Powerful Technologies Limited SME IPO

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. 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.

 

Company Promoters: Aditya Gupta, Nitin Chhabra, and Karuna Chhabra


Issue Details

Powerful Technologies Ltd - SME IPO
 Issue Open  9 Aug - 17 Aug, 2018 
 Issue Price  Rs 51 Per Equity Share 
 Market Lot  2000 Shares 
 Issue Size  2,656,000 Equity Shares of Rs 10, up to Rs 13.55 Cr 
 Face Value  Rs 10 Per Equity Share 
 Listing At  NSE SME


 Objectives

 

 1. To meet the working capital requirements of the Company;

 2. Issue Expenses. 

Company Financials

Particulars For the year/period ended (in lakh rupees)
 Summary of financial information (Restated) 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

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