Eppeltone Engineers IPO to Open on June 17th 

Mumbai, June 11, 2025 – Eppeltone Engineers Limited is preparing to hit the capital markets with its Initial Public Offering (IPO) on June 17, aiming to raise funds via a 100% book-built issue listed on the NSE SME platform. The bidding window will be open from June 17 to June 19, with a price range set between ₹125 and ₹128 per equity share.

IPO Overview

Company Background

Eppeltone Engineers Limited specialises in delivering end-to-end engineering and industrial service solutions. Operating across infrastructure, mechanical, and energy sectors, the company provides niche services such as installation, commissioning, and maintenance. Over time, it has built a solid track record, particularly in executing high-precision EPC (Engineering, Procurement, and Construction) projects, demonstrating technical expertise and consistent performance.

Use of IPO Proceeds

According to the Red Herring Prospectus (RHP), the company plans to allocate the net proceeds from the public issue towards the following purposes:

• Funding working capital needs
• Meeting general corporate expenses
• Covering issue-related costs

Offer Structure and Promoter Holding

The IPO is entirely a fresh issue of 34,34,000 equity shares, with no Offer for Sale (OFS) component. This ensures that all raised capital will flow into the company for growth and operations. While the promoters will offload a part of their holding through the IPO, they are expected to retain significant control of the company post-issue.

Lead Manager and Registrar

• Book Running Lead Manager (BRLM): To be announced
• Registrar to the Issue: To be announced

What Investors Should Track

• This IPO falls under the SME segment, making it relatively affordable for retail participants.
• Eppeltone’s diversified project capabilities and technical expertise may appeal to HNI and institutional investors.
• Given current market fluctuations, the listing sentiment for SME stocks will be a critical factor for the stock’s post-IPO performance.

Looking Ahead

Eppeltone Engineers is expected to list on the NSE SME exchange following allotment and the completion of post-issue formalities. Investors interested in mid-sized engineering and infrastructure businesses will be keeping a close eye on the subscription data and final listing price.

Stay connected for further updates on IPO allotment and market debut post June 19, 2025.

REF: https://www.nseindia.com/market-data/issue-information?symbol=EEPL&series=SME&type=Forthcoming

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