
Manufacturing · NSE / BSE
Established in 1973, EIGL is a well-known Indian company specializing in the production and supply of a wide range of industrial, medical, and specialty gases such as oxygen, nitrogen, carbon dioxide, acetylene, argon, helium, hydrogen, and nitrous oxide. It also provides products like dry ice, synthetic air, LPG, welding gas mixtures, and gases used in medical applications. The company offers turnkey solutions for setting up air separation units, installs and maintains medical gas pipelines, and supplies essential medical equipment including ventilators, anesthesia machines, and patient monitors. EIGL serves different types of customers through bulk deliveries using cryogenic tankers, packaged gas cylinders, and onsite gas supply systems with operation and maintenance support. Its services are widely used across various industries such as steel, pharmaceuticals, chemicals, healthcare, engineering, railways, aviation, petