Supreme Power Equipment is scheduled to hit the market on December 21, 2023 and close on December 26, 2023. Supreme Power Equipment plans to raise around ₹46.67 Cr through an IPO with a sale of up to 7,180,000 equity shares of ₹10 each. The Retail offered 35%, QIB Shares Offered 50%, HNI Shares Offered 15%.
Established in 1994, Supreme Power Equipment Limited specializes in the manufacturing, upgrading, and refurbishment of a diverse range of transformers. The company's expertise spans power transformers, generator transformers, windmill transformers, distribution transformers, isolation transformers, solar transformers, energy-efficient transformers, converters, rectifier transformers, and insulators.
Supreme Power Equipment Limited boasts a comprehensive product portfolio, ensuring a broad spectrum of transformer solutions for various industrial applications.
Supreme Power Equipment IPO Details
Supreme Power Equipment IPO opens on Dec 21 , 2023, and closes on Dec 26 , 2023. The Listing date for Supreme Power Equipment IPO is on Dec 29, 2023. The price band for IPO is ₹61 to ₹65 per share and lot size of 2000 Shares.
| IPO Date | Dec 21 , 2023 to Dec 26, 2023 |
| Listing Date | Dec 29, 2023 |
| Price | ₹61 to ₹65 per share |
| Lot Size | 2000 Shares |
| Issue Size | ₹46.67 Cr |
| Face Value | ₹10 per share |
Supreme Power Equipment IPO Tentative Timetable
Supreme Power Equipment opening date is December 21, 2023 and close date is December 26, 2023. The IPO allotment date is December 27, 2023. The refund initiation of IPO is on December 28, 2023. The credit of shares in demat account is on December 28, 2023. The listing date is on December 29, 2023.
| Event | Date |
|---|---|
| IPO Opening | Dec 21, 2023 |
| IPO Closing | Dec 26, 2023 |
| IPO Allotment Date | Dec 27, 2023 |
| Refund Initiation | Dec 28, 2023 |
| Shares Credit to Demat | Dec 28, 2023 |
| Lisiting Date | Dec 29, 2023 |
Supreme Power Equipment IPO Lot Size
Lot Size of this IPO is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹130,000).
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail(Minimum) | 1 | 2000 | ₹130,000 |
| Retail(Maximum) | 1 | 2000 | ₹130,000 |
| HNI (Minimum) | 2 | 4000 | ₹260,000 |
Supreme Power Equipment IPO Promoter Holding
| Pre Issue Share Holding | 79.37% |
| Post Issue Share Holding | 57.54% |
Supreme Power Equipment IPO Review
Supreme Power Equipment Limited (SEPL) stands out in the transformer manufacturing sector, having supplied transformers for diverse sectors and collaborated with multinational players. With ISO 9001:2015 certification, a 17,876 square meter manufacturing facility, and a focus on renewable energy projects, SEPL reflects a strong commitment to quality and innovation. As SEPL gears up for its IPO, investors seek a comprehensive analysis of its financial performance, market positioning, and clarity on the utilization of funds outlined in the IPO objectives for informed decision-making.
SEPL's financial performance showcases a robust picture with a P/E ratio of 10.69, an impressive ROE of 59.88%, and a strong ROCE of 83.01%. The company's focus on efficient capital utilization, coupled with its debt/equity ratio of 0.45, positions it well for sustainable growth.
The IPO's primary objectives, including meeting capital expenditure, addressing working capital needs, general corporate purposes, and covering issue expenses, reflect the company's strategic outlook. A deeper examination of the specific projects earmarked for capital expenditure and a breakdown of the working capital requirements would provide investors with a clearer understanding of SEPL's growth trajectory.
Supreme Power Equipment IPO Subscription Status (Bidding Details)
No IPO ID provided. Check if the "ipo-subscription" field is set for this post.Supreme Power Equipment IPO Broker Recommendations
- Capital Market: To be updated soon
- Anand Rathi: To be updated soon
- SMC Global: To be updated soon
- Arihant Capital: To be updated soon
Supreme Power Equipment IPO FAQs
What is Supreme Power Equipment IPO?
Supreme Power Equipment is issuing 7,180,000 equity shares with a face value of ₹10 each, totaling up to ₹46.67 Cr. The shares are being offered at a price of ₹61 to ₹65 each, with a minimum order quantity of 2000 shares.
Purva Sharegistry India Pvt Ltd is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.
When Supreme Power Equipment IPO will open?
Supreme Power Equipment will open on December 21 , 2023 for QIB, NII, and Retail Investors.
When Supreme Power Equipment IPO will end?
Supreme Power Equipment will end on December 26, 2023.
What is Supreme Power Equipment IPO Size?
Supreme Power Equipment IPO size is ₹46.67 Cr.
What is Supreme Power Equipment IPO Price Band?
Supreme Power Equipment price band is ₹61 to ₹65 per share.
What is the Supreme Power Equipment IPO Allotment Date?
Supreme Power Equipment allotment date is December 27, 2023.
What is the Supreme Power Equipment IPO Listing Date?
Supreme Power Equipment listing date is December 29, 2023. The IPO is to be listed on BSE and NSE.
How to Apply Supreme Power Equipment IPO through Zerodha?
To apply for the IPO “Supreme Power Equipment” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Zerodha.
How to Apply Supreme Power Equipment IPO through Upstox?
To apply for the IPO “Supreme Power Equipment” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Upstox.
How to check Supreme Power Equipment IPO Allotment Status?
For Supreme Power Equipment IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.
What is Supreme Power Equipment IPO GMP?
You can check out here: Supreme Power Equipment IPO GMP