IPO Issue Details
Issue Price / Price Band₹65 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size71,80,000 shares (aggregating up to ₹46.67 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 21 Dec 2023
Subscription CloseTue, 26 Dec 2023
Anchor AllotmentWed, 20 Dec 2023
Basis of AllotmentWed, 27 Dec 2023
Initiation of RefundsThu, 28 Dec 2023
Credit of Shares to DematThu, 28 Dec 2023
Listing DateFri, 29 Dec 2023
UPI Mandate Deadline2023-12-26
Application & Investment Details
Retail — Min (1 Lots)₹1,30,000 — 2,000 shares
Retail — Max (13 Lots)₹1,690,000 (13 Lots)
HNI — Min (2 Lots)₹2,60,000 — 4,000 shares
EPS (Pre-IPO)₹6.08
P/E Ratio (Pre-IPO)10.69x
P/E Ratio (Post-IPO)11x
Net Offer to Public62,48,000 shares (aggregating up to ₹40.61 Cr)
Reserved for Market Maker9,32,000 shares (aggregating up to ₹6.06 Cr)
Pre-IPO Promoter Holding1,78,11,135 shares
Post-IPO Promoter Holding2,49,91,135 shares
About Supreme Power Equipment Ltd
Incorporated in 1994, Supreme Power Equipment Limited is engaged in manufacturing, upgrading and renovating various types of transformers such as power transformers, generator transformers, windmill transformers, distribution transformers, isolation transformers, solar transformers, energy efficient transformers, converters and rectifier transformers. The company's product portfolio includesPower transformersDistribution transformersWindmill transformersInsulation transformersSolar transformersEnergy-efficient transformersConverter and rectifier transformersInsulators Generator transformersThe company has supplied transformers for various sectors, including the local public power utility and the windmill segment. The company has also supplied transformers to Gamesa Spain, a multinational company, for its solar energy projects in India. These transformers have a voltage range of 16KVA to 25MVA/110KV and a power range of 1250KVA/22KV to 6000 KVA/33KV.SEPL is ISO 9001:2015 certified for the design, manufacture, service and supply of transformers. The company's manufacturing facility is spread over an area of 17,876 square metres in Thirumazhisai, Thiruvallur Chennai. The production facilities are equipped with modern machinery and technology, resulting in lower manufacturing costs for transformers.
Objects of the Issue
Supreme Power Equipment Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
To meet out the Capital Expenditure
2
To meet out the Working Capital requirements of the Company.
3
To meet out the General Corporate Purposes; and
4
To meet out the Issue Expenses.
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,78,11,135 shares
Post-IPO Promoter Holding
2,49,91,135 shares