The speciality gases company Ellenbarrie Industrial Gases IPO will be hit the market on June 24, 2025 and closes on June 26, 2025. The Company has filed the RHP of this IPO. According to RHP, the company wants to raise ā¹852.53 crore through IPO. The company will issue fresh shares of ā¹400 crores through this IPO and will issue shares through offer for sale of ā¹452.53 crores.
The company has reserved 50% for QIB, 15% for NII and 35% for Retail Investor in this IPO.
EIGL manufactures a wide variety of industrial gases, including oxygen, nitrogen, argon, helium, hydrogen, carbon dioxide, nitrous oxide and acetylene, through which it services a diverse set of industries, with its products finding use in ship building, glass manufacturing, steel manufacturing, pharmaceuticals, welding, fabrication, among others, rendering their consistent supply critical to different industries. You can check Ellenbarrie Industrial Gases IPO GMP here.
| Read also: Upcoming IPO List 2025 |
EIGL is one of the largest manufacturers of industrial gases in East India and South India, and the market leader in the states of West Bengal, Andhra Pradesh, and Telangana, each in terms of installed manufacturing capacity as of March 31, 2024. It was the first company to set up a hydrogen electrolyzer in Eastern India.
As of March 31, 2024, EIGL had one of the highest number of customers out of any gas company in India, indicating a highly diversified customer base with limited concentration risk. You can check Ellenbarrie Industrial Gases IPO subscription status here.
The company portfolio of industrial and medical gases serves critical functions across industries for public and private entities, such as steel (Jairaj Ispat Limited, Rashtriya Ispat Nigam Limited, and a major steel manufacturing company in India, among others); pharmaceuticals and chemicals (Dr. Reddy’s Laboratories Limited, Laurus Labs Limited, among others); healthcare (All India Institute of Medical Sciences, West Bengal Medical Services Corporation Limited , Chittaranjan National Cancer Institute, among others)
The an engineering and infrastructure (a major construction company in India, a major electrical equipment manufacturing company in India, GMM Pfaudler Limited, and Air India Engineering Services Limited, among others); railways, aviation, aerospace and space (Jupiter Wagons Limited, multiple railway workshops across India and a space research organisation, among others); petrochemicals (major oil marketing public sector undertakings in India); and defence (Hindustan Shipyard Limited, among others).
Object Of the Issue :
- Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by our Company.
- Setting up of an air separation unit at our Uluberia-II plant with a capacity of 220 TPD.
- General corporate purposes.
Company Strengths :
- Leading Manufacturer of Industrial Gases, Well Positioned to Capitalise on Industry Tailwinds.
- Comprehensive Product Portfolio, Catering to Diverse End-use Industries.
- Long-standing Customer Relationships Leading to Stable Cashflows.
- Diversified Customer Base, Minimizing Concentration Risks.
- Expansive operational and distribution capabilities across East and South India.
- Experienced Promoters and Management Team, Supported by a Committed Employee Base.
Ellenbarrie Industrial Gases IPO Review :
| Details | Valuation |
| PAT : Issue Price : EPS : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ā¹83.29 Cr ā¹400 /EQ 6.36 62.89x 16.88 % 25.98 % 13.71 % 0.32 ā¹25.48 ā¹845.97 Cr ā¹5637.42 Cr 96.47 % 69.16 % |
| Team Review : | ā Apply For Long Term |
š Ellenbarrie Industrial Gases IPO Show Review ….š
- ā EIGL is one of the largest manufacturers of industrial gases in East India and South India, and the market leader in the states of West Bengal, Andhra Pradesh, and Telangana.
- ā The company client portfolio is very strong and big company included.
- ā The company top & bottom line posted strong reported.
- ā based on FY25 the PE ratio of the company is costly.
- ā The company Issue price is slightly aggressive based on the PE ratio.
- ā Based on FY25 the Investors can bid the Long term view.
Ellenbarrie Industrial Gases IPO Date, Price & Details :
| IPO Open : | June 24, 2025 |
| IPO Close : | June 26, 2025 |
| Issue Type : | Book Building Issue |
| Face Value : | ā¹2 Equity Share |
| Price Band : | ā¹380 ā ā¹400 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ā¹852.53 Cr {2,13,13,130 Shares} |
| Fresh Issue : | ā¹400.00 Cr {1,00,00,000 Shares} |
| Offer For Sale : | ā¹452.53 Cr {1,13,13,130 Shares} |
| Reserved Quota : | [QIB: 50%] [NII: 15%] [RII: 35%] |
Ellenbarrie Industrial Gases IPO Market Lot :
Ellenbarrie Industrial Gases IPO Minimum Market lot is 1 Lot with 37 shares with ā¹14,800 Application amount. The retail investors can apply up to 13 lots with 481 Shares or ā¹192,400 amounts.
