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.

Eppeltone Engineers IPO – Details
IPO Opening Date | 17 June 2025 |
IPO Closing Date | 19 June 2025 |
Issue Type | Book Built Issue IPO |
Issue Size | Total Issue: 34,34,000 Shares Worth ₹43.96 Crore Fresh Issue: 34,34,000 Shares Worth ₹43.96 Crore |
Face Value | ₹10 per equity share |
IPO Price | ₹125 – ₹128 per share |
Market Lot | 1000 Shares |
Min Order | 1000 Shares (1 Lot) |
Listing At | NSE SME |
Registrar | Skyline Financial Services Private Ltd |
QIB Shares Offered | 50% |
NII (HNI) Shares Offered | 15% |
Retail Shares Offered | 35% |
Eppeltone Engineers IPO – Date Schedule
IPO Open Date | 17 June 2025 |
IPO Close Date | 19 June 2025 |
Basis of Allotment | 20 June 2025 |
Initiation of Refund | 23 June 2025 |
Credit of Shares to Demat | 23 June 2025 |
IPO Listing Date | 24 June 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on June 19, 2025 |
Eppeltone Engineers IPO – Lots Size & Price
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1000 | ₹1,28,000 |
Retail (Max) | 1 | 1000 | ₹1,28,000 |
HNI (Min) | 2 | 2000 | ₹2,56,000 |
Competitive Strengths
- Advanced Manufacturing & R&D Capabilities.
- Strong Focus on Quality & Certifications.
- Diverse & Innovative Product Portfolio.
- Strong Market Presence & Customer Base.
- Commitment to Sustainability & Energy Efficiency.
- Experienced Leadership & Skilled Workforce.
Company Promoters
- Rohit Chowdhary
- Deven Chowdhary
- Reshu Chowdhary
Company Financials
Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
---|---|---|---|---|
31 March 2023 | 72.99 | 71.48 | 1.08 | 12.68 |
31 March 2024 | 80.04 | 68.29 | 8.15 | 16.31 |
31 March 2025 | 125.73 | 110.36 | 11.23 | 30.54 |
Key Performance Indicator
KPI | Values |
---|---|
ROE | 41% |
ROCE | 43% |
Debt/Equity | 0.79 |
RoNW | 40.79% |
PAT Margin | 10.75 |
Price to Book Value | 2.62 |
Pre IPO | Post IPO | |
EPS (Rs) | 11.79 | 8.67 |
P/E (x) | 10.86 | 14.77 |
Object Of The Issue
- Working Capital Requirements of the Company.
- Funding Capital Expenditure towards the installation of additional machinery at the factory.
- General corporate purposes.

Eppeltone Engineers IPO Promoter Holding
Pre Issue Share Holding | 83.69% |
Post Issue Share Holding | – |
Eppeltone Engineers IPO Prospectus
Company Contact Information
Eppeltone Engineers Limited A-57 Defence Colony New Delhi New Delhi, New Delhi Phone: +91-9811050241 Email: cs@eppeltone.in Website: https://eppeltone.in/ |
Eppeltone Engineers IPO Registrar
Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
Eppeltone Engineers IPO Lead Manager(s)
1. Expert Global Consultants Private Limited |
Eppeltone Engineers IPO FAQs

What is Eppeltone Engineers IPO? Eppeltone Engineers IPO is a SME IPO. The issue is priced at ₹125 to ₹128 per equity share. The IPO is to be listed on NSE SME. |
When Eppeltone Engineers IPO will open? The IPO is to open on 17 June 2025 for QIB, NII, and Retail Investors. |
What is Eppeltone Engineers IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
How to Apply the Eppeltone Engineers IPO? You can apply Eppeltone Engineers IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
How to Apply the Eppeltone Engineers IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Eppeltone Engineers IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
How to Apply the Eppeltone Engineers IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Eppeltone Engineers IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
How to Apply the Eppeltone Engineers IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Eppeltone Engineers IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
How to Apply the Eppeltone Engineers IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Eppeltone Engineers IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
What is Eppeltone Engineers IPO Size? Eppeltone Engineers IPO size is ₹43.96 Crore. |
What is the Eppeltone Engineers IPO Price Band? Eppeltone Engineers IPO Price Band is ₹125 to ₹128. |
What is Eppeltone Engineers IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1000 Shares with ₹1,28,000 amount while the maximum bid is 1000 Shares with ₹1,28,000. |
What is the Eppeltone Engineers IPO Allotment Date? Eppeltone Engineers IPO allotment date is 20 June 2025. |
What is the Eppeltone Engineers IPO Listing Date? Eppeltone Engineers IPO listing date is 24 June 2025. The IPO is to be listed on NSE SME. |
