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Supertech EV IPO
Price Band
₹87.0–92.0
Issue Size
₹29.9 Cr
Lot Size
1,200 shares
Min Investment
₹110,400
GMP
+₹0.5 (0.54%)
Issue Price
₹92.0
Subject to Sauda
₹500
Paid only if allotted
Supertech EV IPO AI Summary
- Supertech EV IPO is listed on BSE SME in the 2/3 Wheelers sector.
- Price band: ₹87.0–₹92.0 per share, lot size 1,200 shares (min. investment ₹110,400).
- Subscription window: 25 Jun–27 Jun 2025, listing on 02 Jul 2025.
- Current GMP is +₹0.5 (0.54%), an estimated listing price of ₹93 — unofficial and can change daily.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Supertech EV IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 27 Jun 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Supertech EV IPO Grey Market Premium (GMP) Today
GMP
+₹0.5
GMP %
+0.54%
Est. Listing
₹92.5
Updated: 25 Jul 2026 14:14
About the Company
Incorporated in 2022, Supertech EV Limited is engaged in the manufacturing of electric vehicles (EVs) in India. The company’s product portfolio includes 12 models, comprising 8 variants of electric two-wheelers and 4 variants of E-Rickshaws. Supertech EV Limited has built a distribution network of 445 distributors and has a presence across 19 states in India, including Delhi, Haryana, Punjab, Himachal Pradesh, Uttarakhand, Rajasthan, Uttar Pradesh, Gujarat, Madhya Pradesh, Jharkhand, Bihar, Maharashtra, Chhattisgarh, Odisha, Telangana, Karnataka, Andhra Pradesh, and Assam. Products: CARGO MAX – L5 E- Loader PASSENGER MAX ZAPSTER PRO As of June 30, 2024, the company employs 115 people. The company’s top distributors include Gk Autovehicles Private Limited, Aziz Automobiles, Najon Digitel, Hindustan Energysavers, Kisan Auto Mobiles, Bhupender Hari Enterprises, Supertech Auto Agency (Nangloi), Krisha Electric Vehicle, E Ashwa Automotive Pvt Ltd, EVS Tritech India, EV World Motors, Green Wheels Auto, and Electra E-Mobility. The company’s top creditors include Akash Indchi Imports & Export Co., Fengxian Enland Internation Trading Co. Ltd, Supertech Auto Agency, Yuki Electric India Private Limited, Om Steels, A. S. T. Pipes Pvt. Ltd, Eastman Auto & Power Ltd, Emercion Industries LLP, B.H. Enterprises, EVS Tritech India, Laxmi Components, Powerlink Battery Systems, and New Era Trading Co.
Company Financials (₹ Cr)
As of 2025-03-31
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 44.19 | 24.80 | 4.81 |
| Total Income | 75.19 | 65.14 | 2.38 |
| Profit After Tax | 6.19 | 5.02 | 0.06 |
| EBITDA | 9.48 | 7.39 | 0.09 |
| NET Worth | 16.90 | 9.70 | 1.07 |
| Reserves and Surplus | 7.79 | 5.19 | 0.07 |
| Total Borrowing | 12.27 | 5.52 |
Key Ratios
EPS
₹6.80
NAV
₹21.12
ROE
36.66%
ROCE
30.86%
RoNW
36.66%
P/B Value
4.36
P/E Ratio
13.53
Market Cap
₹113.70 Cr
PAT Margin
8.25%
Debt/Equity
0.73
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic |
|---|---|---|---|---|
| Delta Autocorp Limited | 47.78 | 11.5% | 16.08 | 5.49 |
| Supertech EV Limited This IPO | 18.55 | 36.66% | — | 6.82 |
Promoters
Yetender Sharma, Jitender Kumar Sharma and Geetanjali Sharma
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Working Capital Requirement. 16.50 2 Repayment of portion of certain borrowings availed by the Company. 3.00 3 General Corporate Purposes 6.84 4 Issue Expenses 3.55 Total 29.90
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹2.38 Cr in the year ending 31 Mar 2023, rising significantly to ₹65.14 Cr by 31 Mar 2024, and further increasing to ₹75.19 Cr by 31 Mar 2025.
Profit Trend
Profit after tax was ₹0.06 Cr for the year ending 31 Mar 2023, increasing to ₹5.02 Cr by 31 Mar 2024, and further rising to ₹6.19 Cr by 31 Mar 2025.
Valuation
Supertech EV Limited has an EPS of ₹6.80, which implies a P/E ratio of 13.53 at the issue price. In comparison, peers like Delta Autocorp Limited have a P/E of 16.08. This means Supertech EV is priced at roughly 13.53 trailing earnings, versus peers trading at 16.08.
Grey Market Premium, Explained
The Grey Market Premium (GMP) refers to the unofficial market where shares of an IPO are traded before they are officially listed on the stock exchange. A positive GMP indicates that the shares are expected to list at a higher price than the issue price, while a negative GMP suggests the opposite.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against the company's growth potential, market conditions, and their own investment strategy.
Who May Want to Wait
Investors who are risk-averse or prefer stable, established companies may want to avoid IPOs like this, which can be subject to high volatility and uncertainty.
Listing Gains — The Risk
Listing-day gains can be unpredictable. While some IPOs may surge on their first day of trading, others may not perform as well. Investors should be prepared for the possibility of losses and should consider their investment horizon and risk tolerance.
This evaluation is generated from Supertech EV's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Supertech EV IPO GMP today?
Supertech EV IPO GMP today is +₹0.5 (0.54%), indicating an estimated listing price of ₹93. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Supertech EV IPO?
The price band of Supertech EV IPO is ₹87.0–₹92.0 per share.
When does Supertech EV IPO open and close?
Supertech EV IPO opens on 25 June 2025 and closes on 27 June 2025.
When does Supertech EV IPO list on the stock exchange?
Supertech EV IPO listed on 02 July 2025 at ₹92.5.
What is the lot size for Supertech EV IPO?
The lot size for Supertech EV IPO is 1200 shares, requiring a minimum investment of ₹110,400.
What is the price band for Supertech EV's IPO?
The price band for Supertech EV's IPO is ₹87.0 to ₹92.0.
What is the lot size for the IPO?
The lot size for the IPO is 1200 shares.
What is the minimum investment required?
The minimum investment required is ₹110,400.
When does the IPO open and close?
The IPO opens on June 25, 2025, and closes on June 27, 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected price of the stock when it lists on the exchange.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
25 Jun 2025
Close
27 Jun 2025
Allotment
30 Jun 2025
Listing
02 Jul 2025
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