Eppeltone Engineers

Eppeltone Engineers Limited - IPO

SME

Eppeltone Engineers IPO Details

Open Date
17 Jun 2025
Close Date
19 Jun 2025
Listing Date
24 Jun 2025
Issue Price
₹125 - ₹128
Face Value
₹10 per share
Lot Size
1000
GMP
₹15 (11.7%)
Issue Type
IPO
Listing On
NSE
Type
Book Built Issue
Share holding pre issue
9525312
Share holding post issue
12959312
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
-

Eppeltone Engineers IPO Dates

  • 17 Jun 2025
    Opening dateOPD
  • 19 Jun 2025
    Closing dateCOD
  • 20 Jun 2025
    Basis of AllotmentBOA
  • 23 Jun 2025
    Initiation of RefundsIOR
  • 23 Jun 2025
    Credit of SharesCOS
  • 24 Jun 2025
    Listing dateLID

Eppeltone Engineers IPO Lot Size

ApplicationLotsSharesAmount
Retain Minimum11000₹128,000
Retain Maximum11000₹128,000
HNI Minimum22000₹256,000

Eppeltone Engineers IPO Reservation

Promoter Holding

Pre Issue:83.69%
Post Issue:61.51%
Promoter Names:
Rohit Chowdhary, Deven Chowdhary, Reshu Chowdhary

Eppeltone Engineers IPO Valuations

ROE:41%
ROCE:43%
DEBT/EQUITY:0.79
RONW:40.79%
PAT MARGIN:10.75
PRICE TO BOOK VALUE:2.62
EPS Pre IPO:11.79
EPS Post IPO:8.67
P/E Pre IPO:10.86
P/E Post IPO:14.77

Eppeltone Engineers Limited Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets123.8069,82,550.0043.73
Revenue125.7480.0472.99
Profit After Tax11.238.161.09
Net Worth40.0020.4011.49
Reserves and Surplus30.4816.167.50
Total Borrowing30.5416.3112.68
Amount in ₹ Crore

About Eppeltone Engineers IPO

Founded in 1977, Eppeltone Engineers Limited specializes in manufacturing electronic energy meters, including smart meters, alongside various power conditioning devices like UPS systems and high-grade chargers known for its diverse portfolio of products, including AVR, MCBs, and transducers, initially specializing in Switch Mode Power Supplies (SMPS) for computers and other electronic devices, they have significantly expanded their product range to cater to both industrial and consumer needs, with a focus on energy management solutions.

The company is a certified organization engaged in designing and supplying static watt hour meters, smart meters, water meters, BPL kits, UPS systems, LED luminaries, battery management systems, chargers, packs, software development, 4.5KW regulated emergency chargers, short neutral section assemblies, lightweight insulator assemblies, modular cantilever systems, and auto tensioning devices.

The Company operates in the B2B segment, primarily providing products and services to Government Entities, which make up most of our transactions.

The company also supply products to private sector companies, serving Non-Government and Government entities across various industries.

Eppeltone's diverse product range caters to various sectors, including electricity utilities, industries, commercial establishments, and domestic consumers.

The company’s primary manufacturing facility is a 36,000 sq. ft. plant in Greater Noida, Uttar Pradesh which serves as the central hub for production and innovation.

Eppeltone Engineers has supporting units in Noida and Okhla, New Delhi. These units complement the primary facility by handling specialized production processes, quality control, and research and development (R&D) activities.

As on March 31, 2024, the company had 59 permanent employees.

Strength Of Eppeltone Engineers IPO

1. Established brand in the electric equipment industry.

2. Product portfolio.

3. Strong manufacturing facilities with a focus on technology upgradation.

4. Established relationship with customers and strong pre-qualification credentials.

5. Experienced management team and skilled workforce.

Risk Of Eppeltone Engineers IPO

1. The company has obtained some of its contracts through government tenders, unavailability or any failures to secure these tenders in the future may adversely affect its business operations and financial conditions.

2. The company does not have long-term contracts with its suppliers and therefore, there may be potential unavailability of raw materials in future, which may adversely affect its business operations.

3. Significant portion of its revenue has been generated from some states of India, any loss of business from these states may adversely affect its revenues and profitability.

4. Its Registered Office from where the company operate is not owned by it.

5. The Company is dependent on few numbers of customers for sales. Loss of any of this large customer may affect its revenues and profitability.

6. Its failures to perform in accordance with the standards prescribed in work order of its client could result in loss of business or payment of liquidated damages.

7. The company has experienced negative cash flows in the past. Any such negative cash flows in the future could affect its business, results of operations and prospects.

8. If the company experience insufficient cash flows from its operations or are unable to borrow to meet its working capital requirements, it may materially and adversely affect its business, results of operations and cash flows.

9. The company is exposed to credit risk from its customers and the recoverability of its trade receivables is subject to uncertainties.

10. The Company is involved in certain legal proceedings/litigations. Any adverse decision in such proceedings may render it/them liable to penalties and may adversely affect its business and result of operations.

Objectives Eppeltone Engineers IPO

1. Working Capital Requirements of the Company

2. Funding Capital Expenditure towards installation of additional machinery at the factory

3. General Corporate Purposes

4. Issue Expenses

Company Contact Details

Eppeltone Engineers Limited
A-57 Defence Colony, New Delhi, Delhi, 110024 India
Phone: +91-9811050241
Email: cs@eppeltone.in
Website: https://eppeltone.in/

Registrar Contact Details

Name: Skyline Financial Services Private Ltd
Phone: +91-22-28511022

Lead Mangers

  1. Expert Global Consultants Private Limited

Market Maker

  1. Prabhat Financial Services

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