
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
Overall Subscription
262.80x
Total Demand
QIB Multiplier
88.98x
Institutions & Funds
NII / HNI
490.09x
High Net-Worth
Retail (RII)
264.45x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,250,000 | 111,222,000 | 88.98x |
| NIB | 940,000 | 460,684,000 | 490.09x |
| RETAIL | 2,188,000 | 578,624,000 | 264.45x |
| Total | 4,378,000 | 1,150,530,000 | 262.80x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,257 | 332,414 | 264.45x |
| HNIs (10L +) | 8 | 3,921 | 490.09x |
| HNIs (2-10L) | 38 | 18,623 | 490.09x |
| Total Applications | 1,303 | 354,958 | 272.42x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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 (GMP) for Supreme Power Equipment Limited IPO is ₹30 per equity share. Based on the upper price band of ₹61 to ₹65 per equity share, the estimated listing price is ₹95 (+46.1% expected listing gain).
With a lot size of 2000 shares and current GMP of ₹30, the expected profit per application lot is approx ₹60,000 (+46.1% gain). Minimum application cost is approx ₹1,30,000.
The Supreme Power Equipment Limited IPO aggregate issue size is ₹46.67 Crores with an equity price band set at ₹61 to ₹65 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,30,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 262.80x (Retail: 264.45x, QIB: 88.98x, NII: 490.09x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Purva Sharegistry India Pvt Ltd) and the BSE status verification website on or around 2023-12-27. Investors can verify status using PAN card or application number.
Supreme Power Equipment Limited shares are scheduled to list on NSE on 2023-12-29.