actually, i dont think it will...I had the same PSU as yours but a 500 W version....and apparently my 500W frontech was barely able to churn out 150w on 12V line (despite the specified 19A current on 12V line! I was using it on my system with onboard graphics and it worked fine but then I added a dedicated GPU and the PSU gave up in 3 days)
If you really wanna be on the safe side, I'd say get a corsair or seasonic from ebay or somewhere. they'll cost you around Rs. 3000-4000. Costly for a PSU but when you put in a dedicated GPU, you can not rely on the cheap Rs. 400 ones at all!