Eppeltone Engineers Limited, has launched its initial public offering (IPO) on Jun 17, 2025, aiming to raise Rs 41.75 crore through fresh issue of 32.62 lakh equity shares. Eppeltone Engineers IPO is set to close on Jun 19, 2025, with the shares expected to be listed on the NSE SME platform on Jun 24, 2025.
Eppeltone Engineers Limited Company Overview
Eppeltone Engineers Limited is an India-based company specializing in engineering, procurement, and construction (EPC) services, primarily for infrastructure and industrial projects. The company focuses on providing turnkey solutions across sectors such as oil & gas, water supply, power distribution, and environmental engineering. With a strong emphasis on quality and timely project execution, Eppeltone has built a solid reputation among public and private sector clients. Its in-house technical expertise and project management capabilities allow it to handle complex engineering challenges effectively. Eppeltone Engineers is also exploring expansion opportunities to strengthen its presence across India and abroad.
Eppeltone Engineers IPO Details
Eppeltone Engineers IPO is a bookbuilding IPO of Rs 41.75 crores. The issue is a complete fresh issue of Rs 41.75 crores. Expert Global Consultants Private Limited is the book running lead manger of the Eppeltone Engineers Limited IPO, Skyline Financial Services Private Ltd is the Registrar for the issue.
| Issue Type | Bookbuilding IPO |
| Face Value | Rs 10 per share |
| Issue Price | Rs 125 – Rs 128 per share |
| Lot Size | 1000 shares per lot |
| Issue Size | Rs 41.75 crore |
| Fresh Issue | Rs 41.75 crore |
| Offer for Sale (OFS) | Rs 0 crore |
| Listing at | NSE SME |
| Market Capitalization | Rs 165.88 cr |
| Book Running Lead Managers | Expert Global Consultants Private Limited |
| Registrar | Skyline Financial Services Private Ltd |
Eppeltone Engineers IPO Timeline
Eppeltone Engineers Limited IPO opened on 17th Jun 2025 and Closes on 19th Jun 2025. Find Eppeltone Engineers IPO tentative dates below.
| IPO Open Date | 17-Jun-2025 (Tuesday) |
| IPO Close Date | 19-Jun-2025 (Thursday) |
| Allotment | 20-Jun-2025 (Friday) |
| Initiation of Refunds | 23-Jun-2025 (Monday) |
| Demat Credit of Shares | 23-Jun-2025 (Monday) |
| Listing Date | 24-Jun-2025 (Tuesday) |
| Cut off time for UPI mandate confirmation | 19-Jun-2025 at 5PM |
Eppeltone Engineers IPO Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table shows the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Minimum) | 1 | 1000 | Rs 1,28,000 |
| Retail (Maximum) | 1 | 1000 | Rs 1,28,000 |
| HNI (Minimum) | 2 | 2000 | Rs 2,56,000 |
Eppeltone Engineers IPO Objectives
The proceeds from the Eppeltone Engineers Limited IPO will be utilised for following purposes:
| Purpose | Amount (in Rs) | Percentage |
|---|---|---|
| Working Capital Requirements | 30.00 Crore | 68.24% |
| Installation of new machinery | 5.00 Crore | 11.37% |
| General corporate purpose |
Eppeltone Engineers IPO Financial Performance
Find Eppeltone Engineers Limited IPO last 3 years financial details below.
| Financials | 31-Mar-25 (Crores) | 31-Mar-24 (Crores) | 31-Mar-23 (Crores) |
|---|---|---|---|
| REVENUE | 125.74 | 80.04 | 72.99 |
| ASSETS | 123.80 | 69.83 | 43.73 |
| NET WORTH | 40.00 | 20.40 | 11.49 |
| TOTAL DEBT | 30.54 | 16.31 | 12.68 |
| PAT | 11.23 | 8.16 | 1.09 |
Eppeltone Engineers IPO Strengths and Risks
Strengths:
- Eppeltone Engineers offers certified, cost-effective metering solutions backed by in-house R&D, advanced manufacturing, and strong DISCOM ties.
- Offers a wide, customizable product and service portfolio, enabling it to serve a diverse and expanding customer base.
- Trusted by major government utilities and contractors across India, with decades of proven experience.
Risks:
- Lack of long-term supplier contracts may lead to raw material shortages, cost spikes, and production delays.
- The top ten clients contribute over 85% of revenue, and the absence of long-term contracts increases vulnerability to revenue loss if key clients are lost.
- Failure to meet client standards may lead to penalties, contract loss, or reputational damage.
Eppeltone Engineers IPO Grey Market Premium (GMP)
The latest data indicates that the grey market premium (GMP) for Eppeltone Engineers Limited IPO is currently hovering around Rs 63 per share over the upper end of its Rs 128 price band:
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Disclaimer: This blog’s content is intended solely for informational and educational purpose only. Before making any investment decisions, it is recommended that investors consult with a certified financial advisor.