The IPO of E to E Transportation Infrastructure Limited is opening this week and is already attracting attention from investors.
The company works closely with Indian Railways and other major clients, and its strong financial growth has added to the interest.
Here is a simple and easy-to-understand breakdown of everything you need to know.
What does the company do?
Founded in 2010 and headquartered in Bengaluru, E to E Transportation Infrastructure provides end-to-end railway infrastructure solutions.
Its work covers railway signaling, telecom systems, electrification, track projects, system integration, and private sidings.
The company serves Indian Railways, public sector units, corporate clients, and a few international customers.
It is also ISO 9001:2015 certified, which highlights its focus on quality and standards.
Strong financial growth so far
The company’s recent financial performance shows steady improvement.
In FY25, revenue rose to ₹253.82 crore, up from ₹172.50 crore in FY24.
Net profit also increased from ₹10.26 crore to ₹13.99 crore during the same period.
EBITDA jumped from ₹18.34 crore to ₹26.57 crore, indicating better operational efficiency and profitability.
These numbers suggest that the company is growing both in size and earnings.
What is happening in the gray market?
The IPO is also seeing buzz in the gray market.
As of December 23, the gray market premium (GMP) was reported at ₹125 per share.
If this premium holds, the listing price could be around ₹289, which is nearly 66% higher than the upper price band of ₹174.
However, investors should remember that GMP is unofficial and can change quickly.
Key IPO details you should know
This is a book-built IPO on the NSE SME platform and consists entirely of a fresh issue of 0.48 crore shares.
The company aims to raise ₹84.22 crore.
The price band is set at ₹164 to ₹174 per share.
One lot includes 800 shares, and retail investors must apply for at least 2 lots, requiring an investment of ₹2,78,400.
The IPO will open on December 26 and close on December 30.
Allotment is expected on December 31, with listing scheduled for January 2, 2026.
How will the IPO funds be used?
The company plans to use the money raised mainly for working capital needs and general corporate purposes.
This could help support future projects and business expansion.
For investors looking at infrastructure and railway-linked companies, this IPO is one to watch closely.
