
Capital Goods / Electrical Equipment · NSE
Eppeltone Engineers Limited, established in 1977, specializes in producing electronic energy meters like smart meters and various power conditioning equipment, including UPS systems and high-quality chargers. Initially focused on Switch Mode Power Supplies (SMPS) for computers and other electronics, the company has significantly expanded its product range to cater to both industrial and consumer needs, with a strong emphasis on energy management solutions. Eppeltone offers a wide variety of products such as AVRs, MCBs, transducers, static watt hour meters, smart meters, water meters, BPL kits, LED luminaires, battery management systems, chargers, software development, and specialized equipment like regulated emergency chargers and modular cantilever systems. The company mainly operates in the B2B segment, serving primarily government entities, though it also supplies to private sector clients across different industries. Its diverse offerings support sectors like electricity utilities, industrial operations, commercial establishments, and households. The main manufacturing facility is a 36,000 square foot factory located in Greater Noida, Uttar Pradesh, with additional support units in Noida and Okhla, New Delhi, which handle specialized manufacturing, quality control, and R\&D activities. As of March 31, 2024, Eppeltone Engineers employed 59 permanent staff members.
Price Band
₹125 – ₹128
Issue Size
₹43.96 Cr
Lot Size
1000 shares
GMP
+82.0%
Est. Listing
₹233
at current GMP
Subscribed
275.66x
overall
Open
17 Jun 2025
Close
19 Jun 2025
Allotment
20 Jun 2025
Refund
21 Jun 2025
Demat Credit
22 Jun 2025
Listing
24 Jun 2025
Overall Subscription
275.66x
Total Demand
QIB Multiplier
132.23x
Institutions & Funds
NII / HNI
627.63x
High Net-Worth
Retail (RII)
248.04x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 652,000 | 86,217,000 | 132.23x |
| NIB | 490,000 | 307,539,000 | 627.63x |
| RETAIL | 1,142,000 | 283,267,000 | 248.04x |
| Total | 2,284,000 | 677,023,000 | 275.66x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 98 | 0.00x |
| NIB | — | 23,346 | 0.00x |
| RETAIL | — | 283,267 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Eppeltone Engineers Limited is bringing an initial public offering (IPO) in the Capital Goods / Electrical Equipment sector with an aggregate issue size of ₹43.96 Crores. The shares are offered at a price band of ₹125 to ₹128 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-06-19, the basis of allotment is scheduled to be finalized on 2025-06-20. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Eppeltone Engineers Limited IPO is ₹105 per equity share. Based on the upper price band of ₹125 to ₹128 per equity share, the estimated listing price is ₹233 (+82.0% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹105, the expected profit per application lot is approx ₹1,05,000 (+82.0% gain). Minimum application cost is approx ₹1,28,000.
The Eppeltone Engineers Limited IPO aggregate issue size is ₹43.96 Crores with an equity price band set at ₹125 to ₹128 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,28,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 275.66x (Retail: 248.04x, QIB: 132.23x, NII: 627.63x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2025-06-20. Investors can verify status using PAN card or application number.
Eppeltone Engineers Limited shares are scheduled to list on NSE on 2025-06-24.