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Supertech EV IPO is a book build issue of ₹29.90 crores. The issue is entirely a fresh issue of 0.32 crore shares of ₹29.90 crore.
Supertech EV IPO bidding started from Jun 25, 2025 and ended on Jun 27, 2025. The allotment for Supertech EV IPO was finalized on Jun 30, 2025. The shares got listed on BSE SME on Jul 2, 2025.
Supertech EV IPO price band is set at ₹92.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an retail is ₹1,04,400 (1200 shares). The minimum lot size investment for HNI is 2 lots (2,400 shares), amounting to ₹2,20,800.
Corporate Makers Capital Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Asnani Stock Broker Pvt.Ltd..
Refer to Supertech EV IPO RHP for detailed Information.
| IPO Date | June 25, 2025 to June 27, 2025 |
| Listing Date | July 2, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹87 to ₹92 per share |
| Issue Price Final | ₹92 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 32,49,600 shares (aggregating up to ₹29.90 Cr) |
| Reserved for Market Maker | 1,63,200 shares Asnani Stock Broker Pvt.Ltd. (aggregating up to ₹1.50 Cr) |
| Net Offered to Public | 30,86,400 shares (aggregating up to ₹28.39 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 91,09,088 shares |
| Share Holding Post Issue | 1,23,58,688 shares |
Supertech EV IPO offers total 32,49,600 shares. Out of which 1,54,800 (4.76%) allocated to QIB, 14,65,200 (45.09%) allocated to NII, 14,66,400 (45.13%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,63,200 (5.02%) |
| QIB Shares Offered | 1,54,800 (4.76%) |
| NII (HNI) Shares Offered | 14,65,200 (45.09%) |
| Retail Shares Offered | 14,66,400 (45.13%) |
| Total Shares Offered | 32,49,600 (100.00%) |
Supertech EV IPO opens on June 25, 2025, and closes on June 27, 2025.
| IPO Open Date | Wed, Jun 25, 2025 |
| IPO Close Date | Fri, Jun 27, 2025 |
| Tentative Allotment | Mon, Jun 30, 2025 |
| Initiation of Refunds | Tue, Jul 1, 2025 |
| Credit of Shares to Demat | Tue, Jul 1, 2025 |
| Tentative Listing Date | Wed, Jul 2, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Jun 27, 2025 |
Investors can bid for a minimum of 1,200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,10,400 |
| Retail (Max) | 1 | 1,200 | ₹1,10,400 |
| HNI (Min) | 2 | 2,400 | ₹2,20,800 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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:
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.
Supertech EV Limited's revenue increased by 15% and profit after tax (PAT) rose by 23% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 44.19 | 24.80 | 4.81 |
| Total Income | 75.19 | 65.14 | 2.38 |
| Profit After Tax | 6.19 | 5.02 | 0.06 |
| EBITDA | 9.48 | 7.39 | 0.09 |
| Net Worth | 16.90 | 9.70 | 1.07 |
| Reserves and Surplus | 7.79 | 5.19 | 0.07 |
| Total Borrowing | 12.27 | 5.52 | |
| Amount in ₹ Crore | |||
The market capitalization of Supertech EV IPO is ₹113.70 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 36.66% |
| ROCE | 30.86% |
| Debt/Equity | 0.73 |
| RoNW | 36.66% |
| PAT Margin | 8.25% |
| EBITDA Margin | 12.62% |
| Price to Book Value | 4.36 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 6.80 | 5.01 |
| P/E (x) | 13.53 | 18.36 |
The Company Supertech EV IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Working capital requirement. | 16.50 |
| 2 | Repayment of portion of certain borrowings availed by the Company. | 3.00 |
| 3 | General corporate purposes. | 6.84 |
[Dilip Davda] SEL is engaged in manufacturing/assembling of two-three-wheeler EVs. It has a network of 445 distributors in 19 states. It has introduced 12 models for EV 2-wheelers and E-Rickshaw. The company posted boosted top and bottom lines for FY24 and FY25. Sustainability of such earnings going forward remains a major concern as it is operating in a highly competitive and fragmented segment. There is no harm in skipping this pricey offer. Read detail review...
| Listing Date | July 2, 2025 |
| BSE Script Code | 544428 |
| NSE Symbol | |
| ISIN | INE0SC101013 |
| Final Issue Price | ₹92 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹92.00 |
| Open | ₹73.60 |
| Low | ₹69.92 |
| High | ₹73.60 |
| Last Trade | ₹69.92 |
Supertech EV Ltd.
Plot No. 150, Sector- 16,
PhaseI,
Bahadur Garh,
Jhajjar, Haryana, 124507
Phone: +91-1276-462166
Email: compliances@supertechev.in
Website: http://www.supertechev.in/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Supertech EV IPO is a SME IPO of 32,49,600 equity shares of the face value of ₹10 aggregating up to ₹29.90 Crores. The issue is priced at ₹92 per share. The minimum order quantity is 1200.
The IPO opens on June 25, 2025, and closes on June 27, 2025.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Supertech EV IPO using UPI as a payment gateway. Zerodha customers can apply in Supertech EV IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Supertech EV IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Supertech EV IPO opens on June 25, 2025 and closes on June 27, 2025.
Supertech EV IPO lot size is 1200, and the minimum amount required for application is ₹1,10,400.
You can apply in Supertech EV IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Supertech EV IPO will be done on Monday, June 30, 2025, and the allotted shares will be credited to your demat account by Tuesday, July 1, 2025. Check the Supertech EV IPO allotment status.
The Supertech EV IPO listing date is on Wednesday, July 2, 2025.
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