The Ellenbarrie Industrial Gases Limited IPO is opening on 24 June 2025 and will close on 26 June 2025. This is a mainboard IPO raising ₹852.53 crore from a mix of fresh issue of 1 crore shares amounting to ₹400 crore and offer for sale (OFS) of ₹1.13 crore shares amounting to ₹452.53 crore.
The Ellenbarrie Industrial Gases IPO allotment date will be decided on Friday, 27 June 2025. Ellenbarrie Industrial Gases shares will be tentatively listed on BSE and NSE on Tuesday, 1 July 2025.
The Ellenbarrie Industrial Gases price band has been set between ₹380 and ₹400 per share. The lot size decided for the IPO is 37 shares, which makes the minimum investment for the retail investors ₹14060. However, to avoid the oversubscription rush, it is better to bid at the cutoff price, which makes the minimum investment as ₹14800. For sNII, the minimum subscription is 14 lots, which amounts to ₹207200, and for bNII it is 68, amounting to ₹1006400.
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Ellenbarrie Industrial Gases BSE NSE IPO Details
| Detail | Information |
| IPO Opening Date | June 24, 2025 |
| IPO Closing Date | June 26, 2025 |
| Tentative IPO Listing Date | July 1, 2025 |
| Face Value | ₹2 per share |
| Price Range | ₹380 to ₹400 per share |
| Lot Size | 37 shares |
| Total Issue Size | 21313130 Shares (₹852.53 Cr.) |
| Fresh Issue | 10000000 Shares (₹400 Cr.) |
| OFS | 11313130 Shares (₹452.53 Cr.) |
| IPO Segment | Book Building IPO |
| Listing At | BSE & NSE |
| Shareholding Pre-Issue | 130935600 shares |
| Shareholding post-issue | 140935600 shares |
Ellenbarrie Industrial Gases Limited | Company Overview
Ellenbarrie Industrial Gases Limited was started in 1973 and specializes in the manufacturing and supply of medical, industrial, and specialty gases. It is one of the Indian companies working in this domain, offering gas supply such as –
- Oxygen
- Acetylene
- Carbon dioxide
- Helium
- Argon
- Hydrogen
- Nitrogen
- Nitrous oxide
It also offers –
- Dry ice
- Synthetic air
- Fire-fighting gases
- Medical oxygen
- Liquid petroleum gas (LPG)
- Welding mixtures
- Specialty gases
- Other industrial gases
Apart from the gases, it also offers services such as –
- Engineering services
- Leveraging technical expertise, designing, installing, and commissioning tonnage of air separation units
- Medical gas pipeline solution
- Installation, operating, and maintaining the systems of healthcare facilities
Apart from these, it also supplies –
- Anesthesia Workstations
- Spirometers
- Ventilators
- Monitors
- Lung diffusion testing machines
The industries it serves include –
| Industries | Main Clients/ Partners |
| Steel | Jairaj Ispat Limited, Rastriya Ispat Nigam Limited |
| Pharmaceuticals & Chemicals | Dr. Reddy’s Laboratories Limited, Laurus Labs Limited |
| Healthcare | AIIMS, West Bengal Medical Services Corporation Limited, Chittaranjan National Cancer |
| Engineering & Infrastructure | GMM Pfaudler Limited, Air India Engineering Services Limited |
| Railways, Aviation, and Space | Railway Workshops, Jupiter Wagons, Space Research Organisation |
| Petrochemicals | Major Oil Companies |
| Defence | Hindustan Shipyard Limited |
Ellenbarrie Industrial Gases has eight manufacturing units across the country –
- 4 in West Bengal
- 2 in Andhra Pradesh
- 1 in Telengane
- 1 in Chhattisgarh
Ellenbarrie Industrial Gases Limited IPO | Key Details
- Ellenbarrie Industrial Gases IPO Opening Date: June 24, 2025,
- Ellenbarrie Industrial Gases IPO Closing Date: June 26, 2025.
- Allotment Date: June 27, 2025
- Price Band: ₹380 to ₹400 per share
- Lot Size: 37 shares
- Refunds Initiated: June 30, 2025
- Shares Credited to Demat: June 30, 2025
- Listing Date: July 1, 2025
Ellenbarrie Industrial Gases Ltd: Financial Overview
Ellenbarrie Industrial Gases Limited’s profits surged by 83.9%, from a 20% rise in revenue in FY25.
Here are the details of the financials of the firm –
Amounts in ₹ Crore
| Financial Information | 31-Mar-25 | 31-Mar-24 | Change | Change (%) |
| Assets | 845.97 | 672.54 | 173.43 | 25.78731377 |
| Revenue | 348.43 | 290.2 | 58.23 | 20.06547209 |
| Profit After Tax | 83.29 | 45.29 | 38 | 83.90373151 |
| EBITDA | 109.74 | 61.53 | 48.21 | 78.3520234 |
| Net Worth | 333.62 | 250.15 | 83.47 | 33.36797921 |
| Reserves and Surplus | 467.17 | 403.35 | 63.82 | 15.82248667 |
| Total Borrowing | 245.3 | 176.9 | 68.4 | 38.66591295 |
Ellenbarrie Industrial Gases Ltd IPO | FAQs
Ellenbarrie Industrial Gases Ltd is engaged in the production and supply of medical, industrial, and specialty gases.
The tentative IPO listing date of Ellenbarrie Industrial Gases has been fixed as Tuesday, 1 July 2025.
The bidding date for the Ellenbarrie Industrial Gases IPO is June 24, 2025, and it will continue until June 26, 2025.
The minimum IPO lot size for Ellenbarrie Industrial Gases is 37 shares, for sNII, it is 14 lots, and for bNII, it is 68.
The IPO allotment is expected to be finalized on Friday, June 27, 2025.
The IPO face value is set at ₹2 per share.
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