The Supreme Power Equipment IPO started on December 21, 2023, and ended on December 26, 2023. Shares were allocated on December 27, 2023, and refund processes began on December 28, 2023. On December 28, 2023, the shares were credited to investors demat accounts. Supreme Power Equipment was officially listed on the stock exchange on December 29, 2023.
During the IPO, Supreme Power Equipment offered shares at a price range of ₹61 to ₹65 per share, and the lot size was 2000 shares. The total issue size was ₹46.67 crores, with ₹46.67 crores from new shares. The IPO was listed on the NSE SME.
Supreme Power Equipment IPO Subscription Update Video
Supreme Power Equipment IPO Subscription Status
The Supreme Power Equipment IPO on December 26, 2023 was subscribed 262.60 times, with the retail category being subscribed 264.48 times, the NII (Non-Institutional Investor) category being subscribed 489.10 times, the QIB (Qualified-Institutional Buyers) category being subscribed 88.98 times.
| Category | Subscription |
| QIB | 88.98x |
| NII | 489.10x |
| Retail | 264.48x |
| Total | 262.60x |
Supreme Power IPO Basic Details
| Company Name | Supreme Power Equipment Limited |
| Domain of Company | Transformers Manufacturing |
| Supreme Power IPO Open Date | December 21, 2023 |
| Supreme Power IPO Close Date | December 26, 2023 |
| Supreme Power IPO Allotment Date | December 27, 2023 |
| Supreme Power IPO Listing Date | December 29, 2023 |
| Face Value | ₹10 per share |
| Price | ₹61 to ₹65 per share |
| Lot Size | 2000 Shares |
| Issue Size | 7,180,000 shares of ₹10 (aggregating up to ₹46.67 Cr) |
| Fresh Issue | 7,180,000 shares of ₹10 (aggregating up to ₹46.67 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Vee Rajmohan and Mr. K V Pradeep Kumar |
About Supreme Power Equipment Limited
Supreme Power Equipment Limited started in 1994. We make, upgrade, and fix different kinds of transformers like power transformers, generator transformers, windmill transformers, distribution transformers, isolation transformers, solar transformers, energy-efficient transformers, converters, and rectifier transformers.
Our products include:
- Power transformers
- Distribution transformers
- Windmill transformers
- Insulation transformers
- Solar transformers
- Energy-efficient transformers
- Converter and rectifier transformers
- Insulators
- Generator transformers
We’ve provided transformers to different sectors, including local public power utilities and the windmill industry. We’ve also supplied transformers to Gamesa Spain, a multinational company, for their solar energy projects in India. These transformers have a voltage range of 16KVA to 25MVA/110KV and a power range of 1250KVA/22KV to 6000 KVA/33KV.
We’re proud to be ISO 9001:2015 certified for designing, making, servicing, and supplying transformers. Our manufacturing facility in Thirumazhisai, Thiruvallur Chennai covers 17,876 square meters. We use modern machinery and technology, which helps us keep the manufacturing costs for transformers low.
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Supreme Power Equipment IPO FAQs
What is the start and end date of Supreme Power Equipment IPO Subscription?
The Supreme Power Equipment IPO started on December 21, 2023, and ended on December 26, 2023.
When does Supreme Power Equipment IPO Subscription open?
The Supreme Power Equipment IPO open on December 21, 2023.
When does Supreme Power Equipment IPO Subscription close?
The Supreme Power Equipment IPO Close on December 26, 2023.
What is the allotment date of Supreme Power Equipment IPO?
The allotment date for Supreme Power Equipment IPO is December 27, 2023.
When is the initial refund date of Supreme Power Equipment IPO?
The initial Refund date for Supreme Power Equipment IPO is December 28, 2023.
When were the shares credited to investors demat accounts for the Supreme Power Equipment IPO?
The shares for the Supreme Power Equipment IPO were credited to investors demat accounts on December 28, 2023.
When will Supreme Power Equipment IPO be listed on the stock market?
Supreme Power Equipment IPO stock market will be listed on December 29, 2023 at 10 am.
What was the price range of the Supreme Power Equipment IPO shares?
The Supreme Power Equipment IPO shares were offered at a price range of ₹61 to ₹65 per share.
What was the lot size for the Supreme Power Equipment IPO shares?
The lot size for the Supreme Power Equipment IPO shares was 2000 shares.
What was the total issue size of the Supreme Power Equipment IPO?
The total issue size of the Supreme Power Equipment IPO was ₹46.67 crores.
On which stock exchanges was the Supreme Power Equipment IPO listed?
The Supreme Power Equipment IPO was listed on the NSE SME.
What is the Supreme Power Equipment IPO Subscription Status?
Supreme Power Equipment IPO is subscribed 262.60 Times.
