IPO Issue Details
Issue Price / Price Band₹92 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size32,49,600 shares (aggregating up to ₹29.90 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 25 Jun 2025
Subscription CloseFri, 27 Jun 2025
Anchor AllotmentTue, 24 Jun 2025
Basis of AllotmentMon, 30 Jun 2025
Initiation of RefundsTue, 01 Jul 2025
Credit of Shares to DematTue, 01 Jul 2025
Listing DateWed, 02 Jul 2025
UPI Mandate Deadline2025-06-27
Application & Investment Details
Retail — Min (1 Lots)₹1,10,400 — 1200 shares
Retail — Max (13 Lots)₹1,435,200 (13 Lots)
HNI — Min (2 Lots)₹2,20,800 — 2400 shares
EPS (Pre-IPO)₹6.80
EPS (Post-IPO)₹5.01
P/E Ratio (Pre-IPO)13.53x
P/E Ratio (Post-IPO)18.36x
Net Offer to Public30,86,400 shares (aggregating up to ₹28.39 Cr)
Reserved for Market Maker1,63,200 shares (aggregating up to ₹1.50 Cr)
Pre-IPO Promoter Holding91,09,088 shares
Post-IPO Promoter Holding1,23,58,688 shares
About Supertech EV Ltd.
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- LoaderPASSENGER MAXZAPSTER PROAs 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.
Objects of the Issue
Supertech EV Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Working capital requirement.
16.50
2
2 Repayment of portion of certain borrowings availed by the Company.
3.00
3
3 General corporate purposes.
6.84
Shareholding & Lock-in
Pre-IPO Promoter Holding
91,09,088 shares
Post-IPO Promoter Holding
1,23,58,688 shares