
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
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹65
Band: ₹61 – ₹65
Estimated Listing Price
₹95
Upper price + GMP
Lot Size
2000 shares
Min investment ₹1,30,000
Estimated Profit / Lot
₹60,000
2000 × ₹30
Grey Market Premium trend
+₹30
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹30 | 46.1% | ₹95 |
| 30 Oct 2026 | +₹30 | 46.1% | ₹95 |
| 29 Oct 2026 | +₹27 | 41.5% | ₹92 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
The latest grey market premium for Supreme Power Equipment Limited IPO is ₹30, which indicates an expected listing price of ₹95.
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.