Supreme Power Equipment Limited IPO Date, Price, GMP, Review and Best 3 IPOs to Invest

Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The Supreme Power Equipment Limited IPO is going to open soon. So I will give you complete information about Supreme Power Equipment Limited IPO here on IPO India.

On this article I will inform you about Supreme Power Equipment Limited IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.

About Supreme Power Equipment Limited

Established in 1994, Supreme Power Equipment Limited specializes in manufacturing, upgrading and refurbishing a wide range of transformers. They include power transformers, generator transformers, wind turbine transformers, distribution transformers, isolation transformers, solar transformers, energy-efficient transformers, converters and rectifier transformers. The company’s offerings include:

1. Power Transformers
2. Distribution transformers
3. Windmill Transformers
4. Insulation transformers
5. Solar Transformers
6. Energy-efficient transformers

The company has supplied transformers for various sectors, including the local public power utility and the windmill segment. The company has also supplied transformers to Gamesa Spain, a multinational company, for its solar energy projects in India. These transformers have a voltage range of 16KVA to 25MVA/110KV and a power range 1250KVA/22KV to 6000 KVA/33KV.

SEPL is ISO 9001:2015 certified for the design, manufacture, service and supply of transformers. company’s manufacturing facility is spread over and area of 17,876 square metres in Thirumazhisai, Thiruvallur Chennai. The production facilities are equipped with modern machinery and technologies, resulting in lower manufacturing costs for transformers.

Supreme Power Equipment Limited IPO GMP

About Supreme Power Equipment Limited IPO

Here is some information about Supreme Power Equipment Limited IPO which will help you in making a decision to invest in Supreme Power Equipment Limited IPO. It appears to be a book-built offer with a total value of ₹46.67 crore, including entirely a fresh issue of 71.8 lakh shares.

Summary of the key details

• Issue Size: Rs 46.67 crores
• Offer for Sale: 71.8 Lakh shares
• Subscription Period: December 21, 2023 to December 26, 2023
• Allotment Date: December 27, 2023
• Listing Date: December 29, 2023

Price Range of Supreme Power Equipment Limited IPO

• ₹61 to ₹65 per share

Lot Size of Supreme Power Equipment Limited IPO

• Minimum Lot: 2000 Shares.
• Minimum Investment for Retail Investors: ₹130,000

Minimum Lot Size Investments for Supreme Power Equipment Limited IPO

• HNI: 2 lots (4000 shares), amounting to ₹260,000.

This information provides potential investors with the details they need to participate in the Supreme Power Equipment Limited IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.

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Valuations of Supreme Power Equipment Limited IPO

Supreme Power Equipment Limited Financial Information

Promoter(s)

Company Promotor(s):-

1. Mr. Vee Rajmohan
2. Mr. K V Pradeep Kumar

If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.

Key Performance Indicator

Issue Objective(s)

• To meet out the Capital Expenditure
• To meet out the Working Capital requirements of the Company
• To meet out the General Corporate Purposes
• To meet out the Issue Expenses

Supreme Power Equipment Limited IPO Registrar

Supreme Power Equipment Limited IPO Review

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Conclusion

In conclusion, the Supreme Power Equipment Limited IPO presents a compelling investment opportunity in the field of transformer manufacturing and related solutions. Established in 1994, the company has a robust track record of producing a diverse range of transformers, including those for power distribution, wind turbines, solar energy, and more. With a state-of-the-art manufacturing facility certified under ISO 9001:2015, Supreme Power Equipment Limited ensures high-quality production, enhanced by modern machinery and technologies that contribute to cost efficiency.

The IPO, scheduled to open on December 21, 2023, and close on December 26, 2023, offers 7,180,000 shares with a price range of ₹61 to ₹65 per share. With a subscription period extending until December 26, 2023, and an expected listing date on December 29, 2023, the IPO is poised to attract attention. Potential investors should take note of the financials, valuations, and key performance indicators, such as a P/E ratio of 10.69, RoNW of 59.88%, and a post-issue shareholding of 57.54%. While the IPO’s objectives include meeting capital expenditure, working capital requirements, and general corporate purposes, investors are advised to conduct thorough research or seek professional advice before making investment decisions.

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