Powerful Technologies IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 13.55 Cr. The company is based in New Delhi and caters to Electric Equipments sector. Finshore Management Services is the merchant banker of Powerful Technologies IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 15th March 2018.
Powerful Technologies IPO open date is 9th August 2018 and close date is 17th August 2018. IPO Allotment Date is 30th November -0001 and Listing date is 28th August 2018.Powerful Technologies IPO size is ₹ 13.55 Cr. with IPO price of ₹ 51.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Finshore Management Services Limited is the book-running lead manager of the Powerful Technologies IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Share India Securities Limited for Powerful Technologies IPO.
Powerful Technologies IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Powerful Technologies IPO, based in New Delhi, operates in the Electric Equipments sector with a focus on LED monitors and Power Banks.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Powerful Technologies IPO size is ₹ 13.55 Cr. with fresh issue size of ₹ 13.55 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Powerful Technologies IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Powerful Technologies IPO allotment status on the registrars website, Bigshare Services Private Limited . Powerful Technologies IPO refund dates are 30th November -0001.
Powerful Technologies IPO is expected to be listed on 28th August 2018.
The upper price band for the Powerful Technologies IPO is set at ₹ 51.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Powerful Technologies IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Powerful Technologies IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 17th August 2018. After submission, funds are blocked until the basis of allotment of Powerful Technologies IPO is finalised.
The merchant banker for Powerful Technologies IPO is Finshore Management Services Limited . Finshore Management Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Powerful Technologies IPO RHP for further details.
The registrar for Powerful Technologies IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Powerful Technologies IPO through their official website or helpline.
Powerful Technologies IPO was subscribed 1.30 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Powerful Technologies IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Powerful Technologies Financial Review Page
Merchant Banker(s) of Powerful Technologies IPO: Finshore Management Services Limited
Powerful Technologies IPO subscription was 1.30 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Powerful Technologies IPO listed at a listing price of 45.60 against the offer price of 51.00.
The current market price of Powerful Technologies is 1.95.
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