IPO

Ellenbarrie Industrial Gases Limited IPO

Mainboard

Industrial Gases

Listed On: Jul 1, 2025 at ₹ 486.0(NSE)

₹ 14800 /37 Shares

Check Allotment

24 Jun, 2025

Open Date

26 Jun, 2025

Close Date

27 Jun, 2025

Allotment Date

01 Jul, 2025

Listing Date
Price Summary

Last Closing

460.30 (15.08%)

52 Week High

637.70

52 Week Low

430.35

Last Update

3-Nov-2025 3:30 PM
Ellenbarrie Industrial Gases IPO Issue Details
  • Issue Price ₹380-400 per equity share
  • Face Value ₹2 Per Equity Share
  • Total Issue Size 2,13,13,130 shares(aggregating up to ₹852.53 crore)
  • Fresh Share 1,00,00,000 shares(aggregating up to ₹400 crore)
  • Offer For Sale 1,13,13,130 shares(aggregating up to ₹452.53 crore)
  • Listing at BSE, NSE
  • List Price 486.0(NSE)
  • Listing Date 2025-07-01
  • Lead Manager Motilal Oswal Investment Advisors Limited
    IIFL Capital Services Limited
    Jm Financial Limited
  • Registrar Kfin Technologies Limited
Market Lot Size

Investors can bid for a minimum of 37 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min) 137₹14,800
Retail(max)13481₹1,92,400
SHNI(min) 14518₹2,07,200
SHNI(max) 672,479₹9,91,600
BHNI(min) 682,516₹10,06,400
Ellenbarrie Industrial Gases IPO Reservation

Ellenbarrie Industrial Gases IPO offers total NA shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,NA (NA%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares OfferedNA (NA%)
QIB Shares OfferedNA (NA%)
NII (HNI) Shares OfferedNA (NA%)
bNII < ₹10LNA (NA%)
sNII < ₹10LNA (NA%)
Retail Shares OfferedNA (NA%)
Total Shares OfferedNA (NA%)
Ellenbarrie Industrial Gases IPO Documents
Ellenbarrie Industrial Gases IPO Details


Ellenbarrie Industrial Gases IPO is a book-built issue of ₹852.53 crores, The total issue size is ₹852.53 crores. The IPO of Ellenbarrie Industrial Gases is priced at ₹380-400 per equity share, which has a face value of ₹2 Per Equity Share each, IPO bidding starts from Jun 24, 2025 and ends on Jun 26, 2025. The allotment for Ellenbarrie Industrial Gases IPO will be finalized on Jun 27, 2025. Ellenbarrie Industrial Gases IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jul 1, 2025. The company shall list its equity shares on the BSE, NSE. Kfin Technologies Limited is the registrar of the issue.

Retail investors can bid for a minimum of 37 shares, extendable to 14,800. S-HNIs will be able to bid for 518 shares at ₹2,07,200, while B-HNIs can also apply for a bid of 2,516 shares at ₹10,06,400. The book-running lead manager for the IPO is/are Motilal Oswal Investment Advisors Limited, IIFL Capital Services Limited, Jm Financial Limited.

The total issue ₹852.53 crore, comprising a fresh issue of 1,00,00,000 shares ₹400 crore and having Offer for Sale (OFS) of 1,13,13,130 shares to mop up ₹452.53 crore.

The Ellenbarrie Industrial Gases IPO sets its price band at 380-400 for each share. A single application for Ellenbarrie Industrial Gases Limited IPO must contain at least 37 shares. Sentiment investors need to invest a minimum of 37 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,800 In order to participate in the sNII, investors must purchase at least 14 lots of 518 shares for ₹2,07,200, while the bNII requires 68 lots of 2,516 shares for an investment of ₹10,06,400.

