Allotment

Eppeltone Engineers Limited launched a book-built IPO worth ₹43.96 crore, comprising entirely a fresh issue of 0.34 crore equity shares.
The IPO opened for subscription on June 17, 2025, and closed on June 19, 2025. The allotment was finalized on June 20, 2025, and the shares were listed on the NSE SME platform on June 24, 2025.
The price band for the IPO was fixed at ₹128 per share. Investors could apply in a lot size of 1,000 shares. The minimum investment required for retail investors was ₹1,25,000, while High Net-worth Individuals (HNIs) were required to apply for a minimum of two lots (2,000 shares), amounting to ₹2,56,000.
Expert Global Consultants Pvt. Ltd. acted as the Book Running Lead Manager for the issue, while Skyline Financial Services Pvt. Ltd. served as the registrar. Prabhat Financial Services Ltd. was appointed as the market maker for the IPO.
₹1280%
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| IPO Date | 24 Jun |
| IPO Listing Date | 24 Jun |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹128.00 |
| IPO Issue Size | 34,34,000 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | NSE SME Platform |
| Share Holding Pre Issue | 95,25,312 shares |
| IPO Open Date | 17 Jun |
| IPO Close Date | 19 Jun |
| IPO Allotment (Tentative) | 20 Jun |
| Refunds | 23 Jun |
| Credit to Demat Account | 23 Jun |
| IPO Listing Date | 24 Jun |
| Category | Offer |
|---|---|
| QIB Shares Offered | 16,30,000 Shares |
| NII (HNI) Shares Offered | 4,90,000 Shares |
| Retail Shares Offered | 11,42,000 Shares |
Investors may apply for a minimum of 1,000 shares, and bids must be made in multiples of 1,000 shares thereafter.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,28,000 |
| Retail (Max) | 1 | 1,000 | ₹1,28,000 |
| S-HNI (Min) | 2 | 2,000 | ₹2,56,000 |
| S-HNI (Max) | - | - | - |
| B-HNI (Min) | - | - | - |
Founded in 1977, Eppeltone Engineers Limited is engaged in the manufacturing of electronic energy meters, including smart meters, along with a wide range of power conditioning and energy management solutions. The company initially specialized in Switch Mode Power Supplies (SMPS) for computers and electronic devices and has since significantly expanded its product portfolio to serve both industrial and consumer markets.
Eppeltone offers a diverse range of products such as AVRs, MCBs, transducers, UPS systems, high-grade chargers, and other advanced electrical solutions. Its focus remains on delivering reliable and efficient energy management products tailored to evolving industry needs.
The company is a certified organization involved in the designing and supply of static watt-hour meters, smart meters, water meters, BPL kits, UPS systems, LED luminaires, battery management systems, chargers and packs, software solutions, 4.5 kW regulated emergency chargers, short neutral section assemblies, lightweight insulator assemblies, modular cantilever systems, and auto-tensioning devices.
Eppeltone primarily operates in the B2B segment, with the majority of its revenue derived from supplying products and services to Government entities. Additionally, the company caters to private sector clients, serving both government and non-government organizations across various industries.
Its extensive product range serves multiple sectors, including electricity utilities, industrial units, commercial establishments, and domestic consumers.
The company’s main manufacturing facility is a 36,000 sq. ft. plant located in Greater Noida, Uttar Pradesh, which acts as the central hub for production and innovation. Supporting units in Noida and Okhla, New Delhi, assist in specialized manufacturing processes, quality control, and research and development (R&D) activities.
As of March 31, 2024, Eppeltone Engineers employed 59 permanent staff members.
Competitive Strengths
Advanced manufacturing and strong R&D capabilities
High focus on quality standards and certifications
Diverse and innovative product portfolio
Strong market presence and established customer base
Commitment to sustainability and energy efficiency
Experienced leadership team and skilled workforce
| Assets | 123.8 | 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 | 20.4 | 11.49 |
| Reserves and Surplus | 30.48 | 16.16 | 7.5 |
| Total Borrowing | 30.54 | 16.31 | 12.68 |
| 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 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 30 |
| 3 | To meet out the General Corporate Purposes; | 4.36 |
| 4 | Offer for Sale (OFS) | - |
Eppeltone Engineers Ltd. Address
A-57
Defence Colony
New Delhi
New Delhi, New Delhi, 110024
+91-9811050241
cs@eppeltone.in
https://eppeltone.in/
IPO Registrar
Skyline Financial Services Pvt.Ltd.
02228511022
ipo@skylinerta.com
https://www.skylinerta.com/ipo.php