Powerful Technologies IPO Review, Dates, Price Band, Allotment & Market Lot Details

Powerful Technologies Limited is incorporated in 2015 based in Delhi. The company is a manufacturer of LED TVs, LED Monitors and Power Banks. The company also assemble the same prodducts as well. They are selling product with the brand name “Powereye” and “Lappy Master”. Powerful Technologies ipo is starting from 09-August and ends on 14-August. The price band is around Rs.51 with 2000 market lot. The ipo size is around 13.55 crore rupees.

IPO Review:

  • Risky

Powerful Technologies IPO Dates & Price Band:

  • IPO Open: 09-August-2018
  • IPO Close: 14-August-2018
  • IPO Size: Approx Rs 13.55 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.51 Per Equity Share
  • Listing on: NSE SME
  • Shares: 2,656,000
  • Retail Portion: 50%

IPO Market Lot:

  • Shares: Apply for 2,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,02,000

IPO Allotment & Listing:

  • Basis of Allotment: August-2018
  • Refunds: August-2018
  • Credit to demat accounts: August-2018
  • Listing: August-2018

Financial Results:

  Rs. in Crore
Revenue Expense PAT
2015 0.0 0.1 -0.1
2016 25.0 24.6 0.2
2017 35.6 35.0 0.4
2018 62.6 56.4 4.5

Powerful Technologies IPO Important Links:

  • Grey Market Premium
  • IPO Subscription Numbers
  • IPO Allotment Status

Company Promoters:

  • Aditya Gupta
  • Nitin Chhabra
  • Karuna Chhabra

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: [email protected]
Website: http://www.bigshareonline.com

IPO Lead Managers:

  • Finshore Management Services Limited

Company Address:
Powerful Technologies Limited
G1 Prakash Chamber Ground Floor 6
Netaji Subash Marg, Darya Ganj
New Delhi- 110002
Phone: +91 11 40071894
Email: [email protected]
Website: http://www.powerfultech.in/