E to E Transportation Infrastructure IPO Details

SME

E to E Transportation Infrastructure IPO opens for subscription on 26 Dec 2025 and closes on 30 Dec 2025. The IPO will be listed on NSE with the tentative listing date set for 02 Jan 2026.

E to E Transportation Infrastructure IPO price band has been fixed at ₹164 – ₹174 per share.The face value is ₹10 per share with a lot size of 800.

E to E Transportation Infrastructure IPO total issue size comprises 48,40,000 shares (aggregating up to ₹84.22 Cr.). This includes a fresh issue of 48,40,000 shares (aggregating up to ₹84.22 Cr.). Pre-issue shareholding stands at 1,24,17,570, which will increase to 1,72,57,570 post-issue.

E to E Transportation Infrastructure IPO carries a ₹162 (93.1%) GMP, reflecting investor sentiment.

E to E Transportation Infrastructure IPO Lot Size : Individual Minimum is 2 lots (1,600 shares) amounting to ₹278,400. Individual Maximum is 2 lots (1,600 shares) amounting to ₹278,400. SHNI Minimum is 3 lots (2,400 shares) amounting to ₹417,600. SHNI Maximum is 7 lots (5,600 shares) amounting to ₹974,400. BHNI Minimum is 8 lots (6,400 shares) amounting to ₹1,113,600.

The Lead Managers for E to E Transportation Infrastructure IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Hem Securities Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Hem Finlease. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the E to E Transportation Infrastructure Limited RHP.

E to E Transportation Infrastructure IPO Details

Listing Price : ₹330.6 at a Premium of 90%
Open Date
26 Dec 2025
Close Date
30 Dec 2025
Listing Date
02 Jan 2026
Issue Price
₹164 - ₹174
Face Value
₹10 per share
Lot Size
800
GMP
₹162 (93.1%)
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Share holding pre issue
12417570
Share holding post issue
17257570
Total Issue Size
48,40,000 shares (aggregating up to ₹84.22 Cr.)
Fresh Issue
48,40,000 shares (aggregating up to ₹84.22 Cr.)
Offer for Sale
-

E to E Transportation Infrastructure IPO Subscription

E to E Transportation Infrastructure IPO Application Wise Breakup

E to E Transportation Infrastructure IPO Dates

  • 26 Dec 2025
    Opening dateOpen
  • 30 Dec 2025
    Closing dateClose
  • 31 Dec 2025
    Allotment Date Allotment
  • 01 Jan 2026
    Initiation of RefundsRefund
  • 01 Jan 2026
    Credit of SharesCredit
  • 02 Jan 2026
    Listing dateListing

E to E Transportation Infrastructure IPO Lot Size

ApplicationLotsSharesAmount
Individual Minimum21600₹278,400
Individual Maximum21600₹278,400
SHNI Minimum32400₹417,600
SHNI Maximum75600₹974,400
BHNI Minimum86400₹1,113,600

E to E Transportation Infrastructure IPO Reservation

Promoter Holding

Pre Issue:44.77%
Post Issue:32.21%
Promoter Names:
Zephyr Mantra LLC and Ventureast ETOE LLP, Sourajit Mukherjee

E to E Transportation Infrastructure IPO Valuations

ROE:15.72%
ROCE:15.69%
DEBT/EQUITY:0.57
RONW:12.39%
PAT MARGIN:5.73%
PRICE TO BOOK VALUE:1.86
P/E Pre IPO:15.44
P/E Post IPO:21.46

E to E Transportation Infrastructure Financial Information

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets310.84295.44200.89145.16
Total Income112.78253.82172.50135.70
Profit After Tax-7.4913.9910.268.15
EBITDA-3.8826.5718.3413.28
NET Worth108.70116.0566.8657.15
Reserves and Surplus96.28115.6866.6756.95
Total Borrowing113.5166.1861.1843.11
Amount in ₹ Crore

About E to E Transportation Infrastructure IPO

Incorporated in 2010, E To E Transportation Infrastructure Limited is an ISO 9001:2015 certified engineering company engaged in delivering integrated solutions for the railway infrastructure sector. The company specializes in providing end-to-end system integration and engineering services across India’s rail ecosystem, encompassing mainline railways, urban transit systems, and private siding infrastructure.

