E to E Transportation IPO
E to E Transportation Infrastructure Limited

Minimum Investment
About Company
Company Name: E to E Transportation Infrastructure Limited
Industry / Sector: Railway Engineering / Infrastructure
Founded Year: 2010
Promoters: Vinay Kunjuri Panduranga Rao
E to E Transportation Infrastructure Limited operates as a system integrator in railway engineering, providing end-to-end solutions including signalling, telecommunication, electrification, and turnkey rail infrastructure projects across India.
IPO Basic Details
| Company Name | E to E Transportation Infrastructure Limited |
| IPO Type | SME IPO |
| Price Band | ₹164 – ₹174 |
| Lot Size | 800 |
| Total Issue Size | ₹84.22 Cr |
IPO Strengths & Risks
Strengths
- Strong order book (~₹925 Cr)
- Presence in high-growth railway modernization sector
- Asset-light execution model
- Experienced engineering team
Risks
- Heavy dependence on Indian Railways
- High receivables and delayed payments risk
- Project-based revenue volatility
- Working capital intensive business
IPO Important Dates
| IPO Open Date | 26 Dec 2025 |
| IPO Close Date | 30 Dec 2025 |
| Basis of Allotment | 31 Dec 2025 |
| Refund Initiation | 01 Jan 2026 |
| Demat Credit Date | 01 Jan 2026 |
| Listing Date | 02 Jan 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | 30 Dec 2025 |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – ₹70 Cr
- Debt repayment – -
- General corporate purposes – Remaining proceeds
Investor Reservation
| QIB Quota | 50% |
| Retail Quota | 35% |
| HNI Quota | 15% |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 lots | 1600 | ₹2,78,400 |
| Retail Maximum | 2 lots | 1600 | ₹2,78,400 |
| S-HNI Minimum | 3 lots | 2400 | ₹4,17,600 |
| S-HNI Maximum | - | - | - |
| B-HNI Minimum | 7 lots | 5600 | ₹9,74,400 |
Key Performance Indicators (KPI)
| ROE | Negative (recent period) |
| ROCE | Low |
| RoNW | Negative |
| PAT Margin | -6.7% |
| EBITDA Margin | 0.29% |
| EPS | N/A |
| NAV per share | ₹87.54 |
| Debt to Equity | High |
| P/E Ratio | 21.46x |
| Industry P/E | 25x |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| 31 Mar 2024 | ₹200.89 Cr | ₹172.50 Cr | ₹10.26 Cr | ₹21.70 Cr | ₹66.85 Cr | ₹61.17 Cr |
| 31 Mar 2025 | ₹295.43 Cr | ₹250.80 Cr | ₹14.37 Cr | ₹31.89 Cr | ₹116.05 Cr | ₹66.17 Cr |
| 30 Sep 2025 | ₹310.84 Cr | ₹110.99 Cr | -₹7.48 Cr | ₹0.32 Cr | ₹108.70 Cr | ₹113.51 Cr |
Grey Market Premium
| GMP Price | ₹120 – ₹130 |
| Kostak Rate | N/A |
| Subject to Sauda | N/A |
| Last Updated | Dec 2025 |
| Estimated Listing Price | ₹300+ |
IPO Subscription Data
| Total Subscription | 526x |
| QIB (Ex Anchor) | 236x |
| HNI Subscription | 644x |
| Retail Subscription | 544x |
| Anchor | - |
IPO Intermediaries
Registrar: MUFG Intime India Pvt Ltd
Registrar Website: https://linkintime.co.in
IPO Lead Manager(s)
Company Information
Address: 10th Floor, Sattva Galleria Survey, Nos. 19/2 and 20/1,Bellary Road, Byatarayanapura, Bangalore North Bangalore Urban, Karnataka, 560092
Website: https://etoerail.com/
Email: srilakshmi.surendran@etoerail.com
Phone: N/A
IPO Documents
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