IPO Detail
Elfin Agro India Limited
SMENot investment advice. Read RHP before applying.
Price Band
₹47 – ₹47
GMP (Indicative)
—
Unofficial · not guaranteed
Lot Size
3000 shares
Status
Upcoming
Open Date
2026-03-05
Close Date
2026-03-09
Listing Date
2026-03-12
Min. Investment
₹1,41,000
Overview
About the Company
Elfin Agro India Limited is a food processing company based in Bhilwara, Rajasthan. It manufactures essential agro products including chakki atta, refined flours, sooji, and mustard oil, catering to a wide retail and wholesale consumer base across multiple regions.
New to IPO analysis? You may review our structured guides on how IPO allotment works and IPO subscription meaning to better understand demand and allocation mechanics.
Financials
Key Financial Metrics
EPS Pre IPO
3.6
EPS Post IPO
—
P/E Pre
—
P/E Post
—
ROCE
—
Debt / Equity
—
PAT Margin
—
Market Cap
—
Financial figures sourced from official offer documents. Always verify with the RHP.
Issue
IPO Issue Details
Issue Price
₹47 – ₹47
Face Value
₹5
Issue Size
25.03
Fresh Issue
23.77
Listing At
BSE SME
Lead Manager
Finshore Management Services Ltd.
Registrar
Cameo Corporate Services Ltd.
Lot Size
3000
For category-wise quota breakdown such as QIB, HNI, and Retail allocation, refer to our IPO quota structure explanation.
SME Specific
Market Maker Details
Market Maker Shares Offered
—
Market Maker Reservation (%)
—
Applicable only for SME IPOs where a market maker is appointed to provide liquidity post listing.
GMP (Grey Market Premium)
GMP Overview
—
Updated —
Issue price comparison unavailable
GMP is unofficial and indicative only. It does not guarantee listing price or returns.
GMP is unofficial and indicative. To understand interpretation logic and limitations, read our IPO Grey Market Guide or begin with what IPO GMP means.
Trend
GMP Trend
No GMP data yet. Updates will appear once available.
Investment
Market Lot Details
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 6000 | 282000 |
| Retail (Max) | — | — | — |
| sNII (Min) | — | — | — |
| bNII (Min) | — | — | — |
| sNII (Max) | — | — | — |
| bNII (Max) | — | — | — |
Investors can bid in multiples of the lot size. Final investment depends on the cutoff price.
Valuation
IPO Valuation Metrics
EPS Pre IPO
3.6
EPS Post IPO
—
P/E Pre
—
P/E Post
—
ROCE
—
Debt/Equity
—
RoNW
—
PAT Margin
—
Market Cap
—
Contacts
Company & Registrar Details
Company Address: F-250/251/252/253, RIICO Growth Centre, Swaroopganj, Hamirgarh, Bhilwara – 311025
Phone: +91-7976780728
Email: info@elfinagroindia.com
Website: https://www.elfinagroindia.com/
Registrar: Cameo Corporate Services Ltd.
Registrar Phone: +91-44-28460390
Registrar Email: ipo@cameoindia.com
Registrar Website: https://ipo.cameoindia.com/
Issue Summary
Objectives of Issue
The IPO funds will primarily be used to support working capital requirements and meet general corporate expenses to strengthen business operations.
Ownership
Promoter Holdings
Pre Issue
100%
Post Issue
72.59%
Allocation
Reservation Details
QIB
—
NII
47.32
RII
47.66
Employee
—
Documents
Important Links
Qualitative Factors
Strengths & Risks
Company Strengths
The company has a diversified food product range and established processing units, supported by consistent revenue growth. Its widespread market presence and allocation strategy support stronger investor participation.
Company Risks
The company faces risks from raw material cost fluctuations, geographic concentration of operations, reliance on a core set of products, and potential stock price volatility common in SME listings.
Schedule
Timeline
Open Date
2026-03-05
Close Date
2026-03-09
Allotment Date
2026-03-10
Refund Date
2026-03-11
Listing Date
2026-03-12
Legal Disclaimer
Information is sourced from publicly available exchange filings and company offer documents. GMP is unofficial and indicative. IPOCraft does not provide investment advice.
Subscription
Live Subscription Details
| Day | QIB | NII | sNII (< ₹10L) | bNII (> ₹10L) | Retail | Total |
|---|---|---|---|---|---|---|
| Latest | —x | —x | —x | —x | —x | —x |
Subscription Progress
Subscription data sourced from exchange updates. Values represent times subscribed (x).
Learn how subscription categories are allocated by reading our guide on QIB, HNI and Retail IPO quota structure.
If you are tracking GMP alongside subscription demand, see our grey market premium guide for a structured comparison framework.
Application
How to Apply
UPI Method (ASBA)
Log in to your broker's app or net banking, navigate to the IPO section, select this IPO, enter lot quantity, and authorise via UPI mandate. Funds are blocked, not debited, until allotment.
ASBA via Net Banking
Log in to your bank's net banking portal, go to the IPO / ASBA section, fill in the bid details, and submit. Your bank will block the required amount automatically.
Allotment & Refund
Allotment status is typically available within 6 days of the IPO close date. Refunds for unallotted bids are credited within 2 working days post allotment.
You may also review the complete IPO allotment process explanation to understand lottery mechanics and refund timelines.
Risk Disclosure
Investments in IPOs are subject to market risks. Grey Market Premium (GMP) is unofficial and indicative only — it does not guarantee listing price or returns. Read the official offer documents (DRHP / RHP) and consult a SEBI-registered financial advisor before applying. IPOCraft does not provide investment advice.
Research Before You Apply