Supreme Power Equipment Limited's upcoming IPO, scheduled from December 21st to December 26th, 2023, marks an opportunity to invest in a company specializing in various transformer types. This IPO involves a fresh issue of 7,180,000 shares, valued at Rs. 46.67 crores, with allotment on December 27th and listing on December 29th on stock exchanges. The price band per share ranges between Rs. 61 to Rs. 65, with a lot size of 2000 shares. Narnolia Financial Services Limited acts as the book-running lead manager, while Purva Sharegistry India Private Limited serves as the registrar for this IPO.
Established in 1994, Supreme Power Equipment Limited specializes in producing diverse transformer variants, encompassing manufacturing, upgrade, and refurbishment services. Their extensive product line spans Power, Generator, Windmill, Distribution, Isolation, Solar, Energy Efficient, Converter, and Rectifier Transformers.
These transformers find application across industries, ensuring optimal transmission and distribution of electrical power. The company prides itself on ISO 9001:2015 and ISO 14001:2015 certifications, highlighting its commitment to maintaining superior product quality and environmental standards. With a robust portfolio and stringent quality measures, Supreme Power Equipment remains a key player in the transformer industry, catering to various sectors' power needs.
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Supreme Power Equipment Limited is gearing up for its IPO scheduled to be available for subscription from December 21st to December 26th, 2023. Allocation of shares is set for December 27th, 2023, with the IPO slated for listing on the stock exchanges on December 29th, 2023.
IPO Opening Date: The IPO subscription for Supreme Power Equipment Limited begins on Thursday, December 21, 2023.
IPO Closing Date: Investors can subscribe to the IPO until Tuesday, December 26, 2023.
Basis of Allotment: The basis of allotment for the IPO will be determined on Wednesday, December 27, 2023.
Initiation of Refunds: Refunds for the IPO will be initiated starting Thursday, December 28, 2023.
Credit of Shares to Demat: Share allotments will be credited to Demat accounts on Thursday, December 28, 2023.
Listing Date: Supreme Power Equipment Limited's IPO is set to be listed on Friday, December 29, 2023.
Cut-off Time for UPI Mandate Confirmation: The deadline for confirming UPI mandates is 5 PM on December 26, 2023, ensuring timely processing for interested investors.
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| IPO Date | 21st to 26th December 2023 |
| Listing Date | 29th December 2023 |
| Face Value | Rs. 10 per share |
| Price Band | Rs. 61 to Rs. 65 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 7,180,000 shares (aggregating up to Rs. 46.67 Cr) |
| Fresh Issue | 7,180,000 shares (aggregating up to Rs. 46.67 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 17,811,135 |
| Share holding post issue | 24,991,135 |
| Market Maker portion | 932,000 shares |
| Period Ended | 31 Jul 2023 | 31 Mar 2023 |
| Assets | 9,187.16 | 6,901.04 |
| Revenue | 3,927.61 | 9,990.85 |
| Profit After Tax | 503.16 | 1,107.88 |
| Net Worth | 2,298.26 | 1,805.69 |
| Reserves and Surplus | 1,902.46 | 1,409.89 |
| Total Borrowing | 2,153.82 | 1,999.74 |
| Amount in Rs. Lakhs | ||
What is Supreme Power Equipment IPO?
The Supreme Power Equipment IPO represents 7,180,000 equity shares valued at Rs. 10 each, totaling Rs. 46.67 Crores. Priced between Rs. 61 to Rs. 65 per share, the minimum order quantity stands at 2000 shares. Commencing on December 21, 2023, the IPO concludes on December 26, 2023.
When Supreme Power Equipment IPO will open for apply?
The Supreme Power Equipment IPO is scheduled to open for application on December 21, 2023.
What are the minimum lot size and investment needed for participating in the Supreme Power Equipment IPO?
The Supreme Power Equipment IPO mandates a minimum lot size of 2000 shares, necessitating an investment totaling Rs. 1,22,000.
When is Supreme Power Equipment IPO allotment date?
The allotment date for the Supreme Power Equipment IPO is expected to be finalized on Wednesday, December 27, 2023.
What is the Supreme Power Equipment IPO listing date?
The Supreme Power Equipment IPO is anticipated to be listed on the NSE SME platform with a tentative listing date set for Friday, December 29, 2023.
What is the price band of Supreme Power Equipment IPO?
The price band for the Supreme Power Equipment IPO is set between Rs. 61 to Rs. 65 per share.
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