Supertech EV IPO
Open SmeCurrent GMP
₹5 (+5.43%)
Price Band
₹ 87 – 92
Lot Size
1200
Issue Size
₹29.9 Cr
Minimum Investment
₹220800 (2400 Shares)
Listing Date
02 July 2025
Subscription
4.46x
About the Company
Incorporated on August 12, 2022, and converted to a public company on December 21, 2022, Supertech EV Limited is an emerging manufacturer in India’s electric vehicle (EV) sector. Headquartered in Haryana, the company is actively engaged in the production of E-Rickshaws and the assembly of electric two-wheelers, catering to both high-speed and low-speed segments.
In April 2023, the company expanded its capabilities by acquiring the proprietorship business of Jatinder Kumar Sharma, including the operational entity Supertech Inc, originally established in 2005 and known for its specialization in E-Rickshaw manufacturing.
Product Portfolio
Supertech EV offers a total of 12 electric vehicle models, including:
- 8 variants of electric two-wheelers
- 4 variants of E-Rickshaws
Its upcoming lineup, currently awaiting ICAT approval, includes:
- Cargo Max (L5 E-Loader) – 3KW motor with a 1-ton load capacity
- Passenger Max – Designed for passenger transportation
- Zapster Pro – Electric two-wheeler with a 110 km range and 65 km/h top speed
Distribution & Market Reach
The company has established a robust distribution network comprising 445 distributors across 19 Indian states, including:
- Delhi, Haryana, Punjab, Himachal Pradesh, Uttarakhand, Rajasthan, Uttar Pradesh, Gujarat, Madhya Pradesh, Jharkhand, Bihar, Maharashtra, Chhattisgarh, Odisha, Telangana, Karnataka, Andhra Pradesh, and Assam.
As of June 30, 2024, Supertech EV Limited employs a total of 115 people, including 23 skilled and semi-skilled workers, supporting its manufacturing, distribution, and service operations.
Promoters
- Mr. Yetender Sharma
- Mr. Jitender Kumar Sharma
- Ms. Geetanjali Sharma
Promoters Holding
Holding Pre Issue
94.04%
Holding Post Issue
69.31%
Objects of the Issue
The Company Supertech EV IPO proposes to utilise the Net Proceeds from the Issue towards the following objects
- Working capital requirement.
- Repayment of portion of certain borrowings availed by the Company.
- General corporate purposes.
- Issue Expenses.
Address / Contact Info
Supertech EV Limited
Plot No. 150, Sector- 16,
PhaseI,Bahadur Garh,
Jhajjar, Haryana, 124507
Phone: +91-1276-462166
Email: compliances@supertechev.in
Website: http://www.supertechev.in/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 25 June 2025
IPO Close Date
Friday, 27 June 2025
Basis of Allotment
Monday, 30 June 2025
Initiation of Refunds
Tuesday, 01 July 2025
Credit of Shares to Demat
Tuesday, 01 July 2025
Listing Date
Wednesday, 02 July 2025 — NSE & BSE
Important Dates
Open Date
25 June 2025
Close Date
27 June 2025
Basis Of Allotment
30 June 2025
Listing Date
02 July 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 44.19 | 24.8 | 4.81 |
| Revenue | 75.19 | 65.14 | 2.38 |
| Profit After Tax | 6.19 | 5.02 | 0.06 |
| Net Worth | 16.9 | 9.7 | 1.07 |
| Reserve & Surplus | 7.79 | 5.19 | 0.07 |
| Total Borrowings | 12.27 | 5.52 | 0 |
EPS Pre
5.33%
EPS Post
3.93%
P/E Pre
17.28
P/E (Post Issue)
23.44x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon, Mar 31, 2025. |
|---|---|
| ROE % | 36.66 |
| ROCE % | 30.86 |
| Debt / Equity | 0.73 |
| RoNW % | 36.66 |
| PbW | 0 |
| Pat Margin % | 12.62 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Market Maker | 163200 | 4.78 | 0 |
| Qualified Institutions | 154000 | 4.51 | 0 |
| Non-Institutional | 1465200 | 42.94 | 0 |
| Retail Investors | 1466400 | 42.98 | 0 |
| Total | 3412000 | 100 | 0 |
Subscription Status ( Fri, 27 Jun 25 01:48 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 154000 | 154800 | 1.01x |
| Non-Institutional | 1465200 | 3231600 | 2.21x |
| Retail Investors | 1466400 | 10370400 | 7.07x |
| Total | 3085600 | 13756800 | 4.46x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 110,400.00 |
| Retail (Max) | 1 | 1,200 | 110,400.00 |
| S-HNI (Min) | 2 | 2,400 | 220,800.00 |
Registrar
Skyline Financial Services Private Ltd
02228511022
info@skylinerta.com
https://www.skylinerta.com
Book Running Lead Managers
- Corporate Makers Capital Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Supertech EV IPO is a Book-building IPO worth ₹29.9 crores. The price band is ₹87 to 92 per share. The IPO opens on Wed, Jun 25, 2025 and closes on Fri, Jun 27, 2025. It will be listed on BSE and NSE. Skyline Financial Services Private Ltd is the registrar.
The Supertech EV IPO opens on Wed, Jun 25, 2025 and closes on Fri, Jun 27, 2025
Supertech EV IPO Price Band is ₹87 to 92.
Supertech EV IPO lot size is 1200, and the minimum amount required for application is ₹220800.
The minimum investment for Supertech EV IPO is approximately ₹220800 based on the upper price band.
To apply for the Supertech EV IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Jun 27, 2025. After submission, funds are blocked until the basis of allotment of Supertech EV IPO is finalised.
Supertech EV IPO issue size is ₹29.9 crores.
Supertech EV IPO allotment date is Sat, Jun 27, 2026.
The registrar for Supertech EV IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website for IPO allotment status, refund processing, and other queries related to Supertech EV IPO through their official website or helpline.
The Supertech EV IPO GMP (Grey Market Premium) is ₹5 as of Thu, Jun 26, 2025. Based on the upper price band of ₹92 per share, the estimated Supertech EV IPO listing price is ₹97, indicating a potential listing gain of approximately 31% over the issue price.