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

Closed

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

Open Date24 Jun 2025

Close Date26 Jun 2025

Allotment Date27 Jun 2025

Listing Date1 Jul 2025

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.

How to Apply for Ellenbarrie Industrial Gases IPO on INDmoney

Download the INDmoney app and complete your KYC to open an account.

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

Select Ellenbarrie Industrial Gases IPO from the list of live IPOs.

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

Choose the number of lots and place your order via UPI.

Your funds will be blocked until the share allotment is finalized.

Financial Performance of Ellenbarrie Industrial Gases

*Value in ₹ crore

Details	FY23	FY24	FY25
Total Revenue	₹223.71	₹290.2	₹348.43
Total Assets	₹551.26	₹672.53	₹845.96
Total Profit	₹28.14	₹45.28	₹83.28

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

The Company manufactures and supplies industrial gases catering to a wide range of end-use industries. Its service offerings include project engineering services, and it also offers turnkey solutions involving medical gas pipeline systems. In addition, the company supplies products and medical equipment to healthcare facilities.

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?

The size of the Ellenbarrie Industrial Gases IPO is ₹852.53 Cr.

What is the allotment date of the Ellenbarrie Industrial Gases IPO?

Ellenbarrie Industrial Gases IPO allotment date is Jun 27, 2025 (tentative).

What are the open and close dates of the Ellenbarrie Industrial Gases IPO?

The Ellenbarrie Industrial Gases IPO will open on Jun 24, 2025 and close on Jun 26, 2025

What is the lot size of Ellenbarrie Industrial Gases IPO?

The lot size for the Ellenbarrie Industrial Gases IPO is 37.

When will my Ellenbarrie Industrial Gases IPO order be placed?

Your Ellenbarrie Industrial Gases IPO order will be placed on Jun 24, 2025

Can we invest in Ellenbarrie Industrial Gases IPO?

Yes, once Ellenbarrie Industrial Gases IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Ellenbarrie Industrial Gases IPO?

The potential listing gains on the Ellenbarrie Industrial Gases IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Ellenbarrie Industrial Gases IPO?

'Pre-apply' for Ellenbarrie Industrial Gases IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

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.