The book building for Ellenbarrie Industrial Gases' IPO is ₹852.53 crores. A total of 1.13 crore shares, worth ₹452.53 crores, are being offered for sale in addition to a new issue of 1.00 crore shares, worth ₹400.00 crores. The subscription period for the Ellenbarrie Industrial Gases IPO begins on June 24, 2025, and ends on June 26 of the same year. On Friday, June 27, 2025, the allocation for the Ellenbarrie Industrial Gases IPO is anticipated to be finalized. The BSE and NSE will list Ellenbarrie Industrial Gases' initial public offering (IPO), with a preliminary listing date set for Tuesday, July 1, 2025.
The price range for Ellenbarrie Industrial Gases' first public offering is ₹380 to ₹400 per share. Applications must have a minimum lot size of 37. Retail investors are required to invest a minimum of ₹14,060. To avoid the oversubscription situation, however, it is advised that investors bid at the cutoff price, which is approximately ₹14,800. For bNII, the minimum lot size investment is 68 lots (2,516 shares), which is ₹10,06,400, and for sNII, it is 14 lots (518 shares), which is ₹2,07,200. The Ellenbarrie Industrial Gases IPO's book running lead managers are Motilal Oswal Investment Advisors Limited, IIFL Capital Services Limited, and Jm Financial Limited; the issue's registrar is Kfin Technologies Limited.
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Ellenbarrie Industrial Gases IPO Details
| IPO Open Date: | June 24, 2025 |
| IPO Close Date: | June 26, 2025 |
| Face Value: | ₹2 Per Equity Share |
| IPO Price Band: | ₹380 to ₹400 Per Share |
| Issue Size: | Approx ₹852.53 Crores |
| Fresh Issue: | Approx ₹400 Crores |
| Offer for Sale: | Approx 1,13,13,130 Equity Shares |
| Issue Type: | Book Build Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Ellenbarrie Industrial Gases IPO Market Lot
The Ellenbarrie Industrial Gases IPO minimum market lot is 37 shares with ₹14,800 application amount. The retail investors can apply up-to 13 lots with 481 shares of ₹1,92,400 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 37 | ₹14,800 |
| Retail Maximum | 13 | 481 | ₹1,92,400 |
| S-HNI Minimum | 14 | 518 | ₹2,07,200 |
| B-HNI Minimum | 68 | 2,516 | ₹10,06,400 |
About Ellenbarrie Industrial Gases IPO
Ellenbarrie Industrial Gases Limited (EIGL), founded in 1973, is one of the leading companies specializing in the production and supply of Industrial, medical, and specialty gases. They are one of the oldest industrial gas suppliers in India, offering a range of essential gases including oxygen, carbon dioxide, acetylene, nitrogen, helium, hydrogen, argon, and nitrous oxide. Additionally, the company is also engaged in providing dry ice, synthetic air, fire-fighting gases, medical oxygen, liquefied petroleum gas (LPG), welding mixtures, and specialty gases. The company offers project engineering services using technical expertise to design, engineer, supply, install, and commission tonnage air separation units (“ASUs”) on a turnkey basis. Moreover, Ellenbarrie Industrial also supplies medical equipment such as anaesthesia workstations, spirometers, ventilators, sterilizers, bedside monitors, and lung diffusion testing machines to healthcare facilities. The company includes 250 permanent and 67 contractual employees as of March 31, 2024
Ellenbarrie Industrial Gases Limited IPO (EIGL), an Indian corporation founded in 1973, specializes in the manufacturing and distribution of specialty, industrial, and medicinal gases. Essential gases like oxygen, carbon dioxide, acetylene, nitrogen, helium, hydrogen, argon, and nitrous oxide are supplied by the company. Serving a variety of sectors, EIGL also provides dry ice, synthetic air, firefighting gases, medical oxygen, liquefied petroleum gas (LPG), welding mixes, and specialized gases. Services: Using technical know-how, EIGL provides project engineering services for the turnkey design, installation, and commissioning of tons of air separation systems. Additionally, the business offers medical gas pipeline solutions, helping medical facilities set …
Industries Served
EIGL caters to several industries, including:
Steel – Supplying gases to leading steel manufacturers like Jairaj Ispat Limited and Rashtriya Ispat Nigam Limited.
Pharmaceuticals & Chemicals – Clients include Dr. Reddy's Laboratories Limited and Laurus Labs Limited.
Healthcare – Partnering with institutions like AIIMS, West Bengal Medical Services Corporation Limited, and Chittaranjan National Cancer Institute.
Engineering & Infrastructure – Serving companies like GMM Pfaudler Limited and Air India Engineering Services Limited.
Railways, Aviation & Space – Supplying gases to railway workshops, Jupiter Wagons Limited, and a space research organization.
Petrochemicals – Working with major oil marketing public sector companies.
Defence – Providing industrial gases to Hindustan Shipyard Limited.
Operations & Workforce
Customer Base: In Fiscal 2025, EIGL supplied products to 1,829 customers.
Manufacturing Facilities: EIGL operates eight facilities across India: four in West Bengal, two in Andhra Pradesh, one in Telangana, and one in Chhattisgarh.
Employees: As of March 31, 2025, EIGL employed 281 permanent and 85 contractual employees.