liabilities | 7.27 | 11.50 | 9.21 |
| Net working capital | 32.95 | 14.48 | 7.79 |
| Total assets | 33.52 | 16.56 | 11.01 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Opening cash | 3.68 | 3.01 | 2.76 |
| Net cash from operating activities | (17.23) | (4.55) | 3.15 |
| Net cash from investing activities | 2.16 | 0.10 | (1.63) |
| Net cash from financing activities | 14.73 | 5.12 | (1.26) |
| Net change in cash | (0.34) | 0.67 | 0.26 |
| Closing cash | 3.34 | 3.68 | 3.01 |
| Particulars | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Growth | |||
| Sales growth | +37.9% | +7.4% | - |
| EBITDA growth | +19.1% | +44.8% | - |
| PBT growth | +83.3% | -55.9% | +9997.0% |
| Net income growth | +134.6% | +13.0% | - |
| Profitability & leverage | |||
| Net income margin | +1.3% | +0.5% | +1.2% |
| Return on capital employed | +7.8% | +11.5% | +8.9% |
| Return on net worth | +3.6% | +3.4% | +4.1% |
| Debt / equity | 0.66 | 1.36 | 1.24 |
| Long-term debt / equity | 0.06 | 0.36 | 0.61 |
| Interest cover | 92.05 | 90.85 | 68.42 |
| Efficiency & per share | |||
| Fixed asset turnover | 35.09 | 15.46 | 14.07 |
| Inventory turnover | 4.77 | 4.63 | 5.35 |
| Debtors turnover | 4.89 | 4.63 | 5.64 |
| EPS (₹) | 0.62 | 0.43 | 1.06 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 18.76 | 11.31 | 11.19 |
| Particulars | Mar 2023 | Sep 2022 |
|---|---|---|
| Revenue | 32.69 | 21.88 |
| Other income | 0.10 | 0.31 |
| Total expenses | 31.72 | 21.04 |
| EBITDA | 0.97 | 0.84 |
| EBITDA margin | +3.0% | +3.8% |
| Depreciation | 0.03 | 0.03 |
| Interest | 0.89 | 0.73 |
| Profit before tax | 0.15 | 0.39 |
| Tax | 0.04 | (0.20) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 70.73 | 66.42 | 60.26 | 54.57 | 39.58 | 36.87 | 7.76 |
| Revenue growth | +6.5% | +10.2% | +10.4% | +37.9% | +7.4% | +375.1% | - |
| Other income | 0.49 | 0.39 | 0.25 | 0.41 | 0.17 | 0.38 | 0.00 |
| Total expenses | 67.58 | 61.79 | 56.93 | 52.76 | 38.06 | 35.82 | 7.34 |
| Employee cost | 0.00 | 0.42 | 0.36 | 1.79 | 2.41 | 1.57 | 0.00 |
| EBITDA | 3.15 | 4.63 | 3.33 | 1.81 | 1.52 | 1.05 | 0.42 |
| EBITDA margin | +4.5% | +7.0% | +5.5% | +3.3% | +3.8% | +2.9% | +5.4% |
| Depreciation | 0.05 | 0.05 | 0.05 | 0.05 | 0.10 | 0.10 | 0.00 |
| Interest | 2.49 | 1.84 | 1.75 | 1.62 | 1.29 | 0.65 | 0.00 |
| Profit before tax | 1.10 | 3.13 | 1.78 | 0.55 | 0.30 | 0.68 | 0.42 |
| Tax | 0.24 | 0.78 | 0.41 | (0.16) | 0.10 | 0.25 | 0.10 |
| Net profit | 0.86 | 2.35 | 1.37 | 0.55 | 0.20 | 0.20 | 0.32 |
| Net profit margin | +1.2% | +3.5% | +2.3% | +1.0% | +0.5% | +0.5% | +4.1% |
| EPS (₹) | 0.34 | 0.94 | 1.10 | 0.57 | 0.34 | 0.99 | 311.47 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 25.00 | 25.00 | 12.50 | 12.50 | 6.00 | 4.40 | 0.01 |
