IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Supreme Power Equipment Ltd

Registered Office : 55 SIDCO Industrial Estate,Thirumazhisai Tiruvallur,Poonamalle Tamil Nadu 600124 Phone : +91 44 2681 1221
Fax :

Email : cs@supremepower.in

Website : www.supremepower.in

Initial public offering up to 71,80,000 equity shares of Rs. 10/- each ("Equity Shares") of Supreme Power Equipment Limited ("SPEL" or the "Company") for cash at a price of Rs. 65/- per equity share (the "Issue Price"), aggregating to Rs. 46.67 crores ("The Issue"). Out of the issue, 9,32,000 equity shares aggregating to Rs. 6.06 crores will be reserved for subscription by market maker ("Market Maker Reservation Pportion"). The issue less the market maker reservation portion i.e. issue of 62,48,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 65/- per equity share aggregating to Rs. 40.61 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 28.73% and 25.00%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the floor price and cap price are 6.1 times and 6.5 times of the face value of the equity shares, respectively.

Issue

Opens On

Closes On

21-Dec-2023

26-Dec-2023

Money Payable On

Application

Allotment

65.00

0.00

Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

43.92

46.67

24.99

65.00

Narnolia Financial Services Ltd

Projects

Capital Expenditure

Working Capital Requirement

General Corporate Purposes

Promoted By

Vee Rajmohan

K V Pradeep Kumar

Listing At

NSE - SME

Registrar to the Issue

Purva Sharegistry (I) Pvt Ltd