E TO E Transportation Infrastructure is entering the public markets through SME IPO with an issue size of ₹84.22 crore. The issue consists of a fresh issue of equity shares. The shares are proposed to be listed on NSE & SME.
The IPO subscription window opens on December 26, 2025 and will remain open until December 30, 2025. The company plans to list its shares on January 2, 2026. Being an SME IPO, the issue may appeal to investors familiar with lower liquidity listings.
E to E Transportation Infrastructure Limited IPO Timeline
IPO Quick Facts
This section covers the main IPO details of E TO E Transportation Infrastructure that investors generally review before applying.
IPO Details at a Glance
| Company Name | E TO E Transportation Infrastructure |
|---|---|
| IPO Segment | SME |
| Sale Type | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Price | ₹164 – ₹174 Per Share |
| Lot Size | 800 Shares |
| Face Value | ₹10 Per Share |
| Exchange | NSE & SME |
Investor Category & Share Allocation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Market Maker | 244,000 | 5.04% |
| Qualified Institutional Buyers (QIB) | 2,296,800 | 47.45% |
| — Anchor Investor | 1,377,600 | 28.46% |
| — QIB (Ex Anchor) | 919,200 | 18.99% |
| NII (HNI) | 689,600 | 14.25% |
| — bNII > ₹10L | 459,200 | 9.49% |
| — sNII < ₹10L | 230,400 | 4.76% |
| Retail | 1,609,600 | 33.26% |
| Total Shares Offered | 4,840,000 | 100.00% |
E TO E Transportation Infrastructure IPO Important Dates
The following table highlights the key dates for the E TO E Transportation Infrastructure IPO, covering the subscription period and the expected listing timeline.
| IPO Opening Date | 26 Dec 2025 |
|---|---|
| IPO Closing Date | 30 Dec 2025 |
| Allotment Finalization | 31 Dec 2025 |
| Initiation of Refunds | 01 Jan 2026 |
| Credit of Shares | 01 Jan 2026 |
| IPO Listing Date | 02 Jan 2026 |
E TO E Transportation Infrastructure IPO Size & Structure
| Total IPO Size | ₹84.22 Crore |
|---|---|
| Fresh Issue | ₹84.22 Crore |
E TO E Transportation Infrastructure IPO Lot Size & Minimum Investment
The table below shows the lot size and investment amount for the E TO E Transportation Infrastructure IPO, calculated using the cut-off price. The price band for this IPO ranges from ₹164 to ₹174 per share.
Investors can apply for the IPO with a minimum of 800 shares. Applications must be made in multiples of 800 shares.
- Retail investors can apply from 2 lot to 2 lots.
- Small HNI (SHNI) investors must apply for at least 3 lots.
- Big HNI (BHNI) investors need to apply for a minimum of 8 lots.
This information helps investors understand the minimum investment required before applying for the IPO.
Note: Retail investors generally apply at the cut-off price, which is ₹174 per share.
| Category | Lots | Shares | Price | Amount |
|---|---|---|---|---|
| Retail (Min) | 2 | 1,600 | ₹174 | ₹278,400 |
| Retail (Max) | 2 | 1,600 | ₹174 | ₹278,400 |
| S-HNI (Min) | 3 | 2,400 | ₹174 | ₹417,600 |
| S-HNI (Max) | 7 | 5,600 | ₹174 | ₹974,400 |
| B-HNI | 8 | 6,400 | ₹174 | ₹1,113,600 |
E TO E Transportation Infrastructure IPO GMP (Grey Market Premium)
The latest E TO E Transportation Infrastructure IPO GMP (Grey Market Premium), along with Kostak rates and Subject to Sauda rates, helps in understanding market sentiment. The current E TO E Transportation Infrastructure IPO GMP is ₹160 (91.95%), compared to the IPO issue price of ₹174. Based on the current GMP, the expected listing price is around ₹334. The Lowest GMP was ₹0 on 19 Dec 2025, while the highest GMP reached ₹160 on 02 Jan 2026.
