Ellenbarrie Industrial Gases IPO subscribed over 0.08x on Day 1

Ellenbarrie Industrial Gases IPO subscribed over 0.08x on its first day of subscription, wherein QIB subscribed 0.00x, NII subscribed 0.05x, and RII subscribed 0.13x.

Table of Contents

Ellenbarrie Industrial Gases IPO subscription started on Tuesday, 24th June 2025, and will close on June 26, 2025, as per the schedule. The price band is set at ₹380 to ₹400 per share with a face value of ₹2. 

Ellenbarrie Industrial Gases IPO Subscription Status

Ellenbarrie Industrial Gases IPO subscribed over 0.08x on its first day till 5.00 PM on 24th June 2025. 

  • Ellenbarrie Industrial Gases IPO subscription QIB investors portion is 0.0 times, while NII subscribed 0.05 times and RII investors subscribed 0.13 times.
  • The company has received bids for 11,49,553 shares against 1,49,19,193 shares on offer on the first day of subscription.
  • Ellenbarrie Industrial Gases IPO subscribed over 0.08x on its first day.

About Ellenbarrie Industrial Gases Company

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 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. 

Ellenbarrie Industrial Gases IPO GMP: 

Ellenbarrie Industrial Gases IPO GMP was ₹8 as of Tuesday, 24th June 2025. That indicates the IPO is trading at ₹408 with a ₹8 premium in the grey market against the issue price of ₹400.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.