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Subscription status of Eppeltone Engineers IPO

Eppeltone Engineers IPO
(Day 1)

Price Rs. 128 Lot 1000 shares, Rs.43.96 Crore

QIB NII x RII x Total x Applications
         
Note:

Eppeltone Engineers IPO Allotment Link: 

 

What is the business of Eppeltone Engineers?

Eppeltone Engineers Limited is a technology-driven manufacturing company specializing in advanced energy metering and power conditioning solutions. The company is renowned for its diverse product portfolio, which includes electronic and smart energy meters, uninterruptible power supplies (UPS), advanced battery chargers, and power management systems. Originally focused on Switch Mode Power Supplies (SMPS) for computers and electronics, Eppeltone has evolved into a comprehensive provider of energy management and automation solutions for both industrial and consumer markets.

Core Competencies:

  • Energy Metering: Static watt-hour meters, smart meters, and water meters.

  • Power Conditioning Devices: UPS systems, regulated chargers, and battery packs.

  • Electrical & Automation Products: AVRs, MCBs, transducers, LED luminaires, and battery management systems.

  • Specialized Railway & Infrastructure Solutions: BPL kits, 4.5KW regulated emergency chargers, short neutral section assemblies, lightweight insulator assemblies, modular cantilever systems, and auto-tensioning devices.

  • Software & Systems: Development of customized energy management software and integrated solutions.

Market Focus:
Operating primarily in the B2B segment, Eppeltone Engineers supplies products and solutions to government entities and public sector undertakings, which constitute the bulk of its business. The company also caters to private sector clients across multiple industries, serving electricity utilities, commercial establishments, industrial clients, and domestic consumers.

Infrastructure & Facilities:

  • Primary Manufacturing Unit: A state-of-the-art 36,000 sq. ft. facility located in Greater Noida, Uttar Pradesh, serving as the central hub for manufacturing and innovation.

  • Supporting Units: Additional facilities in Noida and Okhla (New Delhi), dedicated to specialized production, R&D, and quality assurance.

Workforce:
As of March 31, 2024, Eppeltone Engineers Limited employed 59 permanent staff, comprising skilled engineers, technicians, and professionals committed to delivering high-quality, reliable solutions.

Get more information about the company @ www.eppeltone.in 

Eppeltone Engineers IPO Details

Sector:

IPO opens on  17 June 2025
IPO closes on  19 June 2025
Issue Type Book Built Issue IPO
Issue Size 3434000 Shares /
Rs 43.96 Crore
* Fresh Issue 3434000 Shares /
Rs 43.96 Crore
* Offer for Sale –
Market Maker Portion 172,000 Shares
Net offer to Public 3262000 Shares
Rs.41.75 Crores
Face Value per share Rs. 10
Price Band Rs. 125-128
Employee discount  Rs. 0 per share
Retail Lot Size  1000 Shares
Listing will at  NSE SME

Shares offered in IPO

  Shares Rs. (Crore)
QIB (50%) 1631000 20.88
HNI (15%)   489300   6.26
RII  (35%) 1141700 14.61
Total Shares  3262000 41.75
Retail portion will be
oversubscribed by 
1142
Forms
How much Shares to Apply in this IPO?
Min Retail Application 1000 Shares Rs.128000
Min HNI Application  2000 Shares Rs.256000

Who are the Promoters of Eppeltone Engineers?

The promoters of the company are Rohit Chowdhary, Deven Chowdhary and Reshu Chowdhary.

What are the Objects of Eppeltone Engineers IPO?

1.Working Capital Requirements of the Company Rs. 30 Cr.

2.Funding Capital Expenditure towards installation of additional machinery at the factory Rs. 5 Cr.

3.General Corporate Purposes

4.Issue Expenses

Tentative timetable

IPO opens on 17 June 2025
IPO Closes on 19 June 2025
IPO Allotment on  20 June 2025
Refund Initiation  23 June 2025
Credit of Shares 23 June 2025
Listing on 24 June 2025
Registered Office of the Company
Eppeltone Engineers Limited
A-57
Defence Colony
New Delhi
New Delhi, New Delhi
The Lead Manager of this IPO
Expert Global Consultants Pvtl ltd

Who is the Registrar to IPO?

Skyline Financial Services Pvt ltd

Eppeltone Engineers IPO GMP grey market premium, review, Subscription, allotment, listing estimate

Eppeltone Engineers Financials

Period Ended 30-Sep-24 31-Mar-24 31-Mar-23 31-Mar-22
Assets 100.32 69.83 43.73 33.93
Revenue 51.03 80.04 72.99 82.8
Profit After Tax 4.03 8.43 1.09 0.24
Net Worth 32.8 20.67 11.49 10.4
Reserves and Surplus 23.27 16.43 7.5 6.41
Total Borrowing 20.88 16.31 12.68 11.04
Amount in Rs. Crore

Performance Indicators

KPI Values
ROE 41%
ROCE 43%
Debt/Equity 0.79
RoNW 40.79%
PAT Margin 10.75
EPS Rs.  
PE Ratio  

 

How Eppeltone Engineers IPO compares with the Peers?

Company Name P/E (x) RoNW (%)
     
     

# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

Eppeltone Engineers IPO Review by Paresh Gordhandas, CA & Research Analyst.

T

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+ from grey market angle: 

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