Supreme Power Equipment IPO
IPO Details
- Open Date
21 Dec 2023
- Close Date
26 Dec 2023
- IPO Price Range
₹ 61 to ₹ 65
- IPO Size
₹ 43.80 - 46.67 Cr
- Listing Exchange
NSE SME
- Listing Date
29 Dec 2023
IPO Timeline
Supreme Power Equipment IPO Subscription Status
Date | QIB | NII | Retail | TOTAL |
---|---|---|---|---|
21-Dec-23 | 1.01 | 3.50 | 13.55 | 7.81 |
22-Dec-23 | 1.05 | 14.70 | 38.33 | 22.61 |
26-Dec-23 | 88.98 | 489.10 | 264.47 | 262.59 |
Last Updated: 03 January 2024 8:57 PM by 5Paisa
Supreme Power Equipment Limited IPO is all set to open from 21st December to 26th December 2023. The company is involved in the business of manufacturing different types of transformers. The IPO includes a fresh issue of 7,180,000 shares worth ₹46.67 cr. The share allotment date is 27th December, and the IPO will be listed on 29th December on the stock exchanges. The price band is ₹61 to ₹65 per share and the lot size is 2000 shares.
Narnolia Financial Services Limited is the book-running lead manager for this IPO, while Purva Sharegistry India Private Limited is the registrar.
Objectives of Supreme Power Equipment IPO:
Supreme Power Equipment Limited plans to utilize the raised capital from the IPO to:
● To fund working capital expenditure and working capital requirements.
● General corporate purposes.
● For public issue-related expenses.
Incorporated in 1994, Supreme Power Equipment Limited is in the business of manufacturing different types of transformers. The company undertakes manufacturing, up-gradation, and refurbishment of transformers.
Supreme Power Equipment’s product range includes Power Transformer, Generator Transformer, Windmill Transformer, Distribution Transformer, Isolation Transformer, Solar Transformer, Energy Efficient Transformer, Converter and Rectifier Transformer.
The company’s transformers are used in various industries for efficient transmission and distribution of electrical power. It is also ISO 9001:2015 and ISO 14001:2015 certified for product quality.
Peer Comparison
● TD Power System Limited
● Transformers & Rectifiers Limited
● Indo Tech Transformers Limited
● VoltAmp Transformers Limited
For More Information:
Supreme Power Equipment IPO GMP
Webstory on Supreme Power Equipment IPO
Know About Supreme Power Equipment IPO
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Revenue from operations | 75.53 | 46.60 | 35.35 |
EBITDA | 13.17 | 3.44 | 2.67 |
PAT | 10.82 | 0.52 | 0.27 |
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Total Assets | 47.51 | 33.35 | 33.29 |
Share Capital | 3.96 | 3.96 | 3.96 |
Total Borrowings | 29.45 | 26.12 | 26.58 |
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Net cash generated from / (used in) operating activities | 4.45 | -1.31 | 5.71 |
Net cash from / (used in) investing activities | -2.30 | 0.078 | 0.087 |
Net cash flow from / (used in) financing activities | -2.44 | -1.14 | -3.35 |
Net increase (decrease) in cash and cash equivalents | -0.29 | -2.37 | 2.45 |
Strengths
1. The company has a strong customer base including public sector undertakings.
2. Its products are highly crafted and well-engineered.
3. The team is well equipped with qualified operators to handle processes efficiently.
4. It has a wide product offering.
5. The company ensures quality assurance.
6. Its manufacturing facilities are well-equipped.
7. It also has a great marketing team and an experienced management team.
Risks
1. The company has reported negative cash flows in the past.
2. It generates a significant portion of revenue from government contracts.
3. A majority of the revenue comes from Tamil Nadu.
4. Higher working capital requirements.
5. It operates in a highly competitive market.
6. It is subject to foreign exchange control regulations.
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FAQs
The minimum lot size of Supreme Power Equipment IPO is 2000 shares and the investment required is ₹1,22,000.
The price band of Supreme Power Equipment IPO is ₹61 to ₹65 per share.
Supreme Power Equipment IPO opens from 21st December to 26th December 2023.
The size of Supreme Power Equipment IPO is ₹46.67 cr.
The share allotment date of Supreme Power Equipment IPO is 27th December 2023.
The Supreme Power Equipment IPO will be listed on 29th December 2023.
Narnolia Financial Services Limited is the book-running lead manager for Supreme Power Equipment IPO.
Supreme Power Equipment Limited plans to utilize the raised capital from the IPO to:
1. To fund working capital expenditure and working capital requirements.
2. General corporate purposes.
3. For public issue-related expenses.
To apply for Supreme Power Equipment IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Supreme Power Equipment Limited IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
● You will receive a mandate notification to block funds in your UPI app.
Contact Information
Supreme Power Equipment
Supreme Power Equipment Limited
55, SIDCO Industrial Estates
Thirumazhisai Thirumushi,
Tiruvallur, Poonamallee, 600124
Phone: +91 44 26811221
Email: cs@supremepower.in
Website: https://www.supremepower.in/
Supreme Power Equipment IPO Register
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: https://www.purvashare.com/queries/
Supreme Power Equipment IPO Lead Manager
Narnolia Financial Services Ltd
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