Supertech EV Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹0.5(0.54%)
Premium (ELP)
Following its successful public offering, Supertech EV Limited's made its market debut on Jul 02, 2025 and is now actively traded on the BSEplatform. The IPO mobilized 32,49,600 Shares in total capital, including 32,49,600 Shares in primary equity infusion.
The offering was structured with a price band of ₹87 to ₹92 and minimum investment lots of 1200 shares. Investor participation during the subscription window from Jun 25, 2025 to Jun 27, 2025 demonstrated market confidence in the company's prospects.
The allotment process concluded on Jun 30, 2025, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
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.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- 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.
- 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.
- Mr. Yetender Sharma
- Mr. Jitender Kumar Sharma
- Ms. Geetanjali Sharma
Supertech EV Limited
Skyline Financial Services Private Limited