Ellenbarrie Industrial Gases IPO
Ellenbarrie Industrial Gases IPO Price Range is ₹380 - ₹400, with a minimum investment of ₹14,800 for 37 shares per lot.
Subscription Rate
22.191x
Minimum Investment
₹14,800
/ 37 shares
IPO Status
Price Band
₹380 - ₹400
Bidding Dates
Jun 24, 2025 - Jun 26, 2025
Issue Size
₹852.53 Cr
Lot Size
37 shares
Min Investment
₹14,800
Listing Exchange
NSE
Ellenbarrie Industrial Gases IPO Application Timeline
IPO Subscription Status
IPO subscribed over
🚀 22.191x
This IPO has been subscribed by 2.144x in the retail category and 64.231x in the QIB category.
Subscription Rate
| Total Subscription | 22.191x |
| Retail Individual Investors | 2.144x |
| Qualified Institutional Buyers | 64.231x |
| Non Institutional Investors | 15.206x |
| Name | Ellenbarrie Industrial Gases |
Objectives of IPO
- Repayment of Borrowings: The company will utilise approximately ₹210.00 crore from the IPO proceeds for full or partial repayment of outstanding borrowings.
- Capacity Expansion: Ellenbarrie Industrial Gases will allocate ₹104.50 crore towards setting up a new 220 TPD Air Separation Unit (ASU) at its Uluberia-II plant in Howrah, West Bengal. The project is expected to be completed by October 2025 and will support the growing demand for industrial and medical gases.
- General Corporate Purposes: The remaining proceeds will be used for general corporate purposes, in line with SEBI regulations. This includes funding day-to-day operations, strengthening brand presence, and supporting business growth initiatives.
Financial Performance of Ellenbarrie Industrial Gases
How to Apply for Ellenbarrie Industrial Gases IPO on INDmoney
- Download the INDmoney app and complete your KYC.
- Go to INDstocks → IPO, or just search “IPO”.
- Tap on Ellenbarrie Industrial Gases IPO from the list of live IPOs.
- View key details like price band, lot size, and dates.
- Tap Apply Now and choose your number of lots.
- Use INDpay UPI for instant mandate tracking.
- Your funds will be blocked until the share allotment is finalized.
Listed Competitors of Ellenbarrie Industrial Gases
Linde India Ltd
Linde India is a leading player in the industrial gases and engineering space, offering a wide range of gas products including oxygen, nitrogen, argon, and hydrogen. The company serves major sectors such as steel, healthcare, chemicals, and manufacturing, with a strong presence across India through its production units, ASUs, and distribution infrastructure.
Ellenbarrie Industrial Gases Shareholding Pattern
| Promoter & Promoter Group | 96.46% | |
| Name | Role | Stakeholding |
| Padam Kumar Agarwala | Promoter | 61.66% |
| Varun Agarwal | Promoter | 25.3% |
| Shanti Prasad Agarwala | Promoter Group | 9.5% |
| Others | 3.54% |
About Ellenbarrie Industrial Gases
Products & Services
| Product | Gas |
| Known For | Industrial and medical gases |
| Top Products | Oxygen, nitrogen, argon, carbon dioxide, helium, hydrogen, LPG, and specialty gases. Medical gas pipeline systems, gas cylinders, cryogenic tankers, and medical equipment like ventilators and sterilizers. |
Frequently Asked Questions of Ellenbarrie Industrial Gases IPO
What is the size of the Ellenbarrie Industrial Gases IPO?
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What is 'pre-apply' for Ellenbarrie Industrial Gases IPO?
Is Ellenbarrie Industrial Gases Limited profitable?
Ellenbarrie Industrial Gases reported a profit of Rs ₹832.89 in FY25 with a net margin of 23.90%.
Who is the Chairman of Ellenbarrie Industrial Gases Limited?
Padam Kumar Agarwala is the Chairman and Managing Director of Ellenbarrie Industrial Gases Limited.