Read More
Ellenbarrie Industrial Gases IPO Subscription Analysis And Details
Retail
2.12x
QIB
64.23x
NII
15.20x
bNII
17.00x
sNII
11.62x
Total
22.18x
As onQIBNII
bNII   sNII
RetailTotal
Shares Offered / Reserved42,62,62731,96,970
21,31,313    10,65,657
74,59,5961,49,19,193
Day 1 24-06-25 05:00 PM
0.00 x0.05
0.04 x   0.07 x
0.13 x0.08 x
Day 2 25-06-25 05:00 PM
0.00 x0.58
0.66 x   0.43 x
0.37 x0.31 x
Day 3 26-06-25 05:00 PM
64.23 x15.20
17.00 x   11.62 x
2.12 x22.18 x

Total No of Applications
4,47,075
Subscription on the basis of Applications
Retail:1.72x BHNI:3.44x SHNI:11.7x
Ellenbarrie Industrial Gases Valuations
EPS Pre IPO ₹6.36/-
EPS Post IPO ₹5.91/-
P/E Pre IPO 62.88
P/E Post IPO 67.69
ROE 16.88%
ROCE 13.71%
Debt/Equity 0.32
RoNW 24.97%
PAT Margin 23.90
Price to Book Value 20.93
Ellenbarrie Industrial Gases Company Financials
In Crs.
In Cr.
31-Mar-2531-Mar-2431-Mar-2331-Mar-22
Assets845.97672.54551.27414.06
Revenue348.43290.2223.71255.9
Profit After Tax83.2945.2928.1467.16
Net Worth333.62250.15203.32178.59
Reserves & Surplus467.17403.35356.51331.78
Total Borrowing245.30176.9101.110.71
About Ellenbarrie Industrial Gases Company

Ellenbarrie Industrial Gases Limited (EIGL) is a prominent Indian industrial, medical, and specialty gas manufacturing and supply company. The company was established in 1973. It supplies vital gases like oxygen, carbon dioxide, acetylene, nitrogen, helium, hydrogen, argon, and nitrous oxide. EIGL further supplies dry ice, synthetic air, fire-fighting gases, medical oxygen, liquefied petroleum gas (LPG), welding mixtures, and specialty gases to various industries.

EIGL provides project engineering services utilizing technical skills to design, install, and commission tonnage ASUs on a turnkey basis. Medical gas pipeline solutions are also offered by the company in assisting health care facilities with the installation, operation, and maintenance of their systems. EIGL also delivers medical equipment like anesthesia workstations, ventilators, spirometers, sterilizers, bedside monitors, and lung diffusion test machines.

As of March 31, 2024, EIGL had 250 permanent and 67 contractual staff.

Read More
Ellenbarrie Industrial Gases - Promoter(s)

Padam Kumar Agarwal

Varun Agarwal

Pre Issue Share Holding : N/A%

Post Issue Share Holding : N/A%

Ellenbarrie Industrial Gases IPO - Issue Objectives
1

Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company.

2

Setting up of an air separation unit at the Uluberia-II plant with a capacity of 220 TPD.

3

General corporate purposes.

Ellenbarrie Industrial Gases IPO - Anchor Investors

Ellenbarrie Industrial Raises Rs 255 Crore Through Anchor Book Allocation.

HDFC Mutual Fund, Axis Mutual Fund, Reliance Capital Trustee, Bandhan Mutual Fund, Tata MF, Motilal Oswal Mutual Fund, Edelweiss Mutual Fund, and Union Mutual Fund have acquired 36.92 lakh shares worth Rs 147.69 crore in Ellenbarrie via anchor book.

Further, Ashoka Whiteoak ICAV, Eastspring Investments, HDFC Life Insurance Company, Clarus Capital, ICICI Lombard General Insurance, Kotak Mahindra Life Insurance, Citigroup, and Copthall Mauritius Investment also invested in the company through anchor book.

Ellenbarrie Industrial Gases IPO - Peers Comparison
P/B RatioP/E RatioRoNWRevenue(in Cr.)
Ellenbarrie IndustrialN/AN/A24.97%N/A
Linde IndiaN/A140.711.91%N/A
Contact Details

Ellenbarrie Industrial Gases

3A, Ripon Street, Kolkata, West Bengal, 700016

033-48226521

complianceofficer@ellenbarrie.com

http://www.ellenbarrie.com/

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

eigl.ipo@kfintech.com

https://kosmic.kfintech.com/ipostatus/