The Supertech EV IPO is scheduled to open on June 25, 2025, and will close on June 27, 2025. It is a Book Built Issue, through which the company aims to raise approximately ₹29.90 crores, consisting of a fresh issue of ₹29.90 crores and an offer for sale of up to [.] equity shares with a face value of ₹10 each.

The IPO price band is set between ₹87 and ₹92 per share. The share allocation includes 47.51% for retail investors, 5.00% for Qualified Institutional Buyers (QIB), and 47.47% for High Net-Worth Individuals (HNI). The shares are expected to be listed on the BSE on July 2, 2025, with the allotment date scheduled for June 30, 2025.

From a financial standpoint, the company recorded revenue of ₹75.19 crores in 2025, up from ₹65.14 crores in 2024. Net profit also increased to ₹6.19 crores in 2025 compared to ₹5.02 crores the previous year. Based on this performance, the IPO appears to be a strong candidate for long-term investment.

About Supertech EV IPO

Supertech EV Limited, established in 2022, is engaged in the manufacturing of electric vehicles (EVs) in India. The company focuses on the design, development, production, and distribution of high-quality electric two-wheelers and E-rickshaws. Its product portfolio comprises 12 models, which include 8 variants of electric two-wheelers and 4 variants of E-Rickshaws.

The company operates across several Indian states, including Delhi, Haryana, Punjab, Himachal Pradesh, Uttarakhand, Rajasthan, Uttar Pradesh, Gujarat, Madhya Pradesh, Jharkhand, Bihar, Maharashtra, Chhattisgarh, Odisha, Telangana, Karnataka, Andhra Pradesh, and Assam. Supertech EV's main distribution partners include GK Autovehicles Private Limited, Aziz Automobiles, Najon Digitel, Hindustan Energysavers, Kisan Auto Mobiles, Bhupender Hari Enterprises, Supertech Auto Agency (Nangloi), Krisha Electric Vehicle, E Ashwa Automotive Pvt Ltd, EVS Tritech India, EV World Motors, Green Wheels Auto, and Electra E-Mobility. As of June 30, 2024, the company employs 115 staff members.

Objects of the Issue (JNK India IPO Objectives)

• Working capital requirement.
• Repayment of portion of certain borrowings availed by the Company.
• General corporate purposes.
• Issue Expenses.

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Supertech EV IPO Company Financial Report

Supertech EV IPO Company Financial Report