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 name | Supreme Power Equipment Limited |
| Sector | Capital Goods |
| Industry | Electrical Equipment |
| Company Website | https://www.supremepower.in/ |
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 date | 21 December 2023 |
| IPO Closing | 26 December 2023 |
| Basis of Allotment | 27 December 2023 |
| Initiation Refund | 28 December 2023 |
| Credit to Demat Account | 28 December 2023 |
| Listing Date | 29 December 2023 |
Supreme Power Equipment IPO details
| Issue type | Book Built Issue IPO |
| IPO issue size | ₹46.67 Cr – 7,180,000 shares |
| Fresh Issue | ₹46.67 Cr – 7,180,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Price Band | ₹61 to ₹65 per share |
| Lot size | 2000 Shares |
| Market Maker portion | 932,000 shares |
| Shareholding pre-issue | 17,811,135 |
| Shareholding post-issue | 24,991,135 |
| Listing Exchange | NSE SME |
Supreme Power Equipment IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹130,000 |
| Retail (Max) | 1 | 2000 | ₹130,000 |
| HNI (Min) | 2 | 4,000 | ₹260,000 |
Supreme Power Equipment IPO Reservation Details
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 1,870,000 (26.04%) |
| Market Maker Shares Offered | 932,000 (12.98%) |
| QIB Shares Offered | 1,250,000 (17.41%) |
| NII (HNI) Shares Offered | 940,000 (13.09%) |
| Retail Shares Offered | 2,188,000 (30.47%) |
| Total Shares Offered | 7,180,000 (100%) |
Supreme Power Equipment Financial Performance
| FY 2023 | 4M FY 2024 | |
| Revenue | 99.76 | 39.26 |
| Expenses | 84.59 | 32.34 |
| Net income | 11.08 | 5.03 |
Supreme Power Equipment Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 0.15 | 0.29 | 6.08 |
| PE ratio | – | – | 10.03 – 10.69 |
| RONW (%) | 3.95 | 7.16 | 59.88 |
| NAV | 16.97 | 18.28 | 45.62 |
| ROCE (%) | – | – | 98.43 |
| EBITDA (%) | – | – | 18.20 |
| Debt/Equity | – | – | 1.11 |
Company Promoters
- Mr. Vee Rajmohan
- Mr. K V Pradeep Kumar.
Promoter Holding
| Pre Issue Share Holding | 79.37% |
| Post Issue Share Holding | 57.54% |
Supreme Power Equipment Lead Manager(s)
NARNOLIA FINANCIAL SERVICES LIMITED
201, 2nd Floor, Marble Arch, 236 B A.J.C Bose Road,
Kolkata, West Bengal- 700020, India
Phone: +91-8130678743
Email: pankaj.passi@narnolia.com
Website: www.narnolia.com
Supreme Power Equipment Registrar
PURVA SHAREGISTRY (INDIA) PRIVATE LIMITED
9, Shiv Shakti Industrial Estate, J.R. Boricha Marg, Lower
Parel (East) Mumbai-400011, Maharashtra India
Phone: +91 022 2301 8261
Email: support@purvashare.com
Website: www.purvashare.com
Supreme Power Equipment Contact Details
SUPREME POWER EQUIPMENT LIMITED
55, SIDCO Industrial Estates, Thirumazhisai Thirumushi,
Tiruvallur, Poonamallee, Tamil Nadu, India, 600124
Phone: +91 44 26811221
E-mail: cs@supremepower.in
Website: www.supremepower.in
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
