The initial public offering (IPO) of E-to-E Transportation Infrastructure Ltd has concluded with an overwhelming response from investors, setting the stage for a potentially blockbuster listing. The public issue, which closed for bidding on Tuesday, was subscribed a staggering 526.55 times overall, highlighting frenzied demand for the shares.
Allotment Date and How to Check Status
The much-anticipated share allotment for the IPO is most likely to be finalised today, 31 December 2025. Successful and unsuccessful applicants will be able to confirm their allocation shortly after. The process has been digitised for ease. Investors who applied for the NSE SME IPO are advised to check their E-to-E Transportation Infrastructure IPO allotment status online by using their Permanent Account Number (PAN) details.
The official registrar for the issue is MUFG Intime India Private Limited. To check the status, applicants should follow these steps:
- Visit the direct MUFG portal: in.mpms.mufg.com/Initial_Offer/public-issues.html.
- Select 'PAN' from the options like 'PAN/ App. No. /DP/Client ID Account No / IFSC'.
- Enter your correct PAN card details.
- Click on the 'submit' button.
Your specific allotment status will then be displayed on your screen.
Grey Market Premium Signals Strong Listing Gains
Parallel market activity suggests a highly lucrative listing for allotted investors. According to market observers, the E-to-E Transportation Infrastructure IPO Grey Market Premium (GMP) today is ₹145. This indicates that shares of the company are commanding a premium of ₹145 in the unofficial grey market over the issue price.
This GMP of ₹145 signifies that the grey market expects the stock to list at approximately ₹319 (calculated as the upper price band of ₹174 plus the GMP of ₹145). This translates to a projected listing gain of over 83% for successful allottees on the listing date, which is tentatively set for January 2, 2025. The GMP has shown a strong upward trend, rising from around ₹100 to ₹147 in the past week, indicating sustained bullish sentiment even before the subscription window opened.
Breakdown of Subscription Figures
The subscription data, recorded as of 6:19 PM on December 30, 2025 (Day 3), reveals where the strongest demand originated. The issue was a hit across all investor categories.
The portion reserved for Non-Institutional Investors (NIIs) was subscribed an incredible 872.09 times, showing massive interest from high-net-worth individuals and corporate bodies. The retail individual investors (RIIs) category was also oversubscribed a massive 544.28 times. Qualified Institutional Buyers (QIBs) participated robustly, subscribing their quota 236.30 times.
Hem Securities Limited acted as the Book Running Lead Manager for this public issue, through which the company aims to raise ₹84 crore by issuing fresh shares.
Key Takeaways for Investors
The phenomenal subscription rate underscores the high confidence investors have in the company's prospects. The robust grey market premium acts as a leading indicator of a potentially stellar market debut. The entire process, from application to allotment status check, is now seamlessly online, reflecting the digital transformation of India's capital markets. All eyes are now on the formal allotment and the subsequent listing, expected to deliver significant gains.
