Supertech EV IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Wed, 25 Jun 2025
Close Date
Fri, 27 Jun 2025
Price Band
₹ 87 – 92
Lot Size
1200
Issue Size
₹ 29.90 Cr
Minimum Investment
₹ 220,800 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Supertech EV IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹29.90 Crore, comprising a fresh issue of 32.50 Lakh equity shares aggregating to ₹29.90 Crore.
The Supertech EV IPO remained open for subscription from June 25, 2025, to June 27, 2025. The basis of allotment was finalized on June 30, 2025, and the company's shares were listed on BSE SME Platform on July 02, 2025.
The company had fixed the price band at ₹87 to ₹92 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹220,800 (based on the upper price band) to apply for one lot.
Skyline Financial Services Private Ltd served as the registrar to the issue. Corporate Makers Capital Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Supertech EV Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Supertech EV IPO Timeline (Tentative)
- IPO Open Date
- Wed, 25 Jun 25
- IPO Close Date
- Fri, 27 Jun 25
- Basis of Allotment
- Mon, 30 Jun 25
- Initiation of Refunds
- Tue, 01 Jul 25
- Credit of Shares to Demat
- Tue, 01 Jul 25
- Listing Date
- Wed, 02 Jul 25 — NSE & BSE
Open Date
25 June 2025
Close Date
27 June 2025
Basis Of Allotment
30 June 2025
Listing Date
02 July 2025
IPO Subscription
Check Live Subscription →The Supertech EV IPO has received bids for 1,37,56,800 shares against 30,85,600 shares offered, resulting in an overall subscription of 4.46x. the NII category is subscribed 2.21x, Retail Investors 7.07x, and QIBs 1.01x.
QIB
1.01x
NII
2.21x
RII
7.07x
Total
4.46x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 14,66,400 shares, representing 42.98% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 1,54,000 shares (4.51%), while Non-Institutional Investors (NIIs) receive 14,65,200 shares (42.94%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Market Maker | 163,200 | 4.78% |
| Qualified Institutions | 154,000 | 4.51% |
| Non-Institutional | 1,465,200 | 42.94% |
| Retail Investors | 1,466,400 | 42.98% |
| Total | 3,412,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Supertech EV Limited KPI Information
| Particular | KPI as of Mon, Mar 31, 2025. |
|---|---|
| ROE % | 36.66 |
| ROCE % | 30.86 |
| Debt / Equity | 0.73 |
| RoNW % | 36.66 |
| Pat Margin % | 12.62 |
Peers Comparison
No Peer Comparision Available
About Supertech EV Limited
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.
Supertech EV IPO Promoters
- Mr. Yetender Sharma
- Mr. Jitender Kumar Sharma
- Ms. Geetanjali Sharma
Promoters Holding
Holding Pre Issue
94.04%
Holding Post Issue
69.31%
Supertech EV IPO Objective
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.
Supertech EV Limited Address / Contact Details
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
Supertech EV IPO Lot Size
The Supertech EV IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹1,10,400 by applying for 1 lot (1,200 shares). The maximum application allowed for the retail category is 1 lots (1,200 shares), requiring an investment of ₹1,10,400.
| 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 |
Issue Reservation
- Market Maker — 4.78%
- QIB — 4.51%
- NII — 42.94%
- RII — 42.98%
Book Running Lead Managers
- Corporate Makers Capital Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Supertech EV IPO?
Supertech EV IPO is a Book-building IPO with a total issue size of ₹29.9 crore. The Supertech EV IPO price band is ₹87 to 92 per share. The Supertech EV IPO subscription opens on Wed, Jun 25, 2025, and closes on Fri, Jun 27, 2025. The Supertech EV IPO will be listed on the BSE. Skyline Financial Services Private Ltd is the registrar for the Supertech EV IPO.
When will the Supertech EV IPO open for subscription?
The Supertech EV IPO opens on Wed, Jun 25, 2025 and closes on Fri, Jun 27, 2025
What is Supertech EV IPO Price Band?
Supertech EV IPO Price Band is ₹87 to 92 per share.
What is Supertech EV IPO Lot Size?
Supertech EV IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹220800 based on the upper price band
What is the minimum investment for Supertech EV IPO?
The minimum investment for Supertech EV IPO is ₹220800, based on one lot of 1200 shares at the upper price band of ₹92 per share.
How to apply for Supertech EV IPO?
Investors can apply for the Supertech EV IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Jun 27, 2025. The application amount remains blocked until the Supertech EV IPO allotment is finalized.
What is Supertech EV IPO Issue Size?
Supertech EV IPO issue size is ₹29.9 crores.
What is the Supertech EV IPO Allotment Date?
Supertech EV IPO allotment date is Mon, Jun 30, 2025.
Who is the Supertech EV IPO Registrar?
The registrar for Supertech EV IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check Supertech EV IPO allotment status, refund processing, and other IPO-related information.
What is the Supertech EV IPO GMP?
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 5.43% over the issue price.
Who is the Supertech EV IPO Lead Manager?
The book-running lead managers (BRLMs) for the Supertech EV IPO are Corporate Makers Capital Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Supertech EV IPO Red Herring Prospectus (RHP).