Eppeltone Engineers Share Price Soars 90% on Market Debut

Market Performance

The Eppeltone Engineers share price made a blockbuster entry on the NSE Emerge platform, listing at Rs 243.30 apiece on June 24—marking a 90% premium over its IPO price of Rs 128.

• The company's market capitalization crossed Rs 330 Crore at listing.
• Shortly after its debut, the share price hit the 5% upper circuit, rising to Rs 255.35.
• With this move, the stock was trading nearly 99.5% higher than its initial public offering (IPO) price.

This debut performance outshone grey market predictions, where unlisted shares had a premium of over 74%, trading at around Rs 223 before listing.

Main News

Eppeltone Engineers' share price attracted strong investor interest during its SME Initial Public Offering (IPO). The public issue was subscribed over 275 times, reflecting robust market demand.

Key IPO Details:

• Total issue size: Rs 43.96 Crore
• Shares offered: 34.34 lakh
• Price band: Rs 125–128 per share
• Minimum bid size: 1,000 shares
• Minimum investment: Rs 1.28 lakh

The listing has been widely watched in the SME segment due to the company's strong fundamentals and investor enthusiasm.

Company Details

Founded in 1977, Eppeltone Engineers operates in the metering solutions segment and has established a solid track record in the industry.

The IPO proceeds are earmarked for:

• Working capital requirements
• Installation of additional machinery
• General corporate purposes

This strategic use of capital is designed to support the company's growth and operational expansion.

Financial Performance

Revenue

• FY 2024–25: Rs 124.3 Crore
• FY 2023–24: Rs 78.5 Crore

YoY Revenue Growth: Over 58%

Net Profit

• FY 2024–25: Rs 11.2 Crore
• FY 2023–24: Rs 8.2 Crore

YoY Net Profit Growth: Over 36%

Valuation

• Estimated Valuation: Rs 166 Crore

The numbers underscore a healthy financial trajectory, reflecting the company's efficient operations and growth strategy.

Summary of the Article

The Eppeltone Engineers share price delivered an exceptional market debut, listing at a 90% premium and hitting the upper circuit shortly after. With a market capitalization of over Rs 330 Crore, a high subscription rate of 275 times, and substantial revenue and profit growth in FY25, the company has begun its journey in the public markets on a high note.

The financials and market response suggest confidence in Eppeltone Engineers' business fundamentals, while the strong listing reinforces investor sentiment in quality SME offerings.