Supertech EV BSE SME

Supertech EV SME : Check IPO Date, Live Subscription and Key Details

Supertech EV Limited is an electric vehicle (EV) company focused on manufacturing and assembling electric 2-wheelers (e-scooters) and E-Rickshaws, driving India's shift toward electric mobility. The company's product lineup includes 12 models: 8 electric 2-wheeler variants and 4 E-Rickshaw variants, with popular models like ZAPSTER, PILOT, and LOAD KING, and upcoming launches like CARGO MAX – L5 E-Loader, PASSENGER MAX, and ZAPSTER PRO (pending ICAT certification).

Price Range
₹87.00-92.00
Issue Size
₹28.39 Cr
Lot Size
1,200 shares
IPO Type
NSE SME
GMP
₹0.5(+0.54%)
Est. Listing Price
₹92.5
Estimate Profit
₹1,200
Retail Portion
-

Key Metrics

GMP
Face Value
₹10
EPS
3.93
P/E Ratio
23.44
RoNW
36.66%
ROE
36.66%
Debt to Equity
0.73
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Timeline

IPO Opens

25 Jun

IPO Closes

27 Jun

Allotment

30 Jun

Listing

2 Jul

IPO Timeline & Listing Details

EventDate
IPO Open Date25 June 2025
IPO Close Date27 June 2025
Allotment Date30 June 2025
Listing Date2 July 2025

Investment Categories

CategoryLotsAmount
Individual
2₹2,20,800
SHNI (Min)
3₹3,31,200
SHNI (Max)
9₹9,93,600
BHNIAbove ₹10,00,000
10₹11,04,000

IPO Objectives

  • Working capital requirement.
  • Repayment of portion of certain borrowings availed by the Company.
  • General corporate purposes.
  • Issue Expenses.

Strengths

  • Diverse product portfolio with 12 EV models (8 E-scooters and 4 E-rickshaws), catering to various transportation needs and market segments.
  • Strong B2B distribution network with 445 distributors across 19 states in India, providing widespread reach and market penetration.
  • Flexible and scalable business model combining in-house manufacturing (e.g., E-Rickshaw production and assembly in Haryana) with an agile supply chain that utilizes both imported CKD kits and locally sourced components.
  • Experienced leadership team with 19–24 years of domain expertise in the EV industry, manufacturing, sales, and operations.
  • ISO 9001:2015 certified quality assurance systems, ensuring adherence to quality standards in manufacturing and assembly.

Weaknesses

  • Relatively new company (incorporated in 2022) with a limited operational track record as a publicly listed entity, which may make it difficult for investors to assess long-term performance.
  • High reliance on imported CKD kits from China for electric 2-wheelers, exposing the company to supply chain disruptions, geopolitical risks, and currency fluctuations.
  • Dependence on a limited number of suppliers for raw materials and components (top 10 suppliers contributed over 50% of purchases in FY25), which could lead to supply shortages or price volatility.
  • Intense competition in the rapidly evolving EV sector from both established players and new entrants, which could lead to pricing pressures and impact market share.
  • The success of the company depends on its ability to successfully develop, introduce, manufacture, market, and deliver new EV models of high quality on schedule and on a large scale, which may expose it to increased challenges and risks.
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Financial Performance

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets (₹ Cr.)44.1924.84.81
Revenue (₹ Cr.)75.1965.142.38
PAT (₹ Cr.)6.195.020.06
Net Worth (₹ Cr.)16.99.71.07

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3
QIB0x1.01x1.01x
NII0.66x0.65x2.09x
RII1.69x2.22x6.96x
Total1.12x1.42x4.35x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB1,54,0001,54,8001.42
NII14,65,20030,68,40028.23
RII14,66,4001,02,00,00093.84
Total30,85,6001,34,23,200123.49
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Company Details

  • Supertech EV Limited
  • Plot No. 150, Sector-16, Phase-I, Bahadurgarh, Jhajjar, Haryana-124507, India
  • +91-1276-462166
  • compliances@supertechev.in
  • http://www.supertechev.in/

Registrar Details

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