IPO

Ellenbarrie Industrial Gases Ltd. IPO

Min Investment
₹ 14,800 / 37 shares
Price Range
₹380 - ₹ 400
Bidding Dates
24 Jun '25 - 26 Jun '25
Total Issue Value
852.53 Cr
Lot Size
37
Total Issue Size
852.53 Cr
Listing At
BSE, NSE
Subscription
16.08 times
BSE Price
340.45 (-14.89%)
NSE Price
340.15 (-14.96%)

IPO Timeline

  • 24 Jun 2025
    Bidding Starts
  • 26 Jun 2025
    Bidding Ends
  • 27 Jun 2025
    Allotment Finalization
  • 1 Jul 2025
    Listing

About Ellenbarrie Industrial Gases Ltd.

We manufacture and supply industrial gases catering to a wide range of end-use industries. Our service offerings include project engineering services, and we also offer turnkey solutions involving medical gas pipeline systems. In addition, we supply products and medical equipment to healthcare ... Read more

Parent organisation
Founded
Ellenbarrie Industrial Gases Ltd.
1973

Ellenbarrie Industrial Gases Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 63,93,939 (30%)
Non Institutional Investors 31,96,970 (15%)
Qualified Institutional Buyers (QIBs) 42,62,626 (20%)
Retail Individual Investors (RIIs) 74,59,596 (35%)

Ellenbarrie Industrial Gases Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 348.43 Cr 83.29 Cr 443.98 Cr
31 Mar 2024 290.20 Cr 45.29 Cr 380.15 Cr
31 Mar 2023 223.71 Cr 28.14 Cr 333.32 Cr

Ellenbarrie Industrial Gases Ltd. Background

Major Events And Milestones
  • 1973
    Our Company was incorporated as a public limited company under the Companies Act, 1956.
  • 1976
    Our Company’s Equity Shares got listed on the Calcutta Stock Exchange.
    Set-up the first oxygen plant, in Kalyani, West Bengal.
  • 2004
    Established the Company’s first air separation unit for manufacture of industrial gases (elemental gases, liquid or compressed air, acetylene refrigerant gases, and mixed industrial gases) in Uluberia, West Bengal.
  • 2009
    Established the Company’s second air separation unit for manufacture of industrial gases (elemental gases, liquid or compressed air, acetylene refrigerant gases, and mixed industrial gases) in Parawada (Visakhapatnam), Andhra Pradesh.
  • 2012
    Established the Company’s third air separation unit for manufacture of industrial gases (elemental gases, liquid or compressed air, acetylene refrigerant gases, and mixed industrial gases) in (Hyderabad) Jadcherla, Telangana.
  • 2013
    Air Water Inc., acquired upto 51% of the subscribed and fully paid-up Equity Shares of ₹10 of the Company.
  • 2017
    Achieved turnover of more than ₹1,000.00 million.
  • 2018
    Commenced facility for cylinder filling station at Panagarh, West Bengal.
    Our Company was voluntarily delisted from the Calcutta Stock Exchange.
  • 2019
    Entered into an agreement with a major steel manufacturing company in India, for leasing of equipment, for onsite production and pipeline supply of gases.
  • 2020
    Secured a contract to build a plant in Bangladesh on an engineering, procurement, and construction basis.
  • 2021
    Our Company became a 100% Indian company, through divestment of their entire shareholding by Air Water Inc., Japan to the promoters of our Company.
    Entered into a pipeline supply agreement with Jairaj Ispat Limited for setting up the Company’s largest plant of 600 TPD capacity.
  • 2022
    Achieved turnover of more than ₹2,000.00 million.
  • 2023
    Entered into a contract with steel manufacturing company in India owned by the Government of India, for operation and maintenance of their oxygen plant with a capacity of 2500 TPD.
Ellenbarrie Industrial Gases Ltd. Object of Issues

1. Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by our Company
2. Setting up of an air separation unit at our Uluberia-II plant with a capacity of 220 TPD
3. General corporate purposes

Ellenbarrie Industrial Gases Ltd. IPO Listing Details
Listing Date
1 Jul 2025
BSE Script Code
544421
NSE Symbol
ELLEN
ISIN
INE236E01022
Final Issue Price
₹ 400
Ellenbarrie Industrial Gases Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 400.00 ₹ 400.00
Open ₹ 492.00 ₹ 486.00
Low ₹ 485.65 ₹ 486.00
High ₹ 541.20 ₹ 534.60
Last Trade ₹ 541.20 ₹ 534.60
Ellenbarrie Industrial Gases Ltd. Company Promoters

1. Padam Kumar Agarwala
2. Varun Agarwa

Industry Overview

The industrial gases industry in India encompasses the production and supply of gases such as oxygen, nitrogen, hydrogen, carbon dioxide, and argon, among others. These gases are critical to many industries, including electronics, steel, chemicals and fertilizer, manufacturing, healthcare, and ... Read more

Ellenbarrie Industrial Gases Ltd. IPO Registrar
KFin Technologies Ltd.
Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally Hyderabad Telangana - 500032
67162222
Ellenbarrie Industrial Gases Ltd. IPO Lead Manager(s)
IIFL Capital Services Limited
24th Floor, One Lodha Place Senapati Bapat Marg Lower Parel (West), Mumbai Maharashtra - 400013
46464728

FAQs

When does Ellenbarrie Industrial Gases Ltd. IPO opens and closes?

Ellenbarrie Industrial Gases Ltd. IPO opens from 24th June to 26th June 2025.

What is the size of Ellenbarrie Industrial Gases Ltd. IPO?

The size of the Ellenbarrie Industrial Gases Ltd. IPO is ₹852.53 Cr.

What is the price range of Ellenbarrie Industrial Gases Ltd. IPO?

The price range of Ellenbarrie Industrial Gases Ltd. IPO is at ₹380 to ₹400 per share.

What is the minimum investment and lot size required for the Ellenbarrie Industrial Gases Ltd. IPO?

The minimum investment required is ₹14,800 and minimum lot size is 37 shares.

When is Ellenbarrie Industrial Gases Ltd. IPO listing date?

The Ellenbarrie Industrial Gases Ltd. IPO will be listed on 1st July 2025.

What is the objective of Ellenbarrie Industrial Gases Ltd. IPO?

1. Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by our Company
2. Setting up of an air separation unit at our Uluberia-II plant with a capacity of 220 TPD
3. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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