Supreme Power Equipment Limited IPO
Supreme Power Equipment Limited was a SME IPO in the Other Electrical Equipment sector, offered at ₹61–₹65 per share to raise ₹47 crore. It listed on 29 Dec 2023 at ₹98 and closed its first day at ₹103, a listing gain of +58.3% versus the ₹65 issue price. It now trades around ₹243 (+273.2% versus the issue price).
Frequently asked questions
- What were the Supreme Power Equipment Limited IPO listing gains?
- Supreme Power Equipment Limited listed on 29 Dec 2023 at ₹98, closing its first day at ₹103 — a listing gain of +58.3% versus the ₹65 issue price.
- What was the price band and lot size of the Supreme Power Equipment Limited IPO?
- The price band was ₹61–₹65 per share, with a minimum lot of 2,000 shares (₹1,30,000 at the upper band).
- Who were the registrar and lead manager for the Supreme Power Equipment Limited IPO?
- Purva Sharegistry (India) Private Limited was the registrar, and Narnolia was the book-running lead manager.