Supreme Power Equipment IPO

Supreme Power Equipment IPO will open for subscription from 21 December 2023. The company aims for an issue size of ₹46.67 Cr through this IPO.

Company Overview

Full nameSupreme Power Equipment Limited
SectorCapital Goods
IndustryElectrical Equipment
Company Website

About Company

Supreme Power Equipment is involved in the fields of producing, enhancing, and renovating transformers, covering a spectrum that includes Power Transformers, Generator Transformers, Windmill Transformers, Distribution Transformers, Isolation Transformers, Solar Transformers, Energy-Efficient Transformers, Converters, and Rectifier Transformers. Supreme Power Equipment has delivered transformers to various sectors, including the local public electric utility and the windmill segment. Additionally, they have provided transformers to Gamesa Spain, a multinational company, for their solar power projects in India. These transformers feature a voltage range of 16KVA to 25MVA/110KV and a capacity range from 1250KVA/22KV to 6000 KVA/33KV.

The company’s product portfolio comprises:

  • Power Transformers
  • Generator Transformers
  • Windmill Transformers
  • Distribution Transformers
  • Energy Efficient Transformers
  • Solar Transformers
  • Furnace Transformers
  • Isolation Transformers
  • Converter and Rectifier Transformers
  • Isolators

The Objectives of the Issue

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

Supreme Power Equipment IPO Timetable

IPO Opening date21 December 2023
IPO Closing26 December 2023
Basis of Allotment27 December 2023
Initiation Refund28 December 2023
Credit to Demat Account28 December 2023
Listing Date29 December 2023
(Cut-off time for UPI mandate confirmation – 5 PM on December 26, 2023)

Supreme Power Equipment IPO details

Issue typeBook Built Issue IPO
IPO issue size₹46.67 Cr – 7,180,000 shares
Fresh Issue₹46.67 Cr – 7,180,000 shares
Offer for saleNil
Face value₹10 per share
Price Band ₹61 to ₹65 per share
Lot size2000 Shares
Market Maker portion932,000 shares
Shareholding pre-issue17,811,135
Shareholding post-issue24,991,135
Listing ExchangeNSE SME

Supreme Power Equipment IPO Lot Size

Retail (Min)12000₹130,000
Retail (Max)12000₹130,000
HNI (Min)24,000₹260,000

Supreme Power Equipment IPO Reservation Details

Investor CategoryShares 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 Financial Performance

 FY 20234M FY 2024
Net income11.085.03
(Amount in ₹ Crores)

Supreme Power Equipment Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio10.03 – 10.69
RONW (%)3.957.1659.88
ROCE (%)98.43
EBITDA (%)18.20

Company Promoters

  • Mr. Vee Rajmohan
  • Mr. K V Pradeep Kumar.

Promoter Holding

Pre Issue Share Holding79.37%
Post Issue Share Holding57.54%

Supreme Power Equipment Lead Manager(s)

201, 2nd Floor, Marble Arch, 236 B A.J.C Bose Road,
Kolkata, West Bengal- 700020, India
Phone: +91-8130678743

Supreme Power Equipment Registrar

9, Shiv Shakti Industrial Estate, J.R. Boricha Marg, Lower
Parel (East) Mumbai-400011, Maharashtra India
Phone: +91 022 2301 8261

Supreme Power Equipment Contact Details

55, SIDCO Industrial Estates, Thirumazhisai Thirumushi,
Tiruvallur, Poonamallee, Tamil Nadu, India, 600124
Phone: +91 44 26811221

Supreme Power Equipment Allotment Status

Supreme Power IPO allotment status will be available on Purva Sharegistry’s website. Click on this link to get allotment status.

Final thoughts

Supreme Power Equipment IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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