Eppeltone Engineers IPO Listing Tomorrow: What Does Latest GMP Signal?
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Eppeltone Engineers IPO GMP: Unlisted shares of Eppeltone Engineers Ltd are trading at Rs 211 apiece in the grey market, which is 64.8% premium over the upper IPO price of Rs 128.
Eppeltone Engineers IPO Listing Date: The allotment of the Eppeltone Engineers IPO has already been finalised. Investors can check their allotment status on the websites of the BSE, the NSE and registrar Skyline Financial Services. Now, all eyes are on its listing, which will take place tomorrow, Tuesday, June 23. According to market observers, the latest GMP stands at 64.84%, which indicates strong listing gains for investors.
The shares of Eppeltone Engineers Ltd will be listed on the NSE Emerge on June 24, 2025.
Eppeltone Engineers IPO GMP Today
According to market observers, unlisted shares of Eppeltone Engineers Ltd are currently trading at Rs 211 apiece in the grey market, which is a 64.84 per cent premium or GMP over the upper IPO price of Rs 128. It indicates strong listing gains for investors on June 24, the tentative listing date.
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: A Step-By-Step Guide To Check Allotment Status
The Eppeltone Engineers IPO allotment has been finalised. The IPO allotment status can be checked online by following these steps:
Step 4: Hit 'Search' button.
Your share application status will appear on your screen.
You can also visit directly on the NSE's website — https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids and check the Eppeltone Engineers IPO allotment status.
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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