Elfin Agro GMP IPO Date, Review, Price, Allotment Details IPO

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Updated: 04 Mar 2026, 11:23 PM

Elfin Agro IPO Summary

IPO Open Date: 05 Mar 2026

IPO Close Date: 09 Mar 2026

Price Band: ₹47 Per Share

Issue Size: Approx ₹25.03 Crores

Listing Exchange: BSE SME

Website: https://www.elfinagroindia.com/

Elfin Agro IPO Overview

Elfin Agro IPO open date is March 5, 2026 and the IPO will close on March 9, 2026. Elfin Agro IPO is a Fixed Price Issue. The company to raise around ₹25.03 crores via IPO that comprises fresh issue of ₹25.03 crores and offer for sale up to [.] equity shares with face value of ₹5 each.

Elfin Agro IPO price band is ₹47 per share. The retail quota is 50%, QIB is 00%, and HNI is 50%. Elfin Agro IPO to list on BSE SME on March 12, 2026. The allotment of Elfin Agro IPO date is March 10, 2026.

The company reported revenue of ₹146.44 crores in 2025 against ₹124.71 crores in 2024. The company reported profit of ₹5.08 crores in 2025 against profit of ₹3.68 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

Elfin Agro IPO Details

Company Name Elfin Agro India Ltd
IPO Open Date 05 Mar 2026
IPO Close Date 09 Mar 2026
Face Value ₹5 Per Equity Share
Price Band ₹47 Per Share
Issue Size Approx ₹25.03 Crores
Fresh Issue Approx ₹25.03 Crores
Offer for Sale -
Issue Type Fixed Price Issue
Listing On BSE SME
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Elfin Agro IPO Review & Key Points

Neutral
Rating: (1/5)

Elfin Agro IPO Market Lot

The Elfin Agro IPO minimum market lot is 6,000 shares with ₹2,82,000 application amount.

Category Lot Size Shares Amount
Retail Minimum 2 6,000 ₹2,82,000
Retail Maximum 2 6,000 ₹2,82,000
S-HNI Minimum 3 9,000 ₹4,23,000

Elfin Agro IPO Reservation

Investor Category Shares Offered % of Issue
Anchor Investor – Shares -%
QIB (Ex. Anchor) – Shares -%
NII / HNI 25,20,000 Shares 47.32%
Retail 25,38,000 Shares 47.66%

Elfin Agro IPO Dates & Allotment

The Elfin Agro IPO date is March 5, and the close date is March 9. The Elfin Agro IPO allotment will be finalized on March 10 and the IPO listing on March 12.

IPO Opening Date 05 Mar 2026
IPO Closing Date 09 Mar 2026
Bidding Cutoff Time 5 PM
Basis of Allotment 10 Mar 2026
Refunds Initiation 11 Mar 2026
Credit to Demat 11 Mar 2026
IPO Listing Date 12 Mar 2026

Elfin Agro IPO Objects of the Issue & Utilization of Proceeds

Description Amount
Working Capital Requirements ₹19.33
General Corporate Purpose ₹3.50

Elfin Agro India Ltd Financials

Period Ended Revenue Expense PAT Assets
2023 ₹101.45 ₹98.26 ₹1.81 ₹20.90
2024 ₹124.71 ₹118.63 ₹3.68 ₹24.69
2025 ₹146.44 ₹138.31 ₹5.08 ₹33.44
Dec 2025 ₹117.72 ₹110.77 ₹3.98 ₹42.39

Elfin Agro IPO Valuation

Check Elfin Agro IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Parameter Value
Earnings Per Share (EPS) ₹3.60 (Basic)
P/E Ratio 13.05
Return on Equity (ROE) 36.86%
Return on Capital Employed (ROCE) 47.93%
Return on Net Worth (RoNW) 36.86%
Net Asset Value (NAV) ₹9.77
EBITDA Margin 5.17%
PAT Margin 3.48%
Debt to Equity Ratio 0.88

Elfin Agro IPO Peer Group Comparison

Company EPS P/E RoNW % NAV Total Income
Abram Food 9.05 11.05 38.62% 22.62 64.04 Cr.

Elfin Agro IPO Promoters & Holding Pattern

The promoters of the company are 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.

Particulars Shares % Share
Promoter Holding Pre Issue 1,41,00,000 100%
Promoter Holding Post Issue 1,94,25,000 72.59%

Elfin Agro IPO Lead Managers (Merchant Bankers)

  • Finshore Management Services Ltd.

About Elfin Agro India Ltd

Elfin Agro is a premier agribusiness enterprise dedicated to the production and distribution of high-quality agricultural commodities and processed foods. With a focus on sustainable sourcing and innovative processing techniques, the company bridges the gap between rural farmers and global markets. Their commitment to quality control and ethical supply chain management has established them as a trusted name in the agro-industrial sector.

Elfin Agro India Ltd Address

Bhilwara, Rajasthan, 311025
Phone: +91 7976780728
Email: [email protected]

Elfin Agro IPO Registrar

Cameo Corporate Services Ltd.
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/

Elfin Agro IPO FAQs

Elfin Agro IPO is SME IPO. The company is going to raise ₹25.03 Crores via IPO. The issue is priced at ₹47 per equity share. The IPO is to be listed on BSE.
The IPO is to open on March 5, 2026 for QIB, NII, and Retail Investors. The IPO will close on March 9, 2026.
The investors’ portion for QIB is 0%, NII is 50%, and Retail is 50%.
You can apply for Elfin Agro IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Elfin Agro IPO issue size is ₹25.03 crores.
Elfin Agro IPO Price Band is ₹47.
The minimum bid is 6,000 Shares with ₹2,82,000 amount.
Elfin Agro IPO allotment date is March 10, 2026.
Elfin Agro IPO listing date is March 12, 2026. The IPO is to list on BSE.