E to E Transportation Infrastructure’s shares opened at ₹330.60 on the NSE SME, giving investors a 90% jump from the issue price and marking the first big listing of 2026.
Impressive debut and premium
The stock opened at a price that was ₹156.60 higher than the top of the IPO band (₹174). A grey‑market premium of ₹162 suggested a listing around ₹336, confirming a near 93% premium.
Massive subscription demand
During the three‑day bidding period, the IPO was subscribed more than 500 times overall:
- Overall subscription: 526.56x
- Retail investors: 544.28x
- Non‑institutional investors (NII): 872.09x
- Qualified Institutional Buyers (QIBs): 236.30x
Investors placed bids for 169.46 crore shares against only 32.18 lakh shares on offer.
Key IPO details
- Issue size: 48.4 lakh equity shares (₹84.22 crore)
- Price band: ₹164 – ₹174 per share
- Public offer: 0.48 lakh fresh shares, no offer‑for‑sale
- Minimum lot: 800 shares (₹2,78,400 at the top price for retail)
- Allocation: 33.26% to retail, 14.25% to NII, 47.45% to QIBs, 28.46% to anchor investors
Use of proceeds
The company plans to use about ₹70 crore of the funds for working capital and the rest for general corporate purposes.
About E to E Transportation Infrastructure
Founded in 2010, the firm provides engineering and integration services for railway projects, including signalling, telecommunications, electrification, and track work. It serves Indian Railways, private sidings, and international markets.
Remember, this is perspective, not prediction. Do your own research before making investment decisions.