Elfin Agro India Limited IPO Details

SME

Elfin Agro India IPO DRHP (Draft Red Herring Prospectus) has been Filed with Exchange.

The Lead Managers for Elfin Agro India IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Sobhagya Capital Options Pvt.Ltd.. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Elfin Agro India Limited DRHP.

Elfin Agro India IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
-
Lot Size
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Share holding pre issue
Share holding post issue
Total Issue Size
shares
Fresh Issue
shares
Offer for Sale
shares
DRHP Status
Filed with Exchange

Elfin Agro India IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Elfin Agro India IPO Reservation

Promoter Holding

Pre Issue:-
Post Issue:-

Documents

Elfin Agro India IPO Valuations

ROE:81.22%
ROCE:36.98%
DEBT/EQUITY:0.72
RONW:48.85%
PAT MARGIN:16.33%

Elfin Agro India Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets10.864.644.06
Total Income16.065.203.07
Profit After Tax2.610.820.28
EBITDA3.651.210.59
NET Worth5.351.080.26
Reserves and Surplus4.860.72-0.10
Total Borrowing3.862.171.97
Amount in ₹ Crore

About Elfin Agro India IPO

Elfin Agro India Limited is primarily engaged in the business of manufacturing of Chakki Atta (High fibre whole wheat flour), R Atta (Refined whole wheat flour), Tandoori Atta (Specialized flour), Sooji (Semolina flour), Maida (Refined Flour) and yellow mustard oil.

The company sell processed wheat flour under our brand “Shiv Nandi” and “ELFIN’S Shri Shyam BHOG” to wholesalers and retailers across Rajasthan, Uttar Pradesh, Gujarat, etc.

The company is also engaged in the extraction, filtering and manufacturing of Edible mustard oil from raw mustard seeds, being the raw material used for its production. Edible mustard oil is sold under our brand “Shiv Nandi”.

They also engage in the trading of certain agro-products, including Chana, Maize, Soyabean Refined Oil, Rice Bran Refined Oil, Wheat, cattle feed, groundnut oil etc based on the prevailing market conditions.

The company clientele is spread across 8 states which include Gujarat, Haryana, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Uttar Pradesh and Uttarakhand and 2 Union Territories which include Chandigarh and Delhi.

Competitive Strengths:

  • Location of the Processing Units
  • Installed Capacity, Cost effective production and timely fulfilment of orders
  • Widespread distribution network and presence across various retail channels
  • Existing client relationships
  • Customization and Flexibility

 

Strength Of Elfin Agro India IPO

To be announced

Risk Of Elfin Agro India IPO

To be announced

Objectives Elfin Agro India IPO

1. Purchase of Machineries for Automation in existing Manufacturing unit

2. Purchase of Machineries for New Manufacturing Setup

3. Funding working capital requirements of our company

4. General corporate purposes

Company Contact Details

Accretion Nutraveda Ltd.
27 Xcelon Industrial Park-1
Vasna-Chacharwadi, TaSanand,
Ahmedabad, Gujarat, 382213
Phone: +91- 9904366177
Email: compliance@accretionnutraveda.com
Website: http://www.accretionnutraveda.com/

Registrar Contact Details

Name: Kfin Technologies Limited
Phone: +91-40-67162222

Market Maker

To be announced

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