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Elfin Agro India Ltd

Elfin Agro India Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹47
₹47
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹47
Based on GMP
Min. Investment
₹141,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
05 Mar 2026
Close Date
09 Mar 2026
Allotment
10 Mar 2026
Listing Date
12 Mar 2026
Exchange
BSE SME
Price Band
₹47
Listing Price
See chart
Allotment Status
Price Band
₹47
Per share
Face Value
₹5 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
53,25,000 shares (agg. up to ₹25 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹141,000
1 lot
Pre-IPO Holding
1,41,00,000 shares
Promoters
Post-IPO Holding
1,94,25,000 shares
Promoters
P/E (Pre)
13.05x
 
P/E (Post)
17.2x
 
EPS (Pre)
₹3.60
 
EPS (Post)
₹2.73
 
UPI Deadline
5:00 PM on 09 Mar 2026
Mandate
Anchor AllotmentWed, 04 Mar 2026
Basis of AllotmentTue, 10 Mar 2026
Refund InitiationWed, 11 Mar 2026
Demat CreditWed, 11 Mar 2026
Listing DayThu, 12 Mar 2026
UPI Mandate Deadline5:00 PM on 09 Mar 2026
Sale TypeFresh Capital
Net Offer to Public50,58,000 shares (agg. up to ₹24 Cr
Market Maker Quota2,67,000 shares (agg. up to ₹1 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Elfin Agro India Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 09 Mar 2026.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
267,000
₹1.25
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
5,325,000
100% ₹25.03
IPO Shares Offered
Elfin Agro India Ltd IPO total issue size: ₹25.03 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 267,000 ₹1.25
5.01%
Total 5,325,000 ₹25.03
100.00%
* Based on upper price band ₹47 per share
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹47.00
Upper Band
Min Investment
₹141,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹282,000
Retail (Max — 13 Lots)1339,000₹1,833,000
S-HNI (Min — 14 Lots)1442,000₹1,974,000
B-HNI (Min — 68 Lots)68204,000₹9,588,000
* Issue Price ₹47 × Lot Size 3,000 shares
IPO Schedule
Anchor
04 Mar 2026
✓ Done
IPO Open
05 Mar 2026
✓ Done
IPO Close
09 Mar 2026
✓ Done
Allotment
10 Mar 2026
✓ Done
Refunds
11 Mar 2026
✓ Done
Demat Credit
11 Mar 2026
✓ Done
Listing Day
12 Mar 2026
✓ Done
Elfin Agro India Ltd — Live Price LIVE
₹47.00
INR · BSE
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Issue ₹47.00 Live Price
About Elfin Agro India Ltd
Elfin Agro India Limited is primarily engaged in the business of manufacturing of Chakki Atta (High fibre whole wheat flour), R Atta (Refined whole wheat flour), Tandoori Atta (Specialized flour), Sooji (Semolina flour), Maida (Refined Flour) and yellow mustard oil.The company sells processed wheat flour under our brand “Shiv Nandi” and “ELFIN’S Shri Shyam BHOG” to wholesalers and retailers across Rajasthan, Uttar Pradesh, Gujarat, etc.The company is also engaged in the extraction, filtering and manufacturing of Edible mustard oil from raw mustard seeds, being the raw material used for its production. Edible mustard oil is sold under our brand “Shiv Nandi”.They also engage in the trading of certain agro-products, including Chana, Maize, Soyabean Refined Oil, Rice Bran Refined Oil, Wheat, cattle feed, groundnut oil etc based on the prevailing market conditions.It has two manufacturing units in Bhilwara, Rajasthan.The company clientele is spread across 8 states which include Gujarat, Haryana, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Uttar Pradesh and Uttarakhand and 2 Union Territories which include Chandigarh and Delhi.Competitive Strengths:Strategically located Processing Units with robust infrastructureInstalled Capacity, Cost effective production and timely fulfilment of ordersWidespread distribution network and presence across various retail channelsExisting client relationshipsCustomization and Flexibility
Objects of the Issue
1
Working Capital Requirements
2
General Corporate Expenses
Elfin Agro India Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹124.7
31 Mar 2024
₹146.4
31 Mar 2025
₹117.7
31 Dec 2025
Profit After Tax (PAT)
₹3.7
31 Mar 2024
₹5.1
31 Mar 2025
₹4.0
31 Dec 2025
Particulars31 Dec 202531 Mar 202531 Mar 2024
Revenue from Operations 117.72 146.44 124.71
EBITDA 6.68 7.54 5.82
Profit After Tax (PAT) 3.98 5.08 3.68
Net Worth 17.76 13.78 8.70
Total Assets 42.39 33.44 24.69
Reserves & Surplus 10.71 6.73 7.29
Borrowings 12.69 12.19 7.60
EBITDA Margin (%) 5.69%
PAT Margin (%) 3.39%
P/BV Ratio
3.73
RoE
22.42%
RoCE
34%
RoNW
22.42%
PAT Margin
3.39%
EBITDA Margin
5.69%
Debt/Equity
0.71
Issue Structure & Shareholding
Total Shares Offered53,25,000 (100.00%)
Net Offer to Public50,58,000 shares (agg. up to ₹24 Cr
Reserved for Market Maker2,67,000 shares (agg. up to ₹1 Cr)
Pre-Issue Promoter Holding1,41,00,000 shares
Post-Issue Promoter Holding1,94,25,000 shares
P/BV Ratio3.73
RoE22.42%
RoCE34%
Debt / Equity0.71
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Finshore Management Services Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Elfin Agro India Ltd IPO subscribed?

Elfin Agro India Ltd IPO is subscribed 1.00 times by Mar 09, 2026. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Elfin Agro India Ltd IPO retail subscription status?

The Elfin Agro India Ltd IPO retail category is subscribed 1.00 times as of 09 Mar 2026. The retail portion is oversubscribed.

How to subscribe Elfin Agro India Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 05 Mar 2026 and closes 09 Mar 2026. Min investment: ₹141,000 (1 lot = 3,000 shares). UPI mandate: 5:00 PM on 09 Mar 2026.

How many times Elfin Agro India Ltd IPO subscribed?

The Elfin Agro India Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Elfin Agro India Ltd IPO allotment?

Check allotment on the registrar website (Cameo Corporate Services Ltd) at https://ipo.cameoindia.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 10 Mar 2026. Refunds: on 11 Mar 2026.

When Elfin Agro India Ltd IPO will be listed?

The Elfin Agro India Ltd IPO listing date is 12 Mar 2026, Thursday. Listed on: BSE SME. Issue price: ₹47. Estimated listing: ₹47. GMP: NIL.

When Elfin Agro India Ltd IPO close?

The Elfin Agro India Ltd IPO closes on 09 Mar 2026, Monday. UPI mandate: 5:00 PM on 09 Mar 2026. Allotment: 10 Mar 2026. Listing: 12 Mar 2026.