Ellenbarrie Industrial Gases IPO Will Open On June 24, 2025 And Close On June 26, 2025. The ₹852.53 Cr. IPO Is A Book Build Issue, Consisting Entirely Of A Fresh Issue. Ellenbarrie Industrial Gases IPO Price Band Is Set At ₹380 To ₹400 Per Share.
The Allotment Will Be Finalized On June 27, 2025 and Listing date is Expected on The NSE,BSE By 01, July 2025. Investor Quota like 50% QIB, 35% Retail, and 15% HNI Category.
Financial Year 2024 Company Posted a Revenue of ₹290.2 Cr. and A Net Profit of ₹45.29 Cr. Showing Strong Growth From The Previous Year. Based On Financial, The IPO Looks Promising For Long-term Investors.
About Ellenbarrie Industrial Gases Limited
Our Company was originally incorporated on November 23, 1973 as ‘Ellenbarrie Industrial Gases Limited’ We manufacture and supply industrial gases including oxygen, carbon dioxide, acetylene, nitrogen, helium, hydrogen, argon and nitrous oxide, as well as dry ice, synthetic air, fire-fighting gases, medical oxygen, liquid petroleum gas, welding mixture and speciality gases catering to a wide range of end-use industries.
Our service offerings include project engineering services, where we leverage our extensive technical know-how for the design, engineering, supply, installation and commissioning of tonnage air separation units (“ASUs”) and related projects on a turnkey basis for customers across several sectors.
We have a diversified customer base, and in Fiscal 2024, we sold our products to 1,836 customers.
Ellenbarrie Industrial Gases IPO Dates & Price Band Details
IPO Open Date
June 24, 2025
IPO Close Date
June 26, 2025
IPO Price Band
₹380 to ₹400 per share
Face Value
₹2 per equity share
Lot Size
37 Shares
Minimum Investment
₹14,800 Thousand (for 1 lot at ₹400)
IPO Issue Type
Book Built Issue
IPO Issue Size
2,13,13,130 shares (Approx ₹852.53 Cr)
Fresh Issue
1,00,00,000 shares (Approx ₹400.00 Cr)
Offer For Sale
1,13,13,130 shares of ₹2 (Approx ₹452.53 Cr)
Retail Investor Quota
35%
QIB Quota
50%
NII (HNI) Quota
15%
Listing Exchange
NSE,BSE
Anchor Investor List
Click Here
DRHP (Draft Prospectus)
Click Here
RHP (Final Prospectus)
Click Here
Ellenbarrie Industrial Gases IPO Market Lot Size
The Minimum Lot Size For The Ellenbarrie Industrial Gases IPO is 37 Shares, Requiring An Application Amount of ₹14,800 For Retail Investors. Investors Must Apply in Multiples of The Lot Size.
Application
Lot Size
Shares
Amount
Retail Minimum
1
37
₹14,800
Retail Maximum
13
481
₹1,92,400
S-HNI Minimum
14
518
₹2,07,200
B-HNI Minimum
68
2,516
₹10,06,400
Objects Of The Issue
- Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by our Company
- Setting up of an air separation unit at our Uluberia-II plant with a capacity of 220 TPD
- General corporate purposes.
Ellenbarrie Industrial Gases IPO Allotment & Listing Dates
Ellenbarrie Industrial Gases IPO Will Open on June 24 and Close on June 26, 2025. The allotment is Expected on June 27, With the Listing Scheduled on NSE BSE For July 01, 2025 (More information below table).
Anchor Investor Bidding
June 23, 2025
IPO Opens
June 24, 2025
IPO Closes
June 26, 2025
Allotment Finalisation
June 27, 2025
Refunds / Unblocking
June 30, 2025
Shares Credited to Demat
June 30, 2025
Listing Date
July 01, 2025
Ellenbarrie Industrial Gases IPO Financial Report (FY 2025)
Ellenbarrie Industrial Gases Reported a total Revenue of ₹290.2 Cr. in FY 2024, Slightly up From ₹223.71 Cr. in FY 2023. The Company Net Profit Also Rose to ₹45.29 Cr. From ₹28.14 Cr. in the Previous Year Showing Consistent Financial Growth Ahead of its IPO. (More information below table).
