Ellenbarrie Industrial Gases IPO Details
| IPO Open Date: | June 24, 2025 |
| IPO Close Date: | June 26, 2025 |
| Face Value: | ā¹2 Per Equity Share |
| IPO Price Band: | ā¹380 to ā¹400 Per Share |
| Issue Size: | Approx ā¹852.53 Crores |
| Fresh Issue: | Approx ā¹400 Crores |
| Offer for Sale: | Approx 1,13,13,130 Equity Shares |
| Issue Type: | Book Build Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Ellenbarrie Industrial Gases IPO Market Lot
The Ellenbarrie Industrial Gases IPO minimum market lot is 37 shares with ā¹14,800 application amount. The retail investors can apply up-to 13 lots with 481 shares of ā¹1,92,400 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 37 | ā¹14,800 |
| Retail Maximum | 13 | 481 | ā¹1,92,400 |
| S-HNI Minimum | 14 | 518 | ā¹2,07,200 |
| B-HNI Minimum | 68 | 2,516 | ā¹10,06,400 |
Ellenbarrie Industrial Gases IPO Dates
The Ellenbarrie Industrial Gases IPO date is June 24 and the close date is June 26. The Ellenbarrie Industrial Gases IPO allotment will be finalized on June 27 and the IPO listing on July 1.
| IPO Open Date: | June 24, 2025 |
| IPO Close Date: | June 26, 2025 |
| Basis of Allotment: | June 27, 2025 |
| Refunds: | June 30, 2025 |
| Credit to Demat Account: | June 30, 2025 |
| IPO Listing Date: | July 1, 2025 |
Promoters of Ellenbarrie Industrial Gases IPO
The promoters of the company are Padam Kumar Agarwala and Varun Agarwal.
About Ellenbarrie Industrial Gases IPO
Ellenbarrie Industrial Gases Limited (EIGL), founded in 1973, is one of the leading companies specializing in the production and supply of Industrial, medical, and specialty gases. They are one of the oldest industrial gas suppliers in India, offering a range of essential gases including oxygen, carbon dioxide, acetylene, nitrogen, helium, hydrogen, argon, and nitrous oxide. Additionally, the company is also engaged in providing dry ice, synthetic air, fire-fighting gases, medical oxygen, liquefied petroleum gas (LPG), welding mixtures, and specialty gases. The company offers project engineering services using technical expertise to design, engineer, supply, install, and commission tonnage air separation units (“ASUs”) on a turnkey basis. Moreover, Ellenbarrie Industrial also supplies medical equipment such as anaesthesia workstations, spirometers, ventilators, sterilizers, bedside monitors, and lung diffusion testing machines to healthcare facilities. The company includes 250 permanent and 67 contractual employees as of March 31, 2024.
Ellenbarrie Industrial Gases IPO Company Financial Report
The company reported revenue of ā¹348.43 crores in 2025 against ā¹290.2 crore in 2024. The company reported profit of ā¹83.29 crores in 2025 against profit of ā¹45.29 crores in 2024.
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ā¹255.9 | ā¹180.17 | ā¹67.16 | ā¹414.06 |
| 2023 | ā¹223.71 | ā¹186.45 | ā¹28.14 | ā¹551.27 |
| 2024 | ā¹290.2 | ā¹225.99 | ā¹45.29 | ā¹672.54 |
| 2025 | ā¹348.43 | ā¹240.61 | ā¹83.29 | ā¹845.97 |
Ellenbarrie Industrial Gases IPO Valuation – FY2025
Check Ellenbarrie Industrial Gases IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 16.88% |
| ROCE: | 13.71% |
| EBITDA Margin: | 35.12% |
| PAT Margin: | 23.90% |
| Debt to equity ratio: | 0.32 |
| Earning Per Share (EPS): | ā¹6.36 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 24.97% |
| Net Asset Value (NAV): | ā¹25.48 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Linde India Limited | 53.33 | 140.74 | 11.91% | 447.91 | – Cr. |
Objects of the Issue
- 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 Review
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Ellenbarrie Industrial Gases IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- Motilal Oswal Investment Advisors Limited
- IIFL Capital Services Limited
- Jm Financial Limited
Company Address
Ellenbarrie Industrial Gases Limited
3A,
Ripon
Street
Kolkata, West Bengal, 700016
Phone: 033-48226521
Email: [email protected]
Website: http://www.ellenbarrie.com/
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