Elin Electronics IPO Details: Elin Electronics IPO date is not fixed yet, the IPO is to hit the market in December 2022 as per the market speculations. Elin Electronics IPO to raise around ₹760 crores via IPO that comprises fresh issue of ₹175 crores and offer for sale up to ₹585 crores of ₹5 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Elin Electronics Limited offers various products and services to its OEM customers. They are a one-stop solution provider, that offers Electronic Manufacturing Services, Universal Motors, Induction Motors, Design & Manufacturing of Tools/Moulds/Dies, Domestic Kitchen Appliances, Personal Care Products, Lighting Products & Automotive Components.
Elin is one of the leading electronics manufacturing services providers to major brands of lighting, fans, and small/ kitchen appliances in India. Elin has three manufacturing plants in that one is located at Ghaziabad (NCR), one in Baddi (HP) & one in Goa. The company is an ISO 9001, ISO 14001 & IATF 16949 certified company and a flagship company of Elin Group. The company is promoted by the “Sethia” family.
Elin is India’s largest Fractional Horse Power (FHP) Motors Manufacturer for Mixer Grinders, Juicer Mixer Grinders, Hand Blenders, Ventilation Fans, Table Pedestal Wall Fans, Kitchen Chimneys, Wet Grinders, Air Conditioners & Air Coolers (Synchronous Motors), Personal Fans, Room Heaters. Our company will be starting motor manufacturing very soon for Air conditioners – Indoor & Outdoor Motors, Nebulizer Motors, Motors/pumps for Water Purifiers, etc. They are the leading Fractional Horse Power (FHP) Motors Manufacturer and Supplier in India with 10 Million Motors annual capacity.
Important Details
- One of the leading electronics manufacturing services providers to major brands.
- India’s largest Fractional Horse Power (FHP) Motors Manufacturer and Supplier in India with 10 Million Motors annual capacity.
Elin Electronics IPO Review (Apply or Not)
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Elin Electronics IPO Date & Price Band Details
| IPO Open: | December, 2022 |
| IPO Close: | December, 2022 |
| IPO Size: | Approx ₹760 Crores |
| Fresh Issue: | Approx ₹175 Crores |
| Offer for Sale: | Approx ₹585 Crores |
| Face Value: | ₹5 Per Equity Share |
| IPO Price Band: | ₹[.] to ₹[.] Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Elin Electronics IPO Market Lot
The Elin Electronics IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | – | ₹- |
| Retail Maximum | 13 | – | ₹- |
| S-HNI Minimum | 14 | – | ₹- |
| B-HNI Minimum | 68 | – | ₹- |
Elin Electronics IPO Allotment & Listing Dates
The Elin Electronics IPO date is December 2022 and the close date is December 2022. The Elin Electronics IPO allotment will be finalized on December 2022 and the IPO listing on December 2022.
| Price Band Announcement: | December 2022 |
| Anchor Investors Allotment: | December 2022 |
| IPO Open Date: | December 2022 |
| IPO Close Date: | December 2022 |
| Basis of Allotment: | December 2022 |
| Refunds: | December 2022 |
| Credit to Demat Account: | December 2022 |
| Elin Electronics IPO Listing Date: | December 2022 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Elin Electronics IPO Form
How to apply for the Elin Electronics IPO? You can apply for Elin Electronics IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Elin Electronics IPO in the Invest section. The other option is you can apply for Elin Electronics IPO via IPO forms downloaded via NSE and BSE. Check out the Elin Electronics forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Elin Electronics Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹786 | ₹751 | ₹27.49 |
| 2021 | ₹865 | ₹817 | ₹38.86 |
| 2022 6M | ₹519 | ₹493 | ₹19.33 |
Elin Electronics IPO Valuation – FY2021
Check Elin Electronics IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹8.19 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 13.29% |
| Net Asset Value (NAV): | ₹64.22 per Equity Share |
Peer Group
- Dixon Technologies (India) Ltd
- Amber Enterprises India Limited
- Mangi Lall Sethia
- Kamal Sethia
- Kishore Sethia
- Gaurav Sethia
- Sanjeev Sethia
- Sumit Sethia
- Suman Sethia
- Vasudha Sethia
- Vinay Kumar Sethia
Elin Electronics IPO Registrar
KFin Technologies Private Limited
Selenium, Tower B, Plot No 31 and 32
Financial District, Nanakramguda, Serilingampally
Hyderabad, Rangareddi – 500032
Telangana, India
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Elin Electronics IPO Allotment Status Check
Check Elin Electronics IPO allotment status on KFintech website allotment URL. Click Here
Elin Electronics IPO Lead Managers
- Axis Capital Limited
- JM Financial Limited
Company Address
Elin Electronics Limited
143, Cotton Street, Kolkata – 700 007,
West Bengal, India
Tel: 033 22684329
E-mail: [email protected]
Website: www.elinindia.com
Elin Electronics IPO FAQs
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What is the Elin Electronics IPO Allotment Date?
Elin Electronics IPO allotment date is December, 2022.
What is the Elin Electronics IPO Listing Date?
Elin Electronics IPO listing date is December, 2022. The IPO is to list on BSE and NSE.
Note: The Elin Electronics IPO price band and date are not officially announced yet. The IPO grey market premium (Elin Electronics IPO Premium) will be added to the IPO grey market page as it will start).
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