Supertech EV IPO Details
The Supertech EV IPO is a book build issue with a total issue size of ₹29.9 cr, comprising of fresh issue of 3249600 equity shares. Supertech EV IPO opened for subscription on Jun 25, 2025 and closed on Jun 27, 2025. Supertech EV IPO is set price band at ₹87 to ₹92 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹220,800.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jun 30, 2025, and listed on both the NSE and BSE on Jul 02, 2025.
Skyline Financial Services Private Ltd has been appointed as the registrar. Corporate Makers Capital Limited are the Book Running Lead Manager for the issue.
Before investing in the Supertech EV IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 87 – 92
- Lot Size
- 1200
- Issue Size
- ₹29.9 Cr
- Minimum Investment
- ₹220800 (2400 Shares)
- Listing Date
- 02 July 2025
Current GMP
₹5 (+5.43%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
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.
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
Book Running Lead Managers
- Corporate Makers Capital Limited
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 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.
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 per share.
Supertech EV IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹220800 based on the upper price band
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.
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.
Supertech EV IPO issue size is ₹29.9 crores.
Supertech EV IPO allotment date is Wed, Jul 1, 2026.
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.
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 0% over the issue price.