Powerful Technologies Limited IPO

Powerful Technologies Limited Profile:

Powerful Technologies Limited is founded in 2015 based in Delhi. It is in Consumer Electronics business and deals with Manufacturing of LED TV and Power banks. Powerful Technologies Limited is an authorized licensee for Polaroid LED TV and Kodak Power banks in India.
They are fully committed to delivering products and services that will not only meet the expectations of the customers but go beyond them and also add a smile on customers face. They upgrade the quality and range of its products to maintain the winning edge over its competitors.
Powerful Technologies Limited is the brand owner of Lappymaster, Powereye brand. Under this brand, they have a basket of products for the customer Electronics and IT products. The qualities of products and services help the company in carving a place for it, in spite of cut-throat competitive scenario in industry.

Powerful Technologies Limited Promoters:

The Promoter of the company are Aditya Gupta, Nitin Chhabra, and Karuna Chhabra.

Powerful Technologies Limited IPO details:


Symbol: POWERFUL

Issue Size: the Public issue of 26, 56,000 Equity Shares (including Market Maker reservation portion of 1, 34,000 equity shares)

Face Value: Rs 10

Price Range: Rs 51

Issue Type: Fixed Price

Bid Lot: 2,000 Equity Shares and in multiples thereof.

Minimum Order Quantity: 2,000 Equity Shares

Issue Period: 09-Aug-2018 to 14-Aug-2018

Maximum Subscription Amount for Retail Investor: Rs. 2, 00,000

Name of the Registrar: Bigshare Services Private Limited

IPO Market Timings: 10.00 a.m. to 5.00 p.m.

Listing at: NSE SME

Powerful Technologies Limited Financials:


 

                 Powerful Technologies’ financial performance (in INR crore)
FY2015 FY2016 FY2017 FY2018
Total revenue 0.0 25.0  35.6 62.6
Total expenses 0.1  24.6 35.0 56.4
Profit after tax -0.1 0.2 0.4 4.5

 

Powerful Technologies Limited Allotment Status:


Powerful Technologies Limited IPO Allotment Date:  

Powerful Technologies Limited IPO Listing Date:

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