Ellenbarrie Industrial Gases IPO
- IPO Date24 Jun, 2025 to 26 Jun, 2025
- Listing Date01 Jul, 2025
- Face Value₹2 per share
- Issue Price₹380 to ₹400 per share
- Lot Size37 Shares
- Minimum Investment₹14,800
- Listing AtBSE, NSE
- Total Issue Size2,13,13,130 Shares
(aggregating up to ₹852.53 Cr) - Fresh Issue1,00,00,000 Shares
(aggregating up to ₹400.00 Cr)
- Offer for Sale1,13,13,130 Shares
(aggregating up to ₹452.53 Cr) - Issue TypeBookbuilding IPO
- Share holding pre issue13,09,35,600
- Shareholding post issue14,09,35,600
IPO Dates
Closing Date
26 Jun, 2025
Initiation of Refunds
30 Jun, 2025
Listing Date
01 Jul, 2025
24 Jun, 2025
Opening Date
27 Jun, 2025
Basis of Allotment
30 Jun, 2025
Credit of Shares
Ellenbarrie Industrial Gases Lot Size
Investors can bid for a minimum of 37 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 37 | ₹14,800 |
| B-HNI (Min) | 68 | 2516 | ₹10,06,400 |
| S-HNI (Max) | 67 | 2479 | ₹9,91,600 |
| S-HNI (Min) | 14 | 518 | ₹2,07,200 |
| Retail (Max) | 13 | 481 | ₹1,92,400 |
Ellenbarrie Industrial Gases Promoter Holding
Padam Kumar Agarwala and Varun Agarwal are the company promoters.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 98.96% | - |
Ellenbarrie Industrial Gases COMPANY INFORMATION
Ellenbarrie Industrial Gases IPO is a bookbuilding. The issue comprises of fresh issue of ₹400.00 crore and offer for sale of 1.44 crore shares. Ellenbarrie Industrial Gases IPO dates are yet to be announced. The allotment for the Ellenbarrie Industrial Gases IPO is expected to be finalized on [.]. Ellenbarrie Industrial Gases IPO price bands are yet to be announced. Motilal Oswal Investment Advisors Limited, IIFL Capital Services Limited, Jm Financial Limited are the book running lead managers of the Ellenbarrie Industrial Gases IPO, while Kfin Technologies Limited is the registrar for the issue. Refer to Ellenbarrie Industrial Gases IPO RHP for detailed information.
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 Served
EIGL 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 & Workforce
- Customer Base: In Fiscal 2024, EIGL supplied products to 1,836 customers.
- Bulk Customers: As of March 31, 2024, 295 bulk customers had contracts with an average tenure of five years.
- 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, 2024, EIGL employed 250 permanent and 67 contractual employees.
FAQs About Ellenbarrie Industrial Gases Ipo
Ellenbarrie Industrial Gases IPO will open on 24 Jun, 2025 and close on 26 Jun, 2025. Investors must apply within this period to participate.
The Ellenbarrie Industrial Gases IPO price band is set between ₹380.00 and ₹400.00 per share. The minimum lot size is 37, requiring an investment of at least ₹14800.00.
The Ellenbarrie Industrial Gases IPO shares are expected to be listed on 01 Jul, 2025, subject to regulatory approvals and final allotment.
You can track your Ellenbarrie Industrial Gases IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Ellenbarrie Industrial Gases IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.