Strong financials, expanding product line, and high grey market premium boost investor interest ahead of June 19 close
June 19, 2025: New Delhi
📈 IPO Overview: Fresh Issue, Strategic Use of Funds
Eppeltone Engineers Limited has launched its ₹43.96 crore Initial Public Offering (IPO), open for subscription from June 17 to June 19, 2025. The company plans to issue 34.34 lakh fresh equity shares, with no offer for sale (OFS) component.
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- Price Band: ₹125–₹128
- Lot Size: 1,000 shares
- Retail Investment (Min): ₹1,28,000
- HNIs Investment (Min): ₹2,56,000 (2 lots)
- Listing Date: Tentative – June 24, 2025 on NSE SME
- Lead Manager: Expert Global Consultants Pvt Ltd
- Registrar: Skyline Financial Services Pvt Ltd
- Market Maker: Prabhat Financial Services Ltd
Reservation Breakdown:
- 50% for QIBs
- 35% for Retail Investors
- 15% for Non-Institutional Investors (NIIs)
💹 Grey Market Premium (GMP) Skyrockets
The IPO’s GMP has surged to ₹51, a 39.8% premium over the upper price band of ₹128, signaling bullish sentiment. Notably, this is a jump from ₹30 on June 11, reflecting growing investor enthusiasm.
🏭 About Eppeltone Engineers Ltd
Founded in 1977, Eppeltone Engineers is a well-established electronics manufacturer, specialising in:
- Electronic Energy Meters (Smart & Static)
- AVRs, MCBs, Transducers
- UPS Systems & High-Grade Chargers
- Water Meters, LED Luminaires, Battery Packs
- BPL Kits and Power Conditioning Devices
Initially focused on SMPS (Switch Mode Power Supply) units, the company has evolved into a B2B supplier for government agencies, along with a select private clientele across industries and residential segments.
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Manufacturing Footprint:
- Main Facility: 36,000 sq. ft. in Greater Noida
- Other Units: Noida and Okhla (New Delhi)
💰 Financial Performance Snapshot
| Financial Year | Revenue | PAT (Profit After Tax) |
|---|---|---|
| FY24 | ₹80.04 Cr | ₹8.16 Cr |
| FY25 | ₹125.74 Cr | ₹11.23 Cr |
🧾 IPO Objectives
The net proceeds will be utilized for:
- Working Capital Requirements
- Capital Expenditure (New Machinery)
- General Corporate Purposes
- Issue-related Expenses
With rising subscription numbers and a GMP that’s climbing by the day, Eppeltone Engineers IPO is shaping up to be a strong debut on the NSE SME platform. If you’re an investor eyeing promising SME plays, this IPO is clearly on the radar.
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