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Supreme Power Equipment Limited IPO (Supreme Power Equipment IPO) Detail

December 21, 2023 - December 26, 2023

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 bidding started from December 21, 2023 and ended on December 26, 2023. The allotment for Supreme Power Equipment IPO was finalized on Wednesday, December 27, 2023. The shares got listed on NSE SME on 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 December 29, 2023
Face Value ₹10 per share
Price Band ₹61 to ₹65 per share
Lot Size 2000 Shares
Total Issue Size7,180,000 shares
(aggregating up to ₹46.67 Cr)
Fresh Issue7,180,000 shares
(aggregating up to ₹46.67 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Share holding pre issue17,811,135
Share holding post issue24,991,135
Market Maker portion932,000 shares
Share India Securities

Supreme Power Equipment IPO Reservation

Supreme Power Equipment IPO offers 7,180,000 shares. 1,250,000 (17.41%) to QIB, 940,000 (13.09%) to NII, 2,188,000 (30.47%) to RII and 1,870,000 (26.04%) to Anchor investors.

Investor Category Shares Offered
Anchor Investor Shares Offered1,870,000 (26.04%)
Market Maker Shares Offered932,000 (12.98%)
QIB Shares Offered1,250,000 (17.41%)
NII (HNI) Shares Offered940,000 (13.09%)
Retail Shares Offered2,188,000 (30.47%)
Total Shares Offered7,180,000 (100%)

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. Supreme Power Equipment IPO Anchor Investors list

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) January 26, 2024
Anchor lock-in period end date for remaining shares (90 Days) March 26, 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 company's product portfolio includes

  • Power transformers
  • Distribution transformers
  • Windmill transformers
  • Insulation transformers
  • Solar transformers
  • Energy-efficient transformers
  • Converter and rectifier transformers
  • Insulators Generator transformers

The company has supplied transformers for various sectors, including the local public power utility and the windmill segment. The company has also supplied transformers to Gamesa Spain, a multinational company, for its solar energy projects in India. These transformers have a voltage range of 16KVA to 25MVA/110KV and a power range of 1250KVA/22KV to 6000 KVA/33KV.

SEPL is ISO 9001:2015 certified for the design, manufacture, service and supply of transformers. The company's manufacturing facility is spread over an area of 17,876 square metres in Thirumazhisai, Thiruvallur Chennai. The production facilities are equipped with modern machinery and technology, resulting in lower manufacturing costs for transformers.

Supreme Power Equipment Limited Financial Information (Restated Consolidated)

Period Ended31 Jul 202331 Mar 2023
Assets9,187.166,901.04
Revenue3,927.619,990.85
Profit After Tax503.161,107.88
Net Worth2,298.261,805.69
Reserves and Surplus1,902.461,409.89
Total Borrowing2,153.821,999.74
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Supreme Power Equipment IPO is Rs 162.44 Cr.

KPI Values
ROE59.88%
ROCE83.01%
Debt/Equity0.45
RoNW59.88%
Pre IPO Post IPO
EPS (Rs) 6.08
P/E (x) 10.6911

Objects of the Issue (Supreme Power Equipment IPO Objectives)

The objects of the Issue are:-

  • To meet out the Capital Expenditure
  • To meet out the Working Capital requirements of the Company.
  • To meet out the General Corporate Purposes; and
  • To meet out the Issue Expenses.

Supreme Power Equipment IPO Review (May apply)

[Dilip Davda]  The company is operating in a highly competitive segment with many players around. The sudden boost in its bottom lines from FY23 onward raise concern over the sustainability. Based on FY24 annualized super earnings, the issue appears reasonably priced. Well-informed investors may park funds for the medium to long term rewards. Read detail review...


Supreme Power Equipment IPO Subscription Status (Bidding Detail)

The Supreme Power Equipment IPO is subscribed 262.60 times on December 26, 2023 6:48:00 PM. The public issue subscribed 264.48 times in the retail category, 88.98 times in the QIB category, and 489.10 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB88.98
NII489.10
Retail264.48
Total262.60

Total Application : 289,344 (264.48 times)

Supreme Power Equipment IPO Prospectus

Supreme Power Equipment IPO Rating

3
4.7
Rating:Rated 4.7 stars
Vote Here ...

Supreme Power Equipment IPO Listing Details

Listing Date December 29, 2023
BSE Script Code
NSE Symbol SUPREMEPWR
ISIN INE0QHG01026
Final Issue Price ₹65 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹65.00
₹98.00
₹95.00
₹102.90
₹102.90

Check IPO Performance…

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/investor-service/ipo-query

Supreme Power Equipment IPO - Buy or Not

Supreme Power Equipment IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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Supreme Power Equipment IPO FAQs

Supreme Power Equipment IPO is a SME IPO of 7,180,000 equity shares of the face value of ₹10 aggregating up to ₹46.67 Crores. The issue is priced at ₹61 to ₹65 per share. The minimum order quantity is 2000 Shares.

