Ellenbarrie Industrial Gases Ltd IPO
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Ellenbarrie Industrial Gases Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 213.13 L | ₹ 113.13 L | ₹ 74.6 L | ₹ 1,263.04 L | BSE | ₹ 852.53 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 24 Jun, 25 | 26 Jun, 25 | 37 | ₹ 14,060 | Book Building | 01 Jul, 25 |
Ellenbarrie Industrial Gases Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Chemicals |
| Sub Sector | NA |
| Issue Type | Book Building |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 25.25x | 10656565 | 269079281 |
| NII | 15.58x | 3196970 | 49812434 |
| Retail | 2.2x | 7459595 | 16392110 |
| Employee | 0x | 0 | 0 |
| Total | 15.73x | 21313130 | 335283825 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Ellenbarrie Industrial Gases Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 128.55 | 74.23 | 48.64 |
| EBITDA | 149.27 | 84.24 | 60.02 |
| PAT | 83.29 | 45.29 | 28.14 |
| Total Assets | 127.37 | 96.67 | 106.25 |
| Share Capital | 26.19 | 6.55 | 6.55 |
| Total Borrowings | 262.85 | 203.50 | 128.76 |
| Operating Activities (Net Cash) | 104.01 | 55.30 | 39.52 |
| Investing Activities (Net Cash) | 149.00 | 169.29 | 37.25 |
| Financing Activities (Net Cash) | 262.85 | 203.50 | 128.76 |
| Net Cashflow | 3.02 | 3.75 | 14.60 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Ellenbarrie Industrial Gases Ltd
The Company was incorporated as a public limited company under the Companies Act, 1956 as `Ellenbarrie Industrial Gases Limited', pursuant to a certificate of incorporation dated November 23, 1973 issued by the Registrar of Companies, Kolkata at West Bengal (RoC). The Company received a certificate for commencement of business issued by the RoC dated April 9, 1974. The Company was listed on the Calcutta Stock Exchange on May 3, 1976. Further, pursuant to the Board Resolution dated August 3, 2016 the company applied for voluntary delisting on August 3, 2016. Consequently, the Company was voluntarily delisted from Calcutta Stock Exchange, pursuant to the approval provided by the Calcutta Stock Exchange, on June 29, 2018, with effect from July 2, 2018.
The industrial gases industry in India encompasses the production and supply of gases such as oxygen, nitrogen, hydrogen, carbon dioxide, and argon, among others. These gases are critical to many industries, including electronics, steel, chemicals and fertilizer, manufacturing, healthcare, and food and beverage. The industrial gases industry is directly and significantly impacted by economic growth.
The Company manufactures and supplies industrial gases catering to a wide range of end-use industries. Its service offerings include project engineering services, and it also offers turnkey solutions involving medical gas pipeline systems. In addition, the company supplies products and medical equipment to healthcare facilities.
Peer Comparison:
- Ellenbarrie Industrial Gases Limited
- Linde India Limited
Ellenbarrie Industrial Gases Ltd IPO Key Points
Strengths
- Leading Manufacturer of Industrial Gases, Well Positioned to Capitalise on Industry Tailwinds
- Comprehensive Product Portfolio, Catering to Diverse End-use Industries
- Long-standing Customer Relationships Leading to Stable Cashflows
- Diversified Customer Base, Minimizing Concentration Risks
- Expansive operational and distribution capabilities across East and South India
Risk
- The company depends on its relationships with the company customers, and the loss of one or more of its key customers, or the deterioration of their financial condition or prospects, or a reduction in their demand for its products, could adversely affect its business, results of operations, cash flows and financial condition.
- Its business is dependent on the company facilities. Any unscheduled, unplanned or prolonged disruption of its facilities could adversely affect the company business, results of operations, cash flows and financial condition.
- Its business is dependent on the company facilities. Any unscheduled, unplanned or prolonged disruption of its facilities could adversely affect the company business, results of operations, cash flows and financial condition.
Strategy
- Expand our Portfolio of Gases, Particularly Speciality Gases, and Target Additional End-Use Industries
- Initiate Plant Manufacturing, Complementing our Project Engineering Capabilities
- Expand Our Manufacturing Capacity and Establish a Pan-India Presence
- Create a Healthy Mix of Merchant and Onsite Business
- Grow Through Strategic Acquisitions and Alliances
- Leading Manufacturer of Industrial Gases, Well Positioned to Capitalise on Industry Tailwinds
- Comprehensive Product Portfolio, Catering to Diverse End-use Industries
- Long-standing Customer Relationships Leading to Stable Cashflows
- Diversified Customer Base, Minimizing Concentration Risks
- Expansive operational and distribution capabilities across East and South India
How To Apply for Ellenbarrie Industrial Gases Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
