Ellenbarrie Industrial Gases IPO Day 1: Check GMP, Subscription Status & Key Highlights
The bidding window for the Ellenbarrie Industrial Gases IPO is open today, June 24, and will conclude on June 26. The company has secured ₹256 crore from its anchor investors on June 23, 2025.
Ellenbarrie Industrial Gases IPO: Issue Details
Ellenbarrie Industrial Gases' IPO is a book-building issue of ₹852.53 crores, comprising a fresh issue of ₹400.00 crores and an offer for sale of ₹452.53 crores.
The price band is set between ₹380 and ₹400 per share. The basis of allotment will be finalised by June 27, 2025, and the tentative listing date on BSE and NSE is July 1, 2025.
Ellenbarrie Industrial Gases IPO Day 1 Subscription Status
[24-June-2025 5:00:00 PM]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers(QIBs) |
Nil |
|
Non-Institutional Investors |
0.05 |
|
Retail Individual Investors(RIIs) |
0.13 |
|
Total |
0.08 |
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Utilisation of IPO Proceeds
The net proceeds from the fresh will be used towards:
- Repayment/prepayment of the company’s outstanding borrowings
- Setting up of an air separation unit at the Uluberia-II plant
- General corporate purposes
Ellenbarrie Industrial Gases IPO GMP Details
As of 24 June 2025, Ellenbarrie Industrial Gases' IPO’s GMP stood at ₹7. The estimated listing price is ₹407, i.e., a 1.75% gain per share over the upper price band.
Source: Business Standard Report dated 24 June, 2025
Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market.