Eppeltone Engineers Limited is set to open its Initial Public Offering (IPO) on June 17, 2025, with the subscription period closing on June 19, 2025. This is a Book Built Issue through which the company aims to raise approximately ₹43.96 crores, entirely through a fresh issue of shares. The offer for sale component has not been disclosed. The IPO price band is set between ₹125 and ₹128 per share, with a face value of ₹10 each.

The issue is allocated as follows: 50% for Qualified Institutional Buyers (QIB), 15% for High Net-worth Individuals (HNI), and 35% for retail investors. The IPO is scheduled to list on the NSE on June 24, 2025, and the allotment of shares will be finalized on June 20, 2025.

Financially, the company has shown strong growth. Revenue rose to ₹80.04 crores in FY 2024 from ₹72.99 crores in FY 2023. Net profit also saw a significant jump, increasing from ₹1.09 crores in FY 2023 to ₹8.43 crores in FY 2024. Based on this positive financial performance, investors with a long-term outlook may find the IPO to be a promising opportunity.

Eppeltone Engineers, established in 1977, is a leading manufacturer of electronic energy meters, including advanced smart meters and a range of power conditioning equipment such as high-grade chargers and UPS systems. The company operates a single, specialized manufacturing facility that is focused on producing high-quality, performance-driven solutions. Eppeltone Engineers emphasizes a customer-centric approach, gathering and analyzing client data to design and deliver customized systems tailored to specific needs.

The company manages both the production and supply of fully finished products as well as intermediate components, depending on client requirements. While its primary business focus lies in catering to government entities—accounting for a majority of its transactions—it also maintains a robust B2B presence in the private sector. Eppeltone supplies its products to both government and non-government companies across a diverse range of industries, reinforcing its position as a trusted and versatile partner in the energy and power solutions sector.

Objects of the Issue (JNK India IPO Objectives)

• Meeting the company's working capital requirements
• Funding capital expenditure for the installation of additional machinery at the manufacturing facility
• General corporate purposes
• Covering expenses related to the IPO issuance

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