| Reserves & surplus | 5.90 | 5.05 | 15.20 | 10.80 | 0.69 | 0.49 | 0.31 |
| Shareholders' funds (net worth) | 30.90 | 30.05 | 27.70 | 23.30 | 6.69 | 4.89 | 0.32 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 8.53 | 3.00 | 3.40 |
| Unsecured loans | 29.90 | 19.38 | 13.06 | 0.75 | 1.19 | 3.09 | 7.80 |
| Total debt | 29.90 | 19.38 | 13.06 | 0.75 | 9.72 | 6.09 | 11.20 |
| Total liabilities | 60.80 | 49.43 | 40.77 | 24.05 | 16.41 | 10.98 | 11.53 |
| Assets | |||||||
| Gross block | 0.64 | 0.61 | 0.61 | 0.61 | 2.50 | 2.62 | 1.89 |
| Net block | 0.33 | 0.35 | 0.40 | 0.45 | 2.33 | 2.52 | 1.89 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 4.62 | 4.61 | 4.85 | 0.01 | 0.01 | 0.01 | 0.00 |
| Inventories | 26.42 | 21.33 | 14.62 | 12.66 | 10.21 | 6.89 | 8.25 |
| Sundry debtors | 20.75 | 21.21 | 23.91 | 11.78 | 10.56 | 6.54 | 7.08 |
| Cash & bank balances | 5.80 | 7.17 | 5.32 | 3.34 | 3.68 | 3.01 | 2.76 |
| Loans & advances | 8.17 | 12.12 | 11.98 | 12.44 | 1.53 | 0.56 | 0.68 |
| Total current assets | 61.14 | 61.83 | 55.83 | 40.22 | 25.98 | 17.00 | 18.77 |
| Total current liabilities | 5.26 | 17.32 | 20.27 | 16.59 | 11.56 | 9.21 | 9.04 |
| Net working capital | 55.88 | 44.51 | 35.56 | 23.63 | 14.42 | 7.79 | 9.73 |
| Total assets | 60.80 | 49.43 | 40.77 | 24.05 | 16.41 | 10.98 | 11.53 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 7.17 | 5.32 | 3.34 | 3.68 | 3.01 | 2.76 | 0.01 |
| Net cash from operating activities | (9.86) | (3.01) | 1.99 | (17.29) | (4.55) | 3.15 | (6.66) |
| Net cash from investing activities | 0.47 | 0.39 | (4.59) | 2.22 | 0.10 | (1.63) | (1.80) |
| Net cash from financing activities | 8.03 | 4.48 | 4.58 | 14.73 | 5.12 | (1.26) | 11.20 |
| Net change in cash | (1.37) | 1.85 | 1.98 | (0.34) | 0.67 | 0.26 | 2.75 |
| Closing cash | 5.80 | 7.17 | 5.32 | 3.34 | 3.68 | 3.01 | 2.76 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +6.5% | +10.2% | +10.4% | +37.9% | +7.4% | +375.1% | - |
| EBITDA growth | -32.0% | +39.0% | +84.0% | +19.1% | +44.8% | +150.0% | - |
| PBT growth | -64.9% | +75.8% | +223.6% | +83.3% | -55.9% | +61.9% | +9997.0% |
| Net income growth | -63.4% | +71.5% | +149.1% | +175.0% | 0.0% | -37.5% | - |
| Revenue CAGR (3Y) | +9.0% | +18.8% | +17.8% | +91.6% | - | - | - |
| EBITDA CAGR (3Y) | +20.3% | +45.0% | +46.9% | +62.7% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +1.2% | +3.5% | +2.3% | +1.3% | +0.5% | +1.2% | +4.1% |
| Return on capital employed | - | +11.0% | +10.9% | +9.6% | +11.6% | +8.7% | +7.1% |
| Return on net worth | - | +8.1% | +5.4% | +3.7% | +3.5% | +7.7% | +187.9% |
| Debt / equity | - | 0.56 | 0.27 | 0.35 | 1.37 | 3.32 | 33.94 |
| Long-term debt / equity | - | 0.04 | 0.02 | 0.06 | 0.36 | 1.84 | 19.97 |
