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Ellenbarrie Industrial Gases Limited IPO Details – Price, Date, GMP & Analysis
Listed
Mainboard
Price Range:
Rs.400.00
Issue Size:
Rs.852.53 Cr
Lot Size:
37 shares
Open Date:
June 24
Ellenbarrie Industrial Gases Limited IPO Overview
Bidding Dates
June 24 - June 26
Min Investment
₹14,800
Price Range
₹400.00
Issue Size
₹852.53 Cr
IPO DRHP Doc
Company Overview
Ellenbarrie Industrial Gases Limited (EIGL) is a leading Indian company specializing in the production and supply of industrial, medical, and specialty gases. Incorporated in 1973, EIGL provides essential gases such as oxygen, carbon dioxide, acetylene, nitrogen, helium, hydrogen, argon, and nitrous oxide, along with dry ice, synthetic air, fire-fighting gases, medical oxygen, liquefied petroleum gas (LPG), welding mixtures, and specialty gases. The company serves a wide range of industries and offers project engineering services, designing and installing tonnage air separation units (ASUs) on a turnkey basis. EIGL also provides medical gas pipeline solutions and supplies medical equipment like anesthesia workstations and ventilators. As of March 31, 2024, EIGL employed 250 permanent and 67 contractual employees.
IPO Timeline
Opens
Jun 24
Closes
Jun 26
Allotment
Jun 27
Refunds
Jun 30
Shares Credit
Jun 30
Listing
Jul 1
Opens
Jun 24
Closes
Jun 26
Allotment
Jun 27
Refunds
Jun 30
Shares Credit
Jun 30
Listing
Jul 1
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 45.27x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 15.58x | Oversubscribed |
| RII (Retail Individual Investors) | 2.19x | Oversubscribed |
| Total Subscription | 17.37x | Oversubscribed |
Last updated: Jun 26, 2025, 05:06 PM
Current GMP:
Rs.57
Est. Listing:
Rs.457
Est. Gain:
+14.3%
Star Rating:
★★★★★(3/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Assets | ₹845.97 Cr | ₹672.54 Cr | ₹551.27 Cr |
| EBITDA | ₹109.74 Cr | ₹61.53 Cr | ₹33.59 Cr |
| Net Worth | ₹333.62 Cr | ₹250.15 Cr | ₹203.32 Cr |
| Profit After Tax | ₹83.29 Cr | ₹45.29 Cr | ₹28.14 Cr |
| Reserves and Surplus | ₹467.17 Cr | ₹403.35 Cr | ₹356.51 Cr |
| Revenue | ₹348.43 Cr | ₹290.2 Cr | ₹223.71 Cr |
| Total Borrowing | ₹245.3 Cr | ₹176.9 Cr | ₹101.1 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Established legacy with over five decades in the industrial gases sector.
- Diverse product portfolio catering to multiple industries, including healthcare, defense, and energy.
- Extensive manufacturing and distribution network across Eastern and Southern India.
- Strong client base featuring prominent organizations like AIIMS and the Indian Armed Forces.
- Significant investment in infrastructure, including a large fleet of cryogenic transport tankers and modern filling stations.
IPO Details
Ellenbarrie Industrial Gases IPO Details
| Face Value | ₹2 per share |
| Fresh Issue | 1,00,00,000 shares (aggregating up to ₹400.00 Cr) |
| IPO Date | June 24, 2025 to June 26, 2025 |
| Issue Price | ₹400 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Listing Date | July 1, 2025 |
| Lot Size | 37 Shares |
| Offer for Sale | 1,13,13,130 shares of ₹2 (aggregating up to ₹452.53 Cr) |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Share Holding Post Issue | 14,09,35,600 shares |
| Share Holding Pre Issue | 13,09,35,600 shares |
| Total Issue Size | 2,13,13,130 shares (aggregating up to ₹852.53 Cr) |
Ellenbarrie Industrial Gases IPO Reservation
Share Reservation Distribution
QIB
10,656,565 shares (50%)
Retail
7,459,596 shares (35%)
Anchor Investors
6,393,938 shares (30%)
QIB (Ex-Anchor)
4,262,627 shares (20%)
HNI (NII)
3,196,970 shares (15%)
bNII (>₹10L)
2,131,313 shares (10%)
sNII (<₹10L)
1,065,657 shares (5%)
Ellenbarrie Industrial Gases IPO Promoter Holding
| Share Holding Post Issue | 81.59% |
| Share Holding Pre Issue | 96.47% |
Ellenbarrie Industrial Gases IPO Listing Details
| ₹400 per share |
| 544421 |
| ELLEN |
| INE236E01022 |
| July 1, 2025 |
Key Dates
Open Date:June 24
Close Date:June 26
Listing Date:July 1
