Promax Power Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
as on 24-06-2024
- Paid Up Capital ₹ 25.00 Cr
as on 24-06-2024
- Company Age 7 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 27.25 Cr
as on 24-06-2024
- Revenue 7.76%
(FY 2022)
- Profit -53.29%
(FY 2022)
- Ebitda -19.20%
(FY 2022)
- Net Worth 36.86%
(FY 2022)
- Total Assets 38.61%
(FY 2022)
About Promax Power
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543375.
The Corporate was formerly known as Promax Power Private Limited. The Company is engaged in the Energy And Power Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 25.00 Cr.
The company currently has active open charges totaling ₹27.25 Cr.
The Key Managerial Personnel (KMP) at Promax Power Limited India are Ankitkumar Shah as COMPANY SECRETARY and Amar Dey as Cfo. Sanjay Kumar, Shilpi Jain, Shweta Bhardwaj, and One other member serve as directors at the Company.
- CIN/LLPIN
L74999CH2017PLC041692
- Company No.
041692
- Stock Symbol
BSE : 543375
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
21 Aug 2017
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Chandigarh, Chandigarh, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Promax Power?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ankitkumar Shah  | Company Secretary | 05-Oct-2023 | Current |
| Amar Dey | CFO | 06-Aug-2021 | Current |
| Vishal Bhardwaj | Managing Director | 21-Aug-2017 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjay Kumar | Director | 27-Aug-2021 | Current |
| Shilpi Jain | Additional Director | 03-Jun-2023 | Current |
| Shweta Bhardwaj | Director | 21-Aug-2017 | Current |
Financial Performance and Corporate Structure Insights of Promax Power.
Promax Power Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7.76% increase. The company also saw a substantial fall in profitability, with a 53.29% decrease in profit. The company's net worth Soared by an impressive increase of 36.86%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Promax Power?
In 2021, Promax Power had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Promax Carbontier Private LimitedActive 35 years 9 monthsShweta Bhardwaj and Vishal Bhardwaj are mutual person
- Dynovate Creations Private LimitedActive 8 months 11 days
Shweta Bhardwaj and Vishal Bhardwaj are mutual person
- Dynovate Insights Private LimitedInactive For E-Filing 7 months 29 days
Shweta Bhardwaj and Vishal Bhardwaj are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Karnataka Bank Ltd. Creation Date: 01 Dec 2023 | ₹10.00 Cr | Open |
Karnataka Bank Ltd. Creation Date: 08 Apr 2021 | ₹3.00 Cr | Open |
Karnataka Bank Ltd. Creation Date: 16 Jan 2021 | ₹6.00 Cr | Open |
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.
Deals i
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
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
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.
