Promax Power Limited

Founded in 2017 and headquartered in Chandigarh, India.

2017 | Chandigarh (India) | Active
Last Updated: January 03, 2025

Promax Power Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 25.00 Cr
  • Company Age 7 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 27.25 Cr

About Promax Power

Promax Power Limited (PPL) is a Public Limited Indian Non-Government Company incorporated in India on 21 August 2017 (Seven years and five months 13 days old ). Its registered office is in Chandigarh, India.

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 2024. 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 Amar Dey as CFO and Ankitkumar Shah as Company Secretary. Vishal Bhardwaj, Shweta Bhardwaj, Shilpi Jain, and One other member serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • 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 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chandigarh

Industry

Energy and Power

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

Executive Team (3)

Name Designation Appointment Date Status
Vishal Bhardwaj Country flag representing In Managing Director 20-Aug-2021 Current
Amar Dey CFO 06-Aug-2021 Current
Ankitkumar Shah Country flag representing In Company Secretary 09-Oct-2023 Current

Board Members (3)

Name Designation Appointment Date Status
Sanjay Kumar Country flag representing In Director 29-Sep-2021 Current
Shweta Bhardwaj Country flag representing In Director 21-Aug-2017 Current
Shilpi Jain Country flag representing In Additional Director 15-Oct-2024 Current

Financial Performance of Promax Power.

Graph illustrating revenue growth over time
Graph showing 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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Promax Power?

Unlock access to Promax Power's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.25 Cr

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. ₹6.00 Cr Open
16 Jan 2021 Karnataka Bank Ltd. ₹3.25 Cr Open
16 Jan 2021 Karnataka Bank Ltd. ₹5.00 Cr Open

How Many Employees Work at Promax Power?

Unlock and access historical data on people associated with Promax Power, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

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

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Latest Updates, News, and FAQs on Promax Power

Recent activity within the organization

  • Director Appointment

    Shilpi Jain was appointed as a Additional Director was appointed as a Additional Director on 15 Oct 2024 & has been associated with this company since 3 months 19 days .

    15 Oct 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

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

    01 Dec 2023

  • Director Appointment

    Ankitkumar Rajendra Shah was appointed as a Company Secretary was appointed as a Company Secretary on 09 Oct 2023 & has been associated with this company since 1 year 3 months .

    09 Oct 2023

  • Director Appointment

    Sanjay Kumar was appointed as a Director was appointed as a Director on 29 Sep 2021 & has been associated with this company since 3 years 4 months .

    29 Sep 2021

Frequently asked questions

  • Promax Power Limited was incorporated on 21 Aug 2017.

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

  • Currently 6 directors are associated with Promax Power Limited.

    • Vishal Bhardwaj
    • Shweta Bhardwaj
    • Shilpi Jain
    • Sanjay Kumar
    • Amar Nath Dey
    • Ankitkumar Rajendra Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Promax Power Limited is First Floor Sco 69 Sector 38C, India, Chandigarh, 160036.

  • The corporate identification number (CIN) of Promax Power Limited is L74999CH2017PLC041692 and the company number is 041692 as per Ministry of Corporate Affairs (MCA).

  • Yes, Promax Power Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Promax Power Limited is https://www.promax.co.in

  • As per the financial statements for fiscal Year , The total open charges for Promax Power Limited amount to ₹ 27.25 Cr.

  • The most recent Balance Sheet for Promax Power Limited was filed with the ROC on 31 Mar 2024.

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