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 Date & Price Band :
| IPO Open: | Dec 20, 2022 |
| IPO Close: | Dec 22, 2022 |
| IPO Size: | ₹475 Crores |
| Price Band: | ₹234 to ₹247 per share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% of the Offer |
| Equity: | –shares |
| Face Value: | ₹5 per share |
Elin Electronics IPO Market Lot:
- Shares: Minimum 60 shares
- Minimum Amount: ₹14,820
- Maximum Amount: ₹192,660
Elin Electronics IPO Allotment & Listing:
- Basis of Allotment: Dec 27, 2022 Advertisement
- Refunds: Dec 28, 2022
- Credit to Demat accounts: Dec 29, 2022
- Listing: Dec 30, 2022
Elin Electronics IPO Form Download:
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 Financial:
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 751 | 786 | 27.49 |
| 31-Mar-21 | 817 | 865 | 38.86 |
| 31-Mar-22 | 493 | 519 | 19.33 |
Peer Group
- Dixon Technologies (India) Ltd
- Amber Enterprises India Limited
Quick Links
Anchor Investors in Elin Electronics IPO
Objectives of the IPO
- Funding capital expenditure requirements for developing an R&D facility and expansion / setting up of manufacturing facilities.
- Funding long-term working capital requirements.
- General corporate purposes.
Elin Electronics IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: elinindia.ipo@kfintech.com
Website: https://karisma.kfintech.com/
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: cs@elinindia.com
Website: www.elinindia.com
Also Read-
Elin Electronics IPO Subscription (Live)
Elin Electronics IPO Grey Market Premium
What is Elin Electronics IPO Open Date for QIB, NII, and Retail?
Elin Electronics IPO will open on Dec 20, 2022.
Elin Electronics IPO Size?
Elin Electronics IPO size is Approx ₹475 Crores
Elin Electronics IPO Price Band?
Elin Electronics IPO Price Band is ₹234 to ₹247 per share
Elin Electronics IPO Minimum Lot Size?
The minimum bid is 60 Shares with a ₹14,820.
What is Elin Electronics IPO Allotment Date?
Elin Electronics IPO allotment date is Dec 27 , 2022
The Elin Electronics IPO IPO Listing Date?
Elin Electronics IPO listing date is Dec 30 , 2022. The IPO is to list on BSE and NSE.