The Supreme Power Equipment IPO date has been confirmed from December 21, 2023 and closes on December 26, 2023.
Using an IPO, Supreme Power Equipment is seeking to raise Rs 46.67 croress. Its price band is set at ₹61 to ₹65 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹130,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹260,000.
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Bidding Dates
December 21-26
Price Range
₹61 to ₹65 per share
Face Value
INR 10 per share
GMP
₹50
Supreme Power Equipment IPO GMP
The Supreme Power Equipment Limited IPO GMP is ₹50.
IPO Overview
The Supreme Power Equipment IPO is a book-built offering for Rs 46.67 crores. The 71.8 lakh share offering is entirely new. Supreme Power Equipment’s initial public offering (IPO) begins on December 21, 2023 and concludes on December 26, 2023. The Supreme Power Equipment IPO allotment is expected to be completed on Wednesday, December 27, 2023. Supreme Power Equipment’s first public offering (IPO) will be listed on the NSE SME on Friday, December 29, 2023.
SEPL is ISO 9001:2015 certified for transformer design, production, service, and supply. The company’s manufacturing plant is located in Thirumazhisai, Thiruvallur Chennai and covers an area of 17,876 square metres. The manufacturing facilities are outfitted with cutting-edge machinery and technology, resulting in decreased transformer manufacturing costs.
Supreme Power Equipment IPO Details
| IPO Date | December 21, 2023 to December 26, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹61 to ₹65 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 7,180,000 shares (aggregating up to ₹46.67 Cr) |
| Fresh Issue | 7,180,000 shares (aggregating up to ₹46.67 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 17,811,135 |
| Share holding post issue | 24,991,135 |
| Market Maker portion | 932,000 shares |
Supreme Power Equipment Limited Financial Information
| Period Ended | 31 Jul 2023 | 31 Mar 2023 |
| Assets | 9,187.16 | 6,901.04 |
| Revenue | 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 |
Supreme Power Equipment IPO Timeline
| IPO Open Date | Thursday, December 21, 2023 |
| IPO Close Date | Tuesday, December 26, 2023 |
| Basis of Allotment | Wednesday, December 27, 2023 |
| Initiation of Refunds | Thursday, December 28, 2023 |
| Credit of Shares to Demat | Thursday, December 28, 2023 |
| Listing Date | Friday, December 29, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 26, 2023 |
Company Profile
SEPL is ISO 9001:2015 certified for transformer design, production, service, and supply. The company’s manufacturing plant is located in Thirumazhisai, Thiruvallur Chennai and covers an area of 17,876 square metres. The manufacturing facilities are outfitted with cutting-edge machinery and technology, resulting in decreased transformer manufacturing costs. The company has provided transformers to a variety of industries, including the local public power utility and the windmill sector. In addition, the company sold transformers to Gamesa Spain, a multinational
- Power transformers
- Distribution transformers
- Windmill transformers
- Insulation transformers
- Solar transformers
- Energy-efficient transformers
- Converter and rectifier transformers
- Insulators Generator transformers
corporation, for its solar energy projects in India. The voltage range of these transformers is 16KVA to 25MVA/110KV, and the power range is 1250KVA/22KV to 6000 KVA/33KV.
Registrar Info
| Name | Purva Sharegistry India Pvt Ltd |
| Phone number | +91-022-23018261/ 23016761 |
| Email ID | support@purvashare.com |
| Website | purvashare.com |
Contact Details
| Name | Supreme Power Equipment Limited |
| Phone number | +91 44 26811221 |
| Email ID | cs@supremepower.in |
| Website | supremepower.in |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
