Supreme Power Equipment Limited

Supreme Power Equipment IPO

Supreme Power Equipment Limited

₹1,22,000 /2000 sharesMinimum investment

IPO details

Minimum investment
₹1,22,000
Price range
₹61 - ₹65
Lot size
2,000
Issue size
46.67 Cr
Face value
10
IPO document

Subscription rate

Data will be available soon

Schedule

21 Dec 2023
IPO open date
26 Dec 2023
IPO close date
27 Dec 2023
Allotment date
27 Dec 2023
Funds unblock or debit
29 Dec 2023
Tentative listing date

About

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. ;
Founded in
2005
MD/CEO
Mr. Vee Rajmohan
Parent organisation
Supreme Power Equipment Limited

Supreme Power Equipment Financials

Revenue
Total Assets
Profit
All values are in ₹ Cr
99.762023

Strengths & Risks

Strengths
Risks
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.

Application details

For Supreme Power Equipment IPO, eligible investors can apply as Regular.

Apply asPrice bandApply rangeLot size
Regular₹61 - ₹65₹2 - ₹5 Lakhs2000
High Networth Individual₹61 - ₹65₹2 - ₹5 Lakhs2000

Frequently Asked Questions