| Interest cover | 80.32 | 40.17 | 53.35 | 92.05 | 90.85 | 68.42 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 108.89 | 98.79 | 35.09 | 15.46 | 16.35 | 8.21 |
| Inventory turnover | - | 3.70 | 4.42 | 4.77 | 4.63 | 4.87 | 1.88 |
| Debtors turnover | - | 2.94 | 3.38 | 4.89 | 4.63 | 5.41 | 2.19 |
| EPS (₹) | 0.34 | 0.94 | 1.10 | 0.57 | 0.34 | 0.99 | 311.47 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 12.02 | 22.16 | 18.64 | 11.15 | 11.11 | 321.44 |
To see the full year-wise statements and ratios of Promax Power Limited, buy the company report.
Board of directors of Promax Power Limited
Promax Power has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shweta Bhardwaj Also directs: Dynovate Creations Private Limited, Dynovate Insights Private Limited, Strings Attached Private Limited and 5 more | Director | 21 Aug 2017 | 9 Years 2 Months | Current |
| Vishal Bhardwaj Also directs: Eraveo Energy Private Limited, Dynovate Creations Private Limited, Dynovate Insights Private Limited and 5 more | Managing Director | 20 Aug 2021 | 5 Years 2 Months | Current |
| Sanjay Kumar | Director | 29 Sep 2021 | 5 Years 0 Months | Current |
| Vidya Bhardwaj Also directs: Promax Plugup EV Private Limited | Director | 25 Dec 2024 | 1 Years 10 Months | Current |
| Ravinder Singh | Director | 25 Dec 2024 | 1 Years 10 Months | Current |
| Shilpi Jain Also directs: Paramount Syntex Limited | Director | 15 Oct 2024 | 2 Years 0 Months | Current |
Auditor
Promax Power Limited is audited by Raj Gupta & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Raj Gupta & Co. | FY 2023 | 000203N |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 69.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 30.90%.
Sep 2026
QUARTER
69.00% Promoters
0.10% DII (Domestic Institutional)
30.90% Retail & Others
Promoter holding - history
Now 69.00% · Sep 2026High 69.20% · Dec 2025Low 69.00% · Jun 2026
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 69.00% | 69.00% | 69.20% | 69.20% |
| Public | 31.00% | 31.00% | 30.80% | 30.80% |
Charges & borrowings
Open charges
₹27.25 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Dec 2023 | 100833954 | Karnataka Bank Ltd. | ₹10 Cr | Open | |
| 08 Apr 2021 | 100440891 | Karnataka Bank Ltd. | ₹3 Cr | Open | |
| 16 Jan 2021 | 100408797 | Karnataka Bank Ltd. | ₹6 Cr | Open | |
| 16 Jan 2021 | 100408798 | Karnataka Bank Ltd. | ₹3.25 Cr | Open | |
| 16 Jan 2021 | 100409490 | Karnataka Bank Ltd. | ₹5 Cr | Open |
To see the full charge records of Promax Power Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Promax Power Limited has 24 deals on record (21 market trades, 1 rights issue, 1 funding round), with disclosed funding of ₹14.9 Cr; the latest was in February 2023.
