Bookbuilding IPO | ₹44 Cr | Listed at NSE SME | Tue, Jun 17, 2025 - Thu, Jun 19, 2025
Eppeltone Engineers IPO is a book build issue of ₹43.96 crores. The issue is entirely a fresh issue of 0.34 crore shares of ₹43.96 crore.
Eppeltone Engineers IPO bidding started from Jun 17, 2025 and ended on Jun 19, 2025. The allotment for Eppeltone Engineers IPO was finalized on Jun 20, 2025. The shares got listed on NSE SME on Jun 24, 2025.
Eppeltone Engineers IPO price band is set at ₹128 per share. The lot size for an application is 1,000. The minimum amount of investment required by an retail is ₹1,28,000 (1000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,000 shares), amounting to ₹2,56,000.
Expert Global Consultants Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Prabhat Financial Services Ltd..
Refer to Eppeltone Engineers IPO RHP for detailed Information.
IPO Open
Tue, Jun 17, 2025
IPO Close
Thu, Jun 19, 2025
Issue Price
₹128 per share
Market Cap (Pre-IPO)
₹165.88 Cr
| IPO Date | 17 to 19 Jun, 2025 |
| Listed on | Tue, Jun 24, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹125 to ₹128 |
| Issue Price | ₹128 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 34,34,000 shares (agg. up to ₹44 Cr) |
| Reserved for Market Maker | 1,72,000 shares Prabhat Financial Services Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 32,62,000 shares (agg. up to ₹42 Cr) |
| Net Offered to Public | 32,62,000 shares (agg. up to ₹42 Cr) |
| Share Holding Pre Issue | 95,25,312 shares |
| Share Holding Post Issue | 1,29,59,312 shares |
| NSE Symbol | EEPL |
| ISIN | INE11HF01010 |
Eppeltone Engineers IPO comprises a total issue size of 34,34,000 shares. The net offer to the public is 32,62,000 shares, after excluding 1,72,000 shares allotted on a firm basis. Of the Net offer 16,30,000 (49.97%) are allocated to QIB, 4,90,000 (15.02%) allocated to NII 11,42,000 (35.01%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 16,30,000 | 49.97% | 47.47% |
| − Anchor Investor Shares Offered | 9,78,000 | 28.48% | |
| − QIB (Ex. Anchor) Shares Offered | 6,52,000 | 18.99% | |
| NII (HNI) Shares Offered | 4,90,000 | 15.02% | 14.27% |
| Retail Shares Offered | 11,42,000 | 35.01% | 33.26% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,72,000 | 5.01% | |
| Total Shares Offered | 34,34,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,28,000 |
| Retail (Max) | 1 | 1,000 | ₹1,28,000 |
| HNI (Min) | 2 | 2,000 | ₹2,56,000 |
Eppeltone Engineers IPO raises ₹12.52 crore from anchor investors. Eppeltone Engineers IPO Anchor bid date is June 16, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Jun 16, 2025 |
| Shares Offered | 9,78,000 |
| Anchor Portion (₹ Cr.) | 12.52 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sun, Jul 20, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Thu, Sep 18, 2025 |
Founded in 1977, Eppeltone Engineers Limited specializes in manufacturing electronic energy meters, including smart meters, alongside various power conditioning devices like UPS systems and high-grade chargers known for its diverse portfolio of products, including AVR, MCBs, and transducers, initially specializing in Switch Mode Power Supplies (SMPS) for computers and other electronic devices, they have significantly expanded their product range to cater to both industrial and consumer needs, with a focus on energy management solutions.
The company is a certified organization engaged in designing and supplying static watt hour meters, smart meters, water meters, BPL kits, UPS systems, LED luminaries, battery management systems, chargers, packs, software development, 4.5KW regulated emergency chargers, short neutral section assemblies, lightweight insulator assemblies, modular cantilever systems, and auto tensioning devices.
The Company operates in the B2B segment, primarily providing products and services to Government Entities, which make up most of our transactions.
The company also supply products to private sector companies, serving Non-Government and Government entities across various industries.
Eppeltone's diverse product range caters to various sectors, including electricity utilities, industries, commercial establishments, and domestic consumers.
