Eppeltone Engineers IPO Logo

Eppeltone Engineers IPO
GMP, Subscription, Price, Dates & Financial Details

Closed NSE SME

Established in 1977, Eppeltone Engineers Limited is a leading manufacturer of electronic energy meters—including smart meters—and a wide range of power conditioning equipment such as UPS systems and high-performance chargers. Originally focused on Switch Mode Power Supplies (SMPS) for computers and…

Open Date

Tue, 17 Jun 2025

Close Date

Thu, 19 Jun 2025

Price Band

₹ 125 – 128

Lot Size

1000

Issue Size

₹ 43.96 Cr

Minimum Investment

₹ 256,000 (2000 Shares)

Grey Market Premium Analysis

Day Wise GMP→

Unofficial premium quoted in the grey market, tracked daily against the price band cap.

11 Jun ₹30 12 Jun ₹61 13 Jun ₹60 14 Jun ₹60 15 Jun ₹63 16 Jun ₹63 17 Jun ₹65 18 Jun ₹58 19 Jun ₹75 20 Jun ₹70

Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.

IPO Details

Eppeltone Engineers IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹43.96 Crore, comprising a fresh issue of 34.34 Lakh equity shares aggregating to ₹43.96 Crore.

The Eppeltone Engineers IPO remained open for subscription from June 17, 2025, to June 19, 2025. The basis of allotment was finalized on June 20, 2025, and the company's shares were listed on NSE SME Platform on June 24, 2025.

The company had fixed the price band at ₹125 to ₹128 per share, with a lot size of 1000 shares. Retail investors were required to make a minimum investment of ₹256,000 (based on the upper price band) to apply for one lot.

Skyline Financial Services Private Ltd served as the registrar to the issue. Expert Global Consultants Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.

With the successful completion of the IPO process, Eppeltone Engineers Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.

Eppeltone Engineers IPO Timeline (Tentative)

IPO Open Date
Tue, 17 Jun 25
IPO Close Date
Thu, 19 Jun 25
Basis of Allotment
Fri, 20 Jun 25
Initiation of Refunds
Mon, 23 Jun 25
Credit of Shares to Demat
Mon, 23 Jun 25
Listing Date
Tue, 24 Jun 25 — NSE & BSE

Open Date

17 June 2025

Close Date

19 June 2025

Basis Of Allotment

20 June 2025

Listing Date

24 June 2025

IPO Subscription

Check Live Subscription →

The Eppeltone Engineers IPO has received bids for 67,70,23,000 shares against 22,84,000 shares offered, resulting in an overall subscription of 296.42x. the NII category is subscribed 627.63x, Retail Investors 248.04x, and QIBs 132.23x.

QIB

132.23x

NII

627.63x

RII

248.04x

Total

296.42x

IPO Reservations

The Retail Individual Investor (RII) category has the highest allocation with 11,42,000 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 6,52,000 shares (28.55%), while Non-Institutional Investors (NIIs) receive 4,90,000 shares (21.45%).

Category Shares Offered Shares Offered %
Qualified Institutions652,00028.55%
Non-Institutional490,00021.45%
Retail Investors1,142,00050%
Total2,284,000100%

Financials Details(₹ in Crores)

Particular 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 123.8 6982550 43.73
Revenue 125.74 80.04 72.99
Profit After Tax 11.23 8.16 1.09
Net Worth 40 20.4 11.49
Reserve & Surplus 30.48 16.16 7.5
Total Borrowings 30.54 16.31 12.68

Financials Performance

Company Revenue Vs Profit After Tax
73 1 31 Mar 2023 80 8 31 Mar 2024 126 11 31 Mar 2025 Revenue PAT

Performance Indicators

11.79%

EPS Pre

Earnings per share before the IPO.

10.86

P/E Pre

IPO Offer Price ÷ EPS Pre.

8.67%

EPS Post

Expected earnings per share after the IPO..

14.77x

P/E (Post Issue)

IPO Offer Price ÷ EPS Post.

Eppeltone Engineers Limited KPI Information

Particular KPI as of Sun, Mar 31, 2024
ROE % 41
ROCE % 43
Debt / Equity 0.79
RoNW % 40.79
PbW 2.62
Pat Margin % 10.75

Peers Comparison

No Peer Comparision Available

About Eppeltone Engineers Limited

Established in 1977, Eppeltone Engineers Limited is a leading manufacturer of electronic energy meters—including smart meters—and a wide range of power conditioning equipment such as UPS systems and high-performance chargers. Originally focused on Switch Mode Power Supplies (SMPS) for computers and electronics, the company has since diversified its product portfolio to serve both industrial and consumer energy management needs.

