Elfin Agro India IPO Details
Elfin Agro India Deatils : GMP, Subscription, Date
- 📄 IPO Details
- 📊 IPO Subscribe
- 📅 Important Date
- 📈 Day Wise Gmp
- 🧮 Day Wise Subscribe
- 📦 Ipo Lot Size
- 🏷️ Ipo Reservation
- 🏢 About Company
- 🎯 Objective of Ipo
- 🚀 Financial Report
Ipo Details
| IPO Date | 5 to 9 Mar, 2026 |
| Listing Date | Thu, Mar 12, 2026 |
| Face Value | ₹ 5 per share |
| Issue Price | ₹47 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 53,25,000 shares (agg. up to ₹ 25 Cr) |
| Reserved for Market Maker | 2,67,000 shares (agg. up to ₹ 1 Cr) Shilpa Stock Broker Pvt.Ltd. |
| Net Offered to Public | 50,58,000 shares (agg. up to ₹ 24 Cr) |
| Share Holding Pre Issue | 1,41,00,000 shares |
| Share Holding Post Issue | 1,94,25,000 shares |
Subscription
| NII | 2.12x |
| Retail | 0.59x |
| Total | 1.35x |
Important Date
| Event | Date |
|---|---|
| IPO Open | Thu, Mar 5, 2026 |
| IPO Close | Mon, Mar 9, 2026 |
| Allotment | Tue, Mar 10, 2026 |
| Refund | Wed, Mar 11, 2026 |
| Credit of Shares | Wed, Mar 11, 2026 |
| Listing | Thu, Mar 12, 2026 |
Day Wise Gmp
| Date | Price | GMP | Sub | Est Price | Profit | Updated |
|---|---|---|---|---|---|---|
| 11-03-2026 | ₹47.00 | ₹0.00 — | 1.35 | ₹47.00 | ₹0.00 | 23:42 |
| 10-03-2026 | ₹47.00 | ₹0.00 — | 1.35 | ₹47.00 | ₹0.00 | 23:41 |
| 09-03-2026 | ₹47.00 | ₹0.00 — | 1.35 | ₹47.00 | ₹0.00 | 23:46 |
| 08-03-2026 | ₹47.00 | ₹0.00 — | 1.03 | ₹47.00 | ₹0.00 | 00:05 |
| 06-03-2026 | ₹47.00 | ₹0.00 — | 0.47 | ₹47.00 | ₹0.00 | 00:33 |
| 04-03-2026 | ₹47.00 | ₹0.00 — | 0.00 | ₹47.00 | ₹0.00 | 23:48 |
Day Wise Subscribe
| Date | NII | Retail | Total |
|---|---|---|---|
| 10 Mar | 2.12x | 0.59x | 1.35x |
| 09 Mar | 2.12x | 0.59x | 1.35x |
| 08 Mar | 1.81x | 0.25x | 1.03x |
| 06 Mar | 1.37x | 0.22x | 0.8x |
Ipo Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 6000 | ₹2,82,000 |
| Individual investors (Retail) (Max) | 2 | 6000 | ₹2,82,000 |
| HNI (Min) | 3 | 9000 | ₹4,23,000 |
Ipo Reservation
| Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,67,000 (5.01%) |
| NII (HNI) Shares Offered | 25,20,000 (47.32%) |
| Retail Shares Offered | 25,38,000 (47.66%) |
| Total Shares Offered | 53,25,000 (100.00%) |
About Company
| Section | Details |
|---|---|
| Company Overview | Elfin Agro India Limited is engaged in manufacturing Chakki Atta, R Atta, Tandoori Atta, Sooji, Maida and Yellow Mustard Oil. |
| Brands | The company sells wheat flour under the brands "Shiv Nandi" and "ELFIN’S Shri Shyam BHOG". Edible mustard oil is also sold under the brand "Shiv Nandi". |
| Business Activities | Extraction, filtering and manufacturing of edible mustard oil from raw mustard seeds along with trading of agro products. |
| Other Traded Products | Chana, Maize, Soyabean Refined Oil, Rice Bran Refined Oil, Wheat, cattle feed, groundnut oil etc. |
| Manufacturing Units | Two manufacturing units located in Bhilwara, Rajasthan. |
| Market Presence | Clientele spread across 8 states including Gujarat, Haryana, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Uttar Pradesh, Uttarakhand and Union Territories Chandigarh and Delhi. |
| Competitive Strengths | As detailed in the offer document. |
Objective of Ipo
| # | Issue Objects | Estimated Amount (₹ Cr) |
|---|---|---|
| 1 | Working Capital Requirements | 9.33 |
| 2 | General Corporate Expenses | 3.50 |
Financial Report
| Metric | Value |
|---|---|
| ROE | 22.42% |
| ROCE | 34% |
| Debt / Equity | 0.71 |
| RoNW | 22.42% |
| PAT Margin | 3.39% |
| EBITDA Margin | 5.69% |
| Price to Book Value | 3.73 |

