Supreme Power Equipment Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹30(46.15%)
Premium (ELP)
The public market debut of Supreme Power Equipment Limited's was completed on Dec 29, 2023 with its listing on the NSE exchange. The IPO process raised 71,80,000 Shares in total capital, consisting of 71,80,000 Shares in new equity.
The offering featured a price range of ₹61 to ₹65 and minimum application size of 2000 shares. Investor response during the subscription period from Dec 21, 2023 to Dec 26, 2023 influenced the final allotment ratios across investor categories.
Final allotment was announced on Dec 27, 2023, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.
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.
Founded in 1994, Supreme Power Equipment Limited specializes in making, upgrading, and refurbishing different types of transformers. Their products include: Power Transformers Distribution Transformers Windmill Transformers Isolation Transformers Solar Transformers Energy-Efficient Transformers Converter & Rectifier Transformers Isolators Generator Transformers The company supplies transformers to various industries, including public electricity utilities and wind energy projects. They have also worked with Gamesa Spain, a global company, providing transformers for solar power projects in India. Their products cover voltage ranges from 16KVA to 25MVA/110KV and capacities from 1250KVA/22KV to 6000KVA/33KV. Certified with ISO 9001:2015, Supreme Power Equipment ensures high-quality design, manufacturing, and service. Their factory, located in Thirumazhisai, Thiruvallur, Chennai, spans 17,876 sq. feet and is equipped with advanced technology to keep production efficient and cost-effective.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Mr. Vee Rajmohan
- Mr. K V Pradeep Kumar
Supreme Power Equipment Limited
Purva Sharegistry India Private Limited