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Promax Power Limited - Company Profile

It is a energy and power public limited company based in Chandigarh, Chandigarh, India, established in 2017.

2017 | Chandigarh, Chandigarh, India | Active
Last Updated:

About Promax Power Limited

Promax Power Limited, a active public limited company, was established on 21 August 2017 in Chandigarh, Chandigarh, India. Engaging in bop & btg services within the construction sector, it holds CIN: L74999CH2017PLC041692. Registered under ROC Roc Chandigarh. it is listed on BSE: 543375. It has an authorized capital of ₹25.00 Cr and a paid-up capital of ₹25.00 Cr.

Formerly known as Promax Power Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹54.98 Cr and a net worth of ₹23.30 Cr. Employing 2 professional, Its leadership includes Shilpi Jain (Director), Sanjay Kumar (Director), Vishal Bhardwaj (Managing Director). Past directors included Shilpi Jain, Puneet Kaur, Minakshi. It holds ₹27.25 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at First Floor, Sco 69, Sector 38C,, Chandigarh, Chandigarh, Chandigarh, 160036.

Company Details

  • CIN/LLPIN

    L74999CH2017PLC041692

  • Registration Number

    041692

  • Incorporation Date

    21 August 2017

  • Authorized Capital

    ₹25.00 Cr

  • Paid-Up Capital

    ₹25.00 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Listed (BSE: 543375)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 25.00 Cr
  • Company Age 8 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 27.25 Cr
  • Revenue Growth 38.30%
  • Profit Growth 251.07%
  • Ebitda 40.19%
  • Net Worth 248.21%
  • Total Assets 43.66%
Company report

Promax Power Limited

Company Report FY 2025-2026

Explore comprehensive insights into Promax Power Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Promax Power Limited?

Current Directors

NameDesignationAppointment DateStatus
Shilpi JainDirector15 Oct 2024Current
Sanjay KumarDirector29 Sep 2021Current
Vishal BhardwajManaging Director20 Aug 2021Current
Vidya BhardwajDirector25 Dec 2024Current
Shweta BhardwajDirector21 Aug 2017Current
Ravinder SinghDirector25 Dec 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director16 Sep 2024Past
Pramod AbcsddCompany Secretary-Past
Pramod AbcsddDirector-Past
Pramod AbcsddDirector03 Jun 2023Past
Pramod AbcsddAdditional Director28 Jan 2025Past
Pramod AbcsddAdditional Director28 Jan 2025Past

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Financial Performance of Promax Power.

Promax Power Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.3% increase. The company also saw a substantial improvement in profitability, with a 251.07% increase in profit. The company's net worth Soared by an impressive increase of 248.21%.

Promax Power revenue growth over time
Promax Power profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
38.30%
Revenue from Operations
37.88%
Total Assets
43.66%
Profit or Loss
251.07%
Net Worth
248.21%
EBITDA
40.19%

What is the Ownership and Shareholding Structure of Promax Power?

In 2023, Promax Power had a promoter holding of 71.20% and a public holding of 28.80%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹272,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 27.25 Cr

Latest Charge Details

DateLenderAmountStatus
01 Dec 2023Karnataka Bank Ltd.₹10.00 CrOpen
08 Apr 2021Karnataka Bank Ltd.₹3.00 CrOpen
16 Jan 2021Karnataka Bank Ltd.₹3.25 CrOpen
16 Jan 2021Karnataka Bank Ltd.₹5.00 CrOpen
16 Jan 2021Karnataka Bank Ltd.₹6.00 CrOpen

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How Many Employees Work at Promax Power?

Promax Power has a workforce of 2 employees as of Mar 22, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Promax Power Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Promax Power, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Promax Power's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Promax Power

Recent Activity within the Organization

  • Director Appointment

    Progress on Yash Gupta was appointed as a Company Secretary was appointed as a Company Secretary on 16 Apr 2025 & has been associated with this company since 7 months 17 days . was documented.

  • Director Appointment

    Vidya Bhardwaj was appointed as a Director was appointed as a Director on 25 Dec 2024 & has been associated with this company since 11 months 7 days . was recorded as a recent event.

  • Director Appointment

    The activity Ravinder Singh was appointed as a Director was appointed as a Director on 25 Dec 2024 & has been associated with this company since 11 months 7 days . was completed.

  • Director Appointment

    The activity Shilpi Jain was appointed as a Director was appointed as a Director on 15 Oct 2024 & has been associated with this company since 1 year 1 month . was completed.

  • Annual General Meeting

    Promax Power Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Promax Power Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was completed.

Frequently Asked Questions

  • What is the CIN of Promax Power Limited?

    The CIN of Promax Power Limited is L74999CH2017PLC041692.

  • Where is Promax Power Limited headquartered?

    Promax Power Limited is headquartered at First Floor, Sco 69, Sector 38C,, Chandigarh, Chandigarh, Chandigarh, 160036.

  • When was Promax Power Limited incorporated?

    Promax Power Limited was incorporated on 21 August 2017.

  • Who are the current directors of Promax Power Limited?

    The current directors of Promax Power Limited are

  • What is the primary industry of Promax Power Limited?

    The primary industry of Promax Power Limited is Construction.

  • Is Promax Power Limited a listed company?

    Promax Power Limited is listed. It is listed on BSE: 543375.

  • What is the capital structure of Promax Power Limited?

    The authorized capital of Promax Power Limited is ₹25.00 Cr, and the paid-up capital is ₹25.00 Cr.

  • What is the compliance status of Promax Power Limited?

    The compliance status of Promax Power Limited is Compliant.

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