Chittorgarh.com
Free Trading + Demat Account

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

Powerful Technologies IPO Subscription Status (Live)

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 Date: Tuesday, August 28, 2018
  •   ›  BSE Script Code:
  •   ›  NSE Symbol: POWERFUL
  •   ›  Listing In:
  •   ›  ISIN: INE650Z01011
  •   ›  Issue Price: Rs 51 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price:
Open:
Low:
High:
Last Trade:
Volume:
NSE
Rs 51.00
Rs 48.00
Rs 45.60
Rs 48.00
Rs 45.60
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
Fax:
Email: Nitin@pcpl.in
Website: http://www.powerfultech.in/

Powerful Technologies IPO Registrar

Bigshare Services Pvt. Ltd   »  Report
   Bigshare Services Pvt Ltd E-2 & 3,
   Ansa Industrial Estate, Saki-Vihar Road,
   Sakinaka, Andheri(E), Mumbai - 400 072

Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Powerful Technologies IPO Lead Manager(s)

Guaranteed Save 60% to 90% Brokerage

You could reduce the brokerage cost significantly by moving to another stock broker. Our expert team compared top share brokers in India to help traders. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...

Powerful Technologies IPO Review / Comments

avatar
100. Carn Mohan  Sep 11, 2018 15:42 I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Share is going to my buy target ₹ 15
avatar
100.1. Small Investor  Sep 11, 2018 16:06 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
today@ 25
avatar
99. Abhishek Shahi  Sep 11, 2018 10:17 I Like It. | Report Abuse Reply
Dekhte hai kab tak hota hai ... cover up ki koshish ho rhi hai... but

big loss to investors
avatar
98. Sanskarjain  Sep 10, 2018 15:18 I Like It. | Report Abuse Reply
Finally,downfall stopped today.. cross-fingered
Pata nahin kab wapas niche girna start ho jaye
avatar
97. Carn Mohan  Sep 9, 2018 15:49 I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
If goes below ₹12 than buy immediately 50,% gain possible
avatar
96. Pramod.NewInvester  Sep 7, 2018 12:24 I Like It. | Report Abuse Reply
Dear Experts,
Is this will go only in downward? Any hope for upward direction?
avatar
95. Adp  Sep 6, 2018 23:53 I Like It. 2 | Report Abuse Reply
Yeh sala bahot bada chuna laga gaya..
avatar
94. GrowYourMoney  Sep 5, 2018 00:11 I Like It. | Report Abuse Reply
Heard Promoter cheated Investors & LM.
Forged Co...
avatar
93. Abhishek Shahi  Sep 4, 2018 17:53 I Like It. | Report Abuse Reply
Go to Company office .... and ask , what you cooked up.
avatar
92. Abhishek Shahi  Sep 4, 2018 11:47 I Like It. | Report Abuse Reply
Daily 5% down ... big fault ... no buyer .... shame on Co, advisors, Underwriter
avatar
92.1. Sanskarjain  Sep 4, 2018 12:52 I Like It. | Report Abuse
When will this downfall be stopped?
avatar
92.2. SMELOVER  Sep 4, 2018 17:04 I Like It. | Report Abuse
15 rs
avatar
91. Analysis  Aug 31, 2018 18:37 I Like It. | Report Abuse Reply
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
avatar
91.1. SMELOVER  Aug 31, 2018 23:29 I Like It. | Report Abuse
aisa hi kuch logo ne UHZaveri ke liye bhi kaha tha

