Eppeltone Engineers Limited IPO Allotment Status: Check Latest GMP, Steps to Verify Status
Eppeltone Engineers Limited launched its IPO for public subscription on June 17, 2025. The bidding window for Eppeltone Engineers IPO closed yesterday, i.e., on June 19, 2025. The allotment process is expected to be finalised today, on June 20, 2025, with the company's shares set to be listed on NSE tentatively on Tuesday, June 24, 2025.
Know the procedure to check the allotment status on the NSE website.
Check Eppeltone Engineers Limited IPO Allotment Status on NSE
Here is the process to check Eppeltone Engineers Limited IPO Allotment Status on NSE:
- Open the Application Status page of NSE here.
- Choose 'Equity & SME IPO bid details'.
- Select 'Eppeltone Engineers Limited' from the list of companies.
- Enter your IPO application number and PAN details.
- Click on the submit button to check the details of the share allotment.
Eppeltone Engineers Limited IPO Details
Eppeltone Engineers Limited IPO was a book-built issue of ₹41.75 crores, entirely a fresh issue of 32.62 lakh shares. Investors could apply with a minimum lot size of 1000, requiring a minimum investment of ₹1,25,000. The issue price band was set between ₹125 - ₹128 per share.
Expert Global Consultants Private Limited is the book-running lead manager of the Eppeltone Engineers IPO, while Skyline Financial Services Private Ltd is the registrar. The market maker for the IPO is Prabhat Financial Services Ltd.
Overall Subscription Status
(June 19, 2025, end of the day)
On Day 3, Eppeltone Engineers Limited IPO was subscribed 296.34 times as per the NSE data. The public issue was subscribed 248.04 times in the retail category, 132.23 times in QIB, and 627.28 times in the NII categories.
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Utilization of IPO Proceeds
The company will utilise the net proceeds from the issue towards the following objects:
- Funding the working capital requirements of the Company.
- Funding Capital Expenditure towards installation of additional machinery at the factory.
- General Corporate Purposes.
- Issue Expenses.
Eppeltone Engineers GMP Details
According to Business Standard, Eppeltone Engineers Grey Market Premium (GMP) was ₹75 as of June 20, 2025, 08:25 a.m. If the current GMP trend continues, the company's shares are likely to be listed at ₹203, indicating a 58.59% premium to the upper end of the price band.
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Source: Business Standard Media Report dated June 20, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
Eppeltone Engineers Limited Business Overview
Incorporated originally in 1977 and converted to a public limited company in June 2024, Eppeltone Engineers Ltd. is a manufacturer and producer of electronic energy meters (including static, smart, and water meters) and power‑conditioning equipment such as SMPS, AVR, UPS, MCBs, and transducers.
In FY24, the company recorded revenues of ₹80.04 crore and PAT of ₹8.43 crore, compared to ₹72.99 crore and ₹1.09 crore in FY23.
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