To apply for the Supertech EV IPO, investors need to log in to their trading account through their registered broker's online platform. After accessing the IPO section, they can search for “Supertech EV IPO” and click on the ‘Apply’ option. Applicants must enter the number of lots they wish to purchase (minimum lot size is 1200 shares) and select a price within the range of ₹87 to ₹92 per share. A valid UPI ID must be provided for payment authorization. After verifying all the application details, the investor should approve the UPI mandate before 5 PM on June 27, 2025, to ensure the application is successfully submitted.
For complete details on this public offering, visit the Supertech EV IPO page on Bajaj Broking’s website.
Supertech EV IPO Application Process
The Supertech EV IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Step 1: Login to Your Trading Platform
Access your trading account using Bajaj Broking’s app or website.
Step 2: Navigate to the IPO Section
Go to the IPO section to view active IPO listings.
Step 3: Select the Open IPO and Click Apply
Locate Supertech EV IPO in the list of available IPOs and click the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares (minimum lot size: 1200 shares) within the price band of ₹87 to ₹92 per share.
Step 5: Provide Your UPI ID
Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.
Step 6: Confirm the Application
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Step 7: Complete the Process and Wait for Allotment
Submit the application and monitor the allotment status to check if shares have been allocated to you.
Additional Read: Supertech EV IPO Investment Guide: Objectives & Opportunities
About Supertech EV IPO: Overview and Key Facts
Supertech EV Limited, founded in 2022, operates in the electric vehicle sector in India with a lineup of 12 models—comprising eight electric two‐wheelers and four E‑Rickshaw variants, including the CARGO MAX – L5 E‑Loader, PASSENGER MAX, and ZAPSTER PRO. The company has established a network of 445 distributors across 19 states, and employs 115 staff as of June 30, 2024. It collaborates with partners such as Gk Autovehicles, Electra E‑Mobility, EV World Motors, and key suppliers like Yuki Electric India and Om Steels to support its manufacturing and distribution operations.
The IPO is structured as a fresh issue of 32,49,600 equity shares at a face value of ₹10 per share, with an approximate issue size of ₹29.90 crore. The price band has been set between ₹87 and ₹92 per share, with a minimum application lot size of 1,200 shares, resulting in an entry‑level investment of around ₹1.10 lakh. The subscription window opens on June 25, 2025, and closes on June 27, 2025, with allotment expected by June 30 and listing on BSE SME by July 2, 2025.
Proceeds from the IPO are intended for working capital, partial debt repayment, and corporate expenses, with approximately ₹16.50 crore earmarked for operations and ₹3 crore for reducing borrowings. The IPO is managed by book‑running lead manager Corporate Makers Capital Ltd, with Skyline Financial Services Pvt. Ltd. acting as the registrar. Labels for subscription are divided across retail, non‑institutional, and a small market‑maker portion.
To check your application status, visit the Supertech EV IPO Allotment Status page on Bajaj Broking’s website.