Elfin Agro India Limited
ListedSMEConsumer Staples / Agriculture · BSE
Founded as an agro-processing company, Elfin Agro India Limited is engaged in the manufacturing and sale of wheat-based flour products and edible mustard oil, along with selective trading of agro commodities based on market conditions. Its product portfolio includes Chakki Atta, R Atta, Tandoori Atta, Sooji, Maida, and Yellow Mustard Oil, with wheat flour products marketed under the brands “Shiv Nandi” and “ELFIN’S Shri Shyam BHOG,” and mustard oil sold under the “Shiv Nandi” brand. In addition to manufacturing, the company trades products such as chana, maize, soybean refined oil, rice bran refined oil, wheat, cattle feed, and groundnut oil. Elfin Agro operates two manufacturing units in Bhilwara, Rajasthan, and has built a distribution network across eight states—Gujarat, Haryana, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Uttar Pradesh, and Uttarakhand—along with two Union Territories, Chandigarh and Delhi.
Price Band
₹47
Issue Size
₹532.50 L Cr
Lot Size
3000 shares
GMP
—
Est. Listing
₹47
at current GMP
Subscribed
1.40x
overall
Open
5 Mar 2026
Close
9 Mar 2026
Allotment
10 Mar 2026
Refund
11 Mar 2026
Demat Credit
12 Mar 2026
Listing
12 Mar 2026
Last updated 4 months ago
Overall Subscription
1.40x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
2.22x
High Net-Worth
Retail (RII)
0.59x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 2,520,000 | 5,598,000 | 2.22x |
| RETAIL | 2,538,000 | 1,488,000 | 0.59x |
| Total | 5,058,000 | 7,086,000 | 1.40x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 1 | 0.00x |
| NIB | — | 99 | 0.00x |
| RETAIL | 423 | 245 | 0.58x |
| HNIs (2-10L) | 280 | 96 | 0.34x |
| Total Applications | 703 | 441 | 0.63x |
Day-Wise Subscription Progress
About Elfin Agro India Limited Public Issue & Market Profile
Elfin Agro India Limited is bringing an initial public offering (IPO) in the Consumer Staples / Agriculture sector with an aggregate issue size of ₹53,25,000 Crores. The shares are offered at a price band of ₹47 to ₹47 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,41,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-03-12, while un-allotted funds or UPI block mandates will be released on 2026-03-11.
Frequently Asked Questions
What is the issue size and price band for Elfin Agro India Limited IPO?
The Elfin Agro India Limited IPO aggregate issue size is ₹53,25,000 Crores with an equity price band set at ₹47 to ₹47 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,41,000.
How can I check Elfin Agro India Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Elfin Agro India Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2026-03-10.