Eppeltone is a certified organization engaged in the design and supply of an extensive array of products, including:

  • Static watt hour meters, smart meters, and water meters
  • BPL kits, LED luminaires, UPS systems
  • Battery management systems, chargers, and packs
  • Emergency chargers (4.5 kW), software solutions
  • Short neutral section assemblies, lightweight insulator assemblies
  • Modular cantilever systems and auto-tensioning devices

Operating primarily in the B2B segment, Eppeltone serves a broad client base, with the majority of its business coming from government entities. The company also supplies to private sector clients across multiple industries, including utilities, industrial operations, commercial establishments, and domestic consumers.

The main manufacturing facility spans 36,000 sq. ft. in Greater Noida, Uttar Pradesh, and functions as the core hub for production and innovation. Additional support units in Noida and Okhla, New Delhi, manage specialized production, quality control, and R&D.

As of March 31, 2024, Eppeltone employed 59 permanent staff.

Eppeltone Engineers IPO Promoters

  1. Rohit Chowdhary
  2. Deven Chowdhary
  3. Reshu Chowdhary
Promoters Holding

Holding Pre Issue

83.69%

Holding Post Issue

61.51%

Eppeltone Engineers IPO Objective

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  1. Funding Capital Expenditure towards installation of additional machinery at the factory
  2. General Corporate Purposes
  3. Issue Expenses



Eppeltone Engineers Limited Address / Contact Details

Eppeltone Engineers Limited
A-57 Defence Colony, 
New Delhi,Delhi, 110024

Phone: +91-9811050241
Email: cs@eppeltone.in
Website: https://eppeltone.in/

IPO Snapshot

Face Value₹10 per share
Price Band ₹ 125 – 128
Lot Size1000
Issue TypeBook-building IPO
Sale Type
Fresh Issue₹ 43.96 Cr
Offer for Sale₹ 0.00 Cr
Total Issue Size₹ 43.96 Cr
Listing AtNSE

Eppeltone Engineers IPO Lot Size

The Eppeltone Engineers IPO has a lot size of 1,000 shares. Retail investors require a minimum investment of ₹1,28,000 by applying for 1 lot (1,000 shares). The maximum application allowed for the retail category is 1 lots (1,000 shares), requiring an investment of ₹1,28,000.

Application Lots Shares Amount (₹)
Retail (Min)11,000128,000.00
Retail (Max)11,000128,000.00
S-HNI (Min)22,000256,000.00

Issue Reservation

  • QIB — 28.55%
  • NII — 21.45%
  • RII — 50%

Eppeltone Engineers IPO Registrar

Skyline Financial Services Private Ltd

02228511022

info@skylinerta.com

https://www.skylinerta.com

Check Allotment Status

Book Running Lead Managers

  • Expert Global Consultants Private Limited

IPO Documents & Links

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Disclaimer: This data is for informational purposes only and does not constitute investment advice.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

What is the Eppeltone Engineers IPO?

Eppeltone Engineers IPO is a Book-building IPO with a total issue size of ₹43.96 crore. The Eppeltone Engineers IPO price band is ₹125 to 128 per share. The Eppeltone Engineers IPO subscription opens on Tue, Jun 17, 2025, and closes on Thu, Jun 19, 2025. The Eppeltone Engineers IPO will be listed on the NSE. Skyline Financial Services Private Ltd is the registrar for the Eppeltone Engineers IPO.

When will the Eppeltone Engineers IPO open for subscription?

The Eppeltone Engineers IPO opens on Tue, Jun 17, 2025 and closes on Thu, Jun 19, 2025

What is Eppeltone Engineers IPO Price Band?

Eppeltone Engineers IPO Price Band is ₹125 to 128 per share.

What is Eppeltone Engineers IPO Lot Size?

Eppeltone Engineers IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹256000 based on the upper price band

What is the minimum investment for Eppeltone Engineers IPO?

The minimum investment for Eppeltone Engineers IPO is ₹256000, based on one lot of 1000 shares at the upper price band of ₹128 per share.

How to apply for Eppeltone Engineers IPO?

Investors can apply for the Eppeltone Engineers IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Jun 19, 2025. The application amount remains blocked until the Eppeltone Engineers IPO allotment is finalized.

What is Eppeltone Engineers IPO Issue Size?

Eppeltone Engineers IPO issue size is ₹43.96 crores.

What is the Eppeltone Engineers IPO Allotment Date?

Eppeltone Engineers IPO allotment date is Fri, Jun 20, 2025.

Who is the Eppeltone Engineers IPO Registrar?

The registrar for Eppeltone Engineers IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check Eppeltone Engineers IPO allotment status, refund processing, and other IPO-related information.

What is the Eppeltone Engineers IPO GMP?

The Eppeltone Engineers IPO GMP (Grey Market Premium) is ₹105 as of Tue, Jun 24, 2025. Based on the upper price band of ₹128 per share, the estimated Eppeltone Engineers IPO listing price is ₹233, indicating a potential listing gain of approximately 82.03% over the issue price.

Who is the Eppeltone Engineers IPO Lead Manager?

The book-running lead managers (BRLMs) for the Eppeltone Engineers IPO are Expert Global Consultants Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Eppeltone Engineers IPO Red Herring Prospectus (RHP).