Supertech EV Ltd Share Price (544428)

Supertech EV Limited was originally incorporated as a Private Limited Company under the name of Supertech EV Private Limited on August 12 2022 with the Registrar of Companies NCT of Delhi Haryana. Subsequently the name of the Company was changed from Supertech EV Private Limited to Supertech EV Limited and a Certificate of Incorporation dated December 21 2022 issued by the Registrar of Companies NCT of Delhi Haryana . As a pioneering force in the Indian electric vehicle EV market. Since the Companys inception it drove the electrification of mobility in India with the manufacturing facilities in Haryana by the launching of 12 models including 8 variants of EV 2 wheelers and 4 variants of ERickshaw with a distributor base of 445 across India and presence in 19 states. With a diverse portfolio of electric vehicles including ERickshaws and EScooters the Company cater to evolving needs of the Indianautomobile market. It rapidly evolved to become a significant player in the market specializing in the design development manufacturing and distribution of highquality electric twowheelers and Erickshaws. The distribution network grew enabling the Company to reach new markets and serve a diverse clientele. And hence the Company focused on delivering user friendly technologically advanced and affordable electric scooters.Subsequently on March 31 2023 the running business of proprietorship concern of the Promoter namely Supertech Inc was taken over by the Company along with the assets and liabilities of the proprietorship concern as going concern.The Company is proposing to raise money from public by way of IPO of 3249600 Equity Shares through Fresh Issue..