Supertech EV Limited
Bookbuilding IPO · BSE
- Price band
- ₹87 - ₹92
- Lot size
- 1,200 shares
- Issue amount
- ₹29.9 cr
- Total subscription
- 4.4×
- Opens
- 25 Jun 2025
- Closes
- 27 Jun 2025
- Allotment
- 30 Jun 2025
- Listing
- 2 Jul 2025
Offer at a glance
Issue overview
- Issue size
- 32,49,600 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,04,400
- Fresh issue
- ₹29.9 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,10,400
- Issue type
- Bookbuilding IPO
- Shares before issue
- 91,09,088
- Shares after issue
- 1,23,58,688
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,10,400 |
| HNI | 2 | 2,400 | ₹2,20,800 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 1.42 | 0 |
| RETAIL | 13.49 | 2.22 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 6.82 | 12.33 | 0.32 |
| ROE | 36.66 | 51.77 | 5.94 |
| ROCE | 47.95 | 71.79 | 8.55 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Supertech EV Limited, founded in 2022, is an Indian company focused on manufacturing electric vehicles. Its product range includes a total of 12 models—8 types of electric two-wheelers and 4 variants of E-Rickshaws. The company has quickly expanded its reach with a strong distribution network of 445 distributors, covering 19 states across the country such as Delhi, Haryana, Punjab, Rajasthan, Uttar Pradesh, Gujarat, Maharashtra, Karnataka, and others. Some of the notable products offered by the company are CARGO MAX – L5 E-Loader, PASSENGER MAX, and ZAPSTER PRO. As of June 30, 2024, Supertech EV Limited has a workforce of 115 employees. Among its key distributors are names like Gk Autovehicles Private Limited, Aziz Automobiles, Hindustan Energysavers, EV World Motors, and Electra E-Mobility. The company also works closely with several major creditors, including Akash Indchi Imports & Export Co., Yuki Electric India Private Limited, Eastman Auto & Power Ltd, and Powerlink Battery Systems.
Strengths
- Diverse EV Product Range: Offers 8 e-scooter and 4 e-rickshaw models, serving both personal and commercial needs with a focus on design, performance, and eco-efficiency.
- Strong Nationwide Network: Operates with 445 distributors in 19 states, ensuring wide market reach and consistent product availability.
- Scalable Hybrid Business Model: Combines in-house manufacturing with strategic outsourcing to maintain quality, control costs, and adapt to demand.
Risk factors
- Scaling EV Production is Challenging: Timely design, manufacturing, and launch of EVs are critical; delays can reduce competitiveness and customer trust.
- Regulatory Approval is Crucial: Missing or losing licenses and permits may disrupt operations and hurt financial performance.
- Trademark Not Registered: An unregistered logo can lead to brand misuse, legal issues, and a weaker brand identity.
Promoters
Mr. Yetender Sharma
Mr. Jitender Kumar Sharma
Ms. Geetanjali Sharma
Registrar & documents
Lead manager
Corporate Makers Capital Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. 150, Sector- 16, PhaseI, Bahadur Garh, Jhajjar, Haryana, 124507
+91-1276-462166
[email protected]Company website ↗Understanding SEVL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.