Elfin Agro India IPO Details

SME BSE

Elfin Agro India IPO Summary

Elfin Agro India Logo | Elfin Agro India IPO Details, Date, Price, GMP, Live Subscription

Elfin Agro India IPO DRHP (Draft Red Herring Prospectus) has been Exchange Approval Received.

Elfin Agro India IPO price band has been fixed at ₹47 – ₹47 per share. The face value is ₹5 per share with a lot size of 3000.

Elfin Agro India IPO total issue size comprises 53,25,000 shares (aggregating up to ₹25.03 Cr.). This includes a fresh issue of 53,25,000 shares (aggregating up to ₹25.03 Cr.). Pre-issue shareholding stands at 1,41,00,000, which will increase to 1,94,25,000 post-issue.

Elfin Agro India IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

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 Finshore Management Services 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
₹47 - ₹47
Face Value
₹5 per share
Lot Size
3000 Shares
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Fixed Price Issue
Pre-issue Shareholding
1,41,00,000 shares
Post-issue Shareholding
1,94,25,000 shares
Total Issue Size
53,25,000 shares(aggregating up to ₹25.03 Cr.)
Fresh Issue
53,25,000 shares(aggregating up to ₹25.03 Cr.)
Offer for Sale
-
DRHP Status
Exchange Approval Received

Elfin Agro India IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Elfin Agro India IPO Reservation

Promoter Holding

Pre Issue:
-
Post Issue:
-

Elfin Agro India IPO Valuations

ROCE47.93%
DEBT/EQUITY0.88
RONW36.86%
PAT MARGIN3.48%
PRICE TO BOOK VALUE4.81
P/E Pre IPO13.05
P/E Post IPO17.98

Elfin Agro India Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets33.4424.6920.90
Total Income146.44124.71101.45
Profit After Tax5.083.681.81
EBITDA7.545.823.11
NET Worth13.788.705.02
Reserves and Surplus3.617.296.73
Total Borrowing12.197.607.23
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.

 

Strength Of Elfin Agro India IPO

To be announced

Risk Of Elfin Agro India IPO

To be announced

Objectives Elfin Agro India IPO

1. Working Capital Requirements

2. General Corporate Expenses

Company Contact Details

Elfin Agro India Ltd
F - 250-251-252-253,
RIICO, Growth Centre, Swaroopganj,
Hamirgarh,
Bhilwara, Rajasthan, 311025
Phone: +91 7976780728
Email: cs@elfinagroindia.com
Website: http://www.elfinagroindia.com/

Registrar Contact Details

Name:
Cameo Corporate Services Ltd
Phone:
+91-44-28460390

Elfin Agro India FAQs

The Elfin Agro India IPO is a SME public issue comprising 5325000 equity shares with a face value of ₹5 each, aggregating to a total issue size of ₹25.03 Cr.. The issue price has been fixed at ₹47 per equity share, and the minimum application size is 3000 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Cameo Corporate Services Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Elfin Agro India IPO opens on TBA.

Elfin Agro India IPO lot size is 3000, and the minimum amount required for application is ₹141000.

You may apply for the Elfin Agro India IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Elfin Agro India IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Elfin Agro India IPO allotment status for updates.

The listing date for the Elfin Agro India IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Elfin Agro India IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹0 (0%).

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