Latest news with #EllenbarrieIndustrialGasesLtd
News18
27-06-2025
- Business
- News18
Ellenbarrie Industrial Gases IPO Allotment Today: A Step-By-Step Guide To Check Status Online, Know Latest GMP
The GMP of the Ellenbarrie Industrial Gases IPO currently stands at 10.25%, indicating decent listing gains. Ellenbarrie Industrial Gases IPO Allotment Status, GMP: The initial public offering (IPO) of Ellenbarrie Industrial Gases Ltd has been closed, and the investors are now awaiting its allotment, which is expected to be finalised today, Friday, June 27. Investors will start receiving bank debit messages once the application is approved. They can also check the allotment status on the websites of the BSE, the National Stock Exchange (NSE), and registrar Kfin Technologies. The Ellenbarrie Industrial Gases IPO allotment will take place on today, June 27, most probably in the evening. The IPO allotment status can be checked online by following these steps: 1) Go to the official BSE website via the URL — 2) Under 'Issue Type', select 'Equity'. 3) Under 'Issue Name', select 'Ellenbarrie Industrial Gases Ltd' in the dropbox. 4) Enter your application number, or the Permanent Account Number (PAN). 5) Then, click on the 'I am not a robot' to verify yourself and hit the 'Search' option. Your share application status will appear on your screen. You can also visit directly on the registrar Kfin Technologies' portal — and check the Ellenbarrie Industrial Gases IPO allotment status. According to market observers, the GMP of the IPO currently stands at 10.25%, indicating decent listing gains. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. Ellenbarrie Industrial Gases IPO Allotment Date & Listing Date The allotment is expected to be finalised today, Friday, June 27. Its listing is scheduled to take place on July 1 on both BSE and NSE. Ellenbarrie Industrial Gases IPO: More Info The Rs 852-crore initial public offer of Ellenbarrie Industrial Gases Ltd was open for public subscription between June 24 and June 26. It received a 22.19 times subscription on the last day of bidding on Thursday. The three-day IPO received bids for 33,52,79,311 shares, as against 1,51,08,983 shares on offer, as per NSE data. Qualified Institutional Buyers (QIBs) quota received 64.23 times subscription, while the category for non-institutional investors got subscribed 15.21 times. The portion for Retail Individual Investors (RIIs) fetched 2.14 times subscription. Ellenbarrie Industrial Gases has raised Rs 256 crore from anchor investors. The Rs 852-crore IPO has a price band of Rs 380-400 per share. The initial public offer (IPO) is a combination of a fresh issue of shares worth Rs 400 crore and an offer-for-sale (OFS) of 1.13 crore shares valued at Rs 452.53 crore at the upper-end of the price band by promoters – Padam Kumar Agarwala and Varun Agarwal. This aggregates the issue size to Rs 852.53 crore. Proceeds from the fresh issue to the extent of Rs 210 crore will be used for payment of debt, Rs 104.50 crore to set up an air separation unit at its Uluberia-II plant in West Bengal, and a portion will be used for general corporate purposes. Ellenbarrie manufactures and supplies industrial gases, dry ice, synthetic air, fire-fighting gases, medical oxygen, liquid petroleum gas, welding mixtures, and speciality gases catering to a wide range of industries. The shares will be listed on the BSE and NSE. Motilal Oswal Investment Advisors, IIFL Capital Services, and JM Financial are the book running lead managers to the issue. Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! tags : initial public offering (IPO) IPO Location : New Delhi, India, India First Published: June 27, 2025, 11:18 IST News business » ipo Ellenbarrie Industrial Gases IPO Allotment Today: A Step-By-Step Guide To Check Status Online, Know Latest GMP
News18
26-06-2025
- Business
- News18
Ellenbarrie Industrial Gases IPO Closes Today: Check Subscription Status, GMP Today
Last Updated: The GMP of the Ellenbarrie Industrial Gases IPO currently stands at 4.75%, indicating flat listing or small gains for investors. Ellenbarrie Industrial Gases IPO: The initial public offering (IPO) of Ellenbarrie Industrial Gases Ltd is going to be closed today, Thursday, June 26. The issue has received a muted response amid subdued GMP. Till 11:58 am on the final day of bidding on Thursday, the Rs 852.53-crore IPO received a 0.85 times subscription, garnering bids for 1,26,33,354 shares as against the 1,26,33,354 shares on offer. The retail and NII participation stood at 0.58 times and 1.85 times, respectively. Its qualified institutional buyer (QIB) category got a 0.56 times subscription. Ellenbarrie Industrial Gases IPO Lot Size & Price Investors need to apply for a minimum of 37 shares or in multiple of that thereof. The price band of the IPO is in the range of Rs 380 to Rs 400 per share. Based on that, the minimum investment required to apply for the IPO is Rs 14,800. Ellenbarrie Industrial Gases IPO Key Dates The IPO was opened on June 24 and will be closed on June 26. Its allotment will be finalised on June 27, while listing will take place on both BSE and NSE on July 1. According to market observers, the GMP of the IPO currently stands at 4.75%, indicating flat listing or small gains for investors. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. The initial public offer (IPO) is a combination of a fresh issue of shares worth Rs 400 crore and an offer for sale (OFS) of 1.13 crore shares valued at Rs 452.53 crore at the upper end of the price band by promoters – Padam Kumar Agarwala and Varun Agarwal. This aggregates the issue size to Rs 852.53 crore. Proceeds from the fresh issue to the extent of Rs 210 crore will be used for payment of debt, Rs 104.50 crore to set up an air separation unit at its Uluberia-II plant in West Bengal, and a portion will be used for general corporate purposes. Ellenbarrie Industrial Gases has raised Rs 256 crore from anchor investors. Ellenbarrie manufactures and supplies industrial gases, dry ice, synthetic air, fire-fighting gases, medical oxygen, liquid petroleum gas, welding mixtures, and speciality gases catering to a wide range of industries. The shares will be listed on the BSE and NSE. Motilal Oswal Investment Advisors, IIFL Capital Services, and JM Financial are the book-running lead managers to the issue.
