Supreme Power Equipment Limited
listed
₹1.22LMin. investment
Supreme Power Equipment Limited IPO Details
Issue size
₹46.67Cr
IPO type
SME
Price range
₹61.00 – ₹65.00
Listing date
29 Dec 2023
Lot size
2000 shares
Price range₹61.00 – ₹65.00
IPO type
SME
Lot size2000 shares
Issue size₹46.67Cr
Supreme Power Equipment Limited Timeline
- Bid start21 Dec 2023
- Bid end26 Dec 2023
- Allotment23 Dec 2023
- Release of funds28 Dec 2023
- Demat transfer27 Dec 2023
- Listing29 Dec 2023
About Supreme Power Equipment Limited
Incorporated in 1994, Supreme Power Equipment limited is currently engaged in the areas of manufacturing, up-gradation, and refurbishment of transformers ranging from Power Transformer, Generator Transformer, Windmill Transformer, Distribution Transformer, Isolation Transformer, Solar Transformer, Energy Efficient Transformer, Converter and Rectifier Transformer.
The product portfolio of the company includes
- Power Transformers
- Distribution Transformers
- Windmill Transformers
- Isolation Transformers
The majority of business take place from participating in government tenders. In addition to this, they also receive orders from private entities or parties who are in need of transformers. The process of securing business through government tenders and from private entities or parties.
They have various categories of customers, including public sector undertakings, and have a strong and cordial relationship with these clients. They are already generating a significant part of our revenue from operations by subscribing to and fulfilling government tenders. They intend to continue obtaining more tenders and expanding their business.
Supreme Power Equipment Limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives.
To meet out the capital expenditure, working capital and other expenses of the company.
Here are key details about the Supreme Power Equipment Limited IPO:
| Company Name | Supreme Power Equipment Limited | Supreme Power Equipment Limited IPO Opening Date | December 21, 2023 | |
|---|---|---|---|---|
| Company Incorporated On | 1994Supreme Power Equipment Limited IPO Price band | ₹61 to ₹65 per share |
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Supreme Power Equipment Limited Contact Details
Company NameSupreme Power Equipment Limited
How to apply for Supreme Power Equipment Limited?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.