Ellenbarrie Industrial Gases
IPO Timeline
Issue open date
24 Jun 2025Issue close date
26 Jun 2025UPI mandate deadline
26 Jun 2025Allotment finalization
27 Jun 2025Refund initiation
30 Jun 2025Share credit
30 Jun 2025Listing date
1 Jul 2025Mandate end date
11 Jul 2025Lock-in end date for anchor investors (50%)
27 Jul 2025Lock-in end date for anchor investors (remaining)
25 Sep 2025Key Dates
Quick Stats
Issue Details
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About the Company
Founded in 1973 and headquartered in Kolkata, Ellenbarrie Industrial Gases (EIGL) is a leading independent manufacturer and supplier of industrial, medical, and specialty gases in Eastern and Southern India. The company operates multiple manufacturing facilities across West Bengal, Andhra Pradesh, and Telangana, producing gases such as oxygen, nitrogen, argon, acetylene, and carbon dioxide in both bulk and packaged forms. EIGL serves a diverse clientele across various sectors, including medical, chemical, construction, defense, and energy, with notable clients such as AIIMS, Dr. Reddy’s, Air India Engineering Services, and the Indian Armed Forces. The company maintains a dedicated fleet of cryogenic transport tankers and operates modern cylinder filling stations, enhancing its distribution capabilities.
Strengths
- Established legacy with over five decades in the industrial gases sector.
- Diverse product portfolio catering to multiple industries, including healthcare, defense, and energy.
- Extensive manufacturing and distribution network across Eastern and Southern India.
- Strong client base featuring prominent organizations like AIIMS and the Indian Armed Forces.
- Significant investment in infrastructure, including a large fleet of cryogenic transport tankers and modern filling stations.
Risks
- High capital expenditure requirements for setting up and maintaining manufacturing facilities.
- Exposure to fluctuations in raw material prices and energy costs affects production expenses.
- Dependence on regulatory approvals and compliance with environmental and safety standards.
- Potential risks associated with the transportation and handling of hazardous gases.
- Market competition from both domestic and international industrial gas suppliers.
Ellenbarrie Industrial Gases IPO – Frequently Asked Questions
- The price band for the Ellenbarrie Industrial Gases IPO is set at ₹380 to ₹400 per share.
- The Ellenbarrie Industrial Gases IPO opens on June 24, 2025 and closes on June 26, 2025.
- The tentative listing date for the Ellenbarrie Industrial Gases IPO is July 1, 2025.
- You can apply for the Ellenbarrie Industrial Gases IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Ellenbarrie Industrial Gases, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Ellenbarrie Industrial Gases IPO is 37 shares. Investors must apply for at least one lot (i.e., 37 shares).