Supertech EV IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jun 25 to Jun 27 2025
Price Band
₹92
Current GMP
₹73.5(-20.00%)
Subscription
4.40 times
IPO Details
| IPO Date | June 25, 2025 to June 27, 2025 |
| Listing Date | July 2, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹92 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 32,49,600 shares (aggregating up to ₹29.90 Cr) |
| Reserved for Market Maker | 1,63,200 shares (aggregating up to ₹1.50 Cr)Asnani Stock Broker Private Limited |
| Net Offered to Public | 30,86,400 shares (aggregating up to ₹28.39 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 91,09,088 shares |
| Share Holding Post Issue | 1,23,58,688 shares |
IPO Date
June 25, 2025 to June 27, 2025
Listing Date
July 2, 2025
Face Value
₹10 per share
Issue Price
₹92 per share
Lot Size
1,200 Shares
Sale Type
Fresh Capital
Total Issue Size
32,49,600 shares (aggregating up to ₹29.90 Cr)
Reserved for Market Maker
1,63,200 shares (aggregating up to ₹1.50 Cr)Asnani Stock Broker Private Limited
Net Offered to Public
30,86,400 shares (aggregating up to ₹28.39 Cr)
Issue Type
Bookbuilding IPO
Listing At
BSE SME
Share Holding Pre Issue
91,09,088 shares
Share Holding Post Issue
1,23,58,688 shares
IPO Subscription Details
| Market Maker | 1 |
| Qualified Institutions | 1.01 |
| Non-Institutional Buyers*** | 2.09 |
| Retail Investors | 7.06 |
| Total ** | 4.40 |
Market Maker
1
Qualified Institutions
1.01
Non-Institutional Buyers***
2.09
Retail Investors
7.06
Total **
4.40
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Jun 25, 2025 | 0.00 | 0.66 | 1.69 | 1.12 |
| Day 2 Jun 26, 2025 | 1.01 | 0.65 | 2.22 | 1.42 |
| Day 3 Jun 27, 2025 | 1.01 | 2.09 | 7.06 | 4.40 |
DayDay 1
Jun 25, 2025
QIB0.00
NII*0.66
Retail1.69
Total1.12
DayDay 2
Jun 26, 2025
QIB1.01
NII*0.65
Retail2.22
Total1.42
DayDay 3
Jun 27, 2025
QIB1.01
NII*2.09
Retail7.06
Total4.40
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 02-07-2025 | 92.00 | 0.5(0.54%) | 92.5 |
| 01-07-2025 | 92.00 | 0.5(0.54%) | 92.5 |
| 30-06-2025 | 92.00 | 0.5(0.54%) | 92.5 |
| 29-06-2025 | 92.00 | 0.5(0.54%) | 92.5 |
| 28-06-2025 | 92.00 | 0.5(0.54%) | 92.5 |
| 27-06-2025 | 92.00 | 0.5(0.54%) | 92.5 |
| 26-06-2025 | 92.00 | 0(0.00%) | 92 |
| 25-06-2025 | 92.00 | 5(5.43%) | 97 |
| 24-06-2025 | 92.00 | 15(16.30%) | 107 |
| 23-06-2025 | 92.00 | 5(5.43%) | 97 |
| 22-06-2025 | 92.00 | 3(3.26%) | 95 |
| 21-06-2025 | 92.00 | 0(0.00%) | 92 |
Date02-07-2025
Price92.00
GMP0.5(0.54%)
Estimate List Price92.5
Date01-07-2025
Price92.00
GMP0.5(0.54%)
Estimate List Price92.5
Date30-06-2025
Price92.00
GMP0.5(0.54%)
Estimate List Price92.5
Date29-06-2025
Price92.00
GMP0.5(0.54%)
Estimate List Price92.5
Date28-06-2025
Price92.00
GMP0.5(0.54%)
Estimate List Price92.5
Date27-06-2025
Price92.00
GMP0.5(0.54%)
Estimate List Price92.5
Date26-06-2025
Price92.00
GMP0(0.00%)
Estimate List Price92
Date25-06-2025
Price92.00
GMP5(5.43%)
Estimate List Price97
Date24-06-2025
Price92.00
GMP15(16.30%)
Estimate List Price107
Date23-06-2025
Price92.00
GMP5(5.43%)
Estimate List Price97
Date22-06-2025
Price92.00
GMP3(3.26%)
Estimate List Price95
Date21-06-2025
Price92.00
GMP0(0.00%)
Estimate List Price92
IPO Important Dates
| IPO Open Date | Wed, Jun 25, 2025 |
| IPO Close Date | Fri, Jun 27, 2025 |
| Tentative Allotment | Mon, Jun 30, 2025 |
| Initiation of Refunds | Tue, Jul 1, 2025 |
| Credit of Shares to Demat | Tue, Jul 1, 2025 |
| Tentative Listing Date | Wed, Jul 2, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 27, 2025 |
IPO Open Date
Wed, Jun 25, 2025
IPO Close Date
Fri, Jun 27, 2025
Tentative Allotment
Mon, Jun 30, 2025
Initiation of Refunds
