Latest news with #EppeltoneEngineers
News18
20 hours ago
- Business
- News18
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 — 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.
Time of India
2 days ago
- Business
- Time of India
Eppeltone Engineers IPO subscribed 234 times, GMP robust at 47% on Day 3. Check details
Eppeltone Engineers' IPO saw overwhelming demand with 234x subscription on Day 3, led by retail investors. Shares command a 46.9% grey market premium ahead of NSE SME listing. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads About Eppeltone Engineers IPO Eppeltone Engineers The third day of Eppeltone Engineers' initial public offering (IPO) witnessed an impressive subscription of 234 times, with the company's shares trading at a healthy grey market premium (GMP) of 46.9% or Rs 3:20 pm today, 57.49 crore bids were received from the market participants out of 24.56 lakh investors led the demand, submitting 2.47 lakh applications for a total of 24.71 crore shares. Non-Institutional Investors (NIIs) followed with 21,941 applications for nearly 26.41 crore Qualified Institutional Buyers (QIBs) had placed 91 applications for 7,92,31,000 Rs 43.96 crore IPO opened for subscription on Tuesday and will close on Thursday, with shares expected to be listed on the NSE SME on June offering comprises solely a fresh issue of 34.34 lakh equity shares, with a price band of Rs 125 to Rs 128 per share. Retail investors can apply for a minimum of 1,000 shares per lot, requiring an investment of Rs 1.28 lakh. High-net-worth individuals (HNIs) are required to bid for at least two lots, totaling Rs 2.56 proceeds from the IPO will be allocated to meet working capital requirements (Rs 30 crore), fund capital expenditure for new machinery (Rs 5 crore), and cover general corporate purposes and issue Global Consultants is the book-running lead manager, while Skyline Financial Services serves as the in 1977 and based in Noida, the company specializes in the manufacturing and supply of a wide range of energy management solutions, such as static and smart meters, watt-hour meters, BPL kits, LED lighting systems, advanced UPS solutions, battery chargers, and equipment for the railway and power key clients include Indian government agencies, electricity boards, and institutional buyers within the infrastructure operates a 36,000 sq. ft. manufacturing plant in Greater Noida, with additional units in New Delhi. The company employs 59 permanent staff and is known for its robust research and development capabilities, along with a focus on sustainability in its energy FY25, the company reported a 57% year-on-year revenue growth, reaching Rs 125.74 crore. Its profit after tax also grew by 38%, amounting to Rs 11.23 crore.
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Business Standard
2 days ago
- Business
- Business Standard
Last day! Eppeltone Engineers IPO ends today; 93x subscription, GMP at 48%
Eppeltone Engineers IPO grey market premium (GMP) today: The unlisted shares of Eppeltone Engineers were commanding a solid premium in the grey markets on the last day of the subscription window for its initial public offering (IPO). Sources tracking unofficial market activities revealed that the Eppeltone Engineers shares were quoted at around ₹190 per share, reflecting a grey market premium (GMP) of ₹62 or 48.44 per cent over the upper end of the issue price, reflecting favorable sentiments for the public offering. Eppeltone Engineers IPO subscription status Eppeltone Engineers IPO has also succeeded in garnering an overwhelming response from investors. According to data available on the National Stock Exchange (NSE), the Eppeltone Engineers IPO has garnered bids for 22,95,84,000 shares against 24,56,000 on offer, resulting in an oversubscription of 93.48 times, as of around 12:32 PM on Thursday, June 19. Eppeltone Engineers IPO details Eppeltone Engineers seeks to raise ₹41.75 crore from the public offering, which comprises an entirely fresh issue of 3.43 million equity shares, with no offer for sale (OFS) component. Eppeltone Engineers IPO is available at a price band of ₹125-128 per share, with a lot size of 1,000 shares. Eppeltone Engineers IPO allotment date, listing date As the subscription window sets to close today, the basis of allotment of Eppeltone Engineers IPO shares is likely to be finalised on Friday, June 20, 2025. The successful allottees will receive the company's shares into their demat accounts tentatively by Monday, June 23. Shares of Eppeltone Engineers are scheduled to list on the NSE SME, tentatively on Tuesday, June 24, 2025. Eppeltone Engineers IPO registrar, lead manager For the public offering of Eppeltone Engineers, Skyline Financial Services serves as the registrar, while Expert Global Consultants is the sole book-running lead manager. Eppeltone Engineers IPO objective As outlined in its Red Herring Prospectus (RHP), Eppeltone Engineers will use the proceeds from the public offering for working capital requirements and funding capital expenditure towards the installation of additional machinery at the factory. The company will further utilize the proceeds for general corporate purposes as well as for issue expenses. About Eppeltone Engineers Incorporated in 1977, Eppeltone Engineers operates in the business of manufacturing electronic energy meters, including smart meters and various power conditioning devices like high-grade chargers, UPS systems, etc., for consumers from institutions, industries, and electricity distribution utilities.
