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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 ₹128.00 per share . The lot size for an application is 1,000. The minimum amount of investment required by an retail is ₹1,25,000 (1000 shares). The minimum lot size investment for 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 Date | June 17, 2025 to June 19, 2025 |
| Listing Date | June 24, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹125 to ₹128 per share |
| Issue Price Final | ₹128 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 34,34,000 shares (aggregating up to ₹43.96 Cr) |
| Reserved for Market Maker | 1,72,000 shares Prabhat Financial Services Ltd. (aggregating up to ₹2.20 Cr) |
| Net Offered to Public | 32,62,000 shares (aggregating up to ₹41.75 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 95,25,312 shares |
| Share Holding Post Issue | 1,29,59,312 shares |
Eppeltone Engineers IPO offers total 34,34,000 shares. Out of which 16,30,000 (47.47%) allocated to QIB, 6,52,000 (18.99%) allocated to QIB (Ex- Anchor), 4,90,000 (14.27%) allocated to NII, 11,42,000 (33.26%) allocated to RII and 9,78,000 (28.48%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,72,000 (5.01%) |
| QIB Shares Offered | 16,30,000 (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 (14.27%) |
| Retail Shares Offered | 11,42,000 (33.26%) |
| Total Shares Offered | 34,34,000 (100.00%) |
Eppeltone Engineers IPO raises ₹12.52 crore from anchor investors. Eppeltone Engineers IPO Anchor bid date is June 16, 2025. Eppeltone Engineers IPO Anchor Investors list
| Bid Date | June 16, 2025 |
| Shares Offered | 9,78,000 |
| Anchor Portion Size (In Cr.) | 12.52 |
| Anchor lock-in period end date for 50% shares (30 Days) | July 20, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | September 18, 2025 |
Eppeltone Engineers IPO opens on June 17, 2025, and closes on June 19, 2025.
| IPO Open Date | Tue, Jun 17, 2025 |
| IPO Close Date | Thu, Jun 19, 2025 |
| Tentative Allotment | Fri, Jun 20, 2025 |
| Initiation of Refunds | Mon, Jun 23, 2025 |
| Credit of Shares to Demat | Mon, Jun 23, 2025 |
| Tentative Listing Date | Tue, Jun 24, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Jun 19, 2025 |
Investors can bid for a minimum of 1,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 Limited'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 market capitalization of Eppeltone Engineers IPO is ₹165.88 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| 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 Rs | 11.79 | 8.67 |
| P/E (x) | 10.86 | 14.77 |
The Company Eppeltone Engineers IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 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 |
[Dilip Davda] EEL is engaged in the manufacturing and marketing of SMPS, power conditioning devices etc. It marked growth in its top lines for the reported periods. The sudden boost in its bottom lines from FY24 onwards raise eyebrows and concern over its sustainability, as it operates in highly competitive and fragmented segment. Based on its recent financial data, the issue appears fully priced. Well-informed investors may park moderate funds for long term. Read detail review...
| Listing Date | June 24, 2025 |
| BSE Script Code | |
| NSE Symbol | EEPL |
| ISIN | INE11HF01010 |
| Final Issue Price | ₹128 per share |
| NSE Listing Group | ST (Trade to Trade) |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹128.00 |
| Open | ₹243.20 |
| Low | ₹243.20 |
| High | ₹255.35 |
| Last Trade | ₹255.35 |
Eppeltone Engineers Ltd.
A-57
Defence Colony
New Delhi
New Delhi, New Delhi, 110024
Phone: +91-9811050241
Email: cs@eppeltone.in
Website: https://eppeltone.in/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Eppeltone Engineers IPO is a SME IPO of 34,34,000 equity shares of the face value of ₹10 aggregating up to ₹43.96 Crores. The issue is priced at ₹128 per share. The minimum order quantity is 1000.
The IPO opens on June 17, 2025, and closes on June 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 June 17, 2025 and closes on June 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 Monday, June 23, 2025. Check the Eppeltone Engineers IPO allotment status.
The Eppeltone Engineers IPO listing date is on Tuesday, June 24, 2025.
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