Elin Electronics IPO Date, Review, Price, Form & Market Lot Details

The Elin Electronics IPO has begun on 20-Dec-2022. It will close on 22-Dec-2022. The Total IPO Size is 475 Crore. The company set its IPO price is 234-247 Rs Per Share. Basically, there are three basic categories in Elin Electronics IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail Individual Investors (RIIs).

Elin Electronicsis established in 1982.

Elin Electronics IPO:is a leading electronics manufacturing services (“EMS”) manufacturer of end-to end product solutions for major brands of lighting, fans, and small/ kitchen appliances in India, and are one of the largest fractional horsepower motors manufacturers in India.

key diversified product portfolio in EMS includes (i) LED lighting, fans and switches including lighting products, ceiling, fresh air and TPW fans, and modular switches and sockets; (ii) small appliances such as dry and steam irons, toasters, hand blenders, mixer grinders, hair dryer and hair straightener; (iii) fractional horsepower motors, which is used in mixer grinder, hand blender, wet grinder, chimney, air conditioner, heat convector, TPW fans etc.; and (iv) other miscellaneous products such as terminal block for air conditioners, stainless steel blade for mixer grinders, die casting, radio sets.

Read : Upcoming IPO

Industry Peers

1) Dixon Technologies (India) Ltd
2) Amber Enterprises India Limited

Elin Electronics IPO Promotors

1) Mangi Lall Sethia
2) Kamal Sethia
3) Kishore Sethia
4) Vinay Kumar Sethia
5) Gaurav Sethia
6) Sanjeev Sethia
7) Sumit Sethia
8) Suman Sethia
9) Vasudha Sethia

Elin Electronics IPO Date, Details & Price Band

IPO Opening Dates 20-Dec-2022
IPO Closing Dates 22-Dec-2022
Price Band 234-247 ₹
Offer For Sale 300 Crore
Fresh issue 175 Crore
Total size 475 Crore
Minimum bid (lot size) 60 Shares
Face Value 5 Rs share
QIB Allocation 50%
NII Allocation 15%
Retail Allocation 35%
Listing On NSE, BSE

Elin Electronics IPO Market Lot

The Elin Electronics IPO minimum market lot is 60 shares With 14,820 ₹ Amount per application.

Lot No of Shares Amount
Retail Minimum 1 60 14,820 Rs
Retail Maximum 13 780 1,92,660 Rs
S-HNI Minimum 14 840 2,07,480 Rs
Retail Maximum 68 4,080 10,07,760

Restated Financial Record of the three year (Amt. in Crore)

Total Assets Total Revenue Profit After Tax Earnings per equity share (Basic) Net asset value per Equity Share (₹)
31-Mar-22 532.61 1094.67 39.15 9.20 74.21
31-Mar-21 508.31 864.9 34.86 8.19
31-Mar-20 387.63 786.37 27.49 6.46

Elin Electronics IPO GMP & Grey Market Premium

Elin Electronics IPO GMP Grey market premium has been started today. Check Latest Elin Electronics IPO GMP, Kostak Rates and Subject to Sauda Price here.

Elin Electronics IPO Reviews

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Elin Electronics IPO DRHP & RHP

Elin Electronics IPO
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Elin Electronics IPO Allotment Date & Details

Allotment Date 27-December-2022
Initiation of refunds 28-December-2022
Transfer of shares to Demat accounts 29-December-2022
Listing Date 30-December-2022
Check Allotment Status Click here

Registrar of Elin Electronics

KFin Technologies Private Limited
Selenium Tower-B, Plot 31 & 32, Gachibowli
Financial District, Nanakramguda, Serilingampally,
Hyderabad 500 032, Telangana, India
Tel: +91 40 6716 2222
Fax: +91 40 2343 1551
Website: www.kfintech.com
Investor Grievance ID: [email protected]
Contact Person: M Murali Krishna
SEBI Registration Number.: INR00000021

Elin Electronics Contact Details

143, Cotton Street,
Kolkata – 700 007,
West Bengal, India;
Tel: 033 22684329
Tel: + 011 43000400
E-mail: [email protected];
Website: www.elinindia.com;
Corporate Identity Number: U29304WB1982PLC034725

Elin Electronics IPO Lead Managers

JM Financial Limited
Axis Capital Limited

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