Powerful Technologies Ltd
Registered Office:
G-1 Prakash Chambers Gr Flr 6,Netaji Subhash Marg Darya Ganj,
New Delhi
-
110002,
Phone : NA
Fax : NA
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.
Opens On
Closes On
Application
Allotment
09-Aug-18
17-Aug-18
51.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
2000
Further Multiples of :
2000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
13.55
Finshore Management Services Ltd
Project Financed through Current Offer
13.55
Post Issue Equity Share Capital
10.02
Working Capital Requirements
Aditya Gupta
Nitin Chhabra
Karuna Chhabra