Elfin Agro India IPO

Elfin Agro India is a BSE SME IPO is priced at ₹47 per share with an issue size of ₹25.03 crore. The IPO opens on Mar 5, 2026 and closes on Mar 9, 2026, with a lot size of 3000 shares and a minimum investment of ₹2,82,000.

Elfin Agro India Limited IPO

BSE SME Live
₹2,82,000 (6000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Mar 5, 2026 – Mar 9, 2026
Price band
₹47 per equity share
Minimum Investment
₹2,82,000
Issue size
₹25.03 Cr
Lot size
3000
Allotment Date
Mar 10, 2026
Listing
Mar 12, 2026
Listing At
BSE SME

IPO timeline

  1. Mar 5, 2026

    Open Date

    Completed

  2. Mar 9, 2026

    Close Date

    Completed

  3. Mar 10, 2026

    Allotment Date

    Completed

  4. Mar 12, 2026

    Listing Date

    Completed

Elfin Agro India IPO Live Subscription Details

View Subscription Details
Individual 0.18x
NIIs 1.14x
Individual 0.18x
Total 0.66x

Elfin Agro India IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Elfin Agro India IPO Essentials

Elfin Agro India IPO Details

Elfin Agro India IPO is priced at ₹47 per share with a total issue size of 25.03 crore. The IPO has a lot size of 3000 shares and will be listed on BSE SME.

Issue price
₹47 per equity share
Lot size
3000 shares
Face value
₹5 Per Equity Share
Issue size
53,25,000 shares(agg. up to ₹25.03 Cr)
Total issue size
53,25,000 shares
(aggregating up to ₹25.03 crore)
Fresh issue
53,25,000 shares
(aggregating up to ₹25.03 crore)
Listing at
BSE SME
Listing date
Registrar
Cameo Corporate Services Ltd.
Lead manager
Finshore Management Services Ltd.

Market Lot Size

Investors can bid for a minimum of 6000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual (min) 2 6000 ₹2,82,000
Individual(max) 2 6000 ₹2,82,000
sHNI(min) 3 9000 ₹4,23,000

Elfin Agro India IPO Documents

Elfin Agro India IPO Reservation

Elfin Agro India IPO reservation details show category-wise allocation of shares. Out of the total 5325000 shares, approximately 47.32% for NII, 47.66% for retail investors, and 5.01% for market maker.

Investor Category Shares Offered Maximum Allottees
Market Maker Shares Offered 267000 (5.01%)
NII (HNI) Shares Offered 2520000 (47.32%) 280
Individual Shares Offered 2538000 (47.66%) 423
Total Shares Offered 5325000 (100%)

Elfin Agro India IPO Analytics

Elfin Agro India IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Elfin Agro India IPO Subscription Status

Elfin Agro India IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 0.66x, indicating low demand across investor categories.

As on QIB / NII Individual Total
Shares Offered / Reserved 25,20,000 25,38,000 50,58,000
Day 1 05-03-26 05:00 PM
(0.81) x 0.13 x 0.47 x

Elfin Agro India Valuations

Earnings

EPS Pre IPO
₹3.60/-
EPS Post IPO
₹2.73/-
P/E Pre IPO
13.05
P/E Post IPO
17.20

Returns

ROE
36.86%
ROCE
47.93%
RoNW
36.86%
PAT Margin
3.48%

Fundamentals

Debt / Equity
0.88
Price / Book
4.81
Market Cap
91.30 Cr.

Data sourced from DRHP / RHP • For educational purposes only

Elfin Agro India Financials( In Crs.)

31-Dec-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 42.39 33.44 24.69 20.90
Revenue 117.72 146.44 124.71 101.45
Profit After Tax 3.98 5.08 3.68 1.81
Net Worth 17.76 13.78 8.70 5.02
Reserves & Surplus 10.71 6.73 7.29 3.61
Total Borrowing 12.69 12.19 7.60 7.23

Elfin Agro India Company & Offer Insights

About Elfin Agro India

Elfin Agro India Limited is primarily engaged in the business of manufacturing of Chakki Atta (High fibre whole wheat flour), R Atta (Refined whole wheat flour), Tandoori Atta (Specialized flour), Sooji (Semolina flour), Maida (Refined Flour), and Yellow Mustard Oil.
Company sell processed wheat flour products under our brand name ‘Shiv Nandi’ and ‘ELFIN’S Shri Shyam BHOG’ to wholesalers and retailers in the states of Rajasthan, Uttar Pradesh, Gujarat, etc.The company also engaged in the business of extraction, filtering, and manufacturing of edible mustard oil from raw mustard seeds, which are used to manufacture edible mustard oil. Edible mustard oil is sold under our brand name ‘Shiv Nandi’.Thye also trade in certain agro products such as Chana, Maize, Soyabean Refined Oil, Rice Bran Refined Oil, Wheat, cattle feed, Groundnut Oil, etc., depending on the prevailing market conditions.
They have two manufacturing units at Bhilwara in the State of Rajasthan.
The Company list spans 8 states including Gujarat, Haryana, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Uttar Pradesh, and Uttarakhand, along with 2 Union Territories including Chandigarh and Delhi.

Elfin Agro India Promoter(s)

Mr. Vimal Kumar Daga, Mr. Deepak Pal Daga, Mrs. Seema Daga, Mrs. Neetu Daga, M/s. Vimal Kumar Ayush Pal Daga HUF, M/s. Vimal Kumar Deepak Pal Daga HUF and M/s. Deepak Pal Harsh Kumar Daga HUF are the company's promoters of Elfin Agro India.

Elfin Agro India IPO Issue Objectives

Working Capital Requirements
General Corporate Expenses

Contact Information

Contact Details

Elfin Agro India

+91 7976780728

cs@elfinagroindia.com

https://www.elfinagroindia.com/

F - 250-251-252-253, RIICO, Growth Centre, Swaroopganj, Hamirgarh, Bhilwara, Rajasthan, 311025

Registrar Contact Details

Cameo Corporate Services Limited

+91-44-28460390

ipo@cameoindia.com

https://ipo.cameoindia.com/

Frequently Asked Questions

Click any question to reveal the answer

Elfin Agro India IPO is a Fixed Priced IPO worth ₹25.03 crore. The issue price is ₹47 per share (fixed price). The IPO opens on Mar 5, 2026 and closes on Mar 9, 2026. It will be listed on BSE SME Platform. Cameo Corporate Services Ltd. is the registrar.

The issue price of Elfin Agro India IPO is ₹47 per share (fixed price).

The lot size of Elfin Agro India IPO is 3000 shares.

The minimum investment for Elfin Agro India IPO is approximately ₹2,82,000 based on the issue price .

Elfin Agro India IPO opens on Mar 5, 2026 and closes on Mar 9, 2026.

The allotment date of Elfin Agro India IPO is Mar 10, 2026.

Elfin Agro India IPO is expected to be listed on Mar 12, 2026, on BSE SME Platform.

The Grey market premium (GMP) for Elfin Agro India IPO indicates market sentiment and potential listing expectations based on unofficial trading activity.

Elfin Agro India IPO valuation snapshot: P/E 17.20, EPS ₹2.73/-, P/B 4.81, RoNW 36.86%, and market cap 91.30 Cr.

To apply for Elfin Agro India IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Elfin Agro India IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Elfin Agro India IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Elfin Agro India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Elfin Agro India IPO allotment status on IPO Ji for quick and easy access.