Total deals
24
Market trades
21
Rights issue
1
Funding round
1
IPO
1
Disclosed funding
₹14.9 Cr
Deals on record (5 of 24)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2023 | Market trade | ₹77.8 Lakh | Buyer: an individual |
| Oct 2022 | Funding round | ₹14.9 Cr | Investors: Ranjeet Mechatronics Limited , Synerlab Private Limited , Jhatpat Management Services Private Limited |
| Jan 2022 | Market trade | ₹7.8 Lakh | Seller: Nikunj Stock Brokers Limited |
| Oct 2021 | Market trade | ₹49.6 Lakh | Buyer: 3 individuals Seller: Nikunj Stock Brokers Limited |
| Oct 2021 | Market trade | ₹15 Lakh | Seller: Alpha Leon Enterprises LLP , BP Equities Private Limited |
To see the full deal history of Promax Power Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Promax Power Limited has 27 court cases on record: 20 filed by Promax Power, 7 filed against it. 8 cases are pending and 19 are disposed.
Total cases
27
Filed by the company
20
Filed against the company
7
Pending
8
Disposed
19
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 2 | 3 |
| District courts | 11 | 5 | 5 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Punjab State Power Corporation Ltd | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Tahal Consulting Engineers India Pvt. Ltd. | Pending |
| District court, Gurugram, Haryana | Court case (COMI) | Filed against the company by M/S Tahal Consulting Engineers India Pvt Ltd | Pending |
| High Court of Delhi | Arbitration matter | Filed by the company against Salasar Techno Engineering Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Karnataka Bank Limited and 1 other | Disposed |
To see the full case history of Promax Power Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Promax Power Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Promax Power has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Promax Power Limited has a workforce of 2 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
-83.33%
GST
Promax Power has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAJCP3823C1ZI | West Bengal | Active | 10 Jun 2020 |
To see the full GST registrations and return filing status of Promax Power Limited, buy the company report.
Recent activity
Promax Power Limited has 8 board changes on record since 2017: 7 appointments and 1 cessation. The latest: Ravinder Singh was appointed as Director on 25 Dec 2024.
Filing
Promax Power Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chandigarh.
AGM
Promax Power Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Ravinder Singh was appointed as Director.
Appointed
Vidya Bhardwaj was appointed as Director.
Appointed
Shilpi Jain was appointed as Director.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 10.00 Cr with Charge ID 100833954 was registered on 01 Dec 2023.
Ceased
Siddharth Shukla ceased to be Director.
Appointed
Sanjay Kumar was appointed as Director.
Appointed
Siddharth Shukla was appointed as Director.
Appointed
Vishal Bhardwaj was appointed as Managing Director.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 3.00 Cr with Charge ID 100440891 was registered on 08 Apr 2021.
Charges
A charge with Karnataka Bank Ltd. of Rs. 6.00 Cr registered on 16 Jan 2021 with Charge ID 100408797 was modified on 08 Apr 2021.
5 earlier events are in the company report.
News
Frequently asked questions
Promax Power is an active public limited company based in Chandigarh, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 21 August 2017 (9+ years old) and is registered under CIN L74999CH2017PLC041692. Listed on BSE: 543375.
Promax Power reported revenue of ₹70.73 Cr for FY 2025-26 (up 6.5% YoY) based on standalone financials.
Promax Power has 6 current directors:
- Vishal Bhardwaj - Managing Director
- Shweta Bhardwaj - Director
- Sanjay Kumar - Director
- Vidya Bhardwaj - Director
- Ravinder Singh - Director
- Shilpi Jain - Director
The latest financial statements of Promax Power on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Promax Power is 19AAJCP3823C1ZI, registered in West Bengal.
The CIN (Corporate Identification Number) of Promax Power is L74999CH2017PLC041692. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Promax Power is a listed company as per MCA records. Its shares are listed on BSE (code: 543375).
Promax Power has 27 court cases on record: 20 filed by the company and 7 filed against it. 8 are pending. Most are in the high courts.
Promax Power was incorporated on 21 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chandigarh.
Promax Power has 24 deals on record (21 market trades, 1 rights issue, 1 funding round), with disclosed funding of ₹14.9 Cr; the latest was in February 2023.