The company’s service portfolio spans Signaling and Telecommunications (S&T), Overhead Electrification (OHE), Track Projects and System Integration, Private Sidings, and services delivered through its Engineering Design and Research Centre (EDRC). E To E Transportation Infrastructure Limited offers comprehensive execution capabilities covering the entire project lifecycle, including design, engineering, procurement, installation, integration, testing, and commissioning of railway systems.

With strong technical expertise in signaling and telecommunication systems, track electrification, and turnkey railway infrastructure projects involving civil and track components, the company has established a track record of executing complex and mission-critical rail projects. Its clientele includes zonal railways and public sector undertakings under Indian Railways, corporate entities operating private rail sidings, and infrastructure development companies in India, along with select international engagements.

Key projects executed by the company include CBTC signaling systems for Hyderabad Metro and Nagpur Metro, signaling and telecommunication modernization works for Vizag Steel Plant and NUPPL Power Plant, electronic interlocking system upgrades for the Hosur–Salem section, siding expansion with Dedicated Freight Corridor (DFC) connectivity at Gujarat Pipavav Port, and platform screen door installations for Mumbai Metro Line 3 and Chennai Metro Phase 1.

As of June 30, 2025, the company had an order book of 49 ongoing contracts aggregating to ₹43,964.38 lakh, reflecting strong execution visibility. As of July 31, 2025, E To E Transportation Infrastructure Limited employed 425 full-time personnel, comprising engineers, project managers, and technical specialists, supporting its multi-disciplinary project execution capabilities.

Through its integrated service offerings, experienced management, and growing order pipeline, E To E Transportation Infrastructure Limited is positioned as a comprehensive rail engineering solutions provider catering to India’s expanding railway and urban transit infrastructure requirements.

Strength Of E to E Transportation Infrastructure IPO

  • Capability across different stages of project execution.
  • Strong and diversified order book (unfulfilled portion of the original order).
  • Experienced board and key managerial personnel and skillfully trained workforce.
  • Undertaken diverse categories of projects with an asset light model.
  • Established financial track record.

Risk Of E to E Transportation Infrastructure IPO

  • The company derives a substantial portion of its revenues from a limited number of customers, particularly government clients including Indian Railways and its associated entities.
  • Any delays in project execution works may impact the timely execution which may lead to penalties, loss of reputation, or termination of contracts.
  • Its Order Book (unfulfilled portion of the original order) is subject to cancellation, modification or delay which may materially and adversely affect the company business, futures prospects, reputation, financial condition and results of operations.
  • The company inability to collect receivables from its customers or default in payment by them could result in the reduction of the company profits and affect its cash flows.
  • The Company operations requires significant amount of working capital for a continuing growth and subject to delays in payments from government clients. Its inability to meet the company working capital requirements may adversely affect its results of operations.
  • The Company and Subsidiary are party to certain legal proceedings, any adverses decision in such proceedings may have a material adverses effect on the company business, results of operations and financial condition.
  • The company are required to furnish bank guarantees/ surety bonds as part of its business. The company inability to arranges such guarantees or the invocation of such guarantees or its inability to fulfill any or all of the obligations under such bank guarantees / surety bonds may or may not adversely affect the company cash flows and financial condition.
  • The company Contingent Liability and Commitments could affect its financial position.
  • The company business is significantly dependent on its ability to successfully bid for and secures new contracts, which is inherently uncertain and subject to intenses competition.
  • A significant portion of the company revenues comprises unbilled revenues, which may not be realized in a timely manner or at all.

Objectives E to E Transportation Infrastructure IPO

1. To meet working capital requirements

2. General Corporate Purpose

Company Contact Details

E to E Transportation Infrastructure Ltd.
10th Floor, Sattva Galleria
Survey, Nos. 19/2 and 20/1,
Bellary Road, Byatarayanapura, Bangalore North
Bangalore Urban, Karnataka, 560092
Email: srilakshmi.surendran@etoerail.com
Website: https://etoerail.com/

Registrar Contact Details

Name: MUFG Intime India Pvt Ltd
Phone: +91-22-4918 6270

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