The IPO opens on December 21, 2023, and closes on December 26, 2023.

Purva Sharegistry India Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Supreme Power Equipment IPO using UPI as a payment gateway. Zerodha customers can apply in Supreme Power Equipment IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Supreme Power Equipment IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Supreme Power Equipment IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Supreme Power Equipment IPO opens on December 21, 2023 and closes on December 26, 2023.

Supreme Power Equipment IPO lot size is 2000 Shares, and the minimum amount required is ₹130,000.

You can apply in Supreme Power Equipment IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Supreme Power Equipment IPO will be done on Wednesday, December 27, 2023, and the allotted shares will be credited to your demat account by Thursday, December 28, 2023. Check the Supreme Power Equipment IPO allotment status.

The Supreme Power Equipment IPO listing date is on December 29, 2023.
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Supreme Power Equipment IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

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214 Comments

85. Noorul |   Link |  Bookmark |December 31, 2023 2:28:22 PM
Bought it in preopen. Seems good upside momentum from here.
85.1. IPOswami |   Link |  Bookmark |December 31, 2023 9:07:52 PM (200+ Posts)
@Noorul your view on HRX please.....I am going to get confirm allotment.
84. G profit |   Link |  Bookmark |December 29, 2023 2:31:17 PM
IPO Mentor IPO Mentor (1200+ Posts, 300+ Likes)
Sold my lot at pre open @ 98. To offset losses of Muthoot and Suraj. Didnot know it was the right decision. Now @ upper circuit. Happy anyway. 😊
83. Always Right |   Link |  Bookmark |December 29, 2023 1:25:56 PM
Very good company @ reasonable price compared to other companies in this business. Sound business with good fundamentals. Can go up to 175 in long term.
82. Venkatram |   Link |  Bookmark |December 29, 2023 10:08:04 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Bought it in pre open hoping that there will be good gains in this share going forward.
81. ARJUN'S EYE |   Link |  Bookmark |December 29, 2023 9:18:33 AM
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
Supreme Power Equipment Ltd NSE SME IPO.
NSE Code:-21074                        
Symbol:-SUPREMEPWR
Group:-ST
ISIN:-INE0QHG01026      
Issue Price:-65/-
Market Lot:-2000 Shares
Face Value:-10/-
Listing At:-NSE SME
80. kishenharendra |   Link |  Bookmark |December 28, 2023 12:07:26 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
I just cannot understand this basis of allotment process..no matter what I try a new surprise comes up that defies my understanding...

I am referring to supreme BoA...

There are 2 applications of 302000...
Both have been allotted 2000 shares each...

There are 2 applications of 314000...

But only 1 has been allotted 2000 shares...

How can this be possible?
80.4. rohiitian |   Link |  Bookmark |December 28, 2023 4:41:14 PM
IPO Guru IPO Guru (1200+ Posts, 800+ Likes)
The secondary market is punishing IPOs it looks like - new listings are tepid, and they continue to fall post listing despite market at ATHs. So GMPs also fall. Just have to ride this wave out. I will exit if I get more than 50% listing gain on my lot, else will hold for a few days.
80.5. Boyani |   Link |  Bookmark |December 28, 2023 8:29:15 PM
Congrats for allotment. I am nearing century applications. No good allotment. Only fedfina muthootmicro lic Paytm Annapurna swadeshi and few negative listing . No regrets let's hope in 2024
79. mehtaparam |   Link |  Bookmark |December 28, 2023 4:59:52 PM
Jab TAK SME lag nai raha tha GMP 80% up tha
Abhi laga to sala 1 lakh se gmp 20 thousand aa gaya kya nasib hei.
79.1. luckiest boy |   Link |  Bookmark |December 28, 2023 6:29:14 PM
GMP INCREASED BY 10 NOW 40 AFTER 8:00 IT TOUCH AROUND 50 .. TOMM profit around 50,000 congralution to all alloteee...
78. Rakcyt |   Link |  Bookmark |December 28, 2023 4:15:37 PM
IPO Guru IPO Guru (1300+ Posts, 1300+ Likes)
What's the latest update on GMP at brokers level .
@B.M.SURANA Pls share the GMP at your reliable source , we are missing that . We know the difference between GMP you share ( horse mouth ) and that on site 😊😊. That will guide better
78.14. IPO jarur lagega |   Link |  Bookmark |December 29, 2023 9:42:54 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
@Rakcyt 

