Eppeltone Engineers Ltd Company Summary

Eppeltone Engineers Ltd Summary

Eppeltone Engineers Limited was originally incorporated as Eppeltone Engineers Private Limited on September 18, 2002 with the Registrar of Companies, Delhi. Further, the status of the Company has been converted into a Public Limited Company on May 29, 2024 and the name has been changed to Eppeltone Engineers Limited vide certified dated June 19, 2024 issued by the RoC to the Company.The Company is a leading metering company in India, specializing in Switch Mode Power Supplies (SMPS) for computers and other electronic devices, and has progressively diversified its manufacturing capabilities to encompass a broader portfolio, featuring AVR, UPS, MCBs, and transducers. It is engaged mainly into manufacturing of electronic energy meters and various power conditioning devices like high grade chargers, UPS systems, etc. to consumers from institutions, industries and electricity distribution utilities. The Company began its operations in year 1977 and now operates a single manufacturing plant in producing high-quality products. The Company in 2002, started production of LCD based Static Meter Energy Meters. Later, it installed a fully automatic SMT line and moulding machines in 2009. It ventured into manufacturing of Smart Energy and Water Meters in 2016; launched the Water Meter product in 2017; launched CT Meter with completion of the entire LT meters in 2019 and thereafter, launched Smart Meters in 2020.Since then, the Company has expanded business operations by setting up of manufacturing facilities to produce energy meters as a multifaceted industry player. It is also running an industrial unit engaged in manufacturing of static electricity meter and smart electricity meters for the over 20 years.The Company is planning an Initial Offer upto 34,34,000 Fresh Issue Equity Shares.