Skip to main content
Supertech EV Limited
4.31xsubscribed

Supertech EV Limited

listed
₹1.04LMin. investment

Supertech EV Limited IPO Details

Price range₹87.00 – ₹92.00
IPO type
SME
Lot size1200 shares
Issue size₹29Cr

Supertech EV Limited Subscription Status

Date
QIB
NII
Retail
Total
25-Jun-25
0.0 times (X)
0.54 times (X)
1.7 times (X)
1.06 times (X)
26-Jun-25
1.01X
0.65X
2.22X
1.41X
27-Jun-25
1.01X
2.07X
6.9X
4.31X

As on 25-Jun-25, 6:08 PM

Supertech EV Limited Timeline

  1. Pre-apply
    24 Jun 2025
  2. Bid start
    25 Jun 2025
  3. Bid end
    27 Jun 2025
  4. Allotment
    30 Jun 2025
  5. Release of funds
    1 Jul 2025
  6. Demat transfer
    1 Jul 2025
  7. Listing
    2 Jul 2025

About Supertech EV Limited

Founded in 2022, Supertech EV designs, manufactures, and distributes electric 2-wheelers and E-rickshaws. As of May 31, 2025, the company offers 12 models (8 two-wheeler variants and 4 E-rickshaw variants) across 19 states through a network of 445 distributors. Its flagship product is the S-PRO electric scooter. The company’s core focus lies in the electrification of mobility in India through its diverse portfolio of electric vehicles. The top 10 distributors account for 41.43% of total revenue. The company has manufacturing facilities in Haryana, with an installed capacity of 10,500 units as of FY25, while actual production stood at 3,454 units, leading to capacity utilisation of 32.8%.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Supertech Ev Limited IPO

Working capital
55.18%
The company will use ₹16.5 crore to meet its working capital requirements.
General corporate purposes
34.70%
Part of the IPO proceeds will be used for general corporate purposes and strategic initiatives.
Repayment of borrowings
10.03%
The company will use ₹3.00 crore to repay its borrowings.

Supertech EV Limited Contact Details

Company NameSupertech EV Limited

How to apply for Supertech EV Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Supertech Ev Limited IPO FAQs