Powerful Technologies Limited IPO (Powerful Technologies IPO) Detail

Aug 9, 2018 - Aug 17, 2018

Incorporated in 2015, Delhi based Powerful Technologies Limited is a company engaged in the business of manufacturing/assembling LED TVs, LED monitors and Power Banks.

Powerful Technologies, initially sold its products under the brand names of "Powereye" and "Lappy Master". The company also used to make power banks for other brands.

In the year 2016-17, it got approval from Kodak and Polaroid to manufacturer mobile power banks and LED TVs respectively. The company is an authorized licensee for Kodak Power banks and Polaroid LED TVs and LED
Monitors in India.

As part of its focus to sell its products online, the company has recently tied-up with Appraio Retail Pvt. Ltd, a JV of Amazon Asia and Patni group as also with Flipkart India Pvt. Ltd.

The company's manufacturing unit is located at Noida. The company has recently delivered the first shipment of mobile adapters to its distributors under "Powereye" brand.

The company has 73 employees including contractual employees on its payroll.

Competitive strengths of the company-

1. License rights with reputed global brands like Polaroid for India, Nepal, and Bangladesh and with Kodak for India.
2. Ownership of brand names "Powereye" and "Lappy Master"
3. Wide distribution network

Company Promoters:

The Promoters of the Company are Aditya Gupta, Nitin Chhabra, and Karuna Chhabra.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-18 31-Mar-17 31-Mar-16 31-Mar-15
Total Assets 3,101.84 2,481.81 999.07 1.06
Total Revenue 6,262.12 3,561.26 2,497.25 --
Profit After Tax 450.25 40.65 18.48 (0.11)

Objects of the Issue:

The objects of the Issue are:
1. To meet the working capital requirements of the Company;
2. Issue Expenses.

Powerful Technologies IPO Details

IPO DateAug 9, 2018 - Aug 17, 2018
Issue TypeFixed Price Issue IPO
Issue Size2,656,000 Eq Shares of ₹10
(aggregating up to ₹13.55 Cr)
Face Value₹10 Per Equity Share
IPO Price₹51 Per Equity Share
Market Lot2000 Shares
Min Order Quantity2000 Shares
Listing AtNSE SME

Powerful Technologies IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum12000₹102,000
Maximum12000₹102,000

Powerful Technologies IPO Subscription Status (Bidding Detail)

Powerful Technologies IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

1,261,000

1,261,000

2,522,000

Aug 17, 2018 18:00

1.52x

1.09x

1.30x

Powerful Technologies IPO Prospectus

Powerful Technologies IPO Rating

241
3.9
Rating:Rated 3.9 stars

Vote Here ...

Powerful Technologies IPO Listing Date

Listing DateTuesday, August 28, 2018
BSE Script Code
NSE SymbolPOWERFUL
Listing In
ISININE650Z01011
IPO Price₹51 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
NSE SME
IPO Price:₹51.00
Open:₹48.00
Low:₹45.60
High:₹48.00
Last Trade:₹45.60
Volume:4,000

Powerful Technologies IPO Reviews / Ratings

Company Contact Information

Powerful Technologies Limited
G1 Prakash Chamber Ground Floor 6
Netaji Subash Marg, Darya Ganj
New Delhi- 110002

Phone: +91 11 40071894
Email: Nitin@pcpl.in
Website: http://www.powerfultech.in/

Powerful Technologies IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Powerful Technologies IPO FAQs

  1. 1. What is Powerful Technologies IPO?

    Powerful Technologies IPO is a SME IPO of 2,656,000 equity shares of the face value of ₹10 aggregating up to ₹13.55 Crores.

    The issue price of the IPO is ₹51 Per Equity Share. The minimum order quantity is 2000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Aug 9, 2018 and closes on Aug 17, 2018.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

  2. 2. When Powerful Technologies IPO will open?

    The Powerful Technologies IPO opens on Aug 9, 2018 and closes on Aug 17, 2018.

  3. 3. How to apply for Powerful Technologies IPO?

    Powerful Technologies IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Powerful Technologies IPO allotment?

    The finalization of Basis of Allotment for Powerful Technologies IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Powerful Technologies IPO allotment status.

  5. 5. When is Powerful Technologies IPO listing date?

    The Powerful Technologies IPO listing date is on Tuesday, August 28, 2018, at NSE SME.
  6. 6. What is the lot size of Powerful Technologies IPO?

    Powerful Technologies IPO lot size is 2000 Shares and the minimum order quantity is 2000 Shares.

