31 Mar 2023
Assets145.16
Total Income135.70
EBITDA13.28
Profit After Tax8.15
NET Worth57.15
Reserves and Surplus56.95
Total Borrowing43.11
At a glance
Updated 2026-09-09The shares listed at ₹330.60, a 90.00% move from the issue price. E to E Transportation Infrastructure is a SME IPO with an issue size of ₹84.22 crore, proposed for listing on NSE SME. The offer opens on 26th Dec 2025 and closes on 30th Dec 2025. The issue structure includes a fresh issue of ₹79.97 crore. The current listing schedule points to 2nd Jan 2026.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹84.22 Cr
Fresh issue₹79.97 Cr
Face value₹10
Price band₹164.00–₹174.00
Allotment31st Dec 2025
Listing2nd Jan 2026
Listing performance
Full performance ↗Issue price₹174.00
Listing price₹330.60
Current price—
Listing gain90.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹162.00
GMP / upper price93.10%
Est. listing₹336.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens26th Dec 2025
Closes30th Dec 2025
Allotment31st Dec 2025
Refund1st Jan 2026
Demat1st Jan 2026
Listing2nd Jan 2026
Subscription demand
Full bidding ↗QIB236.30×
sHNI562.86×
bHNI671.03×
NII / HNI671.03×
Retail544.28×
Total526.56×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1600 | ₹278,400 |
Company
Incorporated2010
Use of proceeds
| Object | Amount |
|---|---|
| To meet working capital requirements | ₹70.00 Cr |
| General Corporate Purposes | ₹4.13 Cr |
| Issue Expenses | ₹10.08 Cr |
| Total | ₹84.22 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue112.78₹ Cr · -55.6% vs prior year
EBITDA-3.88₹ Cr · -114.6% vs prior year
PAT-7.49₹ Cr · -153.5% vs prior year
Assets310.84₹ Cr · +5.2% vs prior year
Net Worth108.70₹ Cr · -6.3% vs prior year
Borrowing113.51₹ Cr · +71.5% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets200.89
Total Income172.50
EBITDA18.34
Profit After Tax10.26
NET Worth66.86
Reserves and Surplus66.67
Total Borrowing61.18
31 Mar 2025
Assets295.44
Total Income253.82
EBITDA26.57
Profit After Tax13.99
NET Worth116.05
Reserves and Surplus115.68
Total Borrowing66.18
30 Sep 2025
Assets310.84
Total Income112.78
EBITDA-3.88
Profit After Tax-7.49
NET Worth108.70
Reserves and Surplus96.28
Total Borrowing113.51
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 15.72% |
| ROCE | 15.69% |
| Debt / Equity | 0.57% |
| RoNW | 12.39% |
| PAT Margin | 5.73% |
| EBITDA Margin | 10.59% |
| Price to Book Value | 1.86 |
Valuation & shareholding
Pre-IPO EPS11.27
Post-IPO EPS-ve
Pre-IPO P/E15.44
Post-IPO P/E-ve
Promoter holding pre45.19%
Promoter holding post32.51%
Market cap₹300.28 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| E-To-E Transportation Infrastructure IPO | — | 21.46 x | — | — |
| IC Electricals IPO | — | 12.82 x | — | — |
| Dhara Rail IPO | — | 29.12 x | — | — |
| Airfloa Rail IPO | — | 23.58 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| To meet working capital requirements | ₹70.00 Cr |
| General Corporate Purposes | ₹4.13 Cr |
| Issue Expenses | ₹10.08 Cr |
| Total | ₹84.22 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Hem Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-09.
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