E TO E Transportation Infrastructure IPO was listed on the stock exchange on 02 Jan 2026. The IPO was subscribed 487.27 times. The first reported GMP was ₹0 (0%), while the latest recorded GMP stood at ₹160 (91.95%).Listing Details:
- Issue Price: ₹174 per share.
- Listing Price: ₹330.60 (approx. 90% gain)
- Listing Date: 02 Jan 2026
E TO E Transportation Infrastructure IPO GMP Today - Trend Analysis
| Date | Issue Price (₹) | GMP Price (₹) | Estimated Gain (%) | Estimated Price (₹) | Estimated Profit (₹) |
|---|---|---|---|---|---|
| 02 Jan 2026 | ₹174 | ▲ ₹160 | ▲ 91.95% | ₹334 | ₹256,000 |
| 01 Jan 2026 | ₹174 | ₹145 | 83.33% | ₹319 | ₹232,000 |
| 31 Dec 2025 | ₹174 | ▲ ₹145 | ▲ 83.33% | ₹319 | ₹232,000 |
| 30 Dec 2025 | ₹174 | ▼ ₹143 | ▼ 82.18% | ₹317 | ₹228,800 |
| 29 Dec 2025 | ₹174 | ₹145 | 83.33% | ₹319 | ₹232,000 |
| 27 Dec 2025 | ₹174 | ▲ ₹145 | ▲ 83.33% | ₹319 | ₹232,000 |
| 26 Dec 2025 | ₹174 | ₹134 | 77.01% | ₹308 | ₹214,400 |
| 25 Dec 2025 | ₹174 | ▲ ₹134 | ▲ 77.01% | ₹308 | ₹214,400 |
| 24 Dec 2025 | ₹174 | ▲ ₹128 | ▲ 73.56% | ₹302 | ₹204,800 |
| 23 Dec 2025 | ₹174 | ▲ ₹100 | ▲ 57.47% | ₹274 | ₹160,000 |
| 22 Dec 2025 | ₹174 | ▲ ₹78 | ▲ 44.83% | ₹252 | ₹124,800 |
| 20 Dec 2025 | ₹174 | ▲ ₹63 | ▲ 36.21% | ₹237 | ₹100,800 |
| 19 Dec 2025 | ₹174 | ₹0 | 0% | ₹174 | ₹0 |
E TO E Transportation Infrastructure IPO GMP gives retail and institutional investors an idea about short-term market expectations. Although grey market premium does not guarantee listing performance, it is still commonly referred to while analysing IPOs. Investors are advised to look at E TO E Transportation Infrastructure fundamentals along with IPO GMP data before making any investment decision.
GMP Disclaimer: GMP (Grey Market Premium) prices are unofficial and only reflect market sentiment. We neither participate in grey-market trading nor encourage it. Investors are strongly advised to review the company’s fundamentals, risks, and official documents before considering an investment in the E TO E Transportation Infrastructure IPO.
E TO E Transportation Infrastructure IPO Subscription Status
E TO E Transportation Infrastructure IPO was subscribed 487.27 times overall on the final day of bidding (as of 30 Dec 2025).The subscription opened on 26 Dec 2025. The Retail portion was subscribed 539.79 times, while QIB and NII categories were subscribed 236.3 times and 643.84 times respectively.
Subscription by Category (QIB, NII, Retail, Employee)
Daily Subscription Trend (Day-wise):
| Date | QIB | NII | Retail | Employee | Total |
|---|---|---|---|---|---|
| 26 Dec 2025 | 2.25x | 6.33x | 9.99x | — | 6.95x |
| 29 Dec 2025 | 6.32x | 135.22x | 175.22x | — | 119.6x |
| 30 Dec 2025 | 236.3x | 643.84x | 539.79x | — | 487.27x |
The E TO E Transportation Infrastructure IPO opened with strong demand on Day-1, supported by active participation from Retail and NII investors.
On Day-2, subscription levels for the E TO E Transportation Infrastructure IPO rose sharply due to heavy bidding from Retail, followed by NII investors.
By the end of the bidding period, the IPO was subscribed 487.27x overall, reflecting strong demand from key investor categories, led by NII, followed by Retail and QIB investors. Overall subscription for the E TO E Transportation Infrastructure IPO increased from 6.95x on Day-1 to 487.27x by the final day.
