Elin Electronics Limited IPO
Elin Electronics Limited IPO is listed on BSE and NSE, priced at ₹234–₹247 per share. The stock debuted at ₹244. The IPO had a lot size of ₹60 shares and a minimum investment of ₹14,820.
Elin Electronics Limited IPO
- IPO Dates
- Dec 20, 2022 – Dec 22, 2022
- Price band
- ₹234-247 per equity share
- Minimum Investment
- ₹14,820
- Issue size
- [.] shares of ₹5 (aggregating up to ₹475.00 Cr) #Fresh Issue: [.] shares of ₹5 (aggregating up to ₹175.0 Cr) #Offer for Sale: [.] shares of ₹5 (aggregating up to ₹300.0 Cr)
- Lot size
- 60
- Allotment Date
- Dec 27, 2022
- Listing
- Dec 30, 2022
- Listing At
- BSE, NSE
IPO timeline
-
Dec 20, 2022
Open Date
Completed
-
Dec 22, 2022
Close Date
Completed
-
Dec 27, 2022
Allotment Date
Completed
-
Dec 30, 2022
Listing Date
Completed
Price Summary
- Last closing
- 120.80 (-51.09%)
- 52 week high
- 234.00
- 52 week low
- 93.65
- Last update
Elin Electronics Limited IPO Essentials
Elin Electronics Limited IPO Details
Elin Electronics Limited IPO is priced at ₹234-247 per share with a total issue size of [.] shares of ₹5 (aggregating up to ₹475.00 Cr) #Fresh Issue: [.] shares of ₹5 (aggregating up to ₹175.0 Cr) #Offer for Sale: [.] shares of ₹5 (aggregating up to ₹300.0 Cr). The IPO has a lot size of 60 shares and is listed on BSE and NSE.
- Issue price
- ₹234-247 per equity share
- Lot size
- 60 shares
- Face value
- ₹5 Per Equity Share
- Issue size
- [.] shares of ₹5 (aggregating up to ₹475.00 Cr)
#Fresh Issue: [.] shares of ₹5 (aggregating up to ₹175.0 Cr)
#Offer for Sale: [.] shares of ₹5 (aggregating up to ₹300.0 Cr) - Listing at
- BSE, NSE
- List price
- 244.0(NSE)
- Listing date
- Registrar
- KFin Technologies Limited
- Lead manager
-
Axis Capital Limited ,JM Financial Limited
Elin Electronics Limited IPO Analytics
Elin Electronics Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Elin Electronics Limited IPO Subscription Status
Elin Electronics Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 4,059,824 |
3,044,869
2,029,912
1,014,957
|
7,104,693 | 14,209,386 |
|
Day 1
20-12-22 05:00 PM
|
0.01 x |
0.43x
0.30x
0.69x
|
0.55 x | 0.37 x |
|
Day 2
21-12-22 05:00 PM
|
0.01 x |
1.29x
0.91x
2.06x
|
1.33 x | 0.95 x |
|
Day 3
22-12-22 05:00 PM
|
4.51 x |
3.29x
2.99x
3.89x
|
2.20 x | 3.09 x |
Elin Electronics Limited Valuations
Earnings
- EPS (Post IPO)
- ₹9.20/-
- P/E Ratio
- 31.33
Returns
- RoNW
- 12.92%
Elin Electronics Limited Financials( In Crs.)
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|---|
| Assets | 532.61 | 508.31 | 387.63 | 397.73 |
| Revenue | 1094.67 | 864.9 | 786.37 | 829.74 |
| Profit After Tax | 39.15 | 34.86 | 27.49 | 29.07 |
Elin Electronics Limited Company & Offer Insights
About Elin Electronics Limited
Incorporated in 1969, Elin Electronics Limited is a leading electronics manufacturing services (EMS) provider. The company is a manufacturer of end-to-end product solutions for major brands of lighting, fans, and small/ kitchen appliances in India, and is one of the largest fractional horsepower motors manufacturers in India.
Elin Electronics Limited manufactures and assembles a wide array of products and provides end-to-end product solutions. The company serve under both original equipment manufacturer (OEM) and original design manufacturer (ODM) business models.
