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Powerful Technologies Limited IPO
NSE SMERs 1,02,000 / 2000 Shares
Powerful Technologies Limited IPO Details
The Powerful Technologies Limited IPO price band is set between Rs 51/- Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Bigshare Services Pvt. Ltd, and the equity shares are proposed to be listed on the NSE SME.
The IPO date for subscription opens on 9 Aug, 2018 and closes on 17 Aug, 2018. Investors can check the allotment status on 24 Aug, 2018, while the listing date is tentatively scheduled for 28 Aug, 2018.
The total issue size is Fresh Issue of 26,56,000 Equity Shares of Rs 10/- at a price of Rs 51/- per share aggregating to Rs 13.55 Cr, aggregating up to . Stay tuned for the latest Powerful Technologies Limited IPO review and GMP updates.
Powerful Technologies Limited IPO Review, Rating & Analysis
Powerful Technologies Limited IPO Review
NO REVIEWPowerful Technologies Limited IPO Rating
Powerful Technologies Limited IPO Highlights
IPO Date
Aug 9, 2018 - Aug 17, 2018
Listing Date
28 Aug, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 51/- Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE SME
Powerful Technologies Limited IPO Lot Size
The minimum market lot for Powerful Technologies Limited IPO is 2000 shares with an application amount of ₹1,02,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,02,000 |
| Retail (Max) | 1 | 2000 | ₹1,02,000 |
| S-HNI (Min) | 2 | 4000 | ₹2,04,000 |
| S-HNI (Max) | 9 | 18000 | ₹9,18,000 |
| B-HNI (Min) | 10 | 20000 | ₹10,20,000 |
Powerful Technologies Limited IPO Timeline
Issue Price
Rs 51/- Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt. LtdLead Manager
Finshore Management Services LimitedIssue Size
Fresh Issue of 26,56,000 Equity Shares of Rs 10/- at a price of Rs 51/- per share aggregating to Rs 13.55 CrPromoters & Share Holding
Promoter(s) Name
- Mr. Aditya Gupta
- Mrs. Karuna Chhabra
- Mr. Nitin Chhabra
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Powerful Technologies Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 12,62,000 | 12,62,000 | 25,22,000 |
Day 1 -09-08-18 | 6,80,000 0.54 x | 1,70,000 0.13 x | 8,50,000 0.34 x |
Day 2 -10-08-18 | 6,84,000 0.54 x | 3,64,000 0.29 x | 10,48,000 0.42 x |
Day 3 -13-08-18 | 6,84,000 0.54 x | 7,18,000 0.57 x | 14,02,000 0.56 x |
Day 4 -14-08-18 | 7,84,000 0.62 x | 11,56,000 0.92 x | 19,40,000 0.77 x |
Day 5 -16-08-18 | 15,78,000 1.25 x | 12,20,000 0.97 x | 27,98,000 1.11 x |
Day 6 -17-08-18 | 19,12,000 1.52 x | 13,70,000 1.09 x | 32,82,000 1.30 x |
Frequently Asked Questions about Powerful Technologies Limited IPO IPO
When will Powerful Technologies Limited IPO open for subscription?
The Powerful Technologies Limited IPO opens on 9 Aug, 2018 and closes on 17 Aug, 2018.
What is the investors portion for Powerful Technologies Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 1262000.
How to apply for Powerful Technologies Limited IPO?
You can apply for Powerful Technologies Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Powerful Technologies Limited IPO?
The issue size of Powerful Technologies Limited IPO is approx ₹Fresh Issue of 26,56,000 Equity Shares of Rs 10/- at a price of Rs 51/- per share aggregating to Rs 13.55 Cr crores.
What is the price band of Powerful Technologies Limited IPO?
The price band for Powerful Technologies Limited IPO is Rs 51/ to ₹ Per Equity Share.
What is the lot size of Powerful Technologies Limited IPO?
The minimum bid (lot size) for Powerful Technologies Limited IPO is 2000 shares with an investment of approx Rs 1,02,000 .
What is the allotment date of Powerful Technologies Limited IPO?
The allotment date for Powerful Technologies Limited IPO is 24 Aug, 2018.
What is the listing date of Powerful Technologies Limited IPO?
The listing date for Powerful Technologies Limited IPO is expected to be 28 Aug, 2018.
What is the GMP of Powerful Technologies Limited IPO?
The latest Grey Market Premium (GMP) for Powerful Technologies Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.