Company Intelligence Profile
Promax Power Limited
Chandigarh-registered, Delhi-headquartered EPC company (est. lineage 2004, incorporated 2017) executing power transmission & distribution, substation, solar, and civil/water-infrastructure turnkey projects, SME-scale and BSE-listed.
CIN: L74999CH2017PLC041692ActiveRoC Chandigarh (Source: Tofler)Confidence: medium
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Promax Power Limited |
|---|---|
| CIN | L74999CH2017PLC041692 |
| PAN | AAJCP3823C (Source: Tofler) |
| Status | Active |
| Listing | Yes — listed on BSE (SME platform per prospectus/GID/BSE application-form links on the company's own investor-relations pages); specific scrip/security code not confirmed. (Source: promax.co.in investor section; partial) |
| Incorporated | August 21, 2017 (Source: Tofler) |
| ROC | RoC Chandigarh (Source: Tofler) |
| Sector (NIC) | Construction / Power EPC — NIC activities: Demolition & site preparation; Electrical, plumbing & other specialized construction activities; Other civil engineering works (Source: Tofler) |
| Registered address | First Floor, SCO 69, Sector 38C, Chandigarh, Chandigarh - 160036 (Source: Tofler) |
| Authorized capital | ₹25.0 crore (Source: Tofler) |
| Paid-up capital | ₹25.0 crore (Source: Tofler) |
Business Overview
Confirmed- Promax Power Limited is an Engineering, Procurement & Construction (EPC) company, per its own website tracing its business origins to 2004 (corporate entity incorporated 2017), with 20+ years of claimed project management/execution experience
- Core business: Power Transmission & Distribution EPC, Substation projects (up to 400kV), Transmission Line installation, Solar EPC projects, Civil Construction, Pre-Engineered Buildings, and Sewerage & Water Treatment Plants, plus design/engineering and pre-bid engineering support
- ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 certified
- Corporate/operating HQ: 150A & 151, 1st Floor, Tribhuvan Complex, Ishwar Nagar, Mathura Road, New Delhi - 110065 (registered office is in Chandigarh)
- Founder & Managing Director: Vishal Bhardwaj, an Electrical & Communication Engineer
- (Source: promax.co.in — official site)
Directors
Partial / conflictingConfirmed via Tofler (single source; DINs not cross-verified against a second registry source in this pass): (1) Vishal Bhardwaj — Managing Director & Shareholder, DIN 03133388, Founder; (2) Shweta Bhardwaj — Director & Shareholder, DIN 03521776; (3) Vidya Bhardwaj — Director, DIN 10055223; (4) Sanjay Kumar — Director, DIN 09293392; (5) Shilpi Jain — Director, DIN 09052552. Directors/shareholders share the Bhardwaj surname suggesting a promoter-family structure (unconfirmed percentages).
Financials
Partial / conflicting- Partial / single-source (thecompanycheck.com, not independently cross-verified this pass — treat as indicative, not audited-figure-exact): FY2023-24 revenue band ₹50–75 crore
- YoY growth (FY23-24 vs prior): EBITDA +39.74%, Net Profit (PAT) +70.79%, Net Worth +8.46%
- Absolute EBITDA/PAT/net-worth/borrowings figures and standalone-vs-consolidated basis were not obtained from a primary filing in this pass
- Annual reports for FY2021-22 through FY2024-25 (5th–8th Annual Report) exist on the company's investor page as PDFs but were not opened for exact figures
Charges / Loans
ConfirmedConfirmed (Tofler): The Karnataka Bank Limited holds 5 charges/loans totalling approximately ₹27.2 crore, created between January 2021 and December 2023.
Legal
Confirmed- Confirmed (Indian Kanoon — ~99 total results for the name, several case titles retrieved): Tahal Consulting Engineers India Pvt. Ltd. vs Promax Power Ltd. (Delhi HC, Apr 11 2023)
- Promax Power Ltd vs Tahal Consulting Engineers (I) Pvt. Ltd. (Delhi HC, Mar 4 2024, and further orders Apr 2026/Sep 2024)
- Promax Power Limited vs The State Of Karnataka (Karnataka HC, Jul 2 2026)
- M/S Promax Power Limited vs Aman Kumar (Delhi HC, Jan 9 2024)
- M/S Promax Power Ltd vs Acme Solar Holdings Pvt Ltd (Delhi HC, Jul 18 2022)
- Promax Power Limited vs Salasar Techno Engineering Limited (Delhi HC, orders Jul 17 2026 and Mar 16 2026)
- Company appears to be both plaintiff and defendant across a mix of commercial/contract disputes typical for an EPC contractor
- no criminal matters identified
Competitors
Confirmed- EPC / power transmission & distribution peers (rough scale tags, all materially larger than Promax's ~₹50-75cr revenue band): KEC International (large-cap, ~₹19,000+ cr revenue), Kalpataru Projects International / Kalpataru Power Transmission (large-cap, ~₹18,000+ cr revenue), Techno Electric & Engineering Company (mid-cap, ~₹1,500+ cr revenue), Skipper Limited (mid-cap, ~₹3,000+ cr revenue), Salasar Techno Engineering Limited (small/mid-cap tower & EPC manufacturer, also a named litigant against Promax), Sterlite Power / Sterlite Grid Ventures (large private power transmission EPC/developer)
- Promax operates at SME scale relative to these peers
Frequently Asked Questions
What does Promax Power Limited do?
Chandigarh-registered, Delhi-headquartered EPC company (est. lineage 2004, incorporated 2017) executing power transmission & distribution, substation, solar, and civil/water-infrastructure turnkey projects, SME-scale and BSE-listed.
What is the CIN of Promax Power Limited?
The Corporate Identification Number (CIN) of Promax Power Limited is L74999CH2017PLC041692.
Where is Promax Power Limited registered?
Promax Power Limited is registered with RoC Chandigarh (Source: Tofler). Registered address: First Floor, SCO 69, Sector 38C, Chandigarh, Chandigarh - 160036 (Source: Tofler)
When was Promax Power Limited incorporated?
Promax Power Limited was incorporated on August 21, 2017 (Source: Tofler).
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