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.
Competitive Strength
- 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.
| Purpose | Amount (₹ Cr) |
|---|---|
| Working Capital Requirements of the Company | ₹30 |
| Funding Capital Expenditure towards installation of additional machinery at the factory | ₹5 |
| General Corporate Purposes | ₹4 |
| Issue Expenses | ₹5 |
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Total Assets | 124 | 70 | 44 |
| Revenue | 126 | 80 | 73 |
| PAT | 11 | 8 | 1 |
| EBITDA | 18 | 13 | 3 |
| Net Worth | 40 | 20 | 11 |
| Reserves | 30 | 16 | 8 |
| Total Borrowing | 31 | 16 | 13 |
| Category | Sub (x) | Offered | Bid For |
|---|---|---|---|
| QIB | — | 1,630,000 (47%) | — |
| NII / HNI | — | 490,000 (14%) | — |
| Retail (RII) | — | 1,142,000 (33%) | — |
| Market Maker | — | 172,000 (5%) | — |
| Total | — | 3,434,000 (100%) | — |
* Amount calculated at upper price band (₹128) · ** Total includes all investor categories
- 1 Initiation of Refund 23 Jun 2025
- 2 Credit of Shares to Demat 23 Jun 2025
- Retail allocation is good at 33% of the total offering.
- HNI/NII demand is good at 14%.
- Institutional (QIB) interest is strong at 47%.
- The IPO P/E of 15x reflects a strong valuation relative to typical market ranges.
- Pre-issue EPS of ₹12 compares to post-issue EPS of ₹9 after dilution.
This IPO shows moderate investor interest. Review financial details and compare valuation with industry peers before investing.
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