<ul data-eligibleForWebStory="true"><li>Eppeltone Engineers Ltd. has launched its IPO to raise nearly Rs 44 crore from the primary market, offering 34.34 lakh new shares.</li><li>The IPO price band is set at Rs 125 to Rs 128 per share, with retail investors needing to apply for at least 1,000 shares.</li><li>The IPO allocation includes 50% for QIBs, 35% for retail investors, and 15% for NIIs/HNIs.</li><li>Eppeltone Engineers IPO subscription started on June 17, with closing and share allotment on June 19 and 20, respectively.</li><li>The tentative listing date for Eppeltone Engineers IPO is June 24 on NSE SME platform.</li><li>The GMP for Eppeltone Engineers IPO hovered around Rs 63, indicating a potential listing price of Rs 191 per share.</li><li>Eppeltone Engineers plans to utilize IPO proceeds primarily for working capital and showed strong financial performance in FY25.</li><li>Revenue for Eppeltone Engineers surged 57% YoY to Rs 125.74 crore in FY25, with PAT increasing by 38%.</li><li>Investments in IPOs carry market risks, and it is advisable to seek advice from financial advisors before participating.</li></ul>

Eppeltone Engineers IPO, Day One: Check GMP, Subscription Status, Price Band And More

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