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Supreme Power Equipment IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Tiruvallur and caters to Electric Equipments - Transformers sector. Narnolia Financial Services is the merchant banker of Supreme Power Equipment IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 16th October 2023.
Supreme Power Equipment IPO open date is 21st December 2023 and close date is 26th December 2023. IPO Allotment Date is 27th December 2023 and Listing date is 29th December 2023.Supreme Power Equipment IPO size is Rs 46.67 Cr. crores with IPO price of Rs 65.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Narnolia Financial Services Limited is the book-running lead manager of the Supreme Power Equipment IPO. Purva Sharegistry India Private Limited is the Registrar and Market Maker is Share India Securities Limited for Supreme Power Equipment IPO.
Supreme Power Equipment IPO anchor investors are the below investors. The number of anchor investors in this IPO is 4.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Nova Global Opportunities | 314,000.00 | ₹65.00 | ₹20,410,000.00 |
| Silver Stallion Limited | 316,000.00 | ₹65.00 | ₹20,540,000.00 |
| Vikasa India EIF | 924,000.00 | ₹65.00 | ₹60,060,000.00 |
| Zeal Global Opportunites | 316,000.00 | ₹65.00 | ₹20,540,000.00 |
Supreme Power Equipment IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Supreme Power Equipment IPO, based in Tiruvallur, operates in the Electric Equipments - Transformers sector with a focus on manufacturing, up-gradation, and refurbishment of transformers. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Supreme Power Equipment IPO size is ₹ 46.67 Cr. Crores with fresh issue size of Rs 46.67 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Supreme Power Equipment IPO is expected to be 27th December 2023, after the finalization of basis of allotment. Investors can check Supreme Power Equipment IPO allotment status on the registrars website, Purva Sharegistry India Private Limited. Supreme Power Equipment IPO refund dates are 28th December 2023.
Supreme Power Equipment IPO is expected to be listed on 29th December 2023.
The upper price band for the Supreme Power Equipment IPO is set at ₹ 65.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Supreme Power Equipment IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Supreme Power Equipment IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 26th December 2023. After submission, funds are blocked until the basis of allotment of Supreme Power Equipment IPO is finalised.
The merchant banker for Supreme Power Equipment IPO is Narnolia Financial Services Limited . Narnolia Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Supreme Power Equipment IPO RHP for further details.
The registrar for Supreme Power Equipment IPO is Purva Sharegistry India Private Limited. Investors can go to Purva Sharegistry India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Supreme Power Equipment IPO through their official website or helpline.
Supreme Power Equipment IPO was subscribed 262.60 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 46.67 Cr.
Avg IPO Size (Sector Based)
:
₹ 118.19 Cr.
Sector: Electric Equipments - Transformers
SME IPO so far:
3
Merchant Banker:
Narnolia Financial
SME IPO by BRLM so far:
47
City:
Tiruvallur
SME IPO so far:
3
Revenue (annualised):
₹ 102.87 cr.
PE
Ratio:
11.00x
Average Sector PE Ratio: 21.02x
Supreme Power Equipment IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Supreme Power Equipment Financial Review Page
Merchant Banker(s) of Supreme Power Equipment IPO: Narnolia Financial Services Limited
Supreme Power Equipment IPO subscription was 262.60 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Supreme Power Equipment IPO listed at a listing price of 98.00 against the offer price of 65.00.
The current market price of Supreme Power Equipment is 109.95.
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