The initial public offering (IPO) of E to E Transportation Infrastructure Ltd opened for subscription on December 26 and will remain open until December 30, 2025. The company has fixed the price band for the issue at ₹164 to ₹174 per share.
The ₹84-crore public issue, which is entirely a fresh issue, is proposed to be listed on the NSE SME Emerge platform. Hem Securities Limited is acting as the Book Running Lead Manager to the issue.
Subscription Status (Day 1)
As of 12:58 PM on the first day of bidding, the IPO had been subscribed over 2 times.
- Retail Individual Investors (RII): 4.03 times
- Non-Institutional Investors (NII): 3.30 times
- Qualified Institutional Buyers (QIB): 0.40 times
Grey Market Premium (GMP)
According to market observers tracking unofficial trading, E to E Transportation Infrastructure shares are commanding a premium of ₹134 in the grey market, indicating strong investor interest ahead of listing.
Key IPO Details
- Price Band: ₹164–₹174 per share
- Issue Size: ₹84 crore (fresh issue)
- IPO Open Date: December 26, 2025
- IPO Close Date: December 30, 2025
- Lot Size: 800 shares per lot
- Registrar: MUFG Intime India Private Limited
- Lead Manager: Hem Securities Limited
- Expected Allotment Date: December 31, 2025
- Expected Listing Date: January 2, 2026
- Listing Platform: NSE SME Emerge
Company Financials
In FY25, E to E Transportation Infrastructure reported a 47% year-on-year increase in revenue, while profit after tax (PAT) rose 36%.
As of March 31, 2025:
- Return on Equity (RoE): ~12.75%
- Return on Capital Employed (RoCE): ~15.70%
- Debt-Equity Ratio: ~0.57
- EBITDA Margin: ~10.60%
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Grey market premiums are unofficial and unregulated, and may not reflect actual listing performance. Investors are advised to consult certified financial advisors before making any investment decisions.

