Back

Ellenbarrie Industrial Gases Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹400
Per Share
GMP
NIL
Grey Market
Est. Listing
₹400
Expected Price
Min. Application
₹29,600
2 lots × 37 shares
IPO Issue Details
Issue Price / Price Band₹400 per share (Fixed Price)
Face Value₹2 Per Share
Lot Size37 Shares per Lot
Total Issue Size2,13,13,130 shares (aggregating up to ₹852.53 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 24 Jun 2025
Subscription CloseThu, 26 Jun 2025
Anchor AllotmentMon, 23 Jun 2025
Basis of AllotmentFri, 27 Jun 2025
Initiation of RefundsMon, 30 Jun 2025
Credit of Shares to DematMon, 30 Jun 2025
Listing DateTue, 01 Jul 2025
UPI Mandate Deadline2025-06-26
Application & Investment Details
Retail — Min (1 Lots)₹14,800 — 37 shares
Retail — Max (13 Lots)₹192,400 (13 Lots)
HNI — Min (14 Lots)₹2,07,200 — 518 shares
EPS (Pre-IPO)₹6.36
EPS (Post-IPO)₹5.91
P/E Ratio (Pre-IPO)62.88x
P/E Ratio (Post-IPO)67.69x
Pre-IPO Promoter Holding13,09,35,600 shares
Post-IPO Promoter Holding14,09,35,600 shares
Fresh Issue Shares1,00,00,000 shares (aggregating up to ₹400.00 Cr)
Offer for Sale Shares1,13,13,130 shares of ₹2 (aggregating up to ₹452.53 Cr)
About Ellenbarrie Industrial Gases Ltd.

Incorporated in 1973, Ellenbarrie Industrial Gases Limited (EIGL) is an Indian company specialising in the production and supply of industrial, medical, and speciality gases. The company provides essential gases such as oxygen, carbon dioxide, acetylene, nitrogen, helium, hydrogen, argon, and nitrous oxide. EIGL also offers dry ice, synthetic air, fire-fighting gases, medical oxygen, liquefied petroleum gas (LPG), welding mixtures, and specialty gases, serving a wide range of industries.Services: EIGL offers project engineering services, leveraging technical expertise to design, install, and commission tonnage air separation units (ASUs) on a turnkey basis. The company also provides medical gas pipeline solutions, assisting healthcare facilities with installing, operating, and maintaining their systems. Additionally, EIGL supplies medical equipment such as anesthesia workstations, ventilators, spirometers, sterilizers, bedside monitors, and lung diffusion testing machines.EIGL serves various customers, classified into three categories:Bulk Customers – Supplied with liquefied gases through cryogenic tankers.Package Customers – Receive compressed gases in cylinders.Onsite Customers – Provided with onsite gas supply and operations & maintenance services.Industries ServedEIGL caters to several industries, including:Steel – Supplying gases to leading steel manufacturers like Jairaj Ispat Limited and Rashtriya Ispat Nigam Limited.Pharmaceuticals & Chemicals – Clients include Dr. Reddy's Laboratories Limited and Laurus Labs Limited.Healthcare – Partnering with institutions like AIIMS, West Bengal Medical Services Corporation Limited, and Chittaranjan National Cancer Institute.Engineering & Infrastructure – Serving companies like GMM Pfaudler Limited and Air India Engineering Services Limited.Railways, Aviation & Space – Supplying gases to railway workshops, Jupiter Wagons Limited, and a space research organization.Petrochemicals – Working with major oil marketing public sector companies.Defence – Providing industrial gases to Hindustan Shipyard Limited.Operations & WorkforceCustomer Base: In Fiscal 2025, EIGL supplied products to 1,829 customers.Manufacturing Facilities: EIGL operates eight facilities across India: four in West Bengal, two in Andhra Pradesh, one in Telangana, and one in Chhattisgarh.Employees: As of March 31, 2025, EIGL employed 281 permanent and 85 contractual employees.

Objects of the Issue

Ellenbarrie Industrial Gases Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company.
210.00
2
2 Setting up of an air separation unit at the Uluberia-II plant with a capacity of 220 TPD.
104.50
3
3 General corporate purposes.
55.95
Shareholding & Lock-in
Pre-IPO Promoter Holding 13,09,35,600 shares
Post-IPO Promoter Holding 14,09,35,600 shares
Lock-in Period (30%)July 26, 2025
Lock-in Period (50%)September 24, 2025
Check AllotmentCheck Status →
Ellenbarrie Industrial Gases Ltd. — Live Price LIVE
₹400.00
INR · BSE
Fetching live data…
VS Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading chart…
Chart Not Available
Ellenbarrie Industrial Gases Ltd. is not yet listed on Yahoo Finance or has a different ticker symbol.
Try again after listing stabilises (2-3 trading days).
Issue ₹400.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹400
GMPNIL
Est. Listing₹400
Lot Size37 shares
Min Amount₹29,600
Listing Date01 Jul 2025
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹400
Listing Date01 Jul 2025
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 21,313,130 100.00% ₹852.53 Cr
* Based on ₹400.00 (upper price band)
Lot Size & Investment Details
Lot Size
37
Shares
Issue Price
₹400.00
Per Share
Min Investment
₹14,800
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 37 ₹14,800
Retail (Max) 13 481 ₹192,400
sNII (Min) 14 518 ₹207,200
bNII (Min) 68 2,516 ₹1,006,400
Company Financials — Restated Consolidated (Amount in Crore)
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 348.43 290.20 223.71
EBITDA 109.74 61.53 33.59
Profit After Tax (PAT) 83.29 45.29 28.14
Net Worth 333.62 250.15 203.32
Total Assets 845.97 672.54 551.27
Reserves & Surplus 467.17 403.35 356.51
Total Borrowings 245.30 176.90 101.10
Key Ratios & Valuation
Issue Price ₹400
Face Value ₹2 Per Share
P/BV 20.93
RoE 16.88%
RoCE 13.71%
RoNW 24.97%
PAT Margin (%) 23.90%
EBITDA Margin (%) 35.12%
Debt / Equity 0.32
Company Details
Company
Ellenbarrie Industrial Gases Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹2 Per Share
Script Code
N/A
Address
3A, Ripon Street Kolkata, West Bengal, 700016
Book Running Lead Managers
Motilal Oswal Investment Advisors Ltd.
Book Running Lead Manager (BRLM)
IIFL Capital Services Ltd.
Book Running Lead Manager (BRLM)
JM Financial Ltd.
Book Running Lead Manager (BRLM)