
Emerging SME Services · NSE
Founded in 1994, Supreme Power Equipment Limited specializes in making, upgrading, and refurbishing different types of transformers. Their products include: Power Transformers Distribution Transformers Windmill Transformers Isolation Transformers Solar Transformers Energy-Efficient Transformers Converter & Rectifier Transformers Isolators Generator Transformers The company supplies transformers to various industries, including public electricity utilities and wind energy projects. They have also worked with Gamesa Spain, a global company, providing transformers for solar power projects in India. Their products cover voltage ranges from 16KVA to 25MVA/110KV and capacities from 1250KVA/22KV to 6000KVA/33KV. Certified with ISO 9001:2015, Supreme Power Equipment ensures high-quality design, manufacturing, and service. Their factory, located in Thirumazhisai, Thiruvallur, Chennai, spans 17,876 sq. feet and is equipped with advanced technology to keep production efficient and cost-effective.
Price Band
₹61 – ₹65
Issue Size
₹46.67 Cr
Lot Size
2000 shares
GMP
+46.1%
Est. Listing
₹95
at current GMP
Subscribed
262.80x
overall
Open
21 Dec 2023
Close
26 Dec 2023
Allotment
27 Dec 2023
Refund
28 Dec 2023
Demat Credit
29 Dec 2023
Listing
29 Dec 2023
Designated Registrar: Purva Sharegistry India Pvt Ltd
Allotment Date
27 Dec 2023
Basis finalization
Refunds Initiate
28 Dec 2023
Mandate release
Demat Credit
29 Dec 2023
Shares in demat
Listing Debut
29 Dec 2023
Trading begins
Supreme Power Equipment Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹46.67 Crores. The shares are offered at a price band of ₹61 to ₹65 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,30,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Purva Sharegistry India Pvt Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-12-29, while un-allotted funds or UPI block mandates will be released on 2023-12-28.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.