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 Opening DateAug 9, 2018
IPO Closing DateAug 17, 2018
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹51 per equity share
Market Lot2000 Shares
Min Order Quantity2000 Shares
Listing AtNSE SME
Issue Size2,656,000 Eq Shares of ₹10
(aggregating up to ₹13.55 Cr)

Powerful Technologies IPO Lot Size

The Powerful Technologies IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹102,000).

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

Powerful Technologies IPO Subscription Status (Bidding Detail)

The Powerful Technologies IPO is subscribed 1.30x times on Aug 17, 2018 18:00. The public issue subscribed 1.09x in the retail category, in the QIB category, and 1.52x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
NII

1.52x

RII

1.09x

Total

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. 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 is priced at ₹51 per equity share. The minimum order quantity is 2000 Shares.

    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. When Powerful Technologies IPO will open?

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

  3. 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.

  4. How to apply for Powerful Technologies IPO?

    You can apply in Powerful Technologies IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. 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.

  6. When is Powerful Technologies IPO listing date?

    The Powerful Technologies IPO listing date is on Tuesday, August 28, 2018.

Powerful Technologies IPO Message Board

Ranked Members  Ranked Members

Loading...
100. Carn Mohan |Sep 11, 2018 16:42
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
Share is going to my buy target Rs 15
100.1. Small Investor |Sep 11, 2018 17:06
IPO Guru IPO Guru (1400+ Posts, 700+ Likes)
today@ 25
99. Abhishek Shahi |Sep 11, 2018 11:17
Dekhte hai kab tak hota hai ... cover up ki koshish ho rhi hai... but

big loss to investors
98. Sanskarjain |Sep 10, 2018 16:18
Finally,downfall stopped today.. cross-fingered
Pata nahin kab wapas niche girna start ho jaye
97. Carn Mohan |Sep 9, 2018 16:49
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
If goes below Rs 12 than buy immediately 50,% gain possible
96. Pramod.NewInvester |Sep 7, 2018 13:24
Dear Experts,
Is this will go only in downward? Any hope for upward direction?
95. Adp |Sep 7, 2018 00:53
Yeh sala bahot bada chuna laga gaya..
94. GrowYourMoney |Sep 5, 2018 01:11
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Heard Promoter cheated Investors & LM.
Forged Co...
93. Abhishek Shahi |Sep 4, 2018 18:53
Go to Company office .... and ask , what you cooked up.
92. Abhishek Shahi |Sep 4, 2018 12:47
Daily 5% down ... big fault ... no buyer .... shame on Co, advisors, Underwriter
92.1. Sanskarjain |Sep 4, 2018 13:52
When will this downfall be stopped?
92.2. SMELOVER |Sep 4, 2018 18:04
15 rs
91. Analysis |Aug 31, 2018 19:37
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
91.1. SMELOVER |Sep 1, 2018 00:29
aisa hi kuch logo ne UHZaveri ke liye bhi kaha tha

sell this stock immediately to avoid future loss.
90. Carn Mohan |Aug 31, 2018 19:02
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.
89. Analysis |Aug 30, 2018 12:38
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
89.2. Analysis |Aug 31, 2018 11:51
If company can maintain same growth it will be multi bagger but you have to wait for 6 month to see how they perform
89.3. SMELOVER |Aug 31, 2018 14:35
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
88. Abhishek Shahi |Aug 29, 2018 21:15
ye share dubha sakta hai apka paisa .. where the co agents
88.1. SMELOVER |Aug 30, 2018 12:07
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
87. Abhishek Shahi |Aug 29, 2018 21:14
today also lower circuit ... i think aur niche ja sakta hai abhi aur
86. SMELOVER |Aug 29, 2018 19:12
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
85. SMELOVER |Aug 29, 2018 14:26
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
84. TheLearner |Aug 29, 2018 11:00
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
83. Abhishek Shahi |Aug 29, 2018 10:55
this may go before 30 in some days.
82. Abhishek Shahi |Aug 28, 2018 17:22
it will be small waa solar ... first day 11 % down
82.1. Small Investor |Aug 28, 2018 17:55
IPO Guru IPO Guru (1400+ Posts, 700+ Likes)
akshar k bad Powerfull M bhi fansh gya m
82.2. Abhishek Shahi |Aug 29, 2018 10:54
check my comment ... i was saying NO. but people go with the flow
81. IPOANALYSIS |Aug 24, 2018 18:38
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
Noone will gain on listing.
Very flat listing expected.

same as credit listing
81.7. Vkjain |Aug 28, 2018 11:13
I am an unlucky allottee. Now,what should i do? Shall i hold or sell it at any price?
81.8. Vkjain |Aug 29, 2018 00:08
@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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