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Elfin Agro India Ltd IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.47.00
Issue Size:
Rs.25.03 Cr
Lot Size:
3000 shares
Open Date:
March 5
Elfin Agro India Ltd IPO Overview
Bidding Dates
March 5 - March 9
Min Investment
₹141,000
Price Range
₹47.00
Issue Size
₹25.03 Cr
IPO DRHP Doc
Not Available
Company Overview
Elfin Agro India Limited is engaged in manufacturing various types of flour and edible mustard oil, selling products under the brands “Shiv Nandi” and “ELFIN’S Shri Shyam BHOG.” The company trades agro-products like Chana, Maize, and refined oils, serving clients across 8 states and 2 Union Territories.
IPO Timeline
Timeline information will be updated when available.
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | Undersubscribed | |
| NII (Non-Institutional Investors/HNI) | 49.82% | Oversubscribed |
| RII (Retail Individual Investors) | 50.18% | Oversubscribed |
| Total Subscription | Undersubscribed |
Last updated: Percentage of shares offered
Current GMP:
No Premium
Est. Listing:
Rs.47
Est. Gain:
0%
Star Rating:
★★★★★(1/5)
Financial Information
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Risks
Potential challenges and risk factors
- High dependence on wheat and mustard seed price fluctuations.
- Revenue concentration from Maida sales.
- Significant reliance on top customers for revenue.
- Geographical concentration of operations in Rajasthan.
- Ongoing legal proceedings involving promoters and group entities.
IPO Details
IPO Reservation
Share Reservation Distribution
Retail
2,538,000 shares (47.66%)
HNI (NII)
2,520,000 shares (47.32%)
Market Maker
267,000 shares (5.01%)
IPO Subscription Status
Key Dates
Open Date:March 5
Close Date:March 9
Listing Date:March 12