News18
2 days ago
- Business
- News18
Eppeltone Engineers IPO GMP Today: Check Subscription Status On Final Day Of Bidding
Last Updated: The GMP of the Eppeltone Engineers IPO is 45.31%, indicating strong listing gains for investors. Eppeltone Engineers IPO GMP: The initial public offering of Eppeltone Engineers Ltd is going to be closed today, Thursday, June 19. The IPO has received a strong response from investors. Till 10:00 am on the final day of bidding on Thursday, the Rs 13.91-crore SME IPO received a 38.05 times subscription, garnering bids for 8,69,02,000 shares as against 22,84,000 shares on offer. The retail and NII participation stood at 57.55 times and 39.89 times, respectively. Its qualified institutional buyer (QIB) category got a 2.50 times subscription. The three-day IPO will be closed on Wednesday, June 18. It received a 1.45 times subscription on Day 1 on Monday. Eppeltone Engineers IPO Price The price of the Eppeltone Engineers IPO has been fixed at Rs 128 apiece. Eppeltone Engineers IPO Lot Size The minimum lot size is 1,000 shares, requiring a retail investment of Rs 1,28,000. For NIIs, the minimum is 2 lots (2,000 shares) at Rs 2,56,000. Eppeltone Engineers IPO GMP Today According to market observers, the GMP of the Eppeltone Engineers IPO is 45.31%, indicating strong listing gains for investors. The shares of Eppeltone Engineers Ltd will be listed on the NSE SME on June 24. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. The Eppeltone Engineers IPO is a book-built issue worth ₹41.75 crore, comprising a fresh issue of 32.62 lakh equity shares. The IPO opened for subscription on June 17, 2025, and will close on June 19, 2025. Share allotment is likely to be finalized on June 20, with the listing expected on the NSE SME platform on June 24, 2025. The price band is set 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.
News18
3 days ago
- Business
- News18
Eppeltone Engineers IPO Day 2: Check Subscription Status, GMP Today
Last Updated: The GMP of the Eppeltone Engineers IPO is 50.78%, indicating strong listing gains for investors. Eppeltone Engineers IPO Day 2: The initial public offering of Eppeltone Engineers Ltd is witnessing the second day of bidding on Wednesday. So far, the IPO has received a strong response from investors. Till 10:55 am on the second day of bidding on Wednesday, the Rs 13.91-crore SME IPO received a 14.20 times subscription, garnering bids for 3,24,30,000 shares as against 22,84,000 shares on offer. The retail and NII participation stood at 22.77 times and 11.52 times, respectively. Its qualified institutional buyer (QIB) category got a 1.20 times subscription. The three-day IPO will be closed on Wednesday, June 18. It received a 1.45 times subscription on Day 1 on Monday. Eppeltone Engineers IPO Price The price of the Eppeltone Engineers IPO has been fixed at Rs 128 apiece. Eppeltone Engineers IPO Lot Size The minimum lot size is 1,000 shares, requiring a retail investment of Rs 1,28,000. For NIIs, the minimum is 2 lots (2,000 shares) at Rs 2,56,000. Eppeltone Engineers IPO GMP Today According to market observers, the GMP of the Eppeltone Engineers IPO is 50.78%, indicating strong listing gains for investors. The shares of Eppeltone Engineers Ltd will be listed on the NSE SME on June 24. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. The Eppeltone Engineers IPO is a book-built issue worth ₹41.75 crore, comprising a fresh issue of 32.62 lakh equity shares. The IPO opened for subscription on June 17, 2025, and will close on June 19, 2025. Share allotment is likely to be finalized on June 20, with the listing expected on the NSE SME platform on June 24, 2025. The price band is set 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.
