Powerful Technologies Limited IPO Allotment Status Online

IPO

Powerful Technologies Limited IPO

NSE SME

Offer Date: Aug 9, 2018 - Aug 17, 2018

₹ 102000 /2000 Shares

IPO Details

09 Aug, 2018

Open Date

17 Aug, 2018

Close Date

24 Aug, 2018

Allotment Date

28 Aug, 2018

Listing Date

Issue Price

Rs 51/- Per Equity Share 

Face Value

Rs 10 Per Equity Share 

Listing at Group

NSE SME

Registrar

Bigshare Services Pvt. Ltd

Allotment Details

The allotment for the initial public offer (IPO) of Powerful Technologies Limited IPO is likely to be finalized on, Aug 24, 2018 . Investors can check their allotment status on the issue's registrar Not Available website, IPO Ji app/website, as well as on the BSE and NSE websites.

The Powerful Technologies Limited IPO was open for subscription between Aug 9, 2018 - Aug 17, 2018 at a price band in the range of Rs 51/- Per Equity Share .

The Powerful Technologies Limited IPO's initial public offering received moderate responses from investors throughout the three-day bidding. Retail investors' portion was subscribed 13,70,000 1.09 times, while non-institutional investors' quota received 12 times subscription. The qualified institutional buyers (QIBs) portion was booked 19 times. Overall, the IPO was subscribed 32,82,000 1.30 times.

How to Check Powerful Technologies Limited IPO Allotment Status Online

You can check your IPO allotment status online on the website of the IPO registrar, IPO Ji App/Website, and BSE and NSE websites. You can check the allotment status of the Powerful Technologies Limited IPO if you have applied for it.

Steps to Check Powerful Technologies Limited IPO Allotment Status on IPO Ji App/Website:

  1. Launch the IPO Ji app on your mobile device or visit ipoji.com
  2. Navigate to the IPO Allotment Page directly from the home screen of the App or by clicking here (www.ipoji.com/ipo-allotment-status) .
  3. Create your free account by Providing your PAN and Demat details. (one-time process)
  4. Choose Powerful Technologies Limited IPO from the list of available IPOs.
  5. Click on the Check Status button.
  6. Your allotment status will be displayed on the screen.

How to Check Powerful Technologies Limited IPO Allotment on BSE:

  1. Go to BSE's IPO allotment page (https://www.bseindia.com/investors/appli_check.aspx).
  2. Choose Equity under the "Issue Type" dropdown.
  3. Choose Powerful Technologies Limited IPO from the "Issue Name" dropdown.
  4. Provide your Application Number and PAN ID.
  5. Tick the 'I am not a robot' box.
  6. Click on the "Search" button to view your status.

How to Check Powerful Technologies Limited IPO Allotment on NSE:

  1. Go to NSE IPO Allotment (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp).
  2. Select Powerful Technologies Limited IPO from the dropdown menu.
  3. Enter your application number, PAN, and captcha
  4. Click on "search" to see your allotment status.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

FAQs

Ans. The Powerful Technologies Limited IPO allotment status will be available on Aug 24, 2018 , as per the timeline provided in the red-herring prospectus.

Ans. Below are the steps to check Powerful Technologies Limited IPO allotment status online:

  • Visit the Powerful Technologies Limited IPO allotment status page.
  • Click on the purple Powerful Technologies Limited IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Powerful Technologies Limited IPO allotment status.
  • Click Search.

The allotment result looks like as below:

  • PAN No.: ABCTY1234D
  • Application No.: 9876543210
  • Name: Rakesh J
  • Shares Applied: 40
  • Shares Allotted: 40

Ans. The expected listing price of Powerful Technologies Limited IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Powerful Technologies Limited IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Ans. Powerful Technologies Limited IPO allotment status is expected on Aug 24, 2018. Click the button Powerful Technologies Limited IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.