E
to E Transportation IPO open date is December 26, 2025 and the IPO will close
on December 30, 2025. E to E Transportation Infrastructure IPO is a Book Build
Issue. The company to raise around ₹84.22 crores via IPO that comprises
fresh issue of ₹84.22 crores and offer for sale up to [.] equity shares
with face value of ₹10 each.
E
to E Transportation Infrastructure IPO price band is ₹164 to ₹174
per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. E to E
Transportation Infrastructure IPO to list on NSE on January 2, 2026. The
allotment of E to E Transportation Infrastructure IPO date is December 31,
2025.
The
company reported revenue of ₹253.82 crores in 2025 against ₹172.50
crores in 2024. The company reported profit of ₹13.99 crores in 2025
against profit of ₹10.26 crores in 2024. As per the financials the IPO
investors should apply the IPO for a long term.
E to E Transportation Infrastructure IPO
Details
|
IPO Open Date |
December 26, 2025 |
|
IPO Close Date |
December 30, 2025 |
|
Face Value |
₹10 Per Equity Share |
|
IPO Price Band |
₹164 to ₹174 Per Share |
|
Issue Size |
Approx ₹84.22 Crores |
|
Fresh Issue |
Approx ₹84.22 Crores |
|
Issue Type |
Book Build Issue |
|
IPO Listing |
NSE SME |
|
DRHP Draft Prospectus |
|
|
RHP Draft Prospectus |
E to E Transportation Infrastructure IPO
Review & Key Points
- Review:
E to E Transportation Infrastructure IPO
Market Lot
The
E to E Transportation IPO minimum market lot is 1,600 shares with
₹2,78,400 application amount.
|
Application |
Lot Size |
Shares |
Amount |
|
Retail Minimum |
2 |
1,600 |
₹2,78,400 |
|
Retail Maximum |
2 |
1,600 |
₹2,78,400 |
|
S-HNI Minimum |
3 |
2,400 |
₹4,17,600 |
|
S-HNI Maximum |
7 |
5,600 |
₹9,74,400 |
|
B-HNI Minimum |
8 |
6,400 |
₹11,13,600 |
IPO Reservation
|
Investor Category |
Share Offered |
-% Shares |
|
Anchor Investor |
13,77,600 Shares |
28.46% |
|
QIB (Ex. Anchor) |
9,19,200 Shares |
18.99% |
|
NII Shares Offered |
6,89,600 Shares |
14.25% |
|
Retail Shares Offered |
16,09,600 Shares |
33.26% |
E to E Transportation Infrastructure IPO
Anchor Investors
|
Anchor Bidding Date |
December 24, 2025 |
|
Anchor Investors List |
|
|
Shares Offered |
13,77,600 Shares |
|
Anchor Size |
[.] Cr. |
|
lock-in period end date 50% shares (30 Days) |
January 30, 2026 |
|
lock-in period end date 50% shares (90 Days) |
March 31, 2026 |
E to E Transportation Infrastructure IPO Dates
The
E to E Transportation Infrastructure IPO date is December 26 and the close date
is December 30. The E to E Transportation Infrastructure IPO allotment will be
finalized on December 31 and the IPO listing on January 2.
|
IPO Open Date: |
December 26, 2025 |
|
IPO Close Date: |
December 30, 2025 |
|
Basis of Allotment: |
December 31, 2025 |
|
Refunds: |
January 1, 2026 |
|
Credit to Demat Account: |
January 1, 2026 |
|
IPO Listing Date: |
January 2, 2026 |
|
IPO Bidding Cut-off Time: |
December 30, 2025 5 PM |
Promoters and Holding Pattern
The
promoters of the company are Zephyr Mantra LLC and Ventureast ETOE LLP and
Sourajit Mukherjee.
|
Particular |
Shares |
% Share |
|
Promoter Holding Pre Issue |
1,24,17,570 |
45.19% |
|
Promoter Holding Post Issue |
1,72,57,570 |
32.51% |
Objects of the Issue & Utilisation of
proceeds
|
Purpose |
Crores |
|
To meet working capital requirements |
₹70.00 |
|
General Corporate Purpose |
₹- |
About E to E Transportation Infrastructure IPO
E
To E Transportation Infrastructure Limited, founded in 2010, is one of the
leading companies that offers engineering and system integration solutions for
the railway sector. Its services include Signaling and Telecommunications
(S&T), Overhead Electrification (OHE), Track Projects and System
Integration, Private Sidings, and Engineering Design and Research Centre
(EDRC).
