Supertech EV IPO Details
Supertech EV IPO Summary
Supertech EV IPO opens for subscription on 25 Jun 2025 and closes on 27 Jun 2025.The IPO will be listed on BSE with the tentative listing date set for 02 Jul 2025.
Supertech EV IPO price band has been fixed at ₹87 – ₹92 per share. The face value is ₹10 per share with a lot size of 1200.
Supertech EV IPO total issue size comprises 32,49,600 shares (aggregating up to ₹29.90 Cr). This includes a fresh issue of 32,49,600 shares (aggregating up to ₹29.90 Cr). Pre-issue shareholding stands at 91,09,088, which will increase to 1,23,58,688 post-issue.
Supertech EV IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
Supertech EV IPO Lot Size :Retail Minimum is 1 lot (1,200 shares) amounting to ₹110,400. Retail Maximum is 1 lot (1,200 shares) amounting to ₹110,400. SHNI Minimum is 2 lots (2,400 shares) amounting to ₹220,800.
The Lead Managers for Supertech EV IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Corporate Makers Capital Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Asnani Stock Broker Pvt Ltd. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Supertech EV Limited RHP.
Supertech EV IPO Details
Supertech EV IPO Subscription
Supertech EV IPO Application Wise Breakup
Supertech EV IPO Dates
- 25 Jun 2025Opening dateOpen
- 27 Jun 2025Closing dateClose
- 30 Jun 2025Allotment Date Allotment
- 01 Jul 2025Initiation of RefundsRefund
- 01 Jul 2025Credit of SharesCredit
- 02 Jul 2025Listing dateListing
Supertech EV IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹110,400 |
| Retail Maximum | 1 | 1200 | ₹110,400 |
| SHNI Minimum | 2 | 2400 | ₹220,800 |
| SHNI Maximum | 0 | 0 | ₹ |
| BHNI Minimum | 0 | 0 | ₹ |
Supertech EV IPO Reservation
Promoter Holding
Documents
Supertech EV IPO Valuations
Supertech EV Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 24.80 | 4.81 |
| Revenue | 65.14 | 2.38 |
| Profit After Tax | 4.85 | 0.06 |
| EBITDA | 7.47 | 0.10 |
| Net Worth | 9.52 | 1.06 |
| Reserves and Surplus | 5.02 | 0.06 |
| Total Borrowing | 5.52 | |
| Amount in ₹ Crore | ||
About Supertech EV IPO
Incorporated in 2022, Supertech EV Limited is engaged in the manufacturing of electric vehicles (EVs) in India. The company’s product portfolio includes 12 models, comprising 8 variants of electric two-wheelers and 4 variants of E-Rickshaws.
Supertech EV Limited has built a distribution network of 445 distributors and has a presence across 19 states in India, including Delhi, Haryana, Punjab, Himachal Pradesh, Uttarakhand, Rajasthan, Uttar Pradesh, Gujarat, Madhya Pradesh, Jharkhand, Bihar, Maharashtra, Chhattisgarh, Odisha, Telangana, Karnataka, Andhra Pradesh, and Assam.
Products:
- CARGO MAX – L5 E- Loader
- PASSENGER MAX
- ZAPSTER PRO
As of June 30, 2024, the company employs 115 people.
The company’s top distributors include Gk Autovehicles Private Limited, Aziz Automobiles, Najon Digitel, Hindustan Energysavers, Kisan Auto Mobiles, Bhupender Hari Enterprises, Supertech Auto Agency (Nangloi), Krisha Electric Vehicle, E Ashwa Automotive Pvt Ltd, EVS Tritech India, EV World Motors, Green Wheels Auto, and Electra E-Mobility.
The company’s top creditors include Akash Indchi Imports & Export Co., Fengxian Enland Internation Trading Co. Ltd, Supertech Auto Agency, Yuki Electric India Private Limited, Om Steels, A. S. T. Pipes Pvt. Ltd, Eastman Auto & Power Ltd, Emercion Industries LLP, B.H. Enterprises, EVS Tritech India, Laxmi Components, Powerlink Battery Systems, and New Era Trading Co.
Strength Of Supertech EV IPO
1. Diversified range of services offered.
2. Strong Client base.
3. Experience of our Promoter and core management team.
4. Quality Assurance.
5. Cost competitiveness and time bound delivery.
Risk Of Supertech EV IPO
1. Our success depends on our ability to successfully develop, introduce, manufacture, market and deliver new electric vehicle models of high quality on schedule and on a large scale, which may expose us to new and increased challenges and risks.
2. Our business is operating under various laws which require us to obtain approvals from the concerned statutory/regulatory authorities in the ordinary course of business and our inability to obtain, maintain or renew requisite statutory and regulatory permits and approvals for our business operations could materially and adversely affect our business, prospects, results of operations and financial condition.
3. We depend on third parties for the supply of raw materials and do not have firm commitments for supply or exclusive arrangements with any of our suppliers. Loss of suppliers may have an adverse effect on our business, results of operations and financial condition.
4. Pricing pressure from our distributor may adversely affect our gross margin and profitability. Inability to increase our prices, which may have a material adverse effect on our results of operations and financial condition.
5. We could experience defects, quality issues or disruptions in the supply or increase in prices of components used in our electric vehicles thus increasing material costs and the price of our electric vehicles and impacting our projected manufacturing, delivery timelines and profitability.
6. Our Company is dependent on few numbers of suppliers for purchase of raw material. Loss of any of this large Suppliers may affect our business operations.
7. We have entered into related party transactions in the past and may continue to do so in the future.
8. We have certain outstanding litigation against us, an adverse outcome of which may adversely affect our business, reputation and results of operations.
9. Our Company's logo is not registered with the Registrar of Trademark; any infringement of our brand name or failure to get it registered may adversely affect our business.
10. Inventories and trade receivables form a major part of our current assets. Failure to manage our inventory and trade receivables could have an adverse effect on our net sales, profitability, cash flow and liquidity.
Objectives Supertech EV IPO
1. Working capital requirement.
2. Repayment of portion of certain borrowings availed by the Company.
3. General corporate purposes.
4. Issue Expenses.
Company Contact Details
Supertech EV Limited
Plot No. 150, Sector- 16,
PhaseI,
Bahadur Garh,
Jhajjar, Haryana, 124507
Phone: +91-1276-462166
Email: compliances@supertechev.in
Website: http://www.supertechev.in/
Registrar Contact Details
Supertech EV FAQs
The Supertech EV IPO is a SME public issue comprising 3249600 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹29.90 Cr. The issue price has been fixed at ₹92 per equity share, and the minimum application size is 1200 shares.
The IPO opens for subscription on 25 Jun 2025, and closes on 27 Jun 2025.
Skyline Financial Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹0 (0%).
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