Elin Electronics IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 475.00 Cr. The company is based in Kolkata and caters to Electric Equipments sector. Axis Capital , Jm Financial are the merchant bankers of Elin Electronics IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 17th November 2021.
Elin Electronics IPO open date is 20th December 2022 and close date is 22nd December 2022. IPO Allotment Date is 27th December 2022 and Listing date is 30th December 2022.Elin Electronics IPO size is ₹ 475.00 Cr. with IPO price of ₹ 247.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the Elin Electronics IPO. Kfin Technologies Limited is the Registrar for Elin Electronics IPO.
Elin Electronics IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Elin Electronics IPO, based in Kolkata, operates in the Electric Equipments sector with a focus on electronics manufacturing services. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Elin Electronics IPO size is ₹ 475.00 Cr. with fresh issue size of ₹ 175.00 Cr. and Offer for sale being ₹ 300.00Cr.
The IPO allotment date for Elin Electronics IPO is expected to be 27th December 2022, after the finalization of basis of allotment. Investors can check Elin Electronics IPO allotment status on the registrars website, Kfin Technologies Limited . Elin Electronics IPO refund dates are 28th December 2022.
Elin Electronics IPO is expected to be listed on 30th December 2022.
The upper price band for the Elin Electronics IPO is set at ₹ 247.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Elin Electronics IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Elin Electronics IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 22nd December 2022. After submission, funds are blocked until the basis of allotment of Elin Electronics IPO is finalised.
The merchant banker for Elin Electronics IPO is Axis Capital Limited , Jm Financial Limited . Axis Capital Limited , Jm Financial Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Elin Electronics IPO RHP for further details.
The registrar for Elin Electronics IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Elin Electronics IPO through their official website or helpline.
Elin Electronics IPO was subscribed 3.09 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Elin Electronics IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Elin Electronics Financial Review Page
Merchant Banker(s) of Elin Electronics IPO: Axis Capital Limited , Jm Financial Limited
Elin Electronics IPO subscription was 3.09 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Elin Electronics IPO listed at a listing price of 227.80 against the offer price of 247.00.
The current market price of Elin Electronics is 185.92.
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