Supertech EV Limited
ListedSMEManufacturing · 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
+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 12 days ago
Overall Subscription
4.40x
Total Demand
QIB Multiplier
1.00x
Institutions & Funds
NII / HNI
2.09x
High Net-Worth
Retail (RII)
7.07x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 154,800 | 154,800 | 1.00x |
| NIB | 1,465,200 | 3,068,400 | 2.09x |
| RETAIL | 1,466,400 | 10,370,400 | 7.07x |
| Total | 3,086,400 | 13,593,600 | 4.40x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 948 | 6,702 | 7.07x |
| HNIs (10L +) | 6 | 13 | 2.09x |
| HNIs (2-10L) | 29 | 61 | 2.09x |
| Total Applications | 983 | 6,776 | 6.89x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Supertech EV Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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.
Frequently Asked Questions
What is Supertech EV Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Supertech EV Limited IPO is ₹0.5 per equity share. Based on the upper price band of ₹87 to ₹92 per equity share, the estimated listing price is ₹92.5 (+0.5% expected listing gain).
What is the expected profit per lot for Supertech EV Limited IPO?
With a lot size of 1200 shares and current GMP of ₹0.5, the expected profit per application lot is approx ₹600 (+0.5% gain). Minimum application cost is approx ₹1,10,400.
What is the issue size and price band for Supertech EV Limited IPO?
The Supertech EV Limited IPO aggregate issue size is ₹29.9 Crores with an equity price band set at ₹87 to ₹92 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,10,400.
How can I check Supertech EV Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 4.40x (Retail: 7.07x, QIB: 1.00x, NII: 2.09x). You can track live multiples directly on our dedicated subscription page.
Where and when will Supertech EV Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2025-06-30. Investors can verify status using PAN card or application number.
When is the listing date for Supertech EV Limited IPO?
Supertech EV Limited shares are scheduled to list on BSE on 2025-07-02.