Eppeltone Engineers IPO

Founded in 1977, Eppeltone Engineers Limited is a certified manufacturer specialising in electronic energy meters, smart meters, and power conditioning devices like UPS systems and advanced chargers. Initially focused on Switch Mode Power Supplies (SMPS), the company has since expanded its portfolio to include AVR, MCBs, transducers, BPL kits, LED luminaires, battery systems, water meters, software solutions, and various railway components. Operating primarily in the B2B segment, it serves government and private clients across utilities, industrial, and commercial sectors. Its main 36,000 sq. ft. plant in Greater Noida is supported by units in Noida and Okhla.

Eppeltone Engineers Limited IPO Overview

Eppeltone Engineers IPO is a book-built issue of ₹43.96 crores, comprising a fresh issue of 34.34 lakh equity shares. The IPO opens for subscription on June 17, 2025, and closes on June 19, 2025. The allotment is expected to be finalised on June 20, 2025, with the listing scheduled on the NSE SME platform on June 24, 2025. The price band is set between ₹125 and ₹128 per share. Retail investors must apply for a minimum of 1,000 shares, requiring ₹1,25,000, though bidding at the cutoff price of ₹1,28,000 is advised to avoid oversubscription issues. HNI investors need to apply for at least two lots (2,000 shares), amounting to ₹2,56,000. Expert Global Consultants Private Limited is the book-running lead manager, and Skyline Financial Services Private Ltd is the registrar for this IPO.

Eppeltone Engineers Limited IPO Details

Particulars	Details
IPO Date	17 June 2025 to 19 June 2025
Listing Date	24 June 2025
Face Value	₹10 per share
Issue Price Band	₹125 to ₹128 per share
Lot Size	1000 Shares
Total Issue Size	34,34,000 shares (aggregating up to ₹43.96 Cr)
Fresh Issue	34,34,000 shares (aggregating up to ₹43.96 Cr)
Offer for Sale	NA
Issue Type	Bookbuilding IPO
Listing At	NSE SME
Share Holding Pre Issue	95,25,312 shares
Share Holding Post Issue	1,29,59,312 shares
Market Maker Portion	1,72,000 shares

Eppeltone Engineers Limited IPO Reservation

Investor Category	Shares Offered
QIB	Not more than 50% of the Net Issue
Retail	Not less than 35% of the Net Issue
NII (HNI)	Not less than 15% of the Net Issue

Eppeltone Engineers Limited IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	1	1,000	₹1,28,000
Retail (Max)	1	1,000	₹1,28,000
HNI (Min)	2	2,000	₹2,56,000

Eppeltone Engineers Limited IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	83.69%
Post-Issue

Eppeltone Engineers Limited IPO Valuation Overview

KPI	Value
Earnings Per Share (EPS)	10.58
Price/Earnings (P/E) Ratio	TBD
Return on Net Worth (RoNW)	40.79%
Net Asset Value (NAV)	48.79
Return on Equity	41%
Return on Capital Employed (ROCE)	37.55%
EBITDA Margin	18.68%
PAT Margin	10.75%
Debt to Equity Ratio	0.79

Objectives of the Proceeds

• Fund working capital requirement, ₹2500 lakhs

• Fund capital expenditure towards installation of additional machinery at the factory, ₹500 lakhs

• Meet general corporate expenses

Key Financials (in ₹ lakhs)

Particulars	30 Sept 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	10031.74	6982.55	4373.12	3392.86
Revenue	5016.53	7854.54	7264.47	8260.96
Profit After Tax	402.79	843.20	108.56	23.65
Reserves and Surplus	2327.43	1643.46	750.01	641.41
Total Borrowings	2088.15	1630.74	1267.51	1104.46