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Home >> Market >> IPO >> IPO Synopsis
Powerful Technologies Ltd
Registered Office: G-1 Prakash Chambers Gr Flr 6, Netaji Subhash Marg Darya Ganj, New Delhi - 110002, Delhi
Email: nitin@pcpl.in
Website: www.powerfultech.in
Public issue of 26,56,000 equity shares of face value of Rs. 10/- each fully paid up of Powerful Technologies Limited (the "company" or the "issuer") for cash at a price of Rs. 51/- per equity share (the "issue price") (including a share premium of Rs. 41/- per equity share aggregating to Rs.13.55 Crores (the "issue") by the company, of which 1,34,000 equity shares of face value of Rs.10 /- each fully paid up will be reserved for subscription by market maker to the issue ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 25,22,000 equity shares of face value of Rs. 10/- each fully paid up is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.50% and 25.17% respectively of the post issue paid up equity share capital of the company The face value of the equity shares is Rs. 10 each. The issue price is Rs. 51 per equity share. The issue price is 5.10 times the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
09-Aug-2018 14-Aug-2018 51.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 13.55
Project Financed through Current Offer 13.55
Post Issue Equity Share Capital 10.02
Issue Price 51.00
Working Capital Requirements
Promoted By
Aditya Gupta
Nitin Chhabra
Karuna Chhabra
Listing At
Registrar to the Issue
Bigshare Services Pvt Ltd
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