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Elin Electronics IPO

Open 20th Dec 2022 · Close 22nd Dec 2022 · Listing 30th Dec 2022

Price Band₹234.00–₹247.00
Live GMP₹4.00
Subscription3.09×
Issue Size₹475.00 Cr
Allotment27th Dec 2022

At a glance

Updated 2026-08-23

Elin Electronics is a Mainboard IPO with an issue size of ₹475.00 crore, proposed for listing on BSE, NSE. The offer opens on 20th Dec 2022 and closes on 22nd Dec 2022. The issue structure includes a fresh issue of ₹175.00 crore and an offer-for-sale component of ₹300.00 crore. The current listing schedule points to 30th Dec 2022.

Issue details

Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹475.00 Cr
Fresh issue₹175.00 Cr
Offer for sale₹300.00 Cr
Face value₹5
Price band₹234.00–₹247.00
Allotment27th Dec 2022
Listing30th Dec 2022

Grey market

GMP page ↗
Latest GMP₹4.00
GMP / upper price1.62%
Est. listing₹251.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens20th Dec 2022
Closes22nd Dec 2022
Allotment27th Dec 2022
Refund28th Dec 2022
Demat29th Dec 2022
Listing30th Dec 2022

Subscription demand

Full bidding ↗
Total3.09×

Lot size

InvestorLotsSharesAmount
Minimum Bid160₹14,820

Company

Incorporated1969

Use of proceeds

ObjectAmount
Repayment/ prepayment, in full or part, of certain borrowings availed by the Company₹88.00 Cr
Funding capital expenditure towards upgrading and expanding the existing facilities at (i) Ghaziabad, Uttar Pradesh, and (ii) Verna, Goa; and₹37.59 Cr
General corporate purpose₹39.02 Cr

31 Mar 2019

Assets397.73
Total Income829.74
Profit After Tax29.07
NET Worth0.00
Reserves and Surplus0.00
Total Borrowing86.64

31 Mar 2020

Assets387.63
Total Income786.37
Profit After Tax27.49
NET Worth0.00
Reserves and Surplus0.00
Total Borrowing69.89

31 Mar 2021

Assets508.31
Total Income864.90
Profit After Tax34.86
NET Worth0.00
Reserves and Surplus0.00
Total Borrowing113.77

31 Mar 2022

Assets532.61
Total Income1,094.67
Profit After Tax39.15
NET Worth0.00
Reserves and Surplus0.00
Total Borrowing102.33

30 Sep 2022

Assets589.24
Total Income604.74
Profit After Tax20.67
Total Borrowing102.77
Trend chart₹ crore

KPIs

KPI
ROE
ROCE
Debt / Equity
RoNW
PAT Margin
EBITDA Margin

Valuation & shareholding

Pre-IPO EPS9.59
Pre-IPO P/E29.69
Promoter holding pre53.98%
Promoter holding post32.93%
Market cap₹1226.58 Cr.

Issue expenses

ExpenseAmount
BRLMs’ fees and commissions (including underwriting commission, brokerage and selling commission)₹14.16 Cr
Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs (2)(3)(4)₹2.27 Cr
Fees payable to the Registrar to the Offer₹0.07 Cr
Others
Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses.₹2.67 Cr
Printing and stationery expenses₹1.44 Cr
Advertising and marketing expenses₹1.87 Cr
Fees payable to legal counsels₹4.10 Cr
Miscellaneous₹1.57 Cr

Registrar & lead managers

Registrar

Kfin Technologies Ltd.

Lead managers

  • JM Financial Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.