Ellenbarrie Industrial Gases IPO Details
| IPO Open Date: | June 24, 2025 |
| IPO Close Date: | June 26, 2025 |
| Face Value: | ₹2 Per Equity Share |
| IPO Price Band: | ₹380 to ₹400 Per Share |
| Issue Size: | Approx ₹852.53 Crores |
| Fresh Issue: | Approx ₹400 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 ₹14,800 application amount. The retail investors can apply up-to 13 lots with 481 shares of ₹1,92,400 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 37 | ₹14,800 |
| Retail Maximum | 13 | 481 | ₹1,92,400 |
| S-HNI Minimum | 14 | 518 | ₹2,07,200 |
| B-HNI Minimum | 68 | 2,516 | ₹10,06,400 |
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 ₹348.43 crores in 2025 against ₹290.2 crore in 2024. The company reported profit of ₹83.29 crores in 2025 against profit of ₹45.29 crores in 2024.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹255.9 | ₹180.17 | ₹67.16 | ₹414.06 |
| 2023 | ₹223.71 | ₹186.45 | ₹28.14 | ₹551.27 |
| 2024 | ₹290.2 | ₹225.99 | ₹45.29 | ₹672.54 |
| 2025 | ₹348.43 | ₹240.61 | ₹83.29 | ₹845.97 |
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): | ₹6.36 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 24.97% |
| Net Asset Value (NAV): | ₹25.48 |
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
- IPO Watch – May Apply
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
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/
Ellenbarrie Industrial Gases IPO FAQs
What is Ellenbarrie Industrial Gases IPO?
When Ellenbarrie Industrial Gases IPO will open for subscription?
What is Ellenbarrie Industrial Gases IPO Investors Portion?
How to Apply the Ellenbarrie Industrial Gases IPO?
What is Ellenbarrie Industrial Gases IPO Issue Size?
What is Ellenbarrie Industrial Gases IPO Price Band?
What is Ellenbarrie Industrial Gases IPO Lot Size?
What is the Ellenbarrie Industrial Gases IPO Allotment Date?
What is the Ellenbarrie Industrial Gases IPO Listing Date?
Note: The Ellenbarrie Industrial Gases IPO price band and date are officially announced. The (Ellenbarrie Industrial Gases IPO grey market premium) will be added to the IPO GMP page as it will start).
