E to E Transportation Infrastructure IPO: Dates, Price, GMP, Review, Allotment & Financials

E to E Transportation Infrastructure IPO Overview

E to E Transportation Infrastructure Ltd. is set to launch its SME IPO with the opening date on 26 December 2025 and closing on 30 December 2025. The allotment will be finalized on 31 December 2025, with refunds and demat credits scheduled for 1 January 2026. The IPO will be listed on NSE Emerge on 2 January 2026. This fresh issue of 48.4 lakh shares is priced in the range of ₹164 to ₹174 per share, aggregating to an issue size of ₹84.22 crore. The minimum lot size is 800 shares, making the minimum investment ₹139,200, and retail investors can apply for up to 2 lots (1,600 shares) with a maximum investment of ₹278,400. It’s registrar’s name is MUFG Intime Pvt. Ltd.

IPO Issue Size and Dates

Market Lot Size and Category-wise Application

The IPO is open for retail, HNI, and institutional investors. The minimum lot size is 800 shares. Retail investors can apply for up to 2 lots (1,600 shares), while small HNI investors can apply for 3 to 7 lots (2,400 to 5,600 shares). The minimum investment for retail is ₹139,200, and for small HNI, it starts at ₹417,600.​

IPO Review and Grey Market Premium (GMP)

E to E Transportation Infrastructure specializes in railway signaling and telecommunication, overhead equipment, and track works, serving Indian Railways and other public sector entities. The company benefits from sustained railway capex under government initiatives like Amrit Bharat and Dedicated Freight Corridors. Its order book stands at ₹439.64 crore, nearly twice its FY25 revenue, providing multi-year revenue visibility. The grey market premium (GMP) for the IPO is currently around ₹130–35 per share, indicating strong investor interest.​

Anchor Investors, Merchant Bankers, and Registrar

Hem Securities Ltd. is the book-running lead manager for the IPO. The registrar is MUFG Intime India Pvt. Ltd. Anchor investors have subscribed to 28.49% of the issue, highlighting institutional confidence. The breakdown of shares offered to various investor categories is as follows:​

Investor Category Breakdown

E to E Transportation SME IPO Allotment Details

Check E to E Transportation Infrastructure IPO allotment: Check here​

The allotment will be finalized on 31 December 2025, with refunds and demat credits on 1 January 2026.

E to E Transportation Infrastructure Company Details

E to E Transportation Infrastructure Limited is a top private infrastructure firm that was founded in 2010 and is based in Bangalore, Karnataka. The company focuses on signaling and telecommunications systems, track electrification, and complete railway infrastructure projects. It specializes in offering end-to-end rail engineering solutions. E to E has earned a good reputation over the years for providing tailored solutions for mainline trains, urban transit systems, and private sidings. Their clientele include Zonal trains, PSUs, and significant corporations with private rail sidings.

The company provides a full range of services throughout the entire project lifecycle, from design and consulting to procurement, installation, testing, system integration, and operations and maintenance. It knows a lot about engineering design, signaling and telecommunication systems, overhead electricity, and track construction. E to E has successfully completed projects in more than 40 places in India and several overseas markets, making it a reliable partner for both government and private sector clients.

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E to E Transportation Infrastructure is an ISO 9001:2015 accredited company, which shows that it cares about quality and doing things right. The company has done projects worth more than ₹200 crore since it started, and it has more than 400 technical and management specialists on staff. Its board is made up of experienced experts from the sector, which makes sure that the company has a clear strategic direction and strong governance. Investments from well-known private equity companies have helped the company grow, making its financial base and market presence even stronger.

E to E Transportation Infrastructure is growing its presence in the rail engineering business by focusing on new ideas and solutions that put the customer first. The company has a lot of important projects in its portfolio, such as designing and supplying CBTC systems for metro projects, updating signaling and telecom systems for factories, and installing platform screen door systems for metro lines. E to E is a major player in India’s quickly increasing railway infrastructure because it can finish complicated, high-quality projects on time.

Company Financials and Valuation

E to E Transportation Infrastructure has demonstrated consistent revenue growth, with a robust order book and a focus on high-margin railway signaling and electrification projects. The company’s financials show strong working capital requirements due to the long gestation periods typical of infrastructure projects.​

Financial Highlights

Peer Company Comparison

E to E Transportation Infrastructure operates in a niche segment focused on railway signaling and infrastructure. Its peers include companies like Rail Vikas Nigam Ltd., IRCON International Ltd., and IRB Infrastructure Developers Ltd. The company’s focus on signaling and electrification gives it a competitive edge in a high-barrier, government-backed sector.​

Peer Comparison Table

Nadim

Mr. Nadim Abbas M G is an Intermediate Chartered Accountant with a strong background in Information Technology. He combines his expertise in IT with a deep understanding of the stock market, making him a valuable resource for both financial and technical insights. With hands-on experience in accounting, IT systems, and stock market analysis, Nadim excels in bridging the gap between finance and technology, offering strategic advice and expert guidance in both domains.