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 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.
Elin Electronics IPO Subscription Status Live ( 22 Dec 2022 | 05:12:00 PM )
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