E TO E Transportation Infrastructure IPO Final Subscription
| Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | 236.3x |
| Non-Institutional Investors (NII) | 644.31x |
| Retail Investors | 543.32x |
| Total | 489.04x |
E TO E Transportation Infrastructure IPO Allotment Status
The E TO E Transportation Infrastructure IPO allotment status was released on 31 Dec 2025. Investors who applied for the IPO can now check their E TO E Transportation Infrastructure allotment status online through the official registrar website and NSE / BSE portal.
- 🗓 Allotment Date: 31 Dec 2025
- 📈 Listing Date: 02 Jan 2026
How to Check E TO E Transportation Infrastructure IPO Allotment Status Online?
Investors can check the E TO E Transportation Infrastructure IPO allotment status online through MUFG Intime India Private Limited and NSE websites. All platforms provide easy access to the IPO allotment details.
Just follow the below mentioned steps to check your allotment status.You can also visit
MUFG Intime India
to know more about the IPO registrar.
Check on MUFG Intime India Private Limited (IPO Registrar)
- Visit → MUFG Intime India Pvt. Ltd.
- Select E TO E Transportation Infrastructure
- Enter PAN / Application Number / DP Client ID
- Click Submit to view allotment status
Check on NSE (National Stock Exchange) Website
- Go to → NSE Website
- Select Equity & SME IPO Bid Details.
- Choose E TO E Transportation Infrastructure IPO.
- Enter your PAN & Application Number.
- Click on Submit button.
The National Stock Exchange (NSE) provides an online facility to check the E TO E Transportation Infrastructure IPO allotment status.
Note: Allotment status is published only on the official registrar websites. We do not collect investor data or provide allotment verification directly.
How to Apply for E TO E Transportation Infrastructure IPO?
Login to Your Trading App
Open your trading app such as Angel One, Zerodha, Upstox, Groww or any brokerage app.
Go to the IPO Section
Navigate to the IPO section in the app, search for the IPO, and enter your bid details.
Enter Your UPI ID
Provide your UPI ID that is linked to your bank account for payment authentication.
Approve the Mandate
Open your UPI app and approve the payment mandate to block the required amount.
Application Confirmation
Application submitted successfully, the funds will remain blocked until allotment is finalized.
E TO E Transportation Infrastructure IPO Listing Analysis
Below is a quick summary of the E TO E Transportation Infrastructure IPO issue price, listing price, and listing gain on BSE and NSE.
| IPO Status | Issue Price | Listing Price | Listing Gain |
|---|---|---|---|
| Listed (BSE) | ₹174 | ₹331 | ▲ 90.00% |
| Listed (NSE) | ₹174 | ₹331 | ▲ 90.00% |
E TO E Transportation Infrastructure debuted at ₹330.6, listing at a premium of +₹157 (+90.00%). The stock declined to ₹0, slipping -100.00% and ending -₹174 below (-100.00%). The investment fell to ₹0. Investors booked a loss of -₹139,200 per lot.
📌 IPO Issue Price and Lot Size
The IPO of E TO E Transportation Infrastructure was offered in the price band of ₹164 to ₹174 per share.
- The final issue price was fixed at ₹174.
- One lot consisted of 800 shares.
- Minimum investment: ₹174 × 800 = ₹139,200
- Investment after Day-1: ₹0 × 800 = ₹0
- By the end of the listing session, investors faced a loss of -₹139,200 per lot.
📌 IPO Subscription Analysis
Backed by robust demand of 487.27× and institutional subscription of 236.3×, the IPO witnessed a bumper listing. The stock debuted at 90.00% and closed at -100.00%, highlighting exceptional investor confidence.
| Day | QIB | NNI | Retail | Total |
|---|---|---|---|---|
| Day 1 | 2.25x | 6.33x | 9.99x | 6.95x |
| Day 2 | 6.32x | 135.22x | 175.22x | 119.6x |
| Day 3 | 236.3x | 643.84x | 539.79x | 487.27x |
📌 Final Assessment
Overall Outcome: Outstanding IPO
- Subscription Phase: High investor participation
- Listing Phase: Bumper listing performance
- Investor Experience: Negative short-term experience
IPO Financial Summary
- Total Assets changed by 47.07% in FY 2024-2025.
