Eppeltone Engineers share price lists with a stellar 90% premium at ₹243.20 on the NSE SME: Hit 5% upper circuit

Eppeltone Engineers share price was listed with a stellar 90% premium at ₹243.20 on the NSE SME on Tuesday. The share gained further to hit 5% upper circuit post listing

Eppeltone Engineers share price hit upper circuit post listing

Eppeltone Engineers share price was listed at ₹243.20 on the NSE SME on Tuesday, 90% higher than the issue price of ₹128. The Eppeltone Engineers share price thereafter gained a further 5% to the ₹255.25 level, which was also the upper price band of the listed shares. Hence, Eppeltone Engineers share price hit the upper circuit post listing.

Eppeltone Engineers IPO—listing ahead of investor expectations

Eppeltone Engineers IPO had seen strong investor interest, as was visible from the subscription status. The IPO for Eppeltone Engineers was significantly oversubscribed, being subscribed 296.34 times. The issue was subscribed 248.04 times in the retail category, 627.28 times in the NII (Non-Institutional Investor) category, and 132.23 in the QIB (Qualified Institutional Buyer) category. June 19, 2025, was the closing date of the IPO.

The grey market premium, or the GMP, for Eppeltone Engineers IPO also indicated that investors were expecting strong listing gains. As per the investorgains.com, the Eppeltone Engineers IPO's grey market premium (GMP) stood at +105. This meant that Eppeltone Engineers shares were trading at a ₹105 premium over the issue price of ₹128. The same also meant that investors were expecting a listing of shares at an 82% premium over the issue price of ₹128, i.e., at ₹233. Hence, Eppeltone Engineers listing was ahead of investor expectations.

About Eppeltone Engineers

Since its founding in 1977, Eppeltone Engineers Limited has grown to become a leading producer of smart meters and other electronic energy meters as well as a variety of power conditioning equipment, including UPS systems and premium chargers. With a strong focus on energy management solutions, the company has greatly expanded its services to serve both industrial and consumer industries, having previously concentrated on Switch Mode Power Supplies (SMPS) for computers and electronic equipment.

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