Promax Power Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 25.00 Cr
- Company Age 7 Year, 6 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 six months 22 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
Promax Power Limited
Explore comprehensive data for Promax Power Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Promax Power?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vishal Bhardwaj  | Managing Director | 20-Aug-2021 | Current |
| Amar Dey | CFO | 06-Aug-2021 | Current |
| Ankitkumar Shah | Company Secretary | 09-Oct-2023 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjay Kumar | Director | 29-Sep-2021 | Current |
| Shweta Bhardwaj | Director | 21-Aug-2017 | Current |
| Shilpi Jain | Additional Director | 15-Oct-2024 | Current |
Financial Performance of Promax Power.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (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.
Related Corporates (Common Directorship)
Promax Carbontier Private LimitedVishal Bhardwaj and Shweta Bhardwaj are mutual person
Finlawcity Advisors Private LimitedShilpi Jain is a mutual person
Eraveo Energy Private LimitedVishal Bhardwaj is a mutual person
- Dynovate Creations Private Limited
Vishal Bhardwaj and Shweta Bhardwaj are mutual person
- Dynovate Insights Private Limited
Vishal Bhardwaj and Shweta Bhardwaj are mutual person
- Strings Attached Private Limited
Vishal Bhardwaj and Shweta Bhardwaj are mutual person
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.
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.
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 4 months 28 days .
- Annual General Meeting
Promax Power Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Promax Power Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 10.00 Cr with Charge ID 100833954 was registered on 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 5 months .
- 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 5 months .
Frequently asked questions
What is the Incorporation or founding date of Promax Power Limited?
Promax Power Limited was incorporated on 21 Aug 2017.
What is authorized share capital and paid-up capital of Promax Power Limited?
The authorized share capital of Promax Power Limited is ₹ 25.00 Cr and paid-up capital is ₹ 25.00 Cr.
Who are the current board members & directors of Promax Power Limited?
Currently 6 directors are associated with Promax Power Limited.
- Vishal Bhardwaj
- Shweta Bhardwaj
- Shilpi Jain
- Sanjay Kumar
- Amar Nath Dey
- Ankitkumar Rajendra Shah
What is the registered address of Promax Power Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Promax Power Limited is First Floor Sco 69 Sector 38C, India, Chandigarh, 160036.
What is the corporate identification number (CIN) and company number of Promax Power Limited?
The corporate identification number (CIN) of Promax Power Limited is L74999CH2017PLC041692 and the company number is 041692 as per Ministry of Corporate Affairs (MCA).
Is Promax Power Limited registered with any stock exchange in India?
Yes, Promax Power Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Promax Power Limited?
The Official website of Promax Power Limited is https://www.promax.co.in
What are the total open charges for Promax Power Limited?
As per the financial statements for fiscal Year , The total open charges for Promax Power Limited amount to ₹ 27.25 Cr.
When was the last Balance Sheet of Promax Power Limited filed with the ROC?
The most recent Balance Sheet for Promax Power Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Siddharth ShuklaDirectorPJ
Pawan JainDirectorM
MinakshiDirector