Eppeltone Engineers IPO Allotment Today: Here's How To Check Allotment Status, Know Latest GMP
The GMP of the Eppeltone Engineers IPO is 58.59%, indicating strong listing gains for investors.
Eppeltone Engineers IPO Allotment: The initial public offering of Eppeltone Engineers has received a whopping 296.34 times subscription in total, indicating huge interest from investors. Investors are now eagerly awaiting its allotment even its latest GMP shows a strong 58.59% listing gains. The allotment of the Eppeltone Engineers IPO is expected to be finalised today, Friday, June 20, in the evening.
Once the IPO allotment is finalised, investors will start receiving bank debit messages, most probably in the evening. They can also check their allotment status on the websites of the NSE as well as registrar Skyline Financial Services.
The allotment is expected to be finalised in the evening today, Friday, June 20. The allotment status can be checked by following these steps:
Step 1: Visit Skyline Financial Services' portal — https://www.skylinerta.com/ipo.php.
Step 2: Under 'Select Company', choose 'Eppeltone Engineers Ltd'. Importantly, if the company's name is not visible in the drop-down list, it means the allotment has not been finalised yet.
Step 4: Hit 'Search' button.
Your allotment status will appear on the display.
According to market observers, the GMP of the Eppeltone Engineers IPO is 58.59%, indicating strong listing gains for investors.
The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price.
Eppeltone Engineers IPO Listing Date
The shares of Eppeltone Engineers Ltd will be listed on the NSE SME on June 24.
Eppeltone Engineers IPO: More Info
The public offer was open between June 17 and June 19 for public bidding. The IPO aimed to raise Rs 41.75 crore and comprised a fresh issue of 32.62 lakh equity shares.
On the final day of bidding, the Rs 13.91-crore SME IPO received a 296.34 times subscription, garnering bids for 67,68,51,000 shares as against 22,84,000 shares on offer. The retail and NII participation stood at 248.04 times and 627.28 times, respectively. Its qualified institutional buyer (QIB) category got a 132.23 times subscription.
The price band was fixed at Rs 128 per share.
Eppeltone Engineers Ltd's revenue increased by 57% and profit after tax (PAT) rose by 38% between the financial year ending with March 31, 2025 and March 31, 2024.
Expert Global Consultants Pvt Ltd is managing the issue as the lead book runner, Skyline Financial Services Pvt Ltd is the registrar, and Prabhat Financial Services Ltd is the market maker.
Eppeltone Engineers Ltd, founded in 1977, manufactures smart meters, power conditioning devices, and energy management solutions, primarily serving government clients in the B2B segment.
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