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Powerful Technologies Ltd.

Powerful Technologies Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹51
₹51
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹51
Based on GMP
Min. Investment
₹102,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
09 Aug 2018
Close Date
17 Aug 2018
Allotment
23 Aug 2018
Listing Date
28 Aug 2018
Exchange
NSE SME
Price Band
₹51
Listing Price
See chart
Allotment Status
Price Band
₹51
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
26,56,000 shares (aggregating up to ₹13.55 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹102,000
1 lot
Pre-IPO Holding
73,65,716 shares
Promoters
Post-IPO Holding
1,00,21,716 shares
Promoters
UPI Deadline
2018-08-17
Mandate
Anchor AllotmentWed, 08 Aug 2018
Basis of AllotmentThu, 23 Aug 2018
Refund InitiationFri, 24 Aug 2018
Demat CreditFri, 24 Aug 2018
Listing DayTue, 28 Aug 2018
UPI Mandate Deadline2018-08-17
Sale TypeFresh Capital
Net Offer to Public25,22,000 shares (aggregating up to ₹12.86 Cr)
Market Maker Quota1,34,000 shares (aggregating up to ₹0.6834 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Powerful Technologies Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 17 Aug 2018.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
134,000
₹0.68
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
2,656,000
100% ₹13.55
IPO Shares Offered
Powerful Technologies Ltd. IPO total issue size: ₹13.55 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 134,000 ₹0.68
5.05%
Total 2,656,000 ₹13.55
100.00%
* Based on upper price band ₹51 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹51.00
Upper Band
Min Investment
₹102,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹204,000
Retail (Max — 13 Lots)1326,000₹1,326,000
S-HNI (Min — 14 Lots)1428,000₹1,428,000
B-HNI (Min — 68 Lots)68136,000₹6,936,000
* Issue Price ₹51 × Lot Size 2,000 shares
IPO Schedule
Anchor
08 Aug 2018
✓ Done
IPO Open
09 Aug 2018
✓ Done
IPO Close
17 Aug 2018
✓ Done
Allotment
23 Aug 2018
✓ Done
Refunds
24 Aug 2018
✓ Done
Demat Credit
24 Aug 2018
✓ Done
Listing Day
28 Aug 2018
✓ Done
Powerful Technologies Ltd. — Live Price LIVE
₹51.00
INR · NSE
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Issue ₹51.00 Live Price
About Powerful Technologies Ltd.
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 LEDMonitors 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
Objects of the Issue
1
1 To meet the working capital requirements of the Company
Powerful Technologies Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹2,497.3
31-Mar-16
₹3,561.3
31-Mar-17
₹6,262.1
31-Mar-18
Profit After Tax (PAT)
₹18.5
31-Mar-16
₹40.7
31-Mar-17
₹450.3
31-Mar-18
Particulars31-Mar-1831-Mar-1731-Mar-16
Revenue from Operations 6262.12 3561.26 2497.25
EBITDA N/A N/A N/A
Profit After Tax (PAT) 450.25 40.65 18.48
Net Worth N/A N/A N/A
Total Assets 3101.84 2481.81 999.07
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered26,56,000 (100.00%)
Net Offer to Public25,22,000 shares (aggregating up to ₹12.86 Cr)
Reserved for Market Maker1,34,000 shares (aggregating up to ₹0.6834 Cr)
Pre-Issue Promoter Holding73,65,716 shares
Post-Issue Promoter Holding1,00,21,716 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Finshore Management Services Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Powerful Technologies Ltd. IPO subscribed?

Powerful Technologies Ltd. IPO is subscribed 1.00 times by Aug 17, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Powerful Technologies Ltd. IPO retail subscription status?

The Powerful Technologies Ltd. IPO retail category is subscribed 1.00 times as of 17 Aug 2018. The retail portion is oversubscribed.

How to subscribe Powerful Technologies Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 09 Aug 2018 and closes 17 Aug 2018. Min investment: ₹102,000 (1 lot = 2,000 shares). UPI mandate: 2018-08-17.

How many times Powerful Technologies Ltd. IPO subscribed?

The Powerful Technologies Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Powerful Technologies Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 23 Aug 2018. Refunds: on 24 Aug 2018.

When Powerful Technologies Ltd. IPO will be listed?

The Powerful Technologies Ltd. IPO listing date is 28 Aug 2018, Tuesday. Listed on: NSE SME. Issue price: ₹51. Estimated listing: ₹51. GMP: NIL.

When Powerful Technologies Ltd. IPO close?

The Powerful Technologies Ltd. IPO closes on 17 Aug 2018, Friday. UPI mandate: 2018-08-17. Allotment: 23 Aug 2018. Listing: 28 Aug 2018.