Supertech EV IPO Record: Electrical two-wheelers and e-rickshaw-making supertech EV stocks had been entered on this kind of massive bargain these days that despite the fact that the stocks reached the higher circuit, despite the fact that the IPO buyers can be in sturdy losses these days. Its IPO won greater than 4 occasions the whole. Stocks were issued at a value of ₹ 92.00 underneath IPO. Nowadays, it has entered ₹ 73.60 on BSE SME, this is, IPO buyers didn’t get any list beneficial properties however their capital reduced by means of 20%. IPO buyers had been additional stunned when stocks had been additional damaged. It broke down at the decrease circuit of ₹ 69.92 (Supertech Ev Proportion Worth) i.e. IPO buyers are actually 24.00% loss. The higher circuit degree of five% of that is at ₹ 77.26, which is 16.02% drawback from IPO worth.
How you can spend the cash from SuperTech Ev IPO
Supertech EV’s ₹ 29.90 crore IPO used to be opened for subscription from June 25-27. This IPO won just right reaction from buyers and total it used to be 4.40 occasions subscribed. It integrated 1.01 occasions the reserved a part of certified institutional patrons (QIB), 2.09 occasions the percentage of non-institutional buyers (NII), 7.06 occasions the percentage of retail buyers. Below this IPO, 32,49,600 new stocks with face price of ₹ 10 were issued. Out of those stocks, ₹ 16.50 crore operating capital wishes, paying ₹ 3 crore mortgage and the rest cash can be spent on not unusual company targets and enjoy associated with IPO.
About Supertech Ev
Supertech makes EV in India within the 12 months 2022. Its product portfolio has 12 fashions, out of which 8 variants are electrical two-wheelers and four variants of e-rickshaws. It has 445 vendors in 19 states of the rustic. Its merchandise are Shipment Max-L5 e-loader, passenger Max and Zapster Professional. Speaking concerning the monetary well being of the corporate, it’s been strongly reinforced. In FY 2022, it had made a web benefit of ₹ 6 lakh, which jumped in FY 2023 to ₹ 5.02 crore and in FY 2024 to ₹ 6.19 crore. All over this time the corporate’s earnings higher on the velocity of rocket. It won a earnings of ₹ 2.38 crore in FY 2023, which reached ₹ 65.14 crore in FY 2024 and ₹ 75.19 crore in FY 2025. All over this era, the running benefit additionally rose from ₹ 9 lakh in FY 2023 and seven.39 crores in FY 2024 to 9.48 crores in FY 2025.
Disclaimer: Right here knowledge supplied is being given just for knowledge. It will be important to say right here that the funding marketplace available in the market is matter to dangers. At all times seek the advice of mavens ahead of making an investment cash as an investor. There’s by no means recommendation to someone to take a position cash on behalf of Moneycontrol.