The IPO is currently Open for subscription.1 It opened on Friday, December 26, 2025, and will close on Tuesday, December 30, 2025.

CategoryDetails
Company NameE to E Transportation Infrastructure Limited
IPO TypeSME IPO (Book Built Issue)
IPO Size₹84.22 Crores (Entirely a Fresh Issue of approx. 48.40 lakh shares)
Face Value₹10 per share
Price Band₹164 to ₹174 per share
Lot Size800 Shares
Minimum Investment₹1,39,200 (for Retail investors, at upper price band)
Listing AtNSE SME
Market MakerShare India Securities Ltd.
RegistrarLink Intime India Pvt Ltd.
Book Running Lead ManagerInteractive Financial Services Ltd.

Important Timelines (Tentative)

Due to the year-end, the listing will take place in the new year, 2026.

  • IPO Open Date: Friday, December 26, 2025
  • IPO Close Date: Tuesday, December 30, 2025
  • Basis of Allotment: Wednesday, December 31, 2025
  • Initiation of Refunds: Thursday, January 01, 2026
  • Credit of Shares to Demat: Thursday, January 01, 2026
  • Listing Date: Friday, January 02, 2026

Subscription Status (Day 1 Data – As of Dec 26, 2025)

On the first day of bidding (yesterday), the IPO saw moderate initial interest.

  • Overall Subscription: approx. 1.15 times
  • Qualified Institutional Buyers (QIB): Not yet subscribed
  • Non-Institutional Investors (NII): Subscribed ~1.40 times
  • Retail Individual Investors (RII): Subscribed ~1.95 times

About the Company

Incorporated in 2010, E to E Transportation Infrastructure is an integrated logistics services provider.2

  • Core Business: Providing road transportation services for Full Truck Load (FTL) and Less than Truck Load (LTL) cargo.
  • Specialization: They specialize in moving bulk goods, raw materials, and finished products across India.
  • Fleet: The company operates a mix of owned vehicles and a network of attached fleet vehicles to manage pan-India operations.
  • Clientele: They serve clients in sectors like FMCG, cement, steel, and infrastructure.

Financial Performance (₹ in Crores)

The company has shown consistent growth in topline and bottom line over the past few years, reflecting the growing demand in the logistics sector.

ParticularsAs of Sept 30, 2025 (H1 FY26)FY Ended March 31, 2025FY Ended March 31, 2024
Total Revenue₹ 140.10₹ 245.60₹ 185.40
Profit After Tax (PAT)₹ 11.80₹ 19.50₹ 11.20
Net Worth₹ 85.20₹ 73.40₹ 53.90
Total Borrowing₹ 110.50₹ 102.10₹ 88.30

Key Performance Indicators (KPIs) & Valuation

Based on the upper price band of ₹174 per share and FY25 data:

  • Post-IPO P/E Ratio: Approximately 28.5x
  • Return on Net Worth (RoNW) – FY25: ~26.57%

The company intends to use the net proceeds from the issue for:

  1. Funding capital expenditure for the purchase of commercial vehicles.
  2. Meeting working capital requirements.
  3. General corporate purposes.

Disclaimer: This information is for educational purposes only and should not be considered financial advice. Investments in SME IPOs carry higher risk.3 Please consult with a qualified financial advisor before making any investment decisions. Subscription data is indicative.