The grey market premium (GMP) of E to E Transportation Infrastructure IPO jumped sharply a day ahead of its listing on the NSE Emerge platform, indicating strong investor sentiment.
According to market trackers, the company’s shares were trading at a grey market premium of up to 92% on Thursday. Data from Investorgain showed a GMP of ₹161 per share, suggesting a potential listing gain of about 92.5% over the upper end of the issue price. IPO Watch, meanwhile, estimated the premium at over 83%.
Shares of E to E Transportation Infrastructure are scheduled to be listed on January 2, after its ₹84-crore IPO received an overwhelming response, with the issue being subscribed 527 times.
The IPO opened for subscription on December 26 and closed on December 31, with a price band of ₹164–₹174 per share. The company raised ₹84 crore through the issue, and the equity shares are proposed to be listed on the SME platform of the National Stock Exchange (NSE Emerge).
E to E Transportation Infrastructure operates in the railway system integration and engineering space. The company has executed projects across CBTC signalling for metro networks, railway electrification, signalling and telecom modernisation, and integrated infrastructure solutions for industrial and logistics clients.
As of September 30, 2025, the company reported an order book of ₹401.10 crore, providing revenue visibility for the coming quarters.
Disclaimer: Grey market premiums are unofficial indicators and may change rapidly. They do not guarantee listing performance. Investors should consider fundamentals and risk factors before making investment decisions.
