Elin Electronics IPO Date, Review, Price, Allotment, Analysis

Elin Electronics IPO Details: Elin Electronics IPO date is fixed, the IPO is to hit the market on December 20 and will close on December 22. Elin Electronics IPO to raise around ₹472 crores via IPO that comprises fresh issue of ₹175 crores and offer for sale up to ₹300 crores of ₹5 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Elin Electronics Limited offers various products and services to its OEM customers. They are a one-stop solution provider, that offers Electronic Manufacturing Services, Universal Motors, Induction Motors, Design & Manufacturing of Tools/Moulds/Dies, Domestic Kitchen Appliances, Personal Care Products, Lighting Products & Automotive Components.

Elin is one of the leading electronics manufacturing services providers to major brands of lighting, fans, and small/ kitchen appliances in India. Elin has three manufacturing plants in that one is located at Ghaziabad (NCR), one in Baddi (HP) & one in Goa. The company is an ISO 9001, ISO 14001 & IATF 16949 certified company and a flagship company of Elin Group. The company is promoted by the “Sethia” family.

Elin is India’s largest Fractional Horse Power (FHP) Motors Manufacturer for Mixer Grinders, Juicer Mixer Grinders, Hand Blenders, Ventilation Fans, Table Pedestal Wall Fans, Kitchen Chimneys, Wet Grinders, Air Conditioners & Air Coolers (Synchronous Motors), Personal Fans, Room Heaters. Our company will be starting motor manufacturing very soon for Air conditioners – Indoor & Outdoor Motors, Nebulizer Motors, Motors/pumps for Water Purifiers, etc. They are the leading Fractional Horse Power (FHP) Motors Manufacturer and Supplier in India with 10 Million Motors annual capacity.

Important Details

• One of the leading electronics manufacturing services providers to major brands.
• India’s largest Fractional Horse Power (FHP) Motors Manufacturer and Supplier in India with 10 Million Motors annual capacity.

Elin Electronics IPO Review (Apply or Not)

• May Apply

Brokerage Firm IPO Review

• Capital Market: To be updated soon
• Religare Broking: To be updated soon
• Hem Securities: To be updated soon
• Arihant Capital: To be updated soon

Elin Electronics IPO Date & Price Band Details

Elin Electronics IPO Market Lot

The Elin Electronics IPO minimum market lot is 60 shares with ₹14,820 application amount. The retail investors can apply up-to 13 lots with 780 shares or ₹₹192,660 amount.

Elin Electronics IPO Allotment & Listing Dates

The Elin Electronics IPO date is December 20 and the close date is December 22. The Elin Electronics IPO allotment will be finalized on December 27 and the IPO listing on December 30.

You can check IPO subscription status and IPO allotment status on their respective pages.

Elin Electronics IPO Form

How to apply for the Elin Electronics IPO? You can apply for Elin Electronics IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Elin Electronics IPO in the Invest section. The other option is you can apply for Elin Electronics IPO via IPO forms downloaded via NSE and BSE. Check out the Elin Electronics forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Elin Electronics Company Financial Report

Elin Electronics IPO Valuation – FY2022

Check Elin Electronics IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Dixon Technologies (India) Ltd
• Amber Enterprises India Limited

Company Promoters

• Mangi Lall Sethia
• Kamal Sethia
• Kishore Sethia
• Gaurav Sethia
• Sanjeev Sethia
• Sumit Sethia
• Suman Sethia
• Vasudha Sethia
• Vinay Kumar Sethia

Elin Electronics IPO Registrar

KFin Technologies Private Limited
Selenium, Tower B, Plot No 31 and 32
Financial District, Nanakramguda, Serilingampally
Hyderabad, Rangareddi – 500032
Telangana, India
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com

Elin Electronics IPO Allotment Status Check

Check Elin Electronics IPO allotment status on KFintech website allotment URL. Click Here

Elin Electronics IPO Lead Managers

• Axis Capital Limited
• JM Financial Limited

Company Address

Elin Electronics Limited
143, Cotton Street, Kolkata – 700 007,
West Bengal, India
Tel: 033 22684329
E-mail: [email protected]
Website: www.elinindia.com

Elin Electronics IPO FAQs