
Supertech EV IPO description – Supertech EV, incorporated on 12 August 2022 and converted to a public company on 21 December 2022, operates in the electric vehicle (EV) segment. In April 2023, the company acquired the proprietorship concerns of Jatinder Kumar Sharma, including the running business of Supertech Inc, established in 2005 and engaged in E-Rickshaw manufacturing.
Headquartered in Haryana, Supertech EV manufactures E-Rickshaws and assembles electric two-wheelers (both high and low speed), sourcing components domestically and importing CKD kits from China. It offers 12 EV models—8 two-wheelers and 4 E-Rickshaws—and has a distribution network of 445 distributors across 19 Indian states.
In FY 2023–24, top distributors generated over INR 26 crore in revenue, led by GK Autovehicles (INR 4.86 crore). Purchases from top ten creditors totaled INR 39.89 crore, with key partners like Akash Indchi Imports and Fengxian Enland International.
Upcoming products (pending ICAT approval) include:
- Cargo Max (L5 E-Loader): 3KW motor, 1-ton capacity
- Passenger Max: Passenger transport variant
- Zapster Pro: 110 km range, 65 km/h top speed
As of 30 June 2024, Supertech EV employs 115 people, including 23 skilled/semi-skilled workers.

Promoters of Supertech EV – Mr. Yetender Sharma, Mr. Jitender Kumar Sharma & Ms. Geetanjali Sharma
Table of Contents
Supertech EV IPO Details
Supertech EV IPO Dates | 25 – 27 May 2025 |
Supertech EV Issue Price | INR 87 – 92 per share |
Fresh issue | 32,49,600 shares (INR 28.27 – 29.9 crore) |
Offer For Sale | NIL |
Total IPO size | 32,49,600 shares (INR 28.27 – 29.9 crore) |
Minimum bid (lot size) | 1,200 shares (INR 1,10,400) |
Face Value | INR 10 per share |
Retail Allocation | 35% |
Listing On | BSE SME |
Supertech EV Financial Performance
FY 2022* | FY 2023* | FY 2023 | FY 2024 | |
Revenue | 1.69 | 3.57 | 0.24 | 6.50 |
Expenses | 1.65 | 3,45 | 0.23 | 5.84 |
Net income | 0.02 | 0.08 | 0.01 | 0.49 |
*Proprietorship concern of Jatinder Kumar Sharma
Supertech EV Offer News
Supertech EV Valuations & Margins
FY 2023 | FY 2024 | |
EPS | 0.64 | 23.82 |
PE ratio | – | 3.65 – 3.86 |
RONW (%) | 5.98 | 50.93 |
NAV | 10.63 | 11.55 |
ROCE (%) | 8.75 | 73.10 |
EBITDA (%) | 4.08 | 11.47 |
Supertech EV IPO GMP Today
Supertech EV IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of 1,63,200 shares is not included in the above calculations.
Supertech EV IPO Allotment Status
Supertech EV IPO allotment status will be available on Skyline Financial Services’ website. Click on this link to get allotment status.
Supertech EV IPO Dates & Listing Performance
IPO Opening Date | 25 June 2025 |
IPO Closing Date | 27 June 2025 |
Finalization of Basis of Allotment | 30 June 2025 |
Initiation of refunds | 1 July 2025 |
Transfer of shares to demat accounts | 1 July 2025 |
IPO Listing Date | 2 July 2025 |
Opening Price on BSE SME | Coming Soon |
Closing Price on BSE SME | Coming Soon |
Supertech EV Offer Lead Manager
CORPORATE MAKERS CAPITAL LIMITED
611, 6Th Floor, Pragati Tower,
Rajendra Place, New Delhi- 110008
Phone: 011 41411600
Email: [email protected]
Website: www.corporatemakers.in
Supertech EV Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone: +91-11-40450193-197
Email: [email protected]
Website: www.skylinerta.com
SUPERTECH EV LIMITED
Plot No. 150, Sector- 16, Phase I,
Bahadur Garh, Jhajjar,
Haryana-124507
Phone: +91-1276-462166
E-mail: [email protected]
Website: www.supertechev.in
IPO FAQs
What is the Supertech EV offer size?
Supertech EV offer size is INR 28.27 – 29.9 crores.
What is the Supertech EV offer price band?
Supertech EV public offer price is INR 87 – 92 per share.
What is the lot size of the Supertech EV IPO?
Supertech EV offer lot size is 1,200 shares.
What is Supertech EV IPO GMP today?
Supertech EV IPO GMP today is NA per share.
What is the Supertech EV kostak rate today?
Supertech EV kostak rate today is INR NA per application.
What is Supertech EV IPO Subject to Sauda rate today?
Supertech EV Subject to Sauda rate today is INR NA per application.