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.
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
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)
|Category||Day 1||Day 2||Day 3|
Elin Electronics IPO Details
|Description||Elin 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|
Elin Electronics Financials (Restated)
|Period Ended||Total Assets||Total Revenue||Profit After Tax||Total Borrowing|
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 Lot Size
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
Phone: 04067162222, 04079611000
Elin Electronics Company Address
Elin Electronics Limited
143, Cotton Street,
Kolkata – 700 007,
West Bengal, India
Phone: +91 011 43000400
How to Apply Elin Electronics IPO?
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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.