Elin Electronics IPO Date, Review, GMP

Elin Electronics IPO will open on 20 Dec 2022 and will close on 22 Dec 2022. The LOT size of this IPO is 60 shares.

Elin Electronics IPO GMP Price

The GMP Price of Elin Electronics IPO is Rs. 42 as per Market search.

IPO Objective

The company proposes to utilise the Net Proceeds of the Fresh Issue towards funding the following objects:

1. Repayment/ prepayment, in full or part, of certain borrowings availed by the Company.

2. Funding capital expenditure towards upgrading and expanding our existing facilities at (i) Ghaziabad, Uttar Pradesh, and (ii) Verna, Goa.

3. General corporate purposes

About Company

Elin Electronics IPO will open on 20 Dec 2022 and will close on 22 Dec 2022. The price band is Rs. 234-247 per equity share and a lot of shares are 60. They are going to be listed on BSE NSE.

Elin Electronics IPO Subscription Status (Live Data)

CategoryDay 1Day 2Day 3
QIB
NII
RII
Total
Elin Electronics IPO Subscription Status

Elin Electronics IPO Details

DescriptionElin Electronics IPO Details
Issue Size[202.99lakh] shares of ₹5
(aggregating up to ₹475.00 Cr)
Issue Open  Date 20 Dec 2022
Issue Close Date 22 Dec 2022
IPO Price Band₹234 – ₹247
Face Value ₹5 per share
Market Lot 60 Shares
Minimum Order Quantity 60 Shares
Listing  BSE NSE
Elin Electronics IPO Details

Elin Electronics Financials (Restated)

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
Elin Electronics Financials (Restated) Amount in Crores

Elin Electronics IPO Important Dates

Offer start 20 Dec 2022
Offer end 22 Dec 2022
Allotment finalization 27 Dec 2022
Refund initiation  28 Dec 2022
Demat transfer 29 Dec 2022
Listing 30 Dec 2022
Elin Electronics IPO Important Dates

Elin Electronics IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)160₹14,820
Retail (Max)13780₹192,660
S-HNI (Min)14840₹207,480
B-HNI (Min)684,080₹1,007,760
Elin Electronics IPO Lot Size

Company Promoters

The promoters of the Company, are Mangi Lall Sethia, Kamal Sethia, Kishore Sethia, Gaurav Sethia, Sanjeev Sethia, Sumit Sethia, Suman Sethia, Vasudha Sethia and Vinay Kumar Sethia.

Elin Electronics IPO Registrar

KFin Technologies Limited

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

Elin Electronics Company Address

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

How to Apply Elin Electronics IPO?

You can signup or login to Zerodha and apply there.

Also, Check the Upcoming IPO watch list

What is Elin Electronics IPO?

Elin Electronics IPO will open on 20 Dec 2022 and close on 22 Dec 2022.

When will Elin Electronics IPO open?

Elin Electronics IPO will open on 20 Dec 2022.

When will Elin Electronics IPO close?

Elin Electronics IPO will close on 22 Dec 2022.

What is the LOT size of Elin Electronics IPO?

The LOT size of Elin Electronics IPO is 60 shares.

Leave a Comment