The company's diversified product portfolio in EMS includes (i) LED lighting, fans and switches including lighting products, ceiling, fresh air and TPW fans, and modular switches and sockets, (ii) small appliances such as dry and steam irons, toasters, hand blenders, mixer grinders, hair dryer and hair straightener; (iii) fractional horsepower motors, which is used in mixer grinder, hand blender, wet grinder, chimney, air conditioner, heat convector, TPW fans etc.; and (iv) other miscellaneous products.
The company has three manufacturing facilities which are strategically located in Ghaziabad (Uttar Pradesh), Baddi (Himachal Pradesh) and Verna (Goa).
The company also has a centralized R&D centre in Ghaziabad (Uttar Pradesh), focusing on the research and development of all aspects of OEM and ODM models including concept sketching, design refinement, generating optional features and testing.
In Fiscals 2019, 2020 and 2021 and the six months ended September 30, 2021, the company catered to 289, 327, 387 and 267 customers, respectively.
The company's revenue from operations in Fiscals 2019, 2020 and 2021 and the six-month period ended September 30, 2021, was Rs 8,285.45 million, Rs 7,855.84 million, Rs 8,623.78 million and Rs 5,182.46 million, respectively.
Elin Electronics Limited Promoter(s)
Mangi Lall Sethia, Kamal Sethia, Kishore Sethia, Gaurav Sethia, Sanjeev Sethia, Sumit Sethia, Suman Sethia, Vasudha Sethia and Vinay Kumar Sethia are the company's promoters of Elin Electronics Limited.
Elin Electronics Limited IPO Issue Objectives
- •
- Repayment/ prepayment, in full or part, of certain borrowings availed by the Company.
- •
- Funding capital expenditure towards upgrading and expanding our existing facilities at (i) Ghaziabad, Uttar Pradesh, and (ii) Verna, Goa.
- •
- General corporate purposes
Elin Electronics Limited IPO - Anchor Investors
Elin Electronics mobilises Rs 142 crore via anchor book ahead of IPO.
Total 15 investors invested in the company via anchor book including SBI Mutual Fund, Kotak Mahindra Trustee, SBI Life Insurance, Aditya Birla Sun Life Trustee, Pinebridge Global Funds, and PGIM India.
Elin Electronics Limited IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Elin Electronics | 3.28 | 31.3 | 12.92% | 1,095 |
| Dixon Tech | 21.83 | 105 | 21.9% | 10,697 |
| Amber Ent. | 3.76 | 52.2 | 6.67% | 4,206 |
Contact Information
Frequently Asked Questions
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Elin Electronics Limited IPO is a book-built IPO worth ₹[.] shares of ₹5 (aggregating up to ₹475.00 Cr) #Fresh Issue: [.] shares of ₹5 (aggregating up to ₹175.0 Cr) #Offer for Sale: [.] shares of ₹5 (aggregating up to ₹300.0 Cr). The price band is ₹234–₹247 per share. The IPO opens on Dec 20, 2022 and closes on Dec 22, 2022. It will be listed on BSE and NSE. KFin Technologies Limited is the registrar.
The price band of Elin Electronics Limited IPO is ₹234 to ₹247 per share.
The lot size of Elin Electronics Limited IPO is 60 shares.
The minimum investment for Elin Electronics Limited IPO is approximately ₹14,820 based on the upper price band .
Elin Electronics Limited IPO opens on Dec 20, 2022 and closes on Dec 22, 2022.
The allotment date of Elin Electronics Limited IPO is Dec 27, 2022.
Elin Electronics Limited IPO is expected to be listed on Dec 30, 2022, on BSE and NSE .
Elin Electronics Limited IPO listed on Dec 30, 2022. It was issued at ₹244.0(NSE) and is currently around ₹120.80 as on 14-May-2026 3:30 PM, which is approximately -51.1% versus issue price. The 52-week high is ₹234.00.
Based on listing and post-listing performance, Elin Electronics Limited IPO delivered around -51.1% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Elin Electronics Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Elin Electronics Limited IPO valuation snapshot: P/E 31.33, EPS ₹9.20/-, P/B N/A, RoNW 12.92%, and market cap N/A.
To apply for Elin Electronics Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Elin Electronics Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Elin Electronics Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Elin Electronics Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Elin Electronics Limited IPO allotment status on IPO Ji for quick and easy access.