
Manufacturing · BSE
Supertech EV Limited, founded in 2022, is an Indian company focused on manufacturing electric vehicles. Its product range includes a total of 12 models—8 types of electric two-wheelers and 4 variants of E-Rickshaws. The company has quickly expanded its reach with a strong distribution network of 445 distributors, covering 19 states across the country such as Delhi, Haryana, Punjab, Rajasthan, Uttar Pradesh, Gujarat, Maharashtra, Karnataka, and others. Some of the notable products offered by the company are CARGO MAX – L5 E-Loader, PASSENGER MAX, and ZAPSTER PRO. As of June 30, 2024, Supertech EV Limited has a workforce of 115 employees. Among its key distributors are names like Gk Autovehicles Private Limited, Aziz Automobiles, Hindustan Energysavers, EV World Motors, and Electra E-Mobility. The company also works closely with several major creditors, including Akash Indchi Imports & Export Co., Yuki Electric India Private Limited, Eastman Auto & Power Ltd, and Powerlink Battery Systems.
Price Band
₹87 – ₹92
Issue Size
₹29.90 Cr
Lot Size
1200 shares
GMP
+0.5%
Est. Listing
₹92.5
at current GMP
Subscribed
4.40x
overall
Open
25 Jun 2025
Close
27 Jun 2025
Allotment
30 Jun 2025
Refund
1 Jul 2025
Demat Credit
2 Jul 2025
Listing
2 Jul 2025
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹92
Band: ₹87 – ₹92
Estimated Listing Price
₹92.5
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,10,400
Estimated Profit / Lot
₹600
1200 × ₹0.5
Grey Market Premium trend
+₹0.5
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹0.5 | 0.5% | ₹92.5 |
| 30 Oct 2026 | +₹0.5 | 0.5% | ₹92.5 |
| 29 Oct 2026 | — | 0.5% | ₹92 |
GMP is unofficial market data. Not a guarantee of listing performance.
Supertech EV Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹29.9 Crores. The shares are offered at a price band of ₹87 to ₹92 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-06-27, the basis of allotment is scheduled to be finalized on 2025-06-30. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
The latest grey market premium for Supertech EV Limited IPO is ₹0.5, which indicates an expected listing price of ₹92.5.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.