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Powerful Technologies IPO Review / Comments

Carn Mohan
100. Carn Mohan  Sep 11, 2018 15:42
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
Share is going to my buy target ₹ 15
Small Investor
100.1. Small Investor  Sep 11, 2018 16:06
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
today@ 25
Abhishek Shahi
99. Abhishek Shahi  Sep 11, 2018 10:17
Dekhte hai kab tak hota hai ... cover up ki koshish ho rhi hai... but

big loss to investors
Sanskarjain
98. Sanskarjain  Sep 10, 2018 15:18
Finally,downfall stopped today.. cross-fingered
Pata nahin kab wapas niche girna start ho jaye
Carn Mohan
97. Carn Mohan  Sep 9, 2018 15:49
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
If goes below ₹12 than buy immediately 50,% gain possible
Pramod.NewInvester
96. Pramod.NewInvester  Sep 7, 2018 12:24
Dear Experts,
Is this will go only in downward? Any hope for upward direction?
Adp
95. Adp  Sep 6, 2018 23:53
Yeh sala bahot bada chuna laga gaya..
GrowYourMoney
94. GrowYourMoney  Sep 5, 2018 00:11
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Heard Promoter cheated Investors & LM.
Forged Co...
Abhishek Shahi
93. Abhishek Shahi  Sep 4, 2018 17:53
Go to Company office .... and ask , what you cooked up.
Abhishek Shahi
92. Abhishek Shahi  Sep 4, 2018 11:47
Daily 5% down ... big fault ... no buyer .... shame on Co, advisors, Underwriter
Sanskarjain
92.1. Sanskarjain  Sep 4, 2018 12:52
When will this downfall be stopped?
SMELOVER
92.2. SMELOVER  Sep 4, 2018 17:04
15 rs
Analysis
91. Analysis  Aug 31, 2018 18:37
It may go to lower level or up it will depend on there performance in nwxt 6 month that is what i am saying. Investors who have applied for listings gain are selling at any price and people will buy it at lower price and they will get good benefits. Investors are into fear of loosing their money they want to sell at any price because of reading the forum or following here and any other site of our discussions.
I am not saying you are wrong and not saying i am right. Just saying that it might be good in future.
#closed
SMELOVER
91.1. SMELOVER  Aug 31, 2018 23:29
aisa hi kuch logo ne UHZaveri ke liye bhi kaha tha

sell this stock immediately to avoid future loss.
Carn Mohan
90. Carn Mohan  Aug 31, 2018 18:02
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
IPO fail ho Gaya tha , company nay retailers Kay liya Dana Dala 2days time badha diya and Chidiya jaaaal may.
Analysis
89. Analysis  Aug 30, 2018 11:38
It will be good for future low listing is due to negative hype created and investors who were expecting listing gain are selling there share to release their money
Analysis
89.2. Analysis  Aug 31, 2018 10:51
If company can maintain same growth it will be multi bagger but you have to wait for 6 month to see how they perform
SMELOVER
89.3. SMELOVER  Aug 31, 2018 13:35
hahahah

mutibagger nahi multibeggar

no one buy this company products

have you heard anyone buying its product?
check amazon review where its selling. worst reviews.

this stock will be available between 5 to 10 rs in 1 year
Abhishek Shahi
88. Abhishek Shahi  Aug 29, 2018 20:15
ye share dubha sakta hai apka paisa .. where the co agents
SMELOVER
88.1. SMELOVER  Aug 30, 2018 11:07
Abhishek you were too positive on non panthomath issues

what happened, i hope you aggresively bid for all these companies like powersoft, sumit woods, marshall and supreme engineering
Abhishek Shahi
87. Abhishek Shahi  Aug 29, 2018 20:14
today also lower circuit ... i think aur niche ja sakta hai abhi aur
SMELOVER
86. SMELOVER  Aug 29, 2018 18:12
Government happy with listing.
SEbi happy with listing.
exhange happy with listing( trade se paise)

company and lead manager very happy to collect money

bechara retail investor company ko paisa deta gaya aur loss karta gaya.

yeh government thinks about company. retailer ke paise company ko dete jao

retailer ke loss se usse kya

khair sirf vote hi batayenge sahi waqt aane par
SMELOVER
85. SMELOVER  Aug 29, 2018 13:26
1.6 lakh seller

better to avoid all new ipo sme opened as they willl be available below issue pruce also

Sumit wood at 45 expensive. if reach same valuation as cmm infra then sumit woods fair price comes at 30 rs

Marshall MAchine- saarthi new issue. None of the old recent saarthi issues given return. all available below issue price.

supreme engineering- Midhani is cheaper and debt free. buy that instead of this company which has high debt.

Avoid all 3 new sme
TheLearner
84. TheLearner  Aug 29, 2018 10:00
first stock in which just 2 lots were bought on first day and second day still no trade. hoping buying will come in later part of the day
Abhishek Shahi
83. Abhishek Shahi  Aug 29, 2018 09:55
this may go before 30 in some days.
Abhishek Shahi
82. Abhishek Shahi  Aug 28, 2018 16:22
it will be small waa solar ... first day 11 % down
Small Investor
82.1. Small Investor  Aug 28, 2018 16:55
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
akshar k bad Powerfull M bhi fansh gya m
Abhishek Shahi
82.2. Abhishek Shahi  Aug 29, 2018 09:54
check my comment ... i was saying NO. but people go with the flow
IPOANALYSIS
81. IPOANALYSIS  Aug 24, 2018 17:38
Noone will gain on listing.
Very flat listing expected.

same as credit listing
Vkjain
81.7. Vkjain  Aug 28, 2018 10:13
I am an unlucky allottee. Now,what should i do? Shall i hold or sell it at any price?
Vkjain
81.8. Vkjain  Aug 28, 2018 23:08
@ipoanalysis
Sir, what do yu think - should it be hold or should i sell it? May it touch issue Price in upcoming 4-6 months? Please tell you view..






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