Eppeltone Engineers IPO is a book-built issue IPO, aiming to raise ₹41.75 crore. It is an entirely a fresh issue of 32.62 lakh shares. The bidding window was open from June 17, 2025, to June 19, 2025, with the IPO allotment to be finalised tomorrow on June 20, 2025. Eppeltone Engineers is scheduled to list on NSE SME on June 24, 2025.
The IPO was priced at a range of ₹125 – ₹128 per share with a lot size of 1000 shares. The public issue received bids for 67,68,51,000 shares against 22,84,000 shares available, resulting in an overall subscription of 296.34 times. NIIs led the response, subscribing 627.28 times their quota, followed by retail investors at 248.04 times.
Eppeltone Engineers' ₹41.75 crore IPO, priced between ₹125 – ₹128 per share, was subscribed 296.34 times overall. The IPO is an entirely a fresh issue of 32.62 lakh shares. Bidding took place from June 17 to June 19, 2025, with the Eppeltone Engineers IPO allotment status on June 20, 2025. Retail investors subscribed 248.04 and NIIs 627.28 times. Listing is expected on June 24, 2025.
The table below breaks down the Eppeltone Engineers share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
Investor Category | Shares Offered |
Market Maker Shares Offered | 1,72,000 (4.77%) |
Anchor Investor Shares Offered | 9,78,000 (27.12%) |
QIB Shares Offered | 6,52,000 (18.08%) |
NII (HNI) Shares Offered | 4,90,000 (13.59%) |
Retail Shares Offered | 11,42,000 (31.67%) |
Total Shares Offered | 36,06,000 (100.00%) |
Data Source: NSE
Category | Subscription (times) |
Qualified Institutional Buyers | 132.23 |
Non-Institutional Investors | 627.28 |
Retail Individual Investors | 248.04 |
Total shares | 296.34 |
Note: The subscription details are as of June 19, 2025
Eppeltone Engineers Limited was originally incorporated as Eppeltone Engineers Private Limited on September 18, 2002, under the Companies Act, 1956. It was subsequently converted into a public limited company and renamed Eppeltone Engineers Limited on June 19, 2024.
The company is engaged in the manufacturing of electronic energy meters and power conditioning devices, including high-grade chargers and uninterruptible power supply (UPS) systems. Its products cater to a wide range of institutional, industrial, and utility customers across India.
With a strong emphasis on quality and performance, Eppeltone operates a dedicated manufacturing facility in Greater Noida, Uttar Pradesh. The company has developed a reputation for delivering high-precision, reliable metering solutions and has secured approvals from over 30 state electricity distribution companies (DISCOMs) and several central public sector undertakings.
Eppeltone’s operations are primarily focused within India, with a significant presence in states such as Gujarat, Uttar Pradesh, Madhya Pradesh, Chhattisgarh, and Delhi. The company’s growth strategy is underpinned by its commitment to technological advancement, operational excellence, and customer satisfaction.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 19, 2025, 6:10 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and asset management, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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