Eppeltone Engineers was incorporated on September 18, 2002. The company manufactures electronic energy meters, smart meters, and power conditioning devices like chargers and UPS systems for institutional, industrial, and utility clients. Operating since 1977, it runs a single plant focused on quality and high-performance products
| Bidding Dates |
|---|
| 17 Jun 2025 - 19 Jun 2025 |
| Subscription |
|---|
| 275.66x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,25,000 | 1 | 1 | 1000 | 3.4 M | ₹125 - ₹128 | 61.51 % | ₹429.3 M - ₹439.6 M | RHP DOC |
Eppeltone Engineers IPO SUBSCRIPTION STATUS
19 Jun '25Eppeltone Engineers IPO overall subscription rate was 275.66 times the total available shares
Eppeltone Engineers IPO retail subscription rate was 329.53 times in the retail segment
Eppeltone Engineers IPO non-institutional investor subscription rate was 834.8 times in the non-institutional investor category
Eppeltone Engineers IPO Qualified Institutional Bidder subscription rate was 70.21 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
19 Jun 2025 (Day 3) | 329.53x | 834.8x | 70.21x |
18 Jun 2025 (Day 2) | 72.58x | 52.96x | 1.33x |
17 Jun 2025 (Day 1) | 16.87x | 8.69x | 0.64x |
Eppeltone Engineers FINANCIALS
| Period | Net Profit (Rs in crore) | Revenue from Operations (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 11.2 | 124.3 | -6.0 | -14.6 | 15.0% |
| FY24 | 8.2 | 78.5 | 4.7 | -0.2 | 19.0% |
| FY23 | 1.1 | 72.6 | 0.4 | -1.0 | -17.0% |
Eppeltone Engineers IPO SUBSCRIPTION STATUS DETAILS
Eppeltone Engineers had 3.4 M shares on offer
Eppeltone Engineers IPO offer price was in the range ₹125 - ₹128
Eppeltone Engineers IPO minimum Investment was ₹125000
Eppeltone Engineers IPO issue size was ₹ 429.3 M - ₹ 439.6 M
Eppeltone Engineers had a minimum lot size of 1000 Shares per application
Eppeltone Engineers NUMBER OF SHARES ON OFFER
Eppeltone Engineers IPO IMPORTANT DATES
| Issue Open Date | 17 Jun 2025 |
| Issue close Date | 19 Jun 2025 |
| Allotment Date | 20 Jun 2025 |
| Refund Date | 23 Jun 2025 |
| Demat Account Credit Date | 23 Jun 2025 |
| Listing Date | 24 Jun 2025 |
| Listing on Exchange(s) | NSE |
| Eppeltone Engineers Allotment Status | Exchange/ Registrar |
Eppeltone Engineers IPO subscription opened on 17 Jun 2025, and closed on 19 Jun 2025
IPO allotment for Eppeltone Engineers was finalized on Friday, 20 Jun 2025
IPO listing for Eppeltone Engineers was on NSE on Tuesday, 24 Jun 2025
Eppeltone Engineers IPO LISTING GAINS
| Issue Price (adjusted) | 128.0 |
| Listing Open Price | 243.2 |
| Listing Close Price | 255.3 |
| Listing Gain% | 90.0% |
| Current Gain% | 12.3% |
Eppeltone Engineers Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Eppeltone Engineers Ltd. | 143.7 | 186.2 | 15 | 1.2 | 1.4 | 13.6 | 6.6 | 135.5 | 7.8 | 12.4 | 12.9 | 9.5 | 12.9 |
| Havells India Ltd. | 1288 | 80750.1 | 49.4 | 3.2 | 3.4 | 17.9 | 11.5 | 23022.2 | 4.3 | 1690.6 | 14.8 | 26.1 | 15.7 |
| Waaree Energies Ltd. | 2717 | 78154.9 | 20.5 | 0.3 | 2.6 | 25.7 | 12.3 | 27244.9 | 83.5 | 3711.3 | 98.7 | 132.7 | 72 |
| Apar Industries Ltd. | 16631 | 66829.5 | 56.6 | 1.7 | 2.7 | 18.1 | 7.1 | 22966.9 | 22.9 | 976.9 | 18.9 | 294 | 34 |
| Premier Energies Ltd. | 1047.2 | 47537.8 | 28.6 | 0.5 | 5.6 | 35 | 13.9 | 8025.9 | 20.7 | 1509.8 | 61.1 | 36.7 | 59.1 |
| Honeywell Automation India Ltd. | 37900 | 33509.3 | 60.8 | 7.9 | 7.1 | 11.8 | 8.4 | 4860.9 | 11.2 | 525 | 0.3 | 623.3 | 7.7 |
Eppeltone Engineers INFORMATION ON IPO ISSUE
About Eppeltone Engineers
Eppeltone Engineers was incorporated on September 18, 2002. The company manufactures electronic energy meters, smart meters, and power conditioning devices like chargers and UPS systems for institutional, industrial, and utility clients. Operating since 1977, it runs a single plant focused on quality and high-performance products
Object of the Issue
- Working capital requirements of the company
- Funding capital expenditure towards installation of additional machinery at their factory
- General corporate purposes
Eppeltone Engineers - PROMOTERS
| Name |
|---|
| Rohit Chowdhary |
| Deven Chowdhary |
| Reshu Chowdhary |
Eppeltone Engineers Book Running Lead Manager
Expert Global Consultants Private Limited
ipo@expertglobal.in
Eppeltone Engineers Registrar to the issue
Skyline Financial Services Private Limited
ipo@skylinerta.com
Eppeltone Engineers Strengths
Quality
The company adheres to strict quality standards to ensure its products meet global benchmarks, helping maintain strong customer relationships and attract both domestic and international clients
Diversified product portfolio
The company offers a broad and expanding product portfolio along with turnkey services through trained personnel, enabling it to serve a diverse clientele. It also customizes products to meet specific institutional and corporate needs
Client relationship
The company has long-standing relationships with key customers, including over 30 state utilities, CPSUs, and private contractors. Its experience and focus on technology and efficiency have helped it continuously improve its offerings to meet customer needs
Eppeltone Engineers Risks
Competition
The company derives a major part of its revenue from government tenders. Any failure to secure new tenders or loss of existing contracts may negatively impact its operations and financial condition
Geographically concentrated
Although the company supplies products across India, a significant share of revenue comes from select states. Political, geographical, or demand shifts in these regions may impact customer retention and overall performance
Client-specific compliance & service
Some client work orders require adherence to their specific codes of conduct and regulations, increasing compliance costs. Service disruptions or failure to meet client expectations may lead to contract terminations, affecting business growth and financial performance
IPO FAQs
The promoters of the company are Rohit Chowdhary, Deven Chowdhary and Reshu Chowdhary.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 125.0 - 128.0.
The IPO application opens on Jun 17, 2025 and closes on Jun 19, 2025.
The minimum lot size for the IPO is 1000. The maximum lot size for the IPO is 1000.
For all category investors, the minimum application amount for this IPO is Rs. 125,000.0, the maximum value for this IPO is Rs 128,000.0.
This IPO will be allotted on Jun 20, 2025.
The refund will be credited to your account on Jun 23, 2025.
The allotted shares will be credited to your demat on Jun 23, 2025.
Eppeltone Engineers Ltd.’s shares listed on the stock exchanges on Jun 24, 2025.