| Application | Lot | Shares | Amount Cr |
| Retail Minimum : | 1 | 37 | ā¹14,800 |
| Retail Maximum : | 13 | 481 | ā¹192,400 |
| S-HNI Minimum : | 14 | 518 | ā¹207,200 |
| S-HNI Maximum : | 67 | 2479 | ā¹991,600 |
| B- HNI Minimum : | 68 | 2516 | ā¹10,06,400 |
Ellenbarrie Industrial Gases IPO EPS & RoNW :
| Year | EPS (ā¹) | RoNW % | NAV (ā¹) |
| 2025 | 6.36 | 24.97 | 25.48 |
| 2024 | 3.46 | 18.10 | 19.11 |
| 2023 | 2.15 | 13.84 | 15.53 |
Ellenbarrie Industrial Gases IPO Peer Comparison PE :
| Company | PE | EPS | RONW | NAV |
| Linde India | 161.68 | 50.90 | 12.52 | 406.69 |
Ellenbarrie Industrial Gases IPO Dates :
| Open Date : | Jun 24, 2025 |
| Close Date : | Jun 26, 2025 |
| Allotment Date : | Jun 27, 2025 |
| Refund Date : | Jun 30, 2025 |
| Share Credit Date : | Jun 30, 2025 |
| Listing Date : | Jul 01, 2025 |
Ellenbarrie Industrial Gases IPO Form :
There are two ways to apply in Ellenbarrie Industrial Gases IPO. You can apply for Ellenbarrie Industrial Gases IPO through ASBA available in your bank account. You have to go to your online bank login select Ellenbarrie Industrial Gases IPO in the Invest section and apply through your bank account. Another option is you apply for Ellenbarrie Industrial Gases IPO through an IPO form download through NSE and BSE. Visit the IPO Form Page and download the NSE Form and BSE Form IPO Form, fill it out, and submit it to your bank or your broker.
Ellenbarrie Industrial Gases Company Financial Report (Cr) :
| Year | Revenue (ā¹) | Expense (ā¹) | PAT (ā¹) |
| 2025 | 348.43 | 240.61 | 83.29 |
| 2024 | 290.20 | 225.98 | 45.29 |
| 2023 | 223.71 | 186.44 | 28.14 |
Company Promoters :
- Padam Kumar Agarwala
Quick Link :
- DRHP Draft Prospectus
- RHP Draft Prospectus
- Anchor Investor
Ellenbarrie Industrial Gases IPO Lead Managers :
- Motilal Oswal Investment Advisors Limited
- IIFL Capital Services Limited
- JM Financial Limited
Ellenbarrie Industrial Gases IPO Registrar :
KFin Technologies Limited
(formerly known as KFin Technologies Private Limited)
Selenium, Tower B, Plot No. 31 and 32 Financial District
Nanakramguda, Serilingampally
Hyderabad, Rangareddi 500 032
Telangana, India
Tel: +91 40 6716 2222
E-mail:[email protected]
Investor grievance e-mail: [email protected]
Website: www.kfintech.com
Note: Check Ellenbarrie Industrial Gases IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
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 isĀ Ellenbarrie Industrial Gases IPO?
Ellenbarrie Industrial Gases IPO is a Mainboard IPO. They are going to raiseĀ ā¹85253Ā Crores via IPO. The issue is priced atĀ ā¹380-ā¹400Ā per equity share. The IPO is to be listed on NSE, and BSE.
WhenĀ Ellenbarrie Industrial Gases IssueĀ will open?
The IPO is to open onĀ June 24, to June 26, 2025Ā for QIB, NII & RII.
What isĀ Ellenbarrie Industrial Gases IssueĀ Size?
Ellenbarrie Industrial Gases IPO size isĀ ā¹852.53Ā Crores.
What is the Fresh issue size of Ellenbarrie Industrial Gases IPO.
The Fresh issue size of Ellenbarrie Industrial Gases IsueĀ ā¹400.00 Cr.
What is the Offer For Sale size of Ellenbarrie Industrial Gases IPO?
The Offer For Sale size of Ellenbarrie Industrial Gases IPOĀ ā¹452.53 Cr.
What isĀ the Ellenbarrie Industrial Gases IPOĀ Minimum and Maximum Lot Size?
The minimum 37 SharesĀ withĀ ā¹14,800 amount while the maximum 481 sharesĀ withĀ ā¹192,400.
What is theĀ Ellenbarrie Industrial Gases IPOĀ Investors Portion?
The investorsā portion for QIB is 50%, NII 15%, and RII 35%.
What is theĀ Ellenbarrie Industrial Gases IPOĀ Allotment Date?
Ellenbarrie Industrial Gases IPO allotment date isĀ June 27, 2025.
What isĀ the Ellenbarrie Industrial Gases IPOĀ Listing Date?
The EIG IPO listing date isĀ Jul 01, 2025.Ā The IPO is to be listed on NSE, BSE.
How to Apply theĀ Ellenbarrie Industrial Gases IPOĀ through Upstox?
Log in toĀ the UpstoxĀ Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name āEllenbarrie Industrial Gases IPOā. Click on the 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.
How to Apply theĀ Ellenbarrie Industrial Gases IPOĀ through Groww?
Log in toĀ the GrowwĀ Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name āEllenbarrie Industrial Gases IPOā. Click on the 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.
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