31 Mar 2023
Assets551.27
Total Income223.71
EBITDA33.59
Profit After Tax28.14
NET Worth203.32
Reserves and Surplus356.51
Total Borrowing101.10
At a glance
Updated 2026-08-24The shares listed at ₹486.00, a 21.50% move from the issue price. Ellenbarrie Industrial Gases is a Mainboard IPO with an issue size of ₹852.53 crore, proposed for listing on BSE, NSE. The offer opens on 24th Jun 2025 and closes on 26th Jun 2025. The issue structure includes a fresh issue of ₹400.00 crore and an offer-for-sale component of ₹452.53 crore. The current listing schedule points to 1st Jul 2025.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹852.53 Cr
Fresh issue₹400.00 Cr
Offer for sale₹452.53 Cr
Face value₹2
Price band₹380.00–₹400.00
Allotment27th Jun 2025
Listing1st Jul 2025
Listing performance
Full performance ↗Issue price₹400.00
Listing price₹486.00
Current price—
Listing gain21.50%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹57.00
GMP / upper price14.25%
Est. listing₹457.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens24th Jun 2025
Closes26th Jun 2025
Allotment27th Jun 2025
Refund30th Jun 2025
Demat30th Jun 2025
Listing1st Jul 2025
Subscription demand
Full bidding ↗Total17.37×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 37 | ₹14,800 |
Company
Incorporated1973
Use of proceeds
| Object | Amount |
|---|---|
| Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company. | ₹210.00 Cr |
| Setting up of an air separation unit at the Uluberia-II plant with a capacity of 220 TPD. | ₹104.50 Cr |
| General Corporate Purposes | ₹55.95 Cr |
| Issue Expenses | ₹59.87 Cr |
| Total | ₹430.32 Cr |
Financials
Full financials ↗31 Mar 2024
Assets672.54
Total Income290.20
EBITDA61.53
Profit After Tax45.29
NET Worth250.15
Reserves and Surplus403.35
Total Borrowing176.90
31 Mar 2025
Assets845.97
Total Income348.43
EBITDA109.74
Profit After Tax83.29
NET Worth333.62
Reserves and Surplus467.17
Total Borrowing245.30
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 16.88% |
| ROCE | 13.71% |
| Debt / Equity | 0.32% |
| RoNW | 24.97% |
| PAT Margin | 23.90% |
| EBITDA Margin | 35.12% |
| Price to Book Value | 20.93 |
Valuation & shareholding
Pre-IPO EPS6.36
Post-IPO EPS5.91
Pre-IPO P/E62.88
Post-IPO P/E67.69
Promoter holding pre96.47%
Promoter holding post81.59%
Market cap₹5637.42 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company. | ₹210.00 Cr |
| Setting up of an air separation unit at the Uluberia-II plant with a capacity of 220 TPD. | ₹104.50 Cr |
| General Corporate Purposes | ₹55.95 Cr |
| Issue Expenses | ₹59.87 Cr |
| Total | ₹430.32 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 2026-08-24.