Supertech EV IPO is a book-built issue IPO, aiming to raise ₹29.90 crore. It comprises entirely of a fresh issue of 32.50 lakh equity shares. The bidding window was open from June 25, 2025, to June 27, 2025, with the IPO allotment to be finalised on June 30, 2025. Supertech EV is scheduled to list on BSE SME on July 2, 2025.
The IPO was priced at a range of ₹87 – ₹92 per share with a lot size of 1200 shares. The public issue received bids for 1,35,82,800 shares against 30,85,600 shares available, resulting in an overall subscription of 4.40 times. Retail investors led the response, subscribing 7.06 times their quota, followed by NIIs at 2.09 times.
● Go to the application status page.
● Select "Equity and SME IPO bids".
● Choose "Supertech EV" from the Issue Name dropdown.
● Provide your Application Number or PAN.
● Click on Submit.
● Go to the application status page.
● Select "Equity" under the Issue Type.
● Choose "Supertech EV" from the Issue Name dropdown.
● Provide your Application Number or PAN.
● Click on “I am not a robot” and submit.
● Go to the registrar’s official website.
● Select "Supertech EV" from the company list.
● Enter your Client ID, Application Number, or PAN.
● Click on Submit.
Supertech EV' ₹29.90 crore IPO, priced between ₹87 – ₹92 per share, was subscribed 4.40 times overall. The IPO is an entirely a fresh issue of 32.50 lakh shares. Bidding took place from June 25 to June 27, 2025, with the Supertech EV IPO allotment status on June 30, 2025. Retail investors subscribed 7.06 and NIIs 2.09 times. Listing is expected on July 2, 2025.
The table below breaks down the Supertech EV share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
Investor Category | Shares Offered |
Market Maker Shares Offered | 1,63,200 (4.78%) |
QIB Shares Offered | 1,54,000 (4.51%) |
NII (HNI) Shares Offered | 14,65,200 (42.94%) |
Retail Shares Offered | 14,66,400 (42.98%) |
Total Shares Offered | 34,12,000 (100.00%) |
Data Source: BSE
Category | Subscription (times) |
Qualified Institutional Buyers | 1.01 |
Non-Institutional Investors | 2.09 |
Retail Individual Investors | 7.06 |
Total shares | 4.40 |
Note: The subscription details are as of June 27, 2025
Supertech EV Limited is an emerging player in India’s electric vehicle sector, originally incorporated as Supertech EV Private Limited on August 12, 2022. The company transitioned to a public limited company on December 21, 2022. On April 1, 2023, it acquired the business operations of Supertech Inc., a proprietorship firm established in 2005 and engaged in manufacturing E-Rickshaws and related components.
With this acquisition, Supertech EV Limited consolidated its operations to include both E-Rickshaw manufacturing and assembly of electric two-wheelers. While E-Rickshaw components are sourced domestically, most parts for two-wheelers in Completely Knocked-Down form are imported from China.
Supertech EV Limited has introduced 12 electric vehicle models—8 variants of electric scooters and 4 variants of E-Rickshaws. The company has established a strong distribution network with 445 distributors across 19 Indian states, including Delhi, Gujarat, Maharashtra, Assam, and Andhra Pradesh.
Focused on India’s shift toward sustainable mobility, the company designs, develops, and distributes affordable, user-friendly electric vehicles. With a rapidly growing presence and a clear mission aligned with environmental goals, Supertech EV Limited is committed to expanding its footprint in the EV market and contributing to a cleaner, greener future.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 27, 2025, 6:27 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and asset management, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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