Ellenbarrie Industrial Gases Limited IPO
MainboardIndustrial Gases
Listed On: Jul 1, 2025 at ₹ 486.0(NSE)
₹ 14800 /37 Shares
Check AllotmentPrice Summary
Last Closing
593.55 (48.39%)52 Week High
632.4052 Week Low
486.00Last Update
11-Jul-2025 3:30 PM24 Jun, 2025
Open Date26 Jun, 2025
Close Date27 Jun, 2025
Allotment Date01 Jul, 2025
Listing DateIssue Price
₹380-400 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedList Price
486.0(NSE)Listing Date
2025-07-01Market Lot
Retail : 37 Shares (₹14,800/-)S-HNI : 518 Shares (₹2,07,200/-)
B-HNI : 2,516 Shares (₹10,06,400/-)
Lead Manager
Motilal Oswal Investment Advisors LimitedIIFL Capital Services Limited
Jm Financial Limited
Issue Size
Total 852.53 Cr :#Fresh Issue : 1,00,00,000 shares(aggregating up to ₹400.00 Cr) +
#OFS : 1,13,13,130 shares of ₹2(aggregating up to ₹452.53 Cr)
Retail Portion
35% (Number of Retail Applications: 2,01,611 Approx),(Number of S-HNI Applications : 2,057 Approx),
(Number of B-HNI Applications : 4,115 Approx)
Subscription
22.18 timesEllenbarrie 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 an 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.
Ellenbarrie Industrial Gases IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 42,62,627 | 31,96,970 21,31,313 10,65,657 | 74,59,596 | 1,49,19,193 |
| Day 1 - 24-06-25 05:00 PM | 0.00 x | 0.05 0.04 x 0.07 x | 0.13 x | 0.08 x |
| Day 2 - 25-06-25 05:00 PM | 0.00 x | 0.58 0.66 x 0.43 x | 0.37 x | 0.31 x |
| Day 3 - 26-06-25 05:00 PM | 64.23 x | 15.20 17.00 x 11.62 x | 2.12 x | 22.18 x |
Ellenbarrie Industrial Gases Valuations
EPS Pre IPO
₹6.36/-EPS Post IPO
₹5.91/-P/E Pre IPO
62.88P/E Post IPO
67.69ROE
16.88%ROCE
13.71%Debt/Equity
0.32RoNW
24.97%PAT Margin
23.90Price to Book Value
20.93Ellenbarrie Industrial Gases Company Financials All values are in ₹ Cr.
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|---|
| Assets | 845.97 | 672.54 | 551.27 | 414.06 |
| Revenue | 348.43 | 290.2 | 223.71 | 255.9 |
| Profit After Tax | 83.29 | 45.29 | 28.14 | 67.16 |
| Net Worth | 333.62 | 250.15 | 203.32 | 178.59 |
| Reserves & Surplus | 467.17 | 403.35 | 356.51 | 331.78 |
| Total Borrowing | 245.30 | 176.9 | 101.1 | 10.71 |
About The 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.
Ellenbarrie Industrial Gases - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Net Worth | |
|---|---|---|---|---|
| Ellenbarrie Industrial | N/A | N/A | 24.97% | N/A |
| Linde India | N/A | 140.7 | 11.91% | N/A |
Ellenbarrie Industrial Gases - Promoter(s)
Pre Issue Share Holding: N/A%
Post Issue Share Holding: N/A%
- Padam Kumar Agarwal
- Varun Agarwal
Ellenbarrie Industrial Gases IPO - Issue Objectives
- Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company.
- Setting up of an air separation unit at the Uluberia-II plant with a capacity of 220 TPD.
- General corporate purposes.
Ellenbarrie Industrial Gases IPO - Anchor Investors
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.
Other Details
Ellenbarrie Industrial Gases
3A, Ripon Street, Kolkata, West Bengal, 700016Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: eigl.ipo@kfintech.com
Ellenbarrie Industrial Gases IPO - FAQs
Ans. Ellenbarrie Industrial Gases Limited IPO is a Mainboard IPO. The issue is priced at ₹380-400 per equity share. The minimum order quantity is 37 Shares. The IPO opens on Jun 24, 2025, and closes on Jun 26, 2025. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Ellenbarrie Industrial Gases Limited IPO opens on Jun 24, 2025 and closes on Jun 26, 2025.
Ans. The size of Ellenbarrie Industrial Gases Limited IPO is Total 852.53 Cr : #Fresh Issue : 1,00,00,000 shares(aggregating up to ₹400.00 Cr) + #OFS : 1,13,13,130 shares of ₹2(aggregating up to ₹452.53 Cr).
Ans. The IPO price band is set between ₹380-400 per equity share.
Ans. To apply for Ellenbarrie Industrial Gases Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Ellenbarrie Industrial Gases Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Ellenbarrie Industrial Gases Limited IPO is Jun 27, 2025.
Ans. The Ellenbarrie Industrial Gases Limited IPO will be listed on Jul 1, 2025.
Ans. Follow the steps to check the allotment status for Ellenbarrie Industrial Gases Limited IPO here.
