Elin Electronics Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹234 - ₹247
- Lot size
- 60 shares
- Issue amount
- ₹475 cr
- Total subscription
- 3.09×
- Opens
- 20 Dec 2022
- Closes
- 22 Dec 2022
- Allotment
- 27 Dec 2022
- Listing
- 30 Dec 2022
Offer at a glance
Issue overview
- Issue size
- —
- Face value
- ₹5 per share
- Minimum investment
- ₹14,040
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹300 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,820
- Issue type
- Bookbuilding IPO
- Shares before issue
- 4,25,74,200
- Shares after issue
- 4,96,59,220
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 60 | ₹14,820 |
| sHNI | 14 | 840 | ₹2,07,480 |
| bHNI | 68 | 4,080 | ₹10,07,760 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 0 |
| ROE | 0 |
| ROCE | 0 |
| RONW | 0 |
| PRE IPO(PE) | 29.69 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 1969, Elin Electronics Limited is a leading electronics manufacturing services (EMS) provider in India, offering end-to-end product solutions for major brands in lighting, fans, small/kitchen appliances, and fractional horsepower motors under OEM and ODM models. The company’s diverse portfolio includes LED lighting, fans, switches, irons, toasters, hand blenders, mixer grinders, and other electronic products. With three manufacturing facilities in Ghaziabad, Baddi, and Verna, and a centralized R&D center in Ghaziabad, Elin focuses on design, development, and testing. The company served 297–387 customers annually between FY2020–2022, generating revenues of Rs 7,855.84 million, Rs 8,623.78 million, and Rs 10,937.54 million, with Rs 6,044.57 million in the six months ending September 2022.
Promoters
Mangi Lall Sethia, Kamal Sethia
Kishore Sethia, Gaurav Sethia
Sanjeev Sethia
Sumit Sethia
Suman Sethia
Vasudha Sethia
Vinay Kumar Sethia
Registrar & documents
Lead manager
Axis Capital Limited, JM Financial Limited, Jm Financial Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
143, Cotton Street, Kolkata – 700 007, West Bengal, India
+91 011 43000400
[email protected]Company website ↗Understanding ELIN IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.