Period Ended
31 Mar 2024
31 Mar 2023
31 Mar 2022
Assets
672.54
551.27
414.06
Revenue
290.2
223.71
255.9
Profit After Tax
45.29
28.14
67.16
Net Worth
250.15
203.32
178.59
Reserves and Surplus
403.35
356.51
331.78
Total Borrowing
176.9
101.1
10.71
Amount in ₹ Crore
Ellenbarrie Industrial Gases IPO Valuation Report – FY 2025 (KPI)
Check Detailed Ellenbarrie Industrial Gases IPO Valuation Metrics for FY 2025, including EPS, P/E Ratio, RoNW, NAV, ROCE, and other key financial indicators. These Ratios help Investors Assess the Company financial Health & Valuation Before applying for The IPO. (More information below table).
KPI
Value
Return on Equity (ROE)
11.05%
Return on Capital Employed (ROCE)
12.22%
EBITDA Margin
-
PAT Margin
15.61%
Debt-to-Equity Ratio
0.03
Earnings Per Share (EPS)
-
Price to Earnings Ratio (P/E)
-
Return on Net Worth (RoNW)
18.10%
Net Asset Value (NAV)
₹27.29
Qualitative Factors
- Leading Manufacturer of Industrial Gases, Well Positioned to Capitalise on Industry Tailwinds
- Comprehensive Product Portfolio, Catering to Diverse End-use Industries
- Long-standing Customer Relationships Leading to Stable Cashflows
- Diversified Customer Base, Minimizing Concentration Risks
- Expansive operational and distribution capabilities across East and South India
- Experienced Promoters and Management Team, Supported by a Committed Employee Base
Our Company Promoters
- Padam Kumar Agarwala
- Varun Agarwal
Comparison With Industry Peers
Name of the company
Face Value (Per share)
EPS (Rs)
P/E Ratio
RONW (%)
NAV (Rs. Per share)
PAT (Rs. in Million)
Ellenbarrie
Industrial Gases
Limited
2.00
3.46
115.60
18.10%
19.11
2,902.03
Linde India
Limited
10.00
50.90
161.68
12.52%
406.69
28,456.81
We also offer turnkey solutions involving medical gas pipeline systems, where we assist healthcare facilities in designing, installing, commissioning, operation and maintenance of medical gas pipeline systems. In addition, we supply products and medical equipment to healthcare facilities, which include anaesthesia workstation, spirometers, ventilators, sterilizers, bed-side monitors, and lung diffusion testing machines.
We are present across multiple modalities of supply, namely onsite, bulk and packaged, whereby we offer our products through a combination of supply mechanisms, including pipelines connected to our customers, cryogenic tankers and cylinders.
We have a robust distribution network, with the third highest number of transport tankers, cylinders and customer installations in India.
Our portfolio of industrial and medical gases serves critical functions across industries for public and private entities, such as steel (Jairaj Ispat Limited, Rashtriya Ispat Nigam Limited, and a major steel manufacturing company in India, among others).
Pharmaceuticals and chemicals : (Dr. Reddy’s Laboratories Limited, Laurus Labs Limited, among others).
Healthcare : (All India Institute of Medical Sciences, West Bengal Medical Services Corporation Limited , Chittaranjan National Cancer Institute, among others).
Engineering and infrastructure : (a major construction company in India, a major electrical equipment manufacturing company in India, GMM Pfaudler Limited, and Air India Engineering Services Limited, among others).
Railways, Aviation, Aerospace and Space : (Jupiter Wagons Limited, multiple railway workshops across India and a space
research organisation, among others).
Petrochemicals : (major oil marketing public sector undertakings in India).
Defence Company: (Hindustan Shipyard Limited, among others).
which has enabled us to diversify our revenue streams and limit concentration within specific industries.
Further, we supply products to the Indian armed forces, including, at the Indian Air Force bases in East, South and West India, the Eastern Naval Command bases and multiple Government-owned laboratories.
We also supply products to multiple railway workshops and railways hospitals across East and South India.
Also Read – Mayasheel Ventures IPO Date, GMP, Price, Review, Allotment Details
Ellenbarrie Industrial Gases Company Contact Details
Corporate Office: 3A, Ripon Street, Kolkata –
700016, West Bengal, India.
Telephone: 033-48226521;
email: complianceofficer@ellenbarrie.com.
