Powerful Technologies IPO Subscription Details

Fixed Price IPO | ₹14 Cr | Listed at NSE SME | Thu, Aug 9, 2018 - Fri, Aug 17, 2018

Basis of Allotment - Powerful Technologies IPO

Details NII Retail Total
Allocation (No. of shares)12,60,00012,62,00025,22,000
Allotment price (Rs.)515151
No.of applications15538553
No.of shares applied14,46,00010,76,00025,22,000
Amount collected (Rs.cr.)7.37 5.49 12.86
No.of times subscribed1.150.851.00
No.of shares allotted14,46,00010,76,00025,22,000
Amount (Rs.cr.)7.37 5.49 12.86
No.of allottees15538553

IPO Shares Offered

Powerful Technologies IPO is a public issue of 0.25 Cr equity shares. The issue offers 0.13 Cr shares to retail investors , 0.13 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,34,0000.68 5.05%
Other 12,60,0006.43 47.44%
Retail12,62,0006.44 47.52%
Total26,56,00013.55 100%

IPO Subscription FAQs

The Powerful Technologies IPO is subscribed 1.3021 times by Aug 17, 2018 18:00.

Powerful Technologies IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional1.5175
Retail Individual1.0872
Total Subscription1.3021

Retail category of Powerful Technologies IPO subscribed 1.0872 times as of date Aug 17, 2018 18:00. The public issue closes on Fri, Aug 17, 2018 for bidding.

An investor can apply in Powerful Technologies IPO online via bank (using ASBA) or the broker (using UPI). The Powerful Technologies IPO shares are offered online only.

The Powerful Technologies IPO is subscribed 1.3021 times by Aug 17, 2018 18:00.

The Powerful Technologies IPO allotment status is expected on or around [.]. Visit Powerful Technologies IPO allotment status to check.

The Powerful Technologies IPO listing date is August 28, 2018. The equity share of Powerful Technologies IPO will list on NSE SME.

Visit Powerful Technologies IPO subscription status page for real-time bidding information about Powerful Technologies IPO.

Powerful Technologies IPO Timetable

IPO opens OnThursday, August 9, 2018
IPO Closes OnFriday, August 17, 2018
Finalisation of Basis of Allotment[.]
Initiation of Refunds[.]
Credit of Shares to Demat Account[.]
IPO Listing DateTuesday, August 28, 2018
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