Registered Office:
House No:1575 Ground Floor,Sector 38B,
Chandigarh
-
160038,
Chandigarh, India.
Phone :
9023168830 Fax:
Email :
vishal@promax.co.in
Website :
www.promax.co.in
Initial public offer of 16,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Promax Power Limited (The "Company" or the "Issuer") for cash at a price of Rs. 10/- per equity share at par (The "Issue Price"), aggregating to Rs. 1.60 Crores (The "Issue"), of which 80,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 10/- per equity share, aggregating to Rs. 0.08 Croress will be reserved for subscriptions by the market maker to the issue (The "Market Maker Reservation Portion"). the issue less market maker reservation portion i.e. issue of 15,20,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 10/- per equity share, aggregating to Rs. 1.52 Croress is here in after referred to as "The net Issue". the issue and the net issue will constitute 26.67% and 25.33% respectively of the post issue paidup equity share capital of the company.
The face value of the equity share is Rs. 10/- each and the issue price is Rs. 10/- i.e., 1 time of the face value of the equity shares.
Minimum Application for shares in Nos :
10000
Further Multiples of :
10000