- Total Revenue changed by 47.14% in FY 2024-2025.
- Profit After Tax changed by 36.35% in FY 2024-2025.
- Reserves & Surplus changed by 73.51% in FY 2024-2025.
- Total Borrowings changed by 8.17% in FY 2024-2025.
| Metric | 2025-09-30 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|
| Total Assets (₹ Cr) | 310.84 | 295.44 | 200.89 | 145.16 |
| Total Revenue (₹ Cr) | 112.78 | 253.82 | 172.50 | 135.70 |
| Profit After Tax (₹ Cr) | -7.49 | 13.99 | 10.26 | 8.15 |
| Reserves & Surplus (₹ Cr) | 96.28 | 115.68 | 66.67 | 56.95 |
| Total Borrowings (₹ Cr) | 113.51 | 66.18 | 61.18 | 43.11 |
Utilisation of Proceeds
The Company proposes to utilise the net IPO proceeds of approximately ₹74.13 crore towards the following objectives:
| # | Purpose | Amount (₹ Cr) | % of Total |
|---|---|---|---|
| 1 | To meet working capital requirements | 70.00 | 94.43% |
| 2 | General Corporate Purpose | 4.13 | 5.57% |
| Total | 74.13 | 100% | |
E TO E Transportation Infrastructure IPO Promoter Holding
| Promoter(s) | Zephyr Mantra LLC, Ventureast ETOE LLP, Sourajit Mukherjee and Vinay Kunjuri Panduranga Rao |
|---|---|
| Pre-Issue Holding | 45.19% |
| Post-Issue Holding | 32.51% |
E TO E Transportation Infrastructure IPO FAQs
The E TO E Transportation Infrastructure IPO is a SME Bookbuilding IPO with a total issue size of ₹84.22 crore. The issue consists of a fresh issue of ₹84.22 crore.
The IPO will open for subscription on Fri, 26 Dec 2025 and will close on Tue, 30 Dec 2025.
The shares are being offered at a price band of ₹164 to ₹174 per equity share.
Investors can apply for the IPO with a minimum lot size of 800 shares.
At the upper price band, the minimum investment required for one lot is approximately ₹278,400.
The shares of E TO E Transportation Infrastructure are expected to be listed on NSE & SME on Fri, 02 Jan 2026.
The Grey Market Premium (GMP) of E TO E Transportation Infrastructure IPO is ₹160.
The expected listing price of E TO E Transportation Infrastructure IPO is around ₹334 based on current GMP. This indicates a potential return of approximately 91.95% , with an estimated profit of ₹128,000 per lot, subject to market conditions.
The E TO E Transportation Infrastructure IPO was subscribed 489.04 times on the final day of subscription.
The retail portion is subscribed 539.79 times as of 30 Dec 2025.
The QIB portion is subscribed 236.3 times and the NII portion is subscribed 643.84 times .
The IPO registrar of E TO E Transportation Infrastructure is MUFG Intime India Private Limited. MUFG is responsible for processing IPO applications, finalizing allotment, crediting shares, and initiating refunds.
The allotment date is expected on Wed, 31 Dec 2025.
Allotment status is generally updated in the evening (6 PM – 10 PM) on Wed, 31 Dec 2025 on the registrar or exchange website.
Shares are expected to be credited by Thu, 01 Jan 2026.
Refunds for unsuccessful applicants will be initiated on Thu, 01 Jan 2026.
Investors can check refund status via:
- UPI mandate / bank account (NACH, NEFT, RTGS)
- ASBA bank portal
E TO E Transportation Infrastructure IPO is listed on NSE.
The current share price of E to E Transportation Infrastructure Limited is ₹218.60. The stock opened at ₹228.75, hit a high of ₹228.75 and a low of ₹215.30.
E to E Transportation Infrastructure Limited share price has decreased by ₹4.50 (2.02%) compared to the previous close. The stock has declined 33.88% from its listing price of ₹330.60 on BSE and declined 33.88% from its listing price of ₹330.60 on NSE.
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