Supreme Power Equipment LTD SME IPO Details and GMP Price

Here is a full brief of Supreme Power Equipment LTD SME IPO and its GMP details. Keep visiting daily for important dates and Daily GMP prices. You can bid for this IPO between 21 Dec to 26 Dec 2023. You can apply through a minimum amount of ₹130000, 2000 shares (1 Lot) and between the price range of ₹61 to ₹65.

COMPANY OVERVIEW

Supreme Power Equipment Ltd. was established in 2015 and is engaged in the manufacture, refurbishment, and repair of various transformers, including power transformers, generator transformers, distribution transformers, isolation transformers, and others.

Power Transformers are used across various sectors and industries to facilitate efficient transmission and distribution of electrical power.

Promotors

  • Mr. Vee Rajmohan, who is 52 years old, is the “Promoter” of the company. He has more than 30 years of experience in the business field. With his extensive and storied career, Mr. Rajmohan has gained a deep understanding of electrical transformers, including their manufacturing and applications.
  • Mr. K V Pradeep Kumar is a Technocrat who has been working in the field for over 30 years. He is the Promoter and “Whole Time Director” of the company. Mr. Kumar has extensive experience in handling Power Transformers, including those up to 100MVA/230KV.

THE ISSUE:

The company is offering 67,56,000 fresh equity shares.

IPO Issue Size – ₹46.67 Cr

Minimum Investment – ₹130000

QIB – Not Specified

NII (HNI) – Not Specified

Retail – Not Specified

Supreme Power Equipment LTD IPO IMPORTANT DATES

Opening Date21st Dec 2023
Closing Date26th Dec 2023
Allocation Date27th Dec 2023
Refund Initiation Date28th Dec 2023
Demat Transfer Date28th Dec 2023
IPO Listing Date29th Dec 2023
Issue Price₹33- ₹35 Per Share
Lot Size4000 shares
Face Value₹10 Per Share
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PURPOSE FOR THE IPO:

The company is required to use funds for the following reasons:

  • Capital Expenditure
  • Working Capital Requirements of the Company.
  • General Corporate Purposes and
  • Expenses.

Supreme Power Equipment LTD IPO FINANCIAL INFO:

Period31 Mar 202331 Mar 202231 Mar 2021
Total Assets140.6964.9332.76
Revenue632.1663.5833.28
Profit After Tax7.053.762.99
Total Borrowing32.1324.7610.70
Amount in ₹ Crore

The prices shown here are for informational purposes only. We do not deal in grey market transactions, provide sub2 rates, or recommend trading in the grey market.

After Reviewing this IPO, we give it 5 stars as all factors look good, but it’s your money; think and take advice from financial experts before applying.

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