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Supreme Power Equipment IPO is a book build issue of ₹46.67 crores. The issue is entirely a fresh issue of 0.72 crore shares of ₹46.67 crore.
Supreme Power Equipment IPO bidding started from Dec 21, 2023 and ended on Dec 26, 2023. The allotment for Supreme Power Equipment IPO was finalized on Dec 27, 2023. The shares got listed on NSE SME on Dec 29, 2023.
Supreme Power Equipment IPO price band is set at ₹65.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an retail is ₹1,22,000 (2000 shares). The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹2,60,000.
Narnolia Financial Services Ltd. is the book running lead manager and Purva Sharegistry (India) Pvt.Ltd. is the registrar of the issue. The market maker of the company is Share India Securities Ltd..
Refer to Supreme Power Equipment IPO RHP for detailed Information.
| IPO Date | December 21, 2023 to December 26, 2023 |
| Listing Date | December 29, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹61 to ₹65 per share |
| Issue Price Final | ₹65 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 71,80,000 shares (aggregating up to ₹46.67 Cr) |
| Reserved for Market Maker | 9,32,000 shares Share India Securities Ltd. (aggregating up to ₹6.06 Cr) |
| Net Offered to Public | 62,48,000 shares (aggregating up to ₹40.61 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,78,11,135 shares |
| Share Holding Post Issue | 2,49,91,135 shares |
Supreme Power Equipment IPO offers total 71,80,000 shares. Out of which 31,20,000 (43.45%) allocated to QIB, 12,50,000 (17.41%) allocated to QIB, 9,40,000 (13.09%) allocated to NII, 21,88,000 (30.47%) allocated to RII and 18,70,000 (26.04%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 9,32,000 (12.98%) |
| QIB Shares Offered | 31,20,000 (43.45%) |
| − Anchor Investor Shares Offered | 18,70,000 (26.04%) |
| − QIB (Ex. Anchor) Shares Offered | 12,50,000 (17.41%) |
| NII (HNI) Shares Offered | 9,40,000 (13.09%) |
| Retail Shares Offered | 21,88,000 (30.47%) |
| Total Shares Offered | 71,80,000 (100.00%) |
Supreme Power Equipment IPO raises ₹12.16 crore from anchor investors. Supreme Power Equipment IPO Anchor bid date is December 20, 2023. Supreme Power Equipment IPO Anchor Investors list
| Bid Date | December 20, 2023 |
| Shares Offered | 18,70,000 |
| Anchor Portion Size (In Cr.) | 12.16 |
| Anchor lock-in period end date for 50% shares (30 Days) | January 26, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | March 26, 2024 |
Supreme Power Equipment IPO opens on December 21, 2023, and closes on December 26, 2023.
| IPO Open Date | Thu, Dec 21, 2023 |
| IPO Close Date | Tue, Dec 26, 2023 |
| Tentative Allotment | Wed, Dec 27, 2023 |
| Initiation of Refunds | Thu, Dec 28, 2023 |
| Credit of Shares to Demat | Thu, Dec 28, 2023 |
| Tentative Listing Date | Fri, Dec 29, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Dec 26, 2023 |
Investors can bid for a minimum of 2,000 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 | 2,000 | ₹1,30,000 |
| Retail (Max) | 1 | 2,000 | ₹1,30,000 |
| HNI (Min) | 2 | 4,000 | ₹2,60,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 includes
The 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.
| Period Ended | 31 Jul 2023 | 31 Mar 2023 |
| Assets | 9,187.16 | 6,901.04 |
| Total Income | 3,927.61 | 9,990.85 |
| Profit After Tax | 503.16 | 1,107.88 |
| Net Worth | 2,298.26 | 1,805.69 |
| Reserves and Surplus | 1,902.46 | 1,409.89 |
| Total Borrowing | 2,153.82 | 1,999.74 |
| Amount in ₹ Lakhs | ||
The market capitalization of Supreme Power Equipment IPO is ₹162.44 Cr.
| KPI | Values |
|---|---|
| ROE | 59.88% |
| ROCE | 83.01% |
| Debt/Equity | 0.45 |
| RoNW | 59.88% |
The objects of the Issue are:-
[Dilip Davda] The company is operating in a highly competitive segment with many players around. The sudden boost in its bottom lines from FY23 onward raise concern over the sustainability. Based on FY24 annualized super earnings, the issue appears reasonably priced. Well-informed investors may park funds for the medium to long term rewards. Read detail review...
| Listing Date | December 29, 2023 |
| BSE Script Code | |
| NSE Symbol | SUPREMEPWR |
| ISIN | INE0QHG01026 |
| Final Issue Price | ₹65 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹65.00 |
| Open | ₹98.00 |
| Low | ₹95.00 |
| High | ₹102.90 |
| Last Trade | ₹102.90 |
Supreme Power Equipment Ltd.
55, SIDCO Industrial Estates
Thirumazhisai Thirumushi,
Poonamallee,
Thiruvallur, Tamil Nadu, 600124
Phone: +91 44 26811221
Email: cs@supremepower.in
Website: https://www.supremepower.in/
Purva Sharegistry (India) Pvt.Ltd.
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: https://www.purvashare.com/investor-service/ipo-query
Supreme Power Equipment IPO is a SME IPO of 71,80,000 equity shares of the face value of ₹10 aggregating up to ₹46.67 Crores. The issue is priced at ₹65 per share. The minimum order quantity is 2000.
The IPO opens on December 21, 2023, and closes on December 26, 2023.
Purva Sharegistry (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Supreme Power Equipment IPO using UPI as a payment gateway. Zerodha customers can apply in Supreme Power Equipment IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Supreme Power Equipment IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Supreme Power Equipment IPO opens on December 21, 2023 and closes on December 26, 2023.
Supreme Power Equipment IPO lot size is 2000, and the minimum amount required for application is ₹1,30,000.
You can apply in Supreme Power Equipment 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 Supreme Power Equipment IPO will be done on Wednesday, December 27, 2023, and the allotted shares will be credited to your demat account by Thursday, December 28, 2023. Check the Supreme Power Equipment IPO allotment status.
The Supreme Power Equipment IPO listing date is on Friday, December 29, 2023.
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