The Supertech EV IPO minimum market lot is 1200 shares with ₹1,10,400 application amount. The Supertech EV IPO is a SME IPO, and it is to be listed on BSE.
Supertech EV Limited, founded in 2022, is involved in the manufacturing of electric vehicles (EVs) in India. The company is involved in designing, developing, manufacturing, and distributing high-quality electric two-wheelers and E-rickshaws. The company offers a range of products that includes 12 models, including 8 variants of electric two-wheelers and 4 variants of E-Rickshaws. Delhi, Haryana, Punjab, Himachal Pradesh, Uttarakhand, Rajasthan, Uttar Pradesh, Gujarat, Madhya Pradesh, Jharkhand, Bihar, Maharashtra, Chhattisgarh, Odisha, Telangana, Karnataka, Andhra Pradesh, and Assam are some of the states company operates. 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 are the company’s main distributors. The company includes 115 employees as of June 30, 2024.
IPOWatch View
We recommend investors may apply for an IPO with Caution (Avoid). Investors should also look at the QIB, NII, and Retail numbers before investing.
Supertech EV IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 1.01 | 1.01 |
| NII | 0.66 | 0.65 | 1.47 |
| RII | 1.69 | 2.22 | 6.02 |
| Total | 1.12 | 1.42 | 3.61 |
Supertech EV IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Supertech EV IPO Review and Rating
- Avoid
- 1
Supertech EV IPO Form
How to apply for the Supertech EV IPO? You can apply for Supertech EV IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Supertech EV IPO in the Invest section. The other option is you can apply for Supertech EV IPO via IPO forms downloaded online. Check out the Supertech EV forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
