The Company was incorporated as Powerful Technologies Private Limited under the provisions of the Companies Act, 2013 vide certificate of incorporation dated February 26, 2015, issued by Registrar of Companies, NCT of Delhi & Haryana. Subsequently, the name of the Company was changed to Powerful Technologies Limited pursuant to conversion into a public company vide shareholder’s approval dated February 12, 2018 and vide fresh certificate of incorporation dated February 28, 2018, issued by Registrar of Companies, NCT of Delhi & Haryana.

Business area of the Company:

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.

Key Events and Milestones:

• 2014-15: Incorporated as Powerful Technologies Private Limited.
  
• 2015-16: Started commercial production
  
• 2015-16 :Business level scaled up, achieved turnover of approximately Rs. 25 cr.    
  
• 2016-17: Signed distribution agreement for KODAK power banks with Strand Europe Ltd.
  
• 2016-17: Signed licensee agreement to use the “Polaroid and Polaroid & Pixel Design” trademarks with the products i.e. Consumer Televisions and Computer Monitors in the territories of India, Nepal & Bangladesh.
  
• 2016-17: Got ISO 9001 Certification.
  
• 2016-17: Got SA 8001 Certification.
  
• 2016-17: Received special jury awards for contributing to Make in India, a government programme in Banking Excellence Awards year 2016-17.   
  
• 2017-18: Signed an agreement with Flipkart India Ltd to have a bulk buying business with them.
  
• 2017-18: Signed an agreement with Appario Retail Ltd., a JV of Amazon Asia and Patni group to have a focused and bulk buying business on Amazon.in.
  
• 2017-18: Conversion into Public Limited Company vide fresh certificate of Incorporation dated February 28, 2018.