Supertech EV IPO open date is June 25, 2025 and the IPO will close on June 27, 2025.
The company reported revenue of ₹75.19 crores and profit of ₹6.19 crores in 2025.
About Supertech EV Copmany
Incorporated: August 12, 2022 as Supertech EV Private Limited; converted to Public Limited on December 21, 2022.
Registered Office: Plot No. 150, Sector 16, Phase-I, Bahadurgarh, Jhajjar, Haryana – 124507
Major Milestones:
- 2022: Incorporation and conversion to public company.
- 2023: Acquisition of “Supertech Inc” (a proprietorship engaged in E-Rickshaw manufacturing).
- 2024: Awarded “Most Innovative Stall” at RideAsia-EV
Supertech EV IPO Details
| IPO Open Date: | June 25, 2025 |
| IPO Close Date: | June 27, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹87 to ₹92 Per Share |
| Issue Size: | Approx ₹29.90 Crores |
| Fresh Issue: | Approx ₹29.90 Crores |
| Issue Type: | Book Build Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 47.51% |
| QIB Quota: | Not more than 5.00% |
| NII Quota: | Not more than 47.47% |
Supertech EV IPO Market Lot
The Supertech EV IPO minimum market lot is 1200 shares with ₹1,10,400 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹1,10,400 |
| Retail Maximum | 1 | 1200 | ₹1,10,400 |
| S-HNI Minimum | 2 | 2400 | ₹2,20,800 |
Supertech EV IPO Dates
| IPO Open Date: | June 25, 2025 |
| IPO Close Date: | June 27, 2025 |
| Basis of Allotment: | June 30, 2025 |
| Refunds: | July 1, 2025 |
| Credit to Demat Account: | July 1, 2025 |
| IPO Listing Date: | July 2, 2025 |
Promoters of Supertech EV IPO
- Mr. Yetender Sharma,
- Mr. Jitender Kumar Sharma,
- Ms. Geetanjali Sharma.
Supertech EV IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2023 | ₹2.38 | ₹2.28 | ₹0.06 | ₹4.81 |
| 2024 | ₹65.14 | ₹58.45 | ₹5.02 | ₹24.80 |
| 2025 | ₹75.19 | ₹66.85 | ₹6.19 | ₹44.19 |
Supertech EV IPO Valuation – FY2025
Check Supertech EV IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 36.66% |
| ROCE: | 47.95% |
| EBITDA Margin: | 12.62% |
| PAT Margin: | 8.25% |
| Debt to equity ratio: | 0.73 |
| Earning Per Share (EPS): | ₹6.82 (Basic) |
| Price/Earning P/E Ratio: | [.] |
| Return on Net Worth (RoNW): | 36.66% |
| Net Asset Value (NAV): | ₹18.55 |
Peer Comparison & Valuation
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Delta Autocorp Limited | 5.49 | 16.08 | 11.50 | 47.78 | 83.18 Cr. |
Peer Metrics (not comprehensively listed in DRHP):
- Companies like Hero Electric, Ola Electric, or Greaves Electric could be considered peers.
Valuation Multiples:
- P/E (FY24) based on EPS 23.82 and expected price band: TBD.
- EV/EBITDA and P/B: Not explicitly available.
Assessment: Fairness of pricing depends on IPO band and relative peer performance metrics (not fully disclosed)
Industry & Market Overview
- The Indian EV industry (E2W and E3W) is poised for exponential growth due to:
- Government incentives and subsidies.
- Rising fuel prices and environmental concerns.
- Expansion of e-commerce boosting last-mile delivery needs.
- Challenges: Inadequate charging infrastructure, high upfront costs.
- Outlook: Strong long-term prospects with emphasis on R&D and local battery manufacturing
Objects of the Issue
- Utilization of IPO Proceeds:
- Working capital requirements.
- General corporate purposes.
- Issue expenses.
- Repayment of a portion of certain borrowings
- Note: Specific allocation amounts should be confirmed from the final offer document (not visible in the provided excerpt)
Supertech EV IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Company Address
Supertech EV Limited
Plot No. 150, Sector- 16,
PhaseI,
Bahadur Garh,
Jhajjar, Haryana, 124507
Phone: +91-1276-462166
Email: compliances@supertechev.in
Website: http://www.supertechev.in/
Supertech EV IPO FAQs
What does Supertech EV do?
It manufactures electric two-wheelers and E-Rickshaws, operating across 19 Indian states.
When Supertech EV IPO will open for subscription?
The IPO is to open on June 25, 2025 for QIB, NII, and Retail Investors. The IPO will close on June 27, 2025.
What is Supertech EV IPO Investors Portion?
The investors’ portion for QIB is 5%, NII is 47.47%, and Retail is 47.51%.
What is Supertech EV IPO Issue Size?
Supertech EV IPO issue size is ₹29.90 crores.
What is Supertech EV IPO Price Band?
Supertech EV IPO Price Band is ₹87 to ₹92.
What is Supertech EV IPO Lot Size?
The minimum bid is 1200 Shares with ₹1,10,400 amount.
What is the Supertech EV IPO Allotment Date?
Supertech EV IPO allotment date is June 30, 2025.
What is the Supertech EV IPO Listing Date?
Supertech EV IPO listing date is July 2, 2025. The IPO is to list on BSE.
Is this a profitable Supertech EV company?
Yes. FY24 net profit was ₹48.5 million after a loss in the previous year.
Where is the Supertech EV company headquartered?
Bahadurgarh, Jhajjar, Haryana.
Who are the promoters of Supertech EV company?
Mr. Jitender Kumar Sharma and Mr. Yetender Sharma.