Ellenbarrie Industrial Gases IPO Allotment Status: Check Latest GMP, Steps to Verify Status

Ellenbarrie Industrial Gases Ltd launched its IPO for public subscription on June 24, 2025. The bidding window for the IPO closed on June 26, 2025. The allotment process is expected to be finalised today, on June 27, 2025, and the company's shares are tentatively set to be listed on both the BSE and NSE on Tuesday, July 1, 2025.

Ellenbarrie Industrial Gases IPO Details

Ellenbarrie Industrial Gases Ltd IPO is a bookbuilding of ₹852.53 crores. The issue is a combination of fresh issue of 1.00 crore shares aggregating to ₹400.00 crores and offer for sale of 1.13 crore shares aggregating to ₹452.53 crores. Investors can apply with a minimum lot size of 37, requiring a minimum investment of ₹14,060. The issue price band is set at ₹380–₹400 per share.

Motilal Oswal Investment Advisors Limited, IIFL Capital Services Limited, JM Financial Limited are the book-running lead managers of the Ellenbarrie Industrial Gases IPO, while Kfin Technologies Limited is the registrar for the issue.

Know the procedure to check the allotment status on both NSE and BSE websites.

Steps to Check Ellenbarrie Industrial Gases IPO Allotment Status on NSE

Here is the process to check Ellenbarrie Industrial Gases IPO Allotment Status on NSE:

1. Open the Application Status page of NSE here. 
2. Choose 'Equity & SME IPO bid details'. 
3. Select 'Ellenbarrie Industrial Gases' from the list of companies. 
4. Enter your IPO application number and PAN details. 
5. Click on the submit button to check the details of the share allotment. 

Steps to Check Ellenbarrie Industrial Gases IPO Allotment Status on BSE 

Here is the process to check Ellenbarrie Industrial Gases IPO Allotment Status on BSE 

1. Open the Application Status page of BSE here. 
2. Choose 'equity' as the issue type. 
3. Select 'Ellenbarrie Industrial Gases’ from the list of companies. 
4. Enter your IPO application number and PAN details. 
5. Verify the captcha by clicking on the 'I am not a Robot' box. 
6. Click on the submit button to check the details of the share allotment.

Ellenbarrie Industrial Gases Day 3 Subscription Status

(June 26, 2025, 5 PM)

On Day 3, the Ellenbarrie Industrial Gases IPO was subscribed 17.37 times. The public issue subscribed 2.19 times in the retail category, 45.27 times in QIB, and 15.58 times in the NII category.

Utilization of IPO Proceeds

The company will utilise the net proceeds from the issue towards the following objects:

• Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company.
• Setting up of an air separation unit at the Uluberia-II plant with a capacity of 220 TPD.
• General corporate purposes.

Ellenbarrie Industrial Gases GMP Details

According to NDTV Profit, the Grey Market Premium (GMP) of Ellenbarrie Industrial Gases was ₹41 on on June 27, 2025, 07:55 a.m. If the current GMP trend continues, the company's shares will likely be listed at ₹441, indicating a 10.25% premium over the issue price of ₹400.

Ellenbarrie Industrial Gases Ltd Business Overview

Ellenbarrie Industrial Gases Ltd (EIGL), based in Kolkata, is one of India’s oldest and largest 100% Indian-owned manufacturers of industrial and medical gases. With over 50 years of operations, it boasts the country’s largest installed capacity in East and South India. It produces gases such as oxygen, nitrogen, argon, helium, hydrogen, carbon dioxide, and speciality blends via pipeline, liquid, and cylinder distribution systems.

In FY 2024, it delivered strong performance with a 31% increase in revenue to ₹269 Cr and a jump of 61% in net profit to ₹45 Cr.

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

To read the RA disclaimer, please click here