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Elin Electronics Limited IPO GMP, Review, Price, Allotment

Elin Electronics Limited IPO Important Dates:

Opening Date20 December 2022
Closing Date22 December 2022
Basis of Allotment27 December 2022
Initiation of refunds28 December 2022
Transfer of shares to demat accounts29 December 2022
Listing Date30 December 2022

Elin Electronics Limited IPO Details

Elin Electronics Limited IPO Price₹234 to ₹247 per share
Lot Size60 Shares
Minimum Amount for 1 lot₹14,820
Total IPO size₹475.00 crore
Issue Size– shares
Fresh Issue– shares
Offer for Sale
Listing AtBSE, NSE
Retail Quota35%
QIB Quota50%
NII Quota15%
DRHP Draft ProspectusClick Here
RHP Draft ProspectusClick Here

Objective of the Issue:

  • Repayment/ prepayment, in full or part, of certain borrowings availed by the Company.
  • Funding capital expenditure towards upgrading and expanding our existing facilities at (i) Ghaziabad, Uttar Pradesh, and (ii) Verna, Goa.
  • General corporate purposes

Company Financials

Amount in ₹ Crore

Period EndedTotal AssetsTotal RevenueProfit After TaxTotal Borrowing
31-Mar-19397.73829.7429.0786.64
31-Mar-20387.63786.3727.4969.89
31-Mar-21508.31864.934.86113.77
31-Mar-22532.611094.6739.15102.33
30-Sep-22589.24604.7420.67102.77

Company Promoters:

  • Mangi Lall Sethia
  • Kamal Sethia
  • Kishore Sethia
  • Gaurav Sethia
  • Sanjeev Sethia
  • Sumit Sethia
  • Suman Sethia
  • Vasudha Sethia
  • Vinay Kumar Sethia

IPO Registrar:

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: elinindia.ipo@kfintech.com
Websitehttps://karisma.kfintech.com/

Company Contact Information:

Elin Electronics Limited
143, Cotton Street,
Kolkata – 700 007,
West Bengal, India
Phone: +91 011 43000400
Email: cs@elinindia.com
Websitehttps://www.elinindia.com/

Elin Electronics Limited IPO GMP today

Elin Electronics Limited IPO grey market premiumSubject to SaudaListing Gain

Elin Electronics Limited IPO Review:

What our experts say about Elin Electronics Limited IPOMay Apply

Elin Electronics Limited IPO Subscription Status live:

Investor CategorySubscription (times)
Qualified Institutions4.51
Non-Institutional Buyers3.29
Retail Investors2.20
Employees
Others
Total3.09

Elin Electronics Limited IPO Subscription Details (times):

DateQIBNIIRetailTotal
Day 1
Dec 20, 2022
0.010.430.550.37
Day 2
Dec 21, 2022
0.011.291.330.95
Day 3
Dec 22, 2022
4.513.292.203.09

Elin Electronics IPO Allotment Status:

Check Elin Electronics Limited IPO Allotment StatusClick Here

Elin Electronics Limited IPO Listing Price:

IPO Price Band
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FAQ:

  1. When will Elin Electronics Limited IPO open for subscription?

    Elin Electronics Limited IPO is set to open on 20 December 2022.

  2. What is Elin Electronics Limited IPO Price Band?

    Elin Electronics Limited IPO Price Band is ₹234 to ₹247 per share.

  3. What is the lot size of Elin Electronics Limited IPO?

    Lot size of Elin Electronics Limited IPO is 60 Shares per lot.

  4. What is the last date to apply for Elin Electronics Limited IPO?

    Last date to apply for Elin Electronics Limited IPO is 22 December 2022.

  5. What is the Elin Electronics Limited IPO Allotment Date?

    Allotment Date for Elin Electronics Limited IPO is 27 December 2022.

  6. What is the Elin Electronics Limited IPO listing date?

    Listing Date for Elin Electronics Limited IPO is 30 December 2022.

  7. Elin Electronics Limited IPO should I buy?

    Yes, you may apply for Elin Electronics Limited IPO.

How to apply Elin Electronics Limited IPO through 5 Paisa?

  1. Login to your 5paisa account and select “Elin Electronics Limited IPO” in the current IPO section.
  2. Enter the number of lots and price at which you wish to apply for the IPO.
  3. Enter your UPI ID and click on submit.
  4. You will receive a mandate notification to block funds in your UPI app.
  5. Approve the mandate request on your UPI and funds will be blocked

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