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:
Access Report
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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

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 Metrics
  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 25.00 Cr
  • Company Age 8 Year, 5 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

Comprehensive Company Insights

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.

Access Report Banner Element
Who are the key members and board of directors at Promax Power Limited?
Current Directors
Name Designation Appointment Date Status
Shilpi Jain Director 15 Oct 2024 Current
Sanjay Kumar Director 29 Sep 2021 Current
Vishal Bhardwaj Managing Director 20 Aug 2021 Current
Vidya Bhardwaj Director 25 Dec 2024 Current
Shweta Bhardwaj Director 21 Aug 2017 Current
Ravinder Singh Director 25 Dec 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 16 Sep 2024 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Director - Past
Pramod Abcsdd Director 03 Jun 2023 Past
Pramod Abcsdd Additional Director 28 Jan 2025 Past
Pramod Abcsdd Additional Director 28 Jan 2025 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

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
Date Lender Amount Status
01 Dec 2023 Karnataka Bank Ltd. ₹10.00 Cr Open
08 Apr 2021 Karnataka Bank Ltd. ₹3.00 Cr Open
16 Jan 2021 Karnataka Bank Ltd. ₹3.25 Cr Open
16 Jan 2021 Karnataka Bank Ltd. ₹5.00 Cr Open
16 Jan 2021 Karnataka Bank Ltd. ₹6.00 Cr Open

Explore comprehensive loan charge details -

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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Promax Power
Recent Activity within the Organization
  • 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 1 year 1 month . was recorded as a recent event.

  • Director Appointment

    Progress on Ravinder Singh was appointed as a Director was appointed as a Director on 25 Dec 2024 & has been associated with this company since 1 year 1 month . was documented.

  • Director Appointment

    Progress on 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 4 months . was documented.

  • Annual General Meeting

    The activity Promax Power Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Promax Power Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh. was documented.

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 10.00 Cr with Charge ID 100833954 was registered on 01 Dec 2023. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

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.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available