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Powerful Technologies Ltd.

BSE: 535102 Sector: Consumer
BSE 05:30 | 01 Jan Powerful Technologies Ltd
NSE 05:30 | 01 Jan Powerful Technologies Ltd

Powerful Technologies Ltd. (POWERFUL) - Company History

Powerful Technologies Limited was incorporated as a private limited company with the name 'Powerful Technologies Private Limited' on February 26 2015. Subsequently the name of the Company was changed to 'Powerful Technologies Limited' pursuant to conversion into a public company on February 28 2018.The Company was incorporated in February 2015 by Mrs. Karuna Chhabra and Mr. Aditya Gupta as initial subscribers and promoters. Mr. Nitin Chhabra husband of Mrs. Karuna Chhabra who has been advising the company since incorporation officially joined as co-promoter from February 07 2018. The Company was promoted as an independent manufacturing unit after the initial success of promoter's business enterprise M/s Pioneer Computronix Private Limited in 2011 predominantly a trading company dealing IT products and computer peripherals like key boards mouse power supply mother boards batteries etc. The Company manufactures/assembles LED TVs LED monitors and Power Banks under 'Made in India' concept with an aim to turn the country into a global manufacturing hub with world class technology nominal cost & excellence service. With this venture the promoters moved from virtual manufacturing in their earlier company to actual manufacturing.