The sme IPO, valued at 41.75 Crore, Opened for Bidding on June 17 and Closed on June 19. The price band was set at 128 per share.
Eppeeltone Engineers Limited Plans to Utilize The Net Proceeds from its IPO to Meet the Working Capital Requirements of the Company, Capital Expenditure, Capital Expected, Specifically for the Insallation of Additional Machna Its manufacturing facility and general corporate purposes.
The company will credit the right shares on Monday, June 23, Into the Demat Accounts of Investors who has received the allotment. Refunds for rejected applications will also be processed the same day. EPPELTONE engineers IPO is stated to list on nse on tuesday, June 24, 2025.
How to check iPo allotment status
Step 1: Go to the IPO registrar website of Skyline Financial Services Private Ltd.
Step 2: From the selection menu, choose ePpeltone engineers IPO.
Step 3: to discover the status, pick a mode – click on Pan, Demat Account, Or Application Number.
Step 4: Enter the required information, such as your application number, pan, or demat account number.
Step 5: Enter the ‘captcha’ to verify that you are not a robot.
Step 6: Click ‘Submit’ to View Allotment Status.
About the IPO
The EPPELTONE engineers IPO is entryly fresh issue of 32.62 Lakh Shares with no offer for Sale Component. The minimum lot size for an application was 1,000 shares, and the minimum investment required by retail investors was 1.28 lakh.
The IPO Closed with overwhelming demand, garnering 296.34 times bids in three days. The IPO received bids for 67.68 Crore Shares Against 22.84 Lakh Shares on offer. The retail investor segment is a subscription of 248.04 times, while the non-institutional investors (NII) Category was decided 627.28 times. Meanwhile, The Qualified Institutional Buyers’ (QIBS) Portion was bid 132.23 times.
The EPPELTONE engineers iPo raised 12.52 Crore from Anchor Investors, With the Anchor Bidding Taking Place on June 16, 2025.
According to the rhp, the company plans to utilize the net issue proceeds to augment its capital base and met the general corporate purposes.
Expert Global Consultants Private Limited Served as the Book-Running Lead Manager for the EPPELTONE engineers IPO, while skyline financial services private Ltd Acade ACTD ACTED ACTED ACTED ACTED ACTED ACTED ACE Prabhat Financial Services Ltd was appointed as the market maker for the IPO.
About the company
Establed in 1977, Eppeltone Engineers Limited has Evolved into a Prominent Manufacturer of Electronic Energy Meters, Including Smart Meters, and A Wide of Power Conditioning Devices SUCS SUCS SUCS SUCS SUCS SHVS And high-grade charges. Originally focused on Switch Mode Power Supplies (SMPS) For Computers and Electronic Equipment, The Company has significantly broaded its offerings to serve industry and consequences, With a strong Emphasis on Energy Management Solutions.
Over the Years, EPPELTONE engineers have built a divese product portfolio that include Automatic Voltage Regulators (AVRS), Miniature Circuit Breakers (MCBs), and transducers. It is a certified Organization engaged in the design and supply of a wide array of products such as static watt-his meters, smart meters, waters, water meters, bpl kits, ups systems, UPS Systems, Lead Lumainires, Battyry Management Systems, Charges, Battery Packs, and even Software Development.
In addition, the company provides specialized solutions like 4.5kw regulated emergency charges, short neutral section assembles, lightweight insurance assemblies, MODULAR CANTILER NET Auto tension devices, underlining its position as a comprehensive provider of energy and power system components.
EPPELTONE ENGINEES IPO GMP Today
The IPO’s Grey Market Premium (Gmp) Today is 75 per share. This indicates an expected listing price of 203, A Premium of 58.59 Percent from its issue price of 128.
Disclaimer: The views and recommendations about individual analysts or broking companies, not mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.
Discover more from Gautam Kalal
Subscribe to get the latest posts sent to your email.
Be First to Comment