Day: August 7, 2018

 

Powerful Technologies Limited IPO

Issue Analysis :

Issue opens	Aug 9, 2018
Issue Closes	Aug 14, 2018
Issue Price	Rs 51
Lot Size	2000
Issue Size	13.55 Cr
Lead Manager	FINSHORE MANAGEMENT SERVICES LIMITED
Registrar	BIGSHARE SERVICES PVT. LTD
Platform	NSE

Company’s Snapshot :

Incorporated in 2015, Delhi based Powerful Technologies Limited is a company engaged in the business of manufacturing/assembling LED TVs, LED monitors and Power Banks.

Powerful Technologies, initially sold its products under the brand names of “Powereye” and “Lappy Master”. The company also used to make power banks for other brands.

In the year 2016-17, it got approval from Kodak and Polaroid to manufacturer mobile power banks and LED TVs respectively. The company is an authorized licensee for Kodak Power banks and Polaroid LED TVs and LED

Monitors in India.

As part of its focus to sell its products online, the company has recently tied-up with Appraio Retail Pvt. Ltd, a JV of Amazon Asia and Patni group as also with Flipkart India Pvt. Ltd.

The company’s manufacturing unit is located at Noida. The company has recently delivered the first shipment of mobile adapters to its distributors under “Powereye” brand.

The company has 73 employees including contractual employees on its payroll.

Competitive strengths of the company-

1. License rights with reputed global brands like Polaroid for India, Nepal, and Bangladesh and with Kodak for India.
2. Ownership of brand names “Powereye” and “Lappy Master”
3. Wide distribution network

 

Object of the Issue:

The objects of the Issue are:

1. To meet the working capital requirements of the Company;
2. Issue Expenses.

 

Financial Highlights :

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15
Total Assets	3,101.84	2,481.81	999.07	1.06
Total Revenue	6,262.12	3,561.26	2,497.25	—
Profit After Tax	450.25	40.65	18.48	(0.11)

 

Company Promoters:

The Promoters of the Company are Aditya Gupta, Nitin Chhabra, and Karuna Chhabra.

 

Contact Company Information:

Powerful Technologies Limited

 

G1 Prakash Chamber Ground Floor 6

Netaji Subash Marg, Darya Ganj

New Delhi- 110002

Phone: +91 11 40071894

Email: Nitin@pcpl.in

Website: http://www.powerfultech.in/

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Sungold Media and Entertainment Limited IPO

Issue Analysis :

Issue opens	Aug 9, 2018
Issue Closes	Aug 14, 2018
Issue Price	Rs 10
Lot Size	10,000
Issue Size	1.35 Cr
Lead Manager	FINSHORE MANAGEMENT SERVICES LIMITED
Registrar	SATELLITE CORPORATE SERVICES PRIVATE LIMITED
Platform	BSE

Company’s Snapshot :

Incorporated in 1995, Gujarat based Sungold Media and Entertainment Limited is a company engaged in the business of branding. The company offers services like Digital Marketing, Mobile App Development, Graphics Design, Website Design, Photography, Videography, Video Editing, Celebrity Management and distribution services.

Sungold designs and develops solutions to maximize brand image of its clients.

Some of the Ongoing projects of the company are:

1. News portal- www.liveupdates.co.in
2. Entertainment portal- www.entertainment365.in
3. Portal on the state of Gujarat-www.gujaratdevelopment.com

 

The company has presently 10 permanent employees on its payroll.

 

Object of the Issue:

The objects of the Offer are to-

1. Achieve the benefits of listing the Equity Shares on the SME Platform of BSE.
2. Enhance the company’s visibility, brand name and provide liquidity to the existing shareholders.
3. Provide a public market for the Equity Shares in India.

The Company will not receive any proceeds from the Offer. and all the proceeds from the Offer will go to the Promoter Selling Shareholder Mr. Rajiv Rameshchandra Kotia.

 

Financial Highlights :

Summary of financial Information (Restated)
Particulars	For the year/period ended (in Rs. Lakhs)
	28-Feb-18	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	568.86	486.85	483.21	473.88	200.10	231.93
Total Revenue	44.74	59.85	56.34	34.96	14.93	10.80
Profit After Tax	2.67	5.32	8.81	6.31	0.91	0.26

 

Company Promoters:

The promoters of the company are Rajiv Rameshchandra Kotia and Raj Rajiv Kotia. Rajiv Rameshchandra Kotia holds 16,53,550 Equity Shares (being 33.07% of the Issued, Subscribed and Paid-up Equity Share capital) and Raj Rajiv Kotia hold 16,11,132 Equity Shares (being 32.22% of the Issued, Subscribed and Paid-up Equity Share capital) of the company.

 

Contact Company Information:

Sungold Media and Entertainment Limited

13, Radhakrushna Mandir Compound

Rajpipla, Nandod,

Narmada- 393145, Gujarat

Phone: +91 9099018633

Email: info@sungoldmediaent.com

Website: http://sungoldmediaent.com/

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Deep Polymers Limited IPO

Issue Analysis :

Issue opens	Aug 8, 2018
Issue Closes	Aug 13, 2018
Issue Price	Rs 40
Lot Size	3000
Issue Size	15.24 Cr
Lead Manager	GRETEX CORPORATE SERVICES PVT LTD
Registrar	BIGSHARE SERVICES PVT. LTD
Platform	BSE

Company’s Snapshot :

Incorporated in 2005, Gujarat based Deep Polymers Limited is a company engaged in the business of manufacturing color and additive masterbatches including antifab fillers, transparent fillers and color fillers etc. The products are used in engineering plastics and compounds and are cost-effective replacements for polymers.

The company started its facility at Ahmedabad to manufacture plastic masterbatches with 600 MT productions per annum in the year 1992. Today, it has achieved production of color masterbatches and filler masterbatches of 12,000 MT and 25,000 MT respectively.

Deep Polymer’s total revenues, as restated for the year ended March 31, 2018, is Rs. 4,110.09 Lakh. The

The company’s restated net profit after tax for the year ending March 31, 2018, is Rs. 214.73 Lakh.

 

Object of the Issue:

 

The Offer includes a fresh Issue of 13,60,000 Equity Shares and an offer for sale of 24,50,000 Equity Shares. The Company proposes to utilize the funds raised through the fresh issue to meet-

1. Working capital requirement;
2. Issue Expenses; and
3. General corporate purpose

 

Financial Highlights :

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (in Rs. Lakhs)
	31-Mar-18	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14
Total Assets	2,904.30	3,009.04	2,539.78	2,637.90	2,321.31
Total Revenue	4,110.09	4,274.43	3,600.85	4,113.89	3,473.07
Profit After Tax	214.73	128.02	(35.41)	67.05	(36.06)

 

Company Promoters:

The promoter of the company is Rameshbhai Bhimjibhai Patel. He holds 33,00,000 Equity Shares constituting 31.39% of the Pre Offer Capital.

 

Contact Company Information:

Deep Polymers Limited

Block No. 727B/H, Bhavi Industries

Rakanpur (Santej), Tal Kalol,

D Gandhinagar- 380 060

Phone: +91-2764-286032

Email: info@deeppolymer.in

Website: http://www.deeppolymer.in/

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