Wish you a very happy new year my new young friend Raks.. 😊🤝💐

78.15. IPO jarur lagega |   Link |  Bookmark |January 3, 2024 10:08:34 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
So I hope all now understand not to play GMP GMP all the time. Better to focus on study and your goals.
Thanks 🙏
77. luckiest boy |   Link |  Bookmark |December 28, 2023 4:32:45 PM
As looking at GMP it may list around (75 - 80 ) as GMP decreases day by day today reduced by around 20 and if follows a pattern tomorrow then (₹30 - ₹20) ₹10 list around 75 - above ₹10 as compared to original profit you earned around 2000 dream of earned profit 100300. God, why they are not maintaining GMP?
77.1. luckiest boy |   Link |  Bookmark |December 28, 2023 4:43:56 PM
Srry 20,000
76. Rakcyt |   Link |  Bookmark |December 28, 2023 6:08:32 AM
IPO Guru IPO Guru (1300+ Posts, 1300+ Likes)
Thanks @B.M.SURANA For being on same page and you rightly said we learn from youngsters too as this is two way traffic . Pls keep posting realistic GMP as it does help.

@IPO jarur lagega  Let me allow to " agree to disagree" here on views in last msg.......If market has not followed the GMP expressed in the forum by someone in that sense Anil Singhvi should close down Zee TV as he went haywire . Be thankful to Surana ji as he has shown pre listing GMP ( from horse mouth) which went estray post listing giving a clear indication to be cautious in future for upcoming IPOs......this is how I will infer out of this . Many a times there are msgs which sounds peculiar but should be read and analysed in our own way .
For me this GMP game is big learning to be cautious henceforth .
76.1. IPO jarur lagega |   Link |  Bookmark |December 28, 2023 9:36:24 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
@Rakcyt Ji, Sir Anil Singhvi and Zee TV are kind of personal choice. Those who want to watch them can watch. But this forum is common for all and when whole page is filled with GMP updates each and every bit of time and on all IPO pages than this is IRRELEVANT. I hope you got it. 😇

And sir we need ur guidance always (all senior members) u all are like ocean of knowledge in share market. So please keep guiding us❤️
76.2. IPO jarur lagega |   Link |  Bookmark |December 28, 2023 11:25:14 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
And yes sir ur last line:-

"For me this GMP game is big learning to be cautious henceforth "
It is a game and we are not here supposed to play the game.🙏

https://www.investorgain.com/report/live-ipo-gmp/331/

This is the link of live GMP of all IPOs managed by Chittorgarh team. And it is very helpful what we need.
75. SAJAL BHARGAVA |   Link |  Bookmark |December 28, 2023 11:11:58 AM
Again No allotment 0/1 Retail
74. vikas uniyal |   Link |  Bookmark |December 28, 2023 10:54:13 AM
0/5 Retail Not allotment in Supreme Power Equipment. I hope in next time got the allotment
73. Wolf hunter |   Link |  Bookmark |December 28, 2023 8:38:31 AM (400+ Posts)
Bad luck continues for me :-)
72. A K M |   Link |  Bookmark |December 28, 2023 8:24:06 AM
0/12 Retail
71. RoK |   Link |  Bookmark |December 28, 2023 8:16:09 AM (200+ Posts)
0/1 retail
70. bharatbhai |   Link |  Bookmark |December 28, 2023 8:14:49 AM
SME થર્ડ પાર્ટી લાગી કોઈને?
પ્લીઝ રીપ્લાય.
69. G profit |   Link |  Bookmark |December 28, 2023 7:34:57 AM
IPO Mentor IPO Mentor (1200+ Posts, 300+ Likes)
1/6 nhi. Very happy. Allotment after a substantially long time in good ipos. Earlier allotment in Muthoot and Suraj both of which listed below ipo price.
68. Man Ahir |   Link |  Bookmark |December 28, 2023 12:51:19 AM
0/4 Retail
No SME ALLOTMENT TILL DATE
67. SMEARV |   Link |  Bookmark |December 28, 2023 12:45:51 AM (400+ Posts)
0/6 retail applications
66. Noorul |   Link |  Bookmark |December 28, 2023 12:35:18 AM
Not alloted here.. will try to get in preopen.
66.1. Rakcyt |   Link |  Bookmark |December 28, 2023 7:21:57 AM
IPO Guru IPO Guru (1300+ Posts, 1300+ Likes)
Hi @Noorul  What should be strategy for allotted qty of 1 lot ....what range is it good for sale . If hold upto what time frame or price wise it is good .