India’s smart meter market, worth ₹75 billion in FY25, is expected to soar to ₹295 billion to ₹300 billion by FY30. Allied Engineering Limited has been working in this sector and is all set to step into the public market.
Axis Capital and IIFL Capital are the fund managers. The IPO will be registered by Kfin Technologies. Explore the allotment status.
Don’t miss the Allied Engineering DRHP.
Note: For the Allied Engineering Works Limited IPO, 50% of the IPO shares will become tradable 30 days after allotment, and the remaining portion will be released from lock-in after 90 days.
The complete profile of Allied Engineering is given below:
Below, we've given the information related to the IPO share price, size, and dates.
Allied Engineering Limited submitted its DRHP to SEBI on July 4, 2025, marking the first step toward its upcoming IPO journey.
The risks and strengths of Allied Engineering Private Limited are as follows:
Big name in smart meters: Shivalik Engineering is growing fast and is one of India’s top makers of smart energy meters and automation systems.
Strong factories and innovation: The company has three modern plants and a tool room in Delhi, where new ideas and better products are constantly developed.
Lots of confirmed orders: They already have orders for 5.79 million smart meters worth over ₹18,500 million.
Experienced leaders: The management team has years of experience and a good track record of helping the company grow steadily.
Few major customers: A big part of their business depends on a few clients. If one leaves, it could hurt sales.
Fast-changing technology: Smart meters and automation tech keep changing. The company needs to keep upgrading to stay ahead.
Big delivery challenges: Supplying millions of meters across many states takes careful planning.
Government rules can change: Since the energy sector is highly regulated, new policies could affect how the company operates.
The Allied Engineering Works IPO GMP details aren’t out yet. You can still follow live GMP updates, see how subscriptions are going, and read the offer documents to get a better Allied Engineering Works IPO review.
Also, know the live subscription information. Apply Today.
1. How is the Allied Engineering Works Limited IPO review?
Allied Engineering Limited is seen as one of the precision engineering companies. With this IPO, it will expand its turnover. For the latest sentiment, you can look for the Allied Engineering Limited GMP updates.
2. What is the Allied Engineering Works IPO date?
The IPO open and close dates are not updated as per 15 October 2025. Live subscription details can be monitored through FinnPick, showing live subscription data in real time.
3. What is the Allied Engineering Works Limited IPO price today?
The Allied Engineering Works IPO price is unavailable as of 15 October 2025. Also, don't forget to check the IPO size.
4. Should I use a demat account to bid for the Allied Engineering Limited IPO?
Yes, a demat account is required to bid for the Allied Engineering Limited IPO. Click here to get the ultimate list of the top demat account providers.