Tue, Jul 1, 2025
Credit of Shares to Demat
Tue, Jul 1, 2025
Tentative Listing Date
Wed, Jul 2, 2025
Cut-off time for UPI mandate confirmation
5 PM on June 27, 2025
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,10,400 |
| Retail (Max) | 1 | 1200 | ₹1,10,400 |
| HNI (Min) | 2 | 2,400 | ₹2,20,800 |
ApplicationRetail (Min)
Lots1
Shares1200
Amount₹1,10,400
ApplicationRetail (Max)
Lots1
Shares1200
Amount₹1,10,400
ApplicationHNI (Min)
Lots2
Shares2,400
Amount₹2,20,800
Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 44.19 | 24.80 | 4.81 |
| Revenue | 75.19 | 65.14 | 2.38 |
| Profit After Tax | 6.19 | 5.02 | 0.06 |
| EBITDA | 9.48 | 7.39 | 0.09 |
| Net Worth | 16.90 | 9.70 | 1.07 |
| Reserves and Surplus | 7.79 | 5.19 | 0.07 |
| Total Borrowing | 12.27 | 5.52 |
Period EndedPeriod Ended
31 Mar 202531 Mar 2025
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
31 Mar 202544.19
31 Mar 202424.80
31 Mar 20234.81
Period EndedRevenue
31 Mar 202575.19
31 Mar 202465.14
31 Mar 20232.38
Period EndedProfit After Tax
31 Mar 20256.19
31 Mar 20245.02
31 Mar 20230.06
Period EndedEBITDA
31 Mar 20259.48
31 Mar 20247.39
31 Mar 20230.09
Period EndedNet Worth
31 Mar 202516.90
31 Mar 20249.70
31 Mar 20231.07
Period EndedReserves and Surplus
31 Mar 20257.79
31 Mar 20245.19
31 Mar 20230.07
Period EndedTotal Borrowing
31 Mar 202512.27
31 Mar 20245.52
31 Mar 2023
IPO Reservation
| Market Maker Shares Offered | 1,63,200 (4.78%) |
| QIB Shares Offered | 1,54,000 (4.51%) |
| NII (HNI) Shares Offered | 14,65,200 (42.94%) |
| Retail Shares Offered | 14,66,400 (42.98%) |
| Total Shares Offered | 34,12,000 (100.00%) |
Market Maker Shares Offered
1,63,200 (4.78%)
QIB Shares Offered
1,54,000 (4.51%)
NII (HNI) Shares Offered
14,65,200 (42.94%)
Retail Shares Offered
14,66,400 (42.98%)
Total Shares Offered
34,12,000 (100.00%)
Information about company
Incorporated in 2022, Supertech EV Limited is engaged in the manufacturing of electric vehicles (EVs) in India. The company’s product portfolio includes 12 models, comprising 8 variants of electric two-wheelers and 4 variants of E-Rickshaws.
Supertech EV Limited has built a distribution network of 445 distributors and has a presence across 19 states in India, including Delhi, Haryana, Punjab, Himachal Pradesh, Uttarakhand, Rajasthan, Uttar Pradesh, Gujarat, Madhya Pradesh, Jharkhand, Bihar, Maharashtra, Chhattisgarh, Odisha, Telangana, Karnataka, Andhra Pradesh, and Assam.
Products:
CARGO MAX – L5 E- Loader
PASSENGER MAX
ZAPSTER PRO
As of June 30, 2024, the company employs 115 people.
The company’s top distributors include Gk Autovehicles Private Limited, Aziz Automobiles, Najon Digitel, Hindustan Energysavers, Kisan Auto Mobiles, Bhupender Hari Enterprises, Supertech Auto Agency (Nangloi), Krisha Electric Vehicle, E Ashwa Automotive Pvt Ltd, EVS Tritech India, EV World Motors, Green Wheels Auto, and Electra E-Mobility.
The company’s top creditors include Akash Indchi Imports & Export Co., Fengxian Enland Internation Trading Co. Ltd, Supertech Auto Agency, Yuki Electric India Private Limited, Om Steels, A. S. T. Pipes Pvt. Ltd, Eastman Auto & Power Ltd, Emercion Industries LLP, B.H. Enterprises, EVS Tritech India, Laxmi Components, Powerlink Battery Systems, and New Era Trading Co.
Objectives of IPO
The Company Supertech EV IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No.
Objects of the Issue
Expected Amount (₹ in crores)
1
Working capital requirement.
16.50
2
Repayment of portion of certain borrowings availed by the Company.
3.00
3
General corporate purposes.
4
Issue Expenses.
Disclaimer
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