Elin Electronics IPO Subscription Status Today {Final Data}

Elin Electronics IPO

Table of Contents

Elin Electronics IPO subscription status started on Monday December 20, 2022 and will close on December 22, 2022. Elin Electronics IPO to raise around ₹472 crores via IPO. The retail quota is 35%, QIB is 50%, and NII is 15%. The price band is fixed at ₹234 to ₹247 per equity share.

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. The IPO to list on BSE and NSE.

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.

IPOWatch View

We recommend investors may apply an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing. You can check the Elin Electronics IPO allotment status here.

Elin Electronics IPO Subscription Status – Final Data

CategoryDay 1Day 2Day 3
QIB0.010.014.51
NII0.431.293.29
RII0.551.332.20
Total0.370.953.09

Elin Electronics IPO Investor Categories

  • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
  • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
  • Retail Individual Investors (RII): Retail Individual Investors or NRIs
  • Employee (EMP): Eligible Employees
  • Others: Eligible Shareholders

Elin Electronics IPO Review

  • May Apply

Elin Electronics IPO Date & Price Band

IPO Open:December 20, 2022
IPO Close:December 22, 2022
IPO Size:Approx ₹475 Crores
Fresh Issue:Approx ₹175 Crores
Offer for Sale:Approx ₹300 Crores
Face Value:₹5 Per Equity Share
IPO Price Band:₹234 to ₹247 Per Share
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
 NII Quota:15%
Discount:N/A
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Elin Electronics IPO Market Lot

ApplicationLot SizeSharesAmount
Retail Minimum160₹14,820
Retail Maximum13780₹192,660
S-HNI Minimum14840₹207,480
B-HNI Minimum684,080₹1,007,760

Elin Electronics IPO Subscription Dates

Price Band Announcement:December 15, 2022
Anchor Investors Allotment:December 19, 2022
IPO Open Date:December 20, 2022
IPO Close Date:December 22, 2022
Basis of Allotment:December 27, 2022
Refunds:December 28, 2022
Credit to Demat Account:December 29, 2022
Elin Electronics IPO Listing Date:December 30, 2022

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 BSE and NSE. Check out the Elin Electronics forms – Click BSE and NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Elin Electronics IPO Subscription Status FAQs:


When Elin Electronics IPO Subscription will start?

The IPO subscription starts on December 20, 2022 for QIB, NII, and Retail Investors.

How to subscribe Elin Electronics IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Elin Electronics IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Elin Electronics IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Elin Electronics”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Elin Electronics IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Elin Electronics”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Elin Electronics IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Elin Electronics” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is the Elin Electronics IPO Allotment Date?

Elin Electronics IPO allotment date is December 27, 2022.

What is the Elin Electronics IPO Listing Date?

Elin Electronics IPO listing date is December 30, 2022. The IPO is to list on BSE and NSE.

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