Supreme Power Equipment Limited (SPEL) was incorporated as 'Supreme Power Equipment Private Limited' vide Certificate of Incorporation dated June 21, 2005, with the Registrar of Companies, Chennai. Further, the Company was converted into a Public Limited Company & name of the Company was changed to Supreme Power Equipment Limited dated September 18 2023.
The Company is currently engaged into the areas of manufacturing, up-gradation, and refurbishment of transformers including Power Transformer, Generator Transformer, Windmill Transformer, Distribution Transformer, Isolation Transformer, Solar Transformer, Energy Efficient Transformer, Converter and Rectifier Transformer. To carry out the business operations, the Company require various raw materials including Core - CRGO Silicon Steel Lamination; Copper Wires and Strips; Insulating Oil; On Load Tap Changing Gear (OLTC) and MS Fabricated Tank.
Power transformers are vital components in electrical power systems, serving several crucial functions to ensure transmission, and distribution of electrical energy. Generator transformers are vital components in power generation plants, ensuring that electricity generated by various sources is efficiently transformed and transmitted to electrical grid. Windmill transformers generated by wind turbines is efficiently transformed and integrated into the electrical grid, contributing to growth of renewable energy and the reduction in greenhouse gas emissions. Distribution transforme ...rs are used in the electrical distribution system, ensuring electrical power is delivered safely, efficiently, and reliably to homes, businesses, and industries. Also, Energy-efficient transformers are designed to minimize energy losses used in transmission and distribution of electrical power. Solar transformers are critical components in transmission of solar energy systems in compatibility in residential, commercial, industrial, and utility-scale applications. Furnace Transformers are specialized devices for conversion of electrical power between different voltage levels. Oil Cooled Transformers are designed in housed inside metallic tanks to withstand full vacuum during processing of concentrated point loads of lifting, hauling, jacking etc.
The Company launched its IPO of 71,80,000 equity shares of Rs 10 by raising a fresh issue of 46.67 crores on 26 December 2023.
SPEL focused on larger power transformers in 2024. It Achieved vendor approval from the Kerala State Electricity Board (KSEB) a milestone that enhances SPEL's eligibility to participate in state-level tenders and strengthens its presence in southern India in 2025.
The Company announced a major Rs.21.30 Cr order from a Chennai-based electric company for the supply of 57 high-capacity oil-cooled distribution transformers, including: 36 units of 1600 KVA, 19 units of 2000 KVA and 2 units of 2500 KVA in January, 2025. It secured a Rs.10.18 Cr order from a Chennai-based firm for the supply of transformer components in February 2025.
FAQs on Supreme Power Equipment Ltd
1. Can I buy Supreme Power Equipment Ltd from PL Capital? ›
Yes, you can invest in Supreme Power Equipment Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Supreme Power Equipment Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Supreme Power Equipment Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Supreme Power Equipment Ltd pay dividends? ›
Supreme Power Equipment Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Supreme Power Equipment Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Supreme Power Equipment Ltd. is ₹ 179 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Supreme Power Equipment Ltd ? ›
The 52-week high and low of Supreme Power Equipment Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