Website: www.ellenbarrie.com
Ellenbarrie Industrial Gases Lead Manager
JM Financial Limited
7th Floor, Cnergy, Appasaheb Marathe Marg
Prabhadevi, Mumbai – 400 025 Maharashtra, India
Telephone: +91 22 6630 3030
E-mail: aris.ipo@jmfl.com
Website: www.jmfl.com
IIFL Capital Services Limited
24th Floor, One Lodha Place, Senapati Bapat Marg
Lower Parel (West) Mumbai 400 013 Maharashtra, India
Tel: (+ 91 22) 4646 4728
E-mail: arisinfra.ipo@iiflcap.com
Website: www.iiflcap.com
Motilal Oswal Investment Advisors Limited
Motilal Oswal Tower, Rahimtullah, Sayani Road, Opposite
Parel ST Depot, Prabhadevi Mumbai 400 025,
Maharashtra, India
Tel: +91 22 7193 4380
E-mail: ellenbarrie.ipo@motilaloswal.com
Investor grievance e-mail: moiaplredressal@motilaloswal.com
Website: www.motilaloswalgroup.com
Ellenbarrie Industrial Gases IPO Registrar
KFin Technologies Limited
(formerly known as KFin Technologies Private Limited)
Selenium, Tower B, Plot No. 31 and 32 Financial District
Nanakramguda, Serilingampally
Hyderabad, Rangareddi 500 032
Telangana, India
Tel: +91 40 6716 2222
E-mail:eigl.ipo@kfintech.com
Website: www.kfintech.com
Ellenbarrie Industrial Gases IPO FAQs
Question 1: What is the Ellenbarrie Industrial Gases IPO?
Answer 1: Ellenbarrie Industrial Gases IPO is a Mainboard IPO of equity shares of the face value of ₹2 approximately up to ₹ Cr. The issue is priced at 380 to 400 per share.
The Ellenbarrie Industrial Gases IPO opens on 24 June 2025 and closes on 26 June 2025.
MUFG Intime India Private Limited is the registrar for the IPO. The shares to be listed on NSE,BSE.
Question 2: How to apply in Ellenbarrie Industrial Gases IPO through Groww?
Answer 2: Groww customers can apply online in Ellenbarrie Industrial Gases IPO using UPI as a payment gateway. Groww customers can apply in Ellenbarrie Industrial Gases IPO by login into Groww (back office) and submitting an IPO application form.
Steps to apply in Ellenbarrie Industrial Gases IPO through Groww –
- Visit the Groww website and login to Groww.
- Go to Main Page and click the Products & tools and click IPO tab.
- New page Open and Show ‘Mayasheel Ventures IPO’ click the ‘Apply’ button.
- Show IPO detail Shares lot Size and Bid Price & click here to Cutoff Price check Box and Continue.
- Inter Your UPI id like . 95****299@kotak accept terms and condition click Box and Apply For IPO
- groww share payment link Your UPI Mobile Number Pay Payment for IPO Bid to approve the e-mandate successfully submit application .
Question 3: When Ellenbarrie Industrial Gases IPO will open?
Answer 3: The Ellenbarrie Industrial Gases IPO opens on June 24, 2025 and closes on June 26, 2025.
Question 4: What is the lot size of Ellenbarrie Industrial Gases IPO?
Answer 4: Ellenbarrie Industrial Gasess IPO lot size and the minimum order quantity is 37 Shares.
Question 5: How to apply for Ellenbarrie Industrial Gases IPO?
Answer 5: You can apply in Ellenbarrie Industrial Gases IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Groww, Zerodha, Upstox, 5Paisa, Phonepe Share Market, HDFC Bank, and Angel one.
Question 6: When is Ellenbarrie Industrial Gases IPO allotment date?
Answer 6: The Basis of Allotment for Ellenbarrie Industrial Gases IPO will be on Firday, 27 June 2025, and the allotted shares will be credited to your demat account by Monday, 30 June 2025. For Check the Ellenbarrie Industrial Gases IPO allotment status.
Question 7: When is Ellenbarrie Industrial Gases IPO listing date?
Answer 7: The Ellenbarrie Industrial Gases IPO listing date is 27 June 2025. The date of Ellenbarrie Industrial Gases IPO listing on Tuesday, 01 July, 2025.
