Search IPOs
ELFIN · BSE · FMCG
Elfin Agro India IPO listed on 12 Mar 2026 on BSE at ₹47.30, a gain of 0.64% over the issue price of ₹47.00. The IPO was subscribed 1.35x overall.
Elfin Agro India IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 05 Mar 2026 |
| IPO Close Date | 09 Mar 2026 |
| Basis of Allotment | 10 Mar 2026 |
| Initiation of Refunds | 11 Mar 2026 |
| Credit of Shares to Demat | 11 Mar 2026 |
| Listing Date | 12 Mar 2026 |
Listing day gain
+0.64%
Listed at ₹47.3 (issue ₹47)
Issue
₹47
Listing
₹47.3
Current
₹48.05
+2.23% vs issue
Day range
₹47.3 – ₹48.05
Issue Size
5,325,000 shares
(aggregating up to ₹25.00 Cr)
Issue Price
₹47 – ₹47
Face Value
₹5/share
Market Lot
3,000 shares
Retail Min Investment
₹282,000
Listing At
BSE
Sale Type
fresh issue
Fresh Issue
5,058,000 shares
(aggregating up to ₹24 Cr)
Offer for Sale
[.]
Reserved for Market Maker
267,000 shares
(aggregating up to ₹1.00 Cr)
Issue Type
fixed price
Open Date
05 Mar
Close Date
09 Mar
Allotment
10 Mar
Listing
12 Mar
Last updated: 6 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 12 Mar 2026 Latest | ₹47 | ₹0 | ₹47 | ₹0 |
0%
|
12:31 PM |
| 11 Mar 2026 | ₹47 | ₹0 | ₹47 | ₹0 |
0%
|
3:01 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 09 Mar 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| NII | 2.12x | - |
| Retail Investors | 0.59x | - |
| Total | 1.35x | - |
Showing the latest subscription snapshot.
View full subscription historyMr. Vimal Kumar Daga, Mr. Deepak Pal Daga, Mrs. Seema Daga, Mrs. Neetu Daga, M/s. Vimal Kumar Ayush Pal Daga HUF, M/s. Vimal Kumar Deepak Pal Daga HUF and M/s. Deepak Pal Harsh Kumar Daga HUF are the promoters of the company.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 6,000 | ₹282,000 |
| Retail (Max) | 2 | 6,000 | ₹282,000 |
| S-HNI (Min) | 3 | 9,000 | ₹423,000 |
| S-HNI (Max) | 7 | 21,000 | ₹987,000 |
| B-HNI (Min) | 8 | 24,000 | ₹1,128,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 267,000 (5.01%) |
| NII (HNI) Shares Offered | 2,520,000 (47.32%) |
| Retail Shares Offered | 2,538,000 (47.66%) |
| Total Shares Offered | 5,325,000 (99.99%) |
Elfin Agro India Limited is a Rajasthan-based company that makes daily kitchen essentials like Chakki Atta, Maida, Sooji, and Mustard Oil. They have two big factories in Bhilwara where they process high-quality wheat and mustard seeds to provide fresh food products to Indian households.
Strength:
Growth:
The company has shown consistent financial growth, with its revenue increasing from ₹101 Cr in 2023 to over ₹146 Cr in 2025. This growth is driven by the rising demand for packaged and processed food in India. With increasing urbanization and people preferring branded, hygienic flour and oil, Elfin Agro is expanding its capacity. The IPO funds will be used for working capital, which will help them buy more raw materials and increase sales further.
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 101.45 | 124.71 | 146.44 |
| Profit After Tax (PAT) | 1.81 | 3.68 | 5.08 |
| EBITDA | 3.11 | 5.82 | 7.54 |
| Total Assets | 20.9 | 24.69 | 33.44 |
| Net Worth | 5.02 | 8.7 | 13.78 |
| Reserves & Surplus | 3.61 | 7.29 | 6.73 |
| Total Borrowing | 7.23 | 7.6 | 12.19 |
Revenue & Profit Trend
The basis of allotment for Elfin Agro India IPO was finalised on 10 Mar 2026. You can check your allotment status using your PAN number or application number on the Cameo Corporate Services Ltd. portal or BSE.
The Elfin Agro India IPO is expected to open in Mar 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Elfin Agro India IPO is ₹47.00 - ₹47.00 per share.
As per market sources, Elfin Agro India IPO GMP is currently ₹0.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Elfin Agro India IPO stands at 1.35x overall.
The listing date for Elfin Agro India IPO is 12 Mar 2026.
No comments yet. Be the first to comment!