sell this stock immediately to avoid future loss.
avatar
90. Carn Mohan  Aug 31, 2018 18:02 I Like It. | Report Abuse Reply
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
IPO fail ho Gaya tha , company nay retailers Kay liya Dana Dala 2days time badha diya and Chidiya jaaaal may.
avatar
89. Analysis  Aug 30, 2018 11:38 I Like It. 1 | Report Abuse Reply
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
avatar
89.2. Analysis  Aug 31, 2018 10:51 I Like It. | Report Abuse
If company can maintain same growth it will be multi bagger but you have to wait for 6 month to see how they perform
avatar
89.3. SMELOVER  Aug 31, 2018 13:35 I Like It. | Report Abuse
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
avatar
88. Abhishek Shahi  Aug 29, 2018 20:15 I Like It. | Report Abuse Reply
ye share dubha sakta hai apka paisa .. where the co agents
avatar
88.1. SMELOVER  Aug 30, 2018 11:07 I Like It. 1 | Report Abuse
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
avatar
87. Abhishek Shahi  Aug 29, 2018 20:14 I Like It. | Report Abuse Reply
today also lower circuit ... i think aur niche ja sakta hai abhi aur
avatar
86. SMELOVER  Aug 29, 2018 18:12 I Like It. 1 | Report Abuse Reply
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
avatar
85. SMELOVER  Aug 29, 2018 13:26 I Like It. | Report Abuse Reply
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
avatar
84. TheLearner  Aug 29, 2018 10:00 I Like It. | Report Abuse Reply
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
avatar
83. Abhishek Shahi  Aug 29, 2018 09:55 I Like It. | Report Abuse Reply
this may go before 30 in some days.
avatar
82. Abhishek Shahi  Aug 28, 2018 16:22 I Like It. | Report Abuse Reply
it will be small waa solar ... first day 11 % down
avatar
82.1. Small Investor  Aug 28, 2018 16:55 I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
akshar k bad Powerfull M bhi fansh gya m
avatar
82.2. Abhishek Shahi  Aug 29, 2018 09:54 I Like It. | Report Abuse
check my comment ... i was saying NO. but people go with the flow
avatar
81. IPOANALYSIS  Aug 24, 2018 17:38 I Like It. 1 | Report Abuse Reply
Noone will gain on listing.
Very flat listing expected.

same as credit listing
avatar
81.7. Vkjain  Aug 28, 2018 10:13 I Like It. | Report Abuse
I am an unlucky allottee. Now,what should i do? Shall i hold or sell it at any price?
avatar
81.8. Vkjain  Aug 28, 2018 23:08 I Like It. | Report Abuse
@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..
  • Special Offers
    by Popular Stock Brokers
  • HDFC Securities
    Open your 3-in-1 account with free Demat and Trading Account. Demat account AMC fee of ₹750 waived off for the first year.
  • Sharekhan
    Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.
  • Angel Broking
    Get free lifetime AMC on Demat & Trading account with Angel when you pay ₹1500 (payable in 2nd year). Get the offer
  • India Infoline (IIFL)
    Open a FREE Demat & Trading Account (Save upto ₹1150). Get the exclusive offer
  • Ventura
    Zero account opening fees for limited time. Request a Callback
  • Motilal Oswal
    Get Free Trading + Demat Account (₹500 waived on account opening) for limited time. Get the offer
  • Religare
    Get Free Trading + Demat Account for limited time. Get the offer
  • Zerodha
    Free equity delivery trading (truly no brokerage) and Flat ₹20 intranet and F&O trade brokerage. Get the offer
  • ProStocks
    Get Free Trading + Demat Account for limited time. Request a Callback
  • 5paisa
    Open 5Paisa Trading Account & get FREE Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 10 per order. Get the offer
  • Upstox
    Get account opening fees as brokerage cashback + Free equity delivery trading (truly no brokerage) + Flat ₹20 for Intraday and F&O trades. Get the Exclusive Offer
  • SAMCO
    Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App
  • Fyers
    Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage). Get the offer
  • Beeline
    Open a Lifetime free AMC Demat Account at just ₹176 + 15 days trading free. Use coupon code CHT176 for this special offer.
  • AliceBlue
    Get Zero AMC Demat Account for life.
  • Trustline
    Get 50% disocunt (₹500 Off) on Lifetime FREE AMC Demat Account fee (₹1000).
  • RMoney
    Free Account Opening + Free Demat AMC for Life + Free Call & Trade
  • iTradeOnline
    Get 50% disocunt (₹500 Off) on Lifetime FREE AMC Demat Account fee (₹1000).


More About Brokers

Special Offers Broker Reports

Message Board

Stock Message Board


Search Chittorgarh.com:

Translate Chittorgarh.com: