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Promax Power IPO listing price is ₹ 11.50, issue price is ₹ 10.00, and currently trading at ₹ 28.66 as on June 12, 2025. Promax Power IPO performance is show below with latest CAGR.
*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.
*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.
Promax Power IPO is a Fixed Price listing on BSE SME exchange. The company is based in Chandigarh and caters to Engineering sector. Finshore Management Services is the merchant banker of Promax Power IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 16th September 2021.
Promax Power IPO offer price is ₹ 10.00 and got listed at ₹ 11.50. Read Promax Power IPO details mentioned above.The IPO of Promax Power Limited was listed on 12th October 2021. As of today, Promax Power IPO is trading at ₹ 28.66, compared to the previous day’s close of ₹ 30.51. Read the report above for detailed IPO performance.
The issue price of Promax Power IPO was ₹ 10.00 per equity share.
Promax Power IPO was listed at ₹11.50 on the stock exchange on 12th October 2021. The listing price is the price at which the shares started trading on the stock exchange after the IPO was completed.
As of June 12, 2025, the current market price of Promax Power IPO is ₹ 28.66.
The 52-week high for Promax Power IPO is [●], while the 52-week low is [●]. These figures reflect the stock’s highest and lowest trading prices in the past one year from the current date.
The Promax Power IPO listed at ₹ 11.50 against the issue price of ₹ 10.00 per equity share, showing a listing day gain/loss of 1.5 (15.00%) , calculated by comparing the listing price to the issue price on the first day of trading.
The Promax Power IPO stock moved from its listing price of ₹ 11.50 to the current price of ₹28.66 per equity share, reflecting a change of 149.22% per share, calculated by subtracting the listing price from the current market price (CMP) as of today.
Based on Promax Power IPO issue date of 12th October 2021 and CMP of ₹28.66, the estimated CAGR is approximately 33.13%.
*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.
*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.
Face
Value :
₹ 10
Issue
Price :
₹ 10.00
Listing Price :
₹ 11.50
Previous Day Closing
₹ 30.51
Promax Power IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Promax Power Financial Review Page
Merchant Banker(s) of Promax Power IPO: Finshore Management Services Limited
Promax Power IPO subscription was 6.89 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Promax Power IPO listed at a listing price of 11.50 against the offer price of 10.00.
The current market price of Promax Power is 28.66.
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