Eppeltone Engineers Limited, established in 1977, is a manufacturer and solution provider in the field of electronic energy metering, smart meters, and power conditioning devices. With a history spanning over four decades, the company has evolved from creating Switch Mode Power Supplies (SMPS) for computers to offering a comprehensive portfolio of power and energy management products.

Their products are used across industrial, commercial, utility, and domestic segments, with a heavy focus on government tenders and contracts. Operating in the B2B domain, their client base includes various Government Entities and private companies.

IPO Details: Issue Size, Dates, and Price Band

Eppeltone Engineers is launching a Book Built IPO amounting to ₹43.96 crore, comprising 32.62 lakh fresh equity shares. There is no Offer for Sale (OFS) component.

• IPO Opens: June 17, 2025

• IPO Closes: June 19, 2025

• Allotment Date: June 20, 2025 (Friday)

• Tentative Listing Date: June 24, 2025 (Tuesday)

• Listing Platform: NSE SME

• Price Band: ₹125 to ₹128 per share

Lot Size & Investment

• Lot Size: 1,000 shares

• Minimum Retail Investment (at lower band ₹125): ₹1,25,000

• Minimum Retail Investment (cut-off bid at ₹128): ₹1,28,000

• HNI Minimum Investment: 2 lots = ₹2,56,000

Retail investors are advised to bid at the cut-off price to avoid missing allotment due to oversubscription, which is highly likely in the SME segment.

Lead Manager, Registrar & Market Maker

• Lead Manager: Expert Global Consultants Pvt. Ltd.

• Registrar: Skyline Financial Services Pvt. Ltd.

No market maker has been officially mentioned at this point in time.

About the Company

Eppeltone Engineers specializes in the design, development, and manufacture of:

• Static watt-hour meters and smart meters

• Water meters and BPL kits

• UPS systems and battery chargers

• LED luminaires, MCBs, transducers, and more

• Software and embedded solutions for energy management

• High-grade energy-efficient devices including regulated emergency chargers, neutral section assemblies, cantilever systems, and auto-tensioning devices

They are committed to energy sustainability and offer custom-engineered solutions to utilities and industrial clients.

Their primary manufacturing unit is a 36,000 sq. ft. plant in Greater Noida, UP, with auxiliary units in Noida and Okhla, New Delhi, focusing on R&D, quality control, and specialized production. As of March 31, 2024, the company had 59 full-time employees.

Competitive Strengths

• Advanced R&D and manufacturing facilities

• Quality compliance and certifications

• Innovative and diverse product line

• Established government and industrial client base

• Environmentally focused production

• Veteran leadership and technically skilled team

These factors support the company's long-term sustainability and business stability in a niche sector.

Key Business Focus Areas

• Development of smart metering systems for utilities

• Integration of IoT-based energy devices

• Expansion in B2G and B2B segments

• Growth of embedded solutions for smart infrastructure

Eppeltone Engineers IPO GMP (Grey Market Premium)

As of the latest update, the GMP for Eppeltone Engineers IPO has not been declared. The SME IPO market is known for rapid GMP updates closer to the listing date. Currently, investors should focus on fundamentals and valuation as GMP might fluctuate or remain unavailable until listing approaches

Disclaimer

This article is for educational and informational purposes only and does not constitute financial advice. Investment decisions should be based on individual risk tolerance and consultation with SEBI-registered advisors. Market conditions are volatile and subject to change. Neither the author nor the platform is responsible for losses arising from use of this information

The Upcoming IPOs in this week and coming weeks are Sambhav Steel Tubes, Ellenbarrie Indutrial Gases, Kalpataru, HDB Financials, ArisInfra Solutions, Influx Healthtech, Mayasheel Ventures, Eppeltone Engineers, Patil Automation, Samay Projects Services.

The Current active IPO are Jainik Power Cables, Monolithisch India.

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