Supreme Power Equipment IPO
Supreme Power Equipment Limited
₹1,22,000 /2000 sharesMinimum Investment
Supreme Power Equipment IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
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21 Dec ‘23 - 26 Dec ‘23 | ₹1,22,000 | 2,000 | ₹61 - ₹65 |
Established on June 21, 2005, Supreme Power Equipment is involved in the manufacturing, up-gradation, and refurbishment of various transformers. These include Power Transformers, Generator Transformers, Windmill Transformers, Distribution Transformers, Isolation Transformers, Solar Transformers, Energy-Efficient Transformers, Converters, and Rectifier Transformers.
The company primarily conducts its business by participating in government tenders, which constitute a significant portion of its operations.
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Managing director
Mr. Vee Rajmohan
Parent organisation
Supreme Power Equipment Limited
Strengths & Financials of Supreme Power Equipment
Supreme Power Equipment serves diverse customer categories, including public sector undertakings, maintaining friendly relationships with these clients.
A significant portion of the company's revenue comes from fulfilling government tenders, showcasing its effectiveness in generating income through such operations.
The company provides tailored solutions for transformers. Its designs focus on minimizing transformer losses and enhancing overall efficiency.
The company places a strong emphasis on quality assurance programs, incorporating material inspections at supplier sites and meticulous stage-wise checks using comprehensive checklists.
It has a manufacturing facility spanning 17,876 square feet located at No.55, SIDCO Industrial Estate, Thirumazhisai, Thiruvallur Chennai, Tamil Nadu.
Supreme Power Equipment faces challenges in the establishment of its manufacturing setup, a process that is intricate and time-consuming, often extending over 12 months or more. This duration is fraught with potential risks and hurdles, such as the likelihood of cost overruns and escalating expenses.
The company lacks long-term contracts with its suppliers, posing a potential risk of raw material unavailability in the future, which could adversely impact its business operations.
Negative cash flows in the company's operating, investing, and financing activities in both the current and past years, potentially hampering its growth and business prospects.
With revenue solely derived from operations in Tamil Nadu, the company is exposed to risks associated with geographical concentration.
The top ten customers contributed significantly to its revenues in the current and previous financial years. Any loss of business from these key customers could have adverse effects on the company's revenues and profitability.
Supreme Power Equipment heavily relies on the sale of transformers for its major revenue stream. Failure to effectively manage and attract more clients in this regard may negatively impact its business.
Supreme Power Equipment Financials
*All values are in Rs. Cr
Application Details of Supreme Power Equipment IPO
Apply as | Price band | Apply Range |
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Regular | ₹61 - 65 | ₹2 - 5 Lakh |
High Networth Individual | ₹61 - 65 | ₹2 - 5 Lakh |
For Supreme Power Equipment IPO, eligible investors can apply as Regular.