From
design and procurement to installation and testing, the company provides
complete rail engineering services. Over the years, the company has worked with
Indian Railways, public sector units, private sidings, and infrastructure
companies in India. Moreover, the company includes a total of 425 employees as
of July 31, 2025.
Its
key project includes:
- Platform screen door
installations for Mumbai Metro Line 3 and Chennai Metro Phase 1.
- CBTC signaling for Hyderabad
and Nagpur Metro
- Signaling upgrades for Vizag
Steel Plant and NUPPL Power Plant
- Electronic interlocking
upgrades on the Hosur Salem route
- Siding expansion at Gujarat
Pipavav Port with DFCC connectivity
E to E Transportation Infrastructure IPO
Company Financial Report
Amount ₹ in Crores
|
Period Ended |
Revenue |
Expense |
PAT |
Assets |
|
2023 |
₹135.70 |
₹125.13 |
₹8.15 |
₹145.16 |
|
2024 |
₹172.50 |
₹158.41 |
₹10.26 |
₹200.89 |
|
2025 |
₹253.82 |
₹235.33 |
₹13.99 |
₹295.44 |
|
September 2025 |
₹112.78 |
₹122.95 |
₹7.49 |
₹310.84 |
E to E Transportation Infrastructure IPO
Valuation FY2025
Check
E to E Transportation Infrastructure IPO valuations detail like Earning Per
Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset
Value (NAV) details.
|
KPI |
Values |
|
ROE: |
15.72% |
|
ROCE: |
15.69% |
|
EBITDA Margin: |
10.59% |
|
PAT Margin: |
5.73% |
|
Debt to equity ratio: |
0.57 |
|
Earning Per Share (EPS): |
₹11.58 (Basic) |
|
Price/Earning P/E Ratio: |
N/A |
|
Return on Net Worth (RoNW): |
12.39% |
|
Net Asset Value (NAV): |
₹93.47 |
Peer Group Comparison
|
Company |
EPS |
PE Ratio |
RoNW % |
NAV |
Income |
|
Texmaco Rail & Engineering Ltd. |
6.24 |
22.21 |
8.90% |
70.02 |
5,106.57 Cr. |
|
KEC International Ltd. |
21.8 |
39.50 |
10.67% |
200.88 |
21,846.70 Cr. |
|
Ircon international Limited |
7.73 |
21.59 |
11.50% |
67.26 |
10,759.58 Cr. |
IPO Lead Managers aka Merchant Bankers
- Hem Securities Ltd.
Company Address
E
to E Transportation Infrastructure Limited.
10th Floor, Sattva Galleria, Survey,
Nos. 19/2 and 20/1, Bellary Road,
Byatarayanapura, Bangalore North,
Bangalore-560092, Karnataka
Phone:
E-mail: srilakshmi.surendran@etoerail.com
Website: https://etoerail.com/
IPO Registrar
MUFG
Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: etoetransportation.smeipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
E to E Transportation Infrastructure IPO FAQs
What is E to E Transportation Infrastructure
IPO?
E to E Transportation
IPO is SME IPO. The company is going to raise ₹84.22 Crores via IPO. The
issue is priced at ₹164 to ₹174 per equity share. The IPO is to be
listed on NSE.
When E to E Transportation Infrastructure IPO
will open for subscription?
The IPO is to open on
December 26, 2025 for QIB, NII, and Retail Investors. The IPO will close on
December 30, 2025.
What is E to E Transportation Infrastructure
IPO Investors Portion?
The investors portion
for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the E to E Transportation
Infrastructure IPO?
You can apply for E to
E Transportation Infrastructure IPO via ASBA online via your bank account. You
can also apply for ASBA online via UPI through
your stock brokers. You can also apply via your stock brokers by filling up the
offline form.
What is E to E Transportation Infrastructure
IPO Issue Size?
E to E Transportation
Infrastructure IPO issue size is ₹84.22 crores.
What is E to E Transportation Infrastructure
IPO Price Band?
E to E Transportation
Infrastructure IPO Price Band is ₹164 to ₹174.
What is E to E Transportation Infrastructure
IPO Lot Size?
The minimum bid
is 1,600 Shares with ₹2,78,400 amount.
What is the E to E Transportation
Infrastructure IPO Allotment Date?
E to E Transportation
Infrastructure IPO allotment date is December 31, 2025.
What is the E to E Transportation
Infrastructure IPO Listing Date?
E to E Transportation
Infrastructure IPO listing date is January 2, 2026. The IPO is to list on NSE.