E to E Transportation Infrastructure IPO is a book-built issue of ₹84.22 crore, comprising a fresh issue of 0.48 crore equity shares. The IPO opened for subscription on December 26, 2025, and closed on December 30, 2025. The allotment is expected to be finalised on December 31, 2025, and the shares are scheduled to list on the NSE SME platform on January 2, 2026.
The IPO price band was fixed at ₹164 to ₹174 per share. Investors could apply in lots of 800 shares. For retail investors, the minimum investment was ₹2,78,400 (2 lots or 1,600 shares) at the upper price band. For HNI investors, the minimum application size was 3 lots (2,400 shares), amounting to an investment of ₹4,17,600.
The E to E Transportation Infrastructure IPO witnessed exceptional demand, with the issue being subscribed 526.56 times overall as of Day 3. The retail investors’ portion was subscribed 544.28 times, the QIB (excluding anchor) segment was subscribed 236.30 times, and the NII category saw a massive 872.09-times subscription, reflecting strong investor interest across categories.
E to E Transportation Infrastructure is a book-built IPO worth ₹84.22 crore, comprising entirely a fresh issue of 0.48 crore equity shares. The IPO opened for subscription on December 26, 2025, and closed on December 30, 2025. The allotment is expected to be finalised on December 31, 2025, and the company is scheduled to list on the NSE SME platform on January 2, 2026.
The IPO price band was fixed at ₹164 to ₹174 per share. Investors could apply in lots of 800 shares. At the upper end of the price band, the minimum retail investment stood at ₹2,78,400 (2 lots or 1,600 shares). For HNI investors, the minimum application size was 3 lots (2,400 shares), requiring an investment of ₹4,17,600.
The E to E Transportation Infrastructure IPO saw overwhelming demand, with the issue being subscribed 526.56 times overall as of the final day. The retail investors’ portion was subscribed 544.28 times, the QIB (excluding anchor) segment was subscribed 236.30 times, and the NII category was subscribed 872.09 times, indicating strong interest across investor categories.
The table below breaks down the E to E Transportation Infrastructure 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 | 2,44,000 (5.04%) |
| QIB (Total) | 22,96,800 (47.45%) |
| └ Anchor Investors | 13,77,600 (28.46%) |
| └ QIB (Ex-Anchor) | 9,19,200 (18.99%) |
| NII / HNI (Total) | 6,89,600 (14.25%) |
| └ bNII (> ₹10 lakh |
Data Source: NSE
| Category | Subscription (x) | Total Applications |
| QIB (Ex-Anchor) | 236.30 | 195 |
| NII / HNI* | 872.09 | 1,17,692 |
| └ bNII (Bids > ₹10 lakh) | 1,026.44 | — |
| └ sNII (Bids < ₹10 lakh) | 562.86 | — |
| Retail Individual Investors (RII) | 544.28 | 5,47,544 |
| Total | 526.56 | 6,65,431 |
Note: The subscription details are as of Dec 30, 2025
E to E Transportation Infrastructure Limited, incorporated in 2010, is an ISO 9001:2015 certified company that provides system integration and engineering solutions for the railway sector. The company offers a wide range of services, including signaling and telecommunications, overhead electrification, track projects and system integration, private sidings, and engineering design and research. It operates across mainline railways, urban transit systems, and private siding projects, delivering end-to-end solutions that cover design, procurement, installation, and testing.
As of September 30, 2025, E to E Transportation Infrastructure had an order book of 50 ongoing contracts valued at ₹401.10 crore, providing healthy revenue visibility. As of November 30, 2025, the company employed 353 full-time professionals. Its key strengths include the ability to execute projects across multiple stages, a strong and diversified order book, an experienced management team supported by a skilled workforce, an asset-light business model spanning diverse project categories, and a proven financial track record.
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: Dec 31, 2025, 10:18 AM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
