Allied Engineering Works Limited IPO

Allied Enginerring is a technology-driven solutions provider focused on supporting utilities across India in deploying smart metering infrastructure and improving distribution efficiency. It manufactures and supplies a diverse range of smart meters, including consumer, distribution transformer, feeder and boundary meters, along with advanced automation and IoT solutions for electricity utilities and AMISPs. By March 31, 2025, it had supplied 2.92 million smart energy meters across six Indian states. Leveraging its design and manufacturing experience, the company plans to expand into smart gas and water meters and multifunction meters for domestic and export markets.