Supertech EV Limited has announced its IPO, open for subscription from June 25 to June 27, 2025. This is a 100% fresh issue of 32.50 lakh shares, aggregating to ₹29.90 crores.
The price band for the IPO is ₹87 to ₹92 per share, with a minimum IPO lot size of 1,200 shares. The IPO allotment is expected to be finalised by June 30, 2025, and the shares are likely to be listed on BSE SME on July 2, 2025.
Explore the steps to apply for the Supertech EV Limited SME IPO!
Supertech EV BSE SME IPO Timeline (Tentative)
| Event | Date |
| IPO Opening Date | June 25, 2025 |
| IPO Closing Date | June 27, 2025 |
| Allotment Date | June 30, 2025 |
| Face Value | ₹10.00 |
| Tick Size | ₹1.00 |
| Market Lot | 1200 |
| Minimum Bid Quantity | 1200 |
| Maximum Bid Quantity for Qualified Institutional Investors | 3086400 |
| Maximum Bid Quantity for Non-Institutional Investors | 2931600 |
| Refund Initiation | July 1, 2025 |
| Shares Credited | July 1, 2025 |
| Listing Date | July 2, 2025 |
Apply for Supertech EV Limited IPO with a free demat account
Supertech EV Limited: An Overview
Supertech EV Limited was incorporated in 2022. It is an electric vehicle manufacturing company in India. Its product line includes 12 EV models, which include 8 types of electric two-wheelers and 4 types of e-rickshaws.
It has a strong dealer network with 445 distributors. The company sells its vehicles across 19 Indian states, including Delhi, Haryana, Punjab, Rajasthan, Gujarat, Maharashtra, Bihar, and more.
Top distributors include:
Gk Autovehicles, Aziz Automobiles, Najon Digitel, Hindustan Energysavers, Krisha Electric Vehicle, E Ashwa Automotive, Green Wheels Auto, Electra E-Mobility, and others.
Some of its main suppliers and creditors are:
Akash Indchi Imports, Yuki Electric India, Eastman Auto & Power, A.S.T. Pipes, EVS Tritech India, Om Steels, and Powerlink Battery Systems.
Supertech EV IPO Key Details
- Supertech EV Limited IPO opening date – June 25, 2025
- Supertech EV Limited IPO closing date – June 27, 2025
- Supertech EV Limited IPO price band – ₹87 to ₹92 per share
- Supertech EV Limited IPO face value – ₹10 per share
- Supertech EV Limited IPO lot size – 1,200 shares
- Supertech EV Limited IPO minimum order quantity – 1,200 shares
- Supertech EV Limited IPO issue type – Book Building
- Supertech EV Limited IPO total issue size – 32,49,600 shares
- EV Limited IPO registrar – Skyline Financial Services Private Ltd
Supertech EV: Financial Overview
Between FY23 and FY25, the company has increased its size, sales, and profits by a significant margin in just three years.
Amount in ₹ Crore
| Financial Year | Assets | Revenue | Profit After Tax | EBITDA | Net Worth | Reserves & Surplus | Total Borrowing |
| FY 2025 | 44.19 | 75.19 | 6.19 | 9.48 | 16.90 | 7.79 | 12.27 |
| FY 2024 | 24.80 | 65.14 | 5.02 | 7.39 | 9.70 | 5.19 | 5.52 |
| FY 2023 | 4.81 | 2.38 | 0.06 | 0.09 | 1.07 | 0.07 | – |
Supertech EV Limited IPO- FAQs
Supertech EV Limited is a 2022-founded company that manufactures electric vehicles including scooters and e-rickshaws. It has a product presence in 19 Indian states with 445 distributors.
The Supertech EV IPO opens on June 25, 2025 and closes on June 27, 2025.
The minimum application size of Supertech EV IPO is 1,200 shares. This amounts to ₹1,10,400 at the cutoff price.
The price band of Supertech EV IPO is ₹87 to ₹92 per share.
The allotment of Supertech EV IPO is likely to be completed on June 30, 2025.
The shares of Supertech EV IPO are expected to be listed on BSE SME on July 2, 2025.
Corporate Makers Capital Ltd is managing the issue.
______________________________________________________________________________________
Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.