Eppeltone Engineers IPO Closes with Blockbuster 272.90x Subscription on Final Day
By HDFC SKY | Published at: Jun 19, 2025 09:06 PM IST
Mumbai, June 19, 2025, 16:22 IST — Eppeltone Engineers Limited concluded its IPO with an extraordinary investor response, recording a total of 67.02 crore shares bid, oversubscribing the net issue of 24.56 lakh equity shares by a staggering 272.90 times on the final day.
Final Subscription Status (as of June 19, 2025 – 16:22 hrs)
| Category | No. of Applications | Shares Bid For |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 98 | 8,62,17,000 |
| Non-Institutional Investors (NIIs) | 23,298 | 30,74,29,000 |
| Retail Individual Investors (RIIs) | 2,76,599 | 27,65,99,000 |
| Total | 2,99,995 | 67,02,45,000 |
RII Bidding Details:
- Cut-off price bids: 16.79 crore shares
- Price bids: 10.86 crore shares
IPO Snapshot
| Detail | Info |
|---|---|
| Issue Period | June 17 – June 19, 2025 |
| Price Band | ₹125 – ₹128 |
| Face Value | ₹10 per share |
| Lot Size | 1,000 shares |
| Net Issue Size | 24,56,000 equity shares |
| Total Subscription | 272.90x |
| Anchor Allocation | 9,78,000 shares |
| Market Maker Portion | 1,72,000 shares |
| Listing Platform | NSE SME |
Category-Wise Highlights
- QIBs: Institutional demand surged to 8.62 crore shares, reflecting strong confidence from funds and FIIs.
- NIIs: HNI participation was overwhelming at 30.74 crore shares, nearly 125x the total issue.
- Retail Investors: Nearly 2.77 lakh retail applicants bid for 27.66 crore shares, more than 112x the retail quota.
Conclusion
Eppeltone Engineers’ IPO has closed with one of the highest oversubscription rates among NSE SME listings in recent times. The stellar demand from all investor classes — especially QIBs and retail — signals strong market confidence in the company’s fundamentals and growth prospects.
Allotment finalization is expected soon, followed by listing on the NSE SME platform. Investors now eagerly await potential listing gains.
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