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Eppeltone Engineers Limited

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.

Eppeltone Engineers Limited IPO & Charts
₹128

0%

Open

₹128

HIgh - Low

₹128

Previous Close

₹128

Total Traded Value

0

52 Weeks High

₹128

52 Weeks Low

₹128

Updates On

Jun 10, 2025

IPO. Open

Jun 17, 2026

IPO. Close

Jun 19, 2026

IPO. Price

₹128.00

IPO Market price

₹165.88 Cr

IPO Details

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 Timeline

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

IPO Reservation

Category Offer
QIB Shares Offered 16,30,000 Shares
NII (HNI) Shares Offered 4,90,000 Shares
Retail Shares Offered 11,42,000 Shares

IPO Lot Size

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) - - -
About Company

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

Eppeltone Engineers Ltd. recorded a 57% growth in revenue and a 38% increase in profit after tax (PAT) between FY2024 and FY2025.

Company Financials (Consolidated)

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

Key Performance Indicator (KPI)

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 Objective

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) -

Contact Details

Eppeltone Engineers Ltd. Address
A-57
Defence Colony
New Delhi
New Delhi, New Delhi, 110024
+91-9811050241
cs@eppeltone.in
https://eppeltone.in/

Detail Registrar

IPO Registrar

Skyline Financial Services Pvt.Ltd.
02228511022
ipo@skylinerta.com
https://www.skylinerta.com/ipo.php

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