Ellenbarrie Industrial Gases IPO: Price Band, Dates, GMP, Allotment, Listing & More
Ellenbarrie Industrial Gases' ₹852.5 crore IPO opens on June 24, 2025, with a price band of ₹380–₹400. The issue includes a fresh issue and OFS, with listing expected on July 1 on NSE and BSE.
Ellenbarrie Industrial Gases IPO has become a talk of the town as this firm prepares to make its first public offer. This IPO has attracted both retail and institutional investors since it has good money in its financials and plans to grow. This is the comprehensive schedule of the Ellenbarrie IPO including IPO date, price band, lot size, GMP, financials, company profile and listing particulars.
📌 Ellenbarrie Industrial Gases IPO Details at a Glance
🔍 Ellenbarrie Industrial Gases IPO Reservation
- Qualified Institutional Buyers (QIBs): 50%
- Non-Institutional Investors (NIIs): 15%
- Retail Individual Investors (RIIs): 35%
Ellenbarrie Industrial Gases IPO Objectives
The net proceeds of the fresh issue will be used in the following way as explained in the Red Herring Prospectus (RHP):
210 crores towards repayment or prepayment of borrowings.
Installation of a 220 TPD air separation plant in the Uluberia-II plant 104.5 crore.
The balance would be utilized in general corporate uses.
Ellenbarrie Industrial Gases Limited
Ellenbarrie Industrial Gases is a reputable company in the industrial gases industry with an experience since 1973. The company is producing and supplying:
Gases of industry: Oxygen, Nitrogen, Argon, Carbon Dioxide, Acetylene, Helium, Hydrogen, Nitrous Oxide.
- Medical gases: Medical Oxygen, synthetic air, fire fighting gases.
- Speciality gases and LPG.
- Welding and Dry Ice Mix.
- It is also a project engineer and has medical gas line to the hospitals.
The products of the company serve a variety of different industry such as healthcare, pharmaceuticals, steel, food and beverages, manufacturing among others.
🏥 Medical Equipment Division
Ellenbarrie also supplies medical equipment to healthcare facilities, including:
- Anesthesia workstations
- Ventilators
- Sterilizers
- Bedside monitors
- Spirometers
- Lung diffusion testing machines
This diversified product and service portfolio strengthens its position in the medical and healthcare segments.
🏢 Operational Footprint
As of March 31, 2025, Ellenbarrie Industrial Gases operates nine manufacturing facilities:
- West Bengal – 5 units
- Andhra Pradesh – 2 units
- Telangana – 1 unit
- Chhattisgarh – 1 unit
This strong regional presence enables efficient supply across East, South, and Central India.
📊 Ellenbarrie Industrial Gases Financial Performance
- Revenue growth: 16% YoY
- PAT growth: 83% YoY
- EBITDA growth: 78.3% YoY
The company has shown consistent growth and improved profitability, which is a positive indicator for IPO investors.
📅 Ellenbarrie IPO Allotment & Listing Schedule
🧾 Ellenbarrie IPO Lot Size & Investment Breakdown
- Lot Size: 37 shares
- Retail Minimum Investment: ₹14,800 (1 lot at ₹400)
- Retail Maximum Investment: ₹1,92,400 (13 lots)
Retail investors can bid in multiples of 37 shares.
📈 Ellenbarrie IPO FAQs
What is the Ellenbarrie IPO date?
The IPO opens on June 24, 2025, and closes on June 26, 2025.
What is the price band of Ellenbarrie Industrial Gases IPO?
The price band is set at ₹380 to ₹400 per share.
How many shares can a retail investor apply for?
A retail investor can apply for a minimum of 1 lot (37 shares) and a maximum of 13 lots (481 shares).
When will Ellenbarrie shares list on stock exchanges?
The tentative listing date for Ellenbarrie shares is July 1, 2025.
Who are the lead managers for this IPO?
Motilal Oswal, JM Financial, and IIFL Capital Advisors.
