Supertech EV IPO Details
The key details of Supertech EV’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹29.90 Cr |
| Price Range | ₹87 - ₹92 |
| Retail Quota | 47.51% |
| QIB Quota | 47.47% |
| NII Quota | 5.02% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 1200 |
| Investment (cut-off price) | ₹1,10,400 |
| Pre IPO Promotor Holding | 94.04% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Supertech EV IPO Timelines
The IPO process for Supertech EV includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
25/06/2025
Start Date27/06/2025
End Date01/07/2025
Refund Initiation01/07/2025
Credit of Shares to Demat Ac02/07/2025
Listing DateSupertech EV IPO Lot Size
The Supertech EV IPO has a fixed lot size of 1,200 shares, at an upper price band of ₹92 per share, requiring ₹110,400 per lot for retail investors. For HNI investors, the minimum application is 2,400 shares (2 lots) amounting to ₹220,800.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹1,10,400 |
| Retail Maximum | 1 | 1200 | ₹1,10,400 |
| HNI Minimum | 2 | 2400 | ₹2,20,800 |
Supertech EV IPO Subscription Status
The subscription status for Supertech EV IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 1.01x | 2.09x | 7.06x | -- | 4.40x |
IPO Performance on Listing Day
On the listing day (July 2, 2025), Supertech EV made a weak debut on the stock exchange. The stock opened at ₹73.60, registering a sharp discount of 20% against its issue price of ₹92. Throughout the trading session, the stock remained under pressure, touching a high of ₹73.60 and slipping to a low of ₹69.92. The shares concluded their first trading day at ₹69.92, closing with a significant loss of 24% from the issue price, reflecting subdued investor sentiment towards this electric vehicle company.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹73.60 | ₹69.92 | ₹73.60 | ₹69.92 |
Supertech EV IPO Company Financials
Supertech EV reports robust performance in FY2025 with Total Income of ₹75.19 crores, managing expenses at ₹66.85 crores, and achieving a strong PAT (Profit After Tax) of ₹6.19 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹2.38 | ₹2.28 | ₹0.06 |
| FY 2024 | ₹65.14 | ₹58.45 | ₹5.02 |
| FY 2025 | ₹75.19 | ₹66.85 | ₹6.19 |
About Company
Supertech EV Limited, incorporated in 2022, is an Indian electric vehicle manufacturer offering a portfolio of 12 models, including 8 electric two-wheelers and 4 E-Rickshaws. Some of its key products are the CARGO MAX (L5 E-Loader), PASSENGER MAX, and ZAPSTER PRO. The company has established a workforce of 115 employees and built a robust distribution network of 445 distributors, extending its market presence across 19 states in India, such as Delhi, Maharashtra, Gujarat, Karnataka, and Assam.
Its distribution is supported by leading partners like GK Autovehicles Pvt. Ltd., Aziz Automobiles, and E Ashwa Automotive Pvt. Ltd. The company also maintains relationships with major creditors including Akash Indchi Imports & Export Co., Yuki Electric India Pvt. Ltd., and Eastman Auto & Power Ltd. With a steadily growing network and diverse product lineup, Supertech EV is positioning itself as a key player in India’s rapidly evolving EV market.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2022 | Electricals | Yetender Sharma |
Know Before Investing
Supertech EV IPO Strengths
- Supertech EV has been operating since 2010, building a strong reputation as a manufacturer of electric vehicles and components, with a track record of innovation and reliability.
- The company’s products are certified by the International Centre for Automotive Technology (ICAT), ensuring compliance with stringent safety and performance benchmarks.
- Equipped with advanced machinery and technology, Supertech EV boasts a modern manufacturing facility capable of producing up to 36,000 electric vehicle sets annually.
- The company manufactures a diverse range of electric vehicles, including e-rickshaws and e-scooters, catering to both passenger and commercial segments.
- Supertech EV is committed to reducing carbon emissions and promoting sustainable mobility with zero-tailpipe emission vehicles.
- The company focuses on producing high-quality electric vehicles at affordable prices, making them accessible to a broad customer base.
- Supertech EV has established a network of dealers and service centers across India, ensuring strong market reach and customer support.
Supertech EV IPO Risks
- The electric vehicle (EV) sector is still evolving with regulatory, technological, and consumer adoption uncertainties, which could impact demand and profitability.
- The company must comply with evolving government policies, subsidies, and environmental regulations related to the EV and OEM sector, with non-compliance risking penalties or operational disruptions.
- Delays in product development, supply chain disruptions, or quality issues could negatively impact profitability and customer relationships.
- The business relies on specialized engineers and technicians; any loss of key personnel or technological obsolescence could affect operations and innovation.
- Fluctuations in the prices and availability of raw materials such as lithium, cobalt, and steel may increase costs and reduce margins.
- The EV and OEM sector is highly competitive, with both established and new entrants, potentially pressuring margins and market share.
Swot Analysis for Supertech EV IPO
Strengths
Established Manufacturing Expertise, Diverse Product Portfolio, Explosive Financial Growth
Weaknesses
Working Capital Strain, Rising Debt Burden, Inventory Management Issues
Opportunities
Surging Market Demand, Export Potential, Government Initiatives
Threats
Intense Competition, Cost Sensitivity, Regulatory Shifts
Company 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 Registar Details
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
FAQs
The key objectives of Supertech EV IPO are:
- Working capital requirement.
- Repayment of portion of certain borrowings availed by the Company.
- General corporate purposes.
- Issue Expenses.
Corporate Makers Capital Ltd. is the book-running lead managers for the Supertech EV IPO.
Supertech EV IPO showcases strong growth potential, backed by its strategic presence in India’s booming electric vehicle sector and impressive revenue growth from ₹2.38 crore to ₹65.14 crore in just one year. The company is well-positioned to benefit from increasing EV adoption and supportive government policies. Its expanding product range and rapid scale-up highlight strong momentum and future scalability.
The issue price for the Supertech EV IPO is set between ₹87 to ₹92 per share.
To invest in one lot of Supertech EV IPO, you need ₹1,04,400 at the lower price band (₹87 per share) or ₹1,10,400 at the upper price band (₹92 per share) for a lot size of 1200 shares.
Supertech EV IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on July 2, 2025.
Refund/unblocking of funds for Supertech EV IPO will begin on July 1, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Supertech EV IPO shares on listing day (July 2, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.