IPO Synopsis

Supreme Power Equipment Ltd
Registered Office: 55 SIDCO Industrial Estate,Thirumazhisai Tiruvallur,Poonamalle-600124, Tamil Nadu
Tel. No: +91 44 2681 1221
Fax No:
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 Money Payable On
Opens On Closes On Application Allotment
21-Dec-2023 26-Dec-2023 ₹65.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of :2000
(₹ Cr) Lead Managers to the Issue
Project Cost 43.92 Narnolia Financial Services Ltd
Project Financed through Current Offer 46.67
Post Issue Equity Share Capital 24.99
Issue Price 65.00
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