Supertech EV Ltd - IPO

Supertech EV Ltd IPO Details

Initial public issue of upto 32,49,600 equity shares of face value of Rs. 10/- each of Supertech EV Limited (SEL or the Company or the Issuer) for cash at a price of Rs. 92 per equity share including a share premium of Rs. 82 per equity share (the Issue Price) aggregating to Rs. 29.90 crores (The Issue), of which 1,63,200 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 92 per equity share including a share premium of Rs. 82 per equity share aggregating to Rs. 1.50 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The public issue less the market maker reservation portion i.e. net issue of 30,86,400 equity shares of face value of Rs. 10/- each at a issue price of Rs. 92 per equity share including a share premium of Rs. 82 per equity share aggregating to Rs. 28.40 crores is herein after referred to as the Net Issue. The public issue and the net issue will constitute 26.29% and 24.97% respectively of the post issue paid up equity share capital of the company.

Objective of issue

To meet working capital requirement. To Repay portion of certain borrowings availed by the company. General corporate purposes.

Supertech EV Ltd Contact Details

Supertech EV Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 91-11-26812682

Fax - 91-11-30857562

Email - compliances@supertechev.in

Website - www.supertechev.in