About Promax Power Ltd 
Promax Power Ltd
Micro Cap
Construction
Promax Power Limited was originally incorporated as "Promax Power Private Limited" on August 21, 2017 by Registrar of Companies. Subsequently, the status of the Company got converted into Public Limited and a fresh Certificate of Incorporation was issued by Registrar of Companies, Chandigarh, upon conversion dated April 20, 2021 in the name of "Promax Power Limited". The Company is founded and promoted by Chandigarh based Mr. Vishal Bhardwaj and his wife Mrs.
Company Coordinates 
No Company Details Available
Capital Structure 
Present Equity Capital
INR 25.00 Cr
Number of Shares
2.5 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
08-Apr-2024
2.5
25.00
12500000
10
Bonus Issue
18-Aug-2023
1
10.00
400000
10
Preferential basis
19-Nov-2022
1.25
12.50
400000
10
Preferential basis
18-Nov-2022
1.25
12.50
3500000
10
Preferential basis
18-Nov-2022
1.21
12.10
900000
10
Preferential Issue &Loan Conversion
16-Nov-2022
1.12
11.20
100000
10
Preferential basis
15-Nov-2022
1.11
11.10
1100000
10
Preferential basis
06-Nov-2022
1
10.00
500000
10
Preferential basis
01-Nov-2022
95
9.50
700000
10
Preferential Issue &Loan Conversion
01-Nov-2022
95
9.50
700000
10
Preferential Issue &Loan Conversion
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 0 FIIs
Promoter with highest holding
Vishal Bhardwaj (32.62%)
Highest Public shareholder
Ranjeet Mechatronics Limited (7.2%)
Individual Investors Holdings
22.38%
Management
Designation
Remuneration
Vishal Bhardwaj
Managing Director
0
Shweta Bhardwaj
Executive Director
0
Pawan Kumar Jain
Director
0
Sanjay Kumar
Independent Director
0
Siddharth Shukla
Independent Director
0
Puneet Kaur
Company Secretary
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
Purchase
66.6619
0%
Purchase
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
No Data Available for Finished Goods Segmentation
No Data Available
Revenue and Profits:
Net Sales:
33 Cr
(Quarterly Results - Mar 2023)
Net Profit:
0 Cr
Construction
INR 63 Cr (Micro Cap)
27.00
NA
0.00%
0.43
7.45%
2.00






