Supertech EV Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 154,800 (5%) | — | ₹14 Cr |
| NII (HNI) | — | 1,465,200 (45%) | — | ₹1,348 Cr |
| Retail | — | 1,466,400 (45%) | — | ₹1,349 Cr |
| Market Maker | — | 163,200 (5%) | — | ₹15 Cr |
| Σ Total | — | 3,249,600 (100%) | — | ₹29,896 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹110,400 |
| Retail (Max) | 13 | 15,600 | ₹1,435,200 |
| S-HNI (Min) | 14 | 16,800 | ₹1,545,600 |
| B-HNI (Min) | 67 | 80,400 | ₹7,396,800 |
Financial Statements Amount In Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 75 | 65 | 2 |
| EBITDA | 9 | 7 | 0 |
| Profit After Tax | 6 | 5 | 0 |
| Net Worth | 17 | 10 | 1 |
| Total Assets | 44 | 25 | 5 |
| Reserves & Surplus | 8 | 5 | 0 |
| Total Borrowing | 12 | 6 | — |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Working capital requirement. – 16.50
- 2 Repayment of portion of certain borrowings availed by the Company. – 3.00
- 3 General corporate purposes. – 6.84
Company Overview
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.