Supreme Power Equipment IPO is a book built issue of Rs 46.67 crores. The issue is entirely a fresh issue of 71.8 lakh shares.
Supreme Power Equipment IPO opens for subscription on December 21, 2023 and closes on December 26, 2023. The allotment for the Supreme Power Equipment IPO is expected to be finalized on Wednesday, December 27, 2023. Supreme Power Equipment IPO will list on NSE SME with tentative listing date fixed as Friday, December 29, 2023.
Supreme Power Equipment IPO price band is set at ₹61 to ₹65 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹130,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹260,000.
Narnolia Financial Services Ltd is the book running lead manager of the Supreme Power Equipment IPO, while Purva Sharegistry India Pvt Ltd is the registrar for the issue. The market maker for Supreme Power Equipment IPO is Share India Securities.
Refer to Supreme Power Equipment IPO RHP for detailed information.
Supreme Power Equipment IPO Details
| IPO Date | December 21, 2023 to December 26, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹61 to ₹65 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 7,180,000 shares (aggregating up to ₹46.67 Cr) |
| Fresh Issue | 7,180,000 shares (aggregating up to ₹46.67 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 17,811,135 |
| Share holding post issue | 24,991,135 |
| Market Maker portion | 932,000 shares Share India Securities |
Supreme Power Equipment IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Supreme Power Equipment IPO Anchor Investors Details
Supreme Power Equipment IPO raises Rs 12.16 crore from anchor investors. Supreme Power Equipment IPO Anchor bid date is December 20, 2023.
| Bid Date | December 20, 2023 |
| Shares Offered | 1,870,000 |
| Anchor Portion Size (In Cr.) | 12.16 |
| Anchor lock-in period end date for 50% shares (30 Days) | February 8, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | May 10, 2024 |
Supreme Power Equipment IPO Timeline (Tentative Schedule)
Supreme Power Equipment IPO opens on December 21, 2023, and closes on December 26, 2023.
| IPO Open Date | Thursday, December 21, 2023 |
| IPO Close Date | Tuesday, December 26, 2023 |
| Basis of Allotment | Wednesday, December 27, 2023 |
| Initiation of Refunds | Thursday, December 28, 2023 |
| Credit of Shares to Demat | Thursday, December 28, 2023 |
| Listing Date | Friday, December 29, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 26, 2023 |
Supreme Power Equipment IPO Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹130,000 |
| Retail (Max) | 1 | 2000 | ₹130,000 |
| HNI (Min) | 2 | 4,000 | ₹260,000 |
| Lot Size Calculator |
Supreme Power Equipment IPO Promoter Holding
The promoters of the company are Mr. Vee Rajmohan and Mr. K V Pradeep Kumar.
| Share Holding Pre Issue | 79.37% |
| Share Holding Post Issue | 57.54% |
About Supreme Power Equipment Limited
Incorporated in 1994, Supreme Power Equipment Limited is engaged in manufacturing, upgrading, and renovating various types of transformers, such as power transformers, generator transformers, windmill transformers, distribution transformers, isolation transformers, solar transformers, energy efficient transformers, converters and rectifier transformers.
The product portfolio of the company includes
- Power Transformers
- Distribution Transformers
- Windmill Transformers
- Isolation Transformers
- Solar Transformers
- Energy Efficient Transformers
- Convertor and Rectifier Transformers
- Isolators
- Generator Transformers
The company has provided transformers to various sectors, including the local public electric utility and wind mill segment. They have also supplied transformers to Gamesa Spain, a multinational company, for their solar power projects in India. These transformers have a voltage range of 16KVA to 25MVA/110KV and a capacity range from 1250KVA/22KV to 6000 KVA/33KV.
SEPL is certified for Design, Manufacture, Services, and Supply of Transformers as per ISO 9001:2015. The manufacturing unit of the company is spread over an area. of 17,876 sq. feet situated at Thirumazhisai, Thiruvallur Chennai. Manufacturing facilities are equipped with modern machinery and technology, resulting in lower manufacturing costs for Transformers.
Supreme Power Equipment Limited Financial Information (Restated Consolidated)
| Period Ended | 31 Jul 2023 | 31 Mar 2023 |
| Assets | 9,187.16 | 6,901.04 |
| Revenue | 3,927.61 | 9,990.85 |
| Profit After Tax | 503.16 | 1,107.88 |
| Net Worth | 2,298.26 | 1,805.69 |
| Reserves and Surplus | 1,902.46 | 1,409.89 |
| Total Borrowing | 2,153.82 | 1,999.74 |
| Amount in ₹ Lakhs |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 59.88% |
| ROCE | 83.01% |
| Debt/Equity | 0.45 |
| EPS (Rs) | 6.08 |
| RoNW | 59.88% |
Check Supreme Power Equipment IPO Peer Comparison here.
Objects of the Issue (Supreme Power Equipment IPO Objectives)
The objects of the Issue are:-Supreme Power Equipment Limited Contact Details
Supreme Power Equipment Limited
55, SIDCO Industrial Estates
Thirumazhisai Thirumushi,
Tiruvallur, Poonamallee, 600124
Phone: +91 44 26811221
Email: cs@supremepower.in
Website: https://www.supremepower.in/
Supreme Power Equipment IPO Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: https://www.purvashare.com/queries/