The company’s primary manufacturing facility is a 36,000 sq. ft. plant in Greater Noida, Uttar Pradesh which serves as the central hub for production and innovation.
Eppeltone Engineers has supporting units in Noida and Okhla, New Delhi. These units complement the primary facility by handling specialized production processes, quality control, and research and development (R&D) activities.
As on March 31, 2024, the company had 59 permanent employees.
Competitive Strength
Eppeltone Engineers Ltd.'s revenue increased by 57% and profit after tax (PAT) rose by 38% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 123.80 | 69.83 | 43.73 |
| Total Income | 125.74 | 80.04 | 72.99 |
| Profit After Tax | 11.23 | 8.16 | 1.09 |
| EBITDA | 17.78 | 13.07 | 2.91 |
| NET Worth | 40.00 | 20.40 | 11.49 |
| Reserves and Surplus | 30.48 | 16.16 | 7.50 |
| Total Borrowing | 30.54 | 16.31 | 12.68 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements of the Company | 30.00 |
| 2 | Funding Capital Expenditure towards installation of additional machinery at the factory | 5.00 |
| 3 | General Corporate Purposes | 4.36 |
| 4 | Issue Expenses | 4.59 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 41% |
| ROCE | 43% |
| Debt/Equity | 0.79 |
| RoNW | 40.79% |
| PAT Margin | 10.75% |
| EBITDA Margin | 14.30% |
| Price to Book Value | 2.62 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 11.79 | 8.67 |
| P/E (x) | 10.86 | 14.77 |
| Promoter Holding | 83.69% | 61.51% |
| Market Cap | ₹165.88 Cr. |
The Eppeltone Engineers IPO is subscribed 296.34 times on June 19, 2025 6:19:59 PM (Day 3). The public issue subscribed 248.04 times in the retail category, 132.23 times in the QIB category, and 627.28 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 132.23 | 6,52,000 | 8,62,17,000 | 98 |
| NII* | 627.28 | 4,90,000 | 30,73,67,000 | 23,346 |
| Retail | 248.04 | 11,42,000 | 28,32,67,000 | 2,83,267 |
| Total | 296.34 | 22,84,000 | 67,68,51,000 | 3,06,711 |
Total Application : 3,06,711
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLMs’ fees and commissions (including underwriting commission) | 2.52 |
| 2 | Processing fee for SCSBs, Sponsor Bank and Bankers to the Issue. Brokerage, and selling commission and bidding/uploading charges for members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.05 |
| 3 | Fees payable to the Registrar to the Issue | 0.02 |
| 4 | Listing fees, Stock Exchanges processing fees, book building software fees and other regulatory expenses | 0.06 |
| 5 | Printing and stationery expenses | 0.02 |
| 6 | Advertising and marketing expenses | 1.63 |
| 7 | Fees payable to legal counsel | 0.02 |
| 8 | Miscellaneous if any (market making, depositories, marketing fees, secretarial, peer review auditors, etc.) | 0.28 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹128.00 |
| Open | ₹243.20 |
| Low | ₹243.20 |
| High | ₹255.35 |
| Last Trade | ₹255.35 |
Lead Manager Reports
Eppeltone Engineers IPO is a SME IPO of 34,34,000 equity shares of the face value of ₹10 aggregating up to ₹44 Crores. The issue is priced at ₹128 per share. The minimum order quantity is 1000.
The IPO opens on Tue, Jun 17, 2025, and closes on Thu, Jun 19, 2025.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Eppeltone Engineers IPO using UPI as a payment gateway. Zerodha customers can apply in Eppeltone Engineers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Eppeltone Engineers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Eppeltone Engineers IPO opens on Tue, Jun 17, 2025 and closes on Thu, Jun 19, 2025.
Eppeltone Engineers IPO lot size is 1000, and the minimum amount required for application is ₹1,28,000.
You can apply in Eppeltone Engineers IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Eppeltone Engineers IPO will be done on Friday, June 20, 2025, and the allotted shares will be credited to your demat account by Mon, Jun 23, 2025. Check the Eppeltone Engineers IPO allotment status.
The Eppeltone Engineers IPO listing date is on Tue, Jun 24, 2025.
