Exchanges
BSE, NSE
Issue
Book building

Elin Electronics IPO

₹227.65

−7.83% on listing

Listing-day close · NSE · 30 Dec 2022 · issue price ₹247

Elin Electronics’ ₹475 crore IPO was priced at ₹247 a share. It listed on the NSE on 30 Dec 2022 and closed its first day at ₹227.65, down 7.83% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹475 Cr
Fresh issue
₹175 Cr
Offer for sale
₹300 Cr
Lot size
60 shares
Minimum investment
₹14,820
Face value
₹5
Registrar
Kfin Technologies

Subscription

Elin Electronics IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—2.56×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,227 Cr
ROE
13.85%
ROCE
15.82%
Debt to equity
0.32
EBITDA margin
7.31%
PAT margin
3.58%
Promoter holding
53.98% → 32.93%

From the offer documents.

Listing

Listing date
30 Dec 2022
Issue price
₹247
Open
₹244.00
High
₹245.00
Low
₹225.60
Close
₹227.65

Listing day on the NSE. The close was −7.83% on the issue price.

FAQs

When did the Elin Electronics IPO open and close?

It opened on 20 Dec 2022 and closed on 22 Dec 2022.

What was the Elin Electronics IPO price?

The price band was ₹234–247 a share. The final issue price was ₹247.

What is the lot size and minimum investment?

One lot is 60 shares, ₹14,820 at ₹247 a share. Retail investors apply in whole lots.

How much did Elin Electronics raise?

₹475 crore: ₹175 crore of new shares and ₹300 crore offered by existing shareholders.

How many times was the Elin Electronics IPO subscribed?

2.56 times overall.

How did Elin Electronics list?

It listed on the NSE on 30 Dec 2022 at ₹244.00 and closed the day at ₹227.65, down 7.83% on the ₹247 issue price.

Who is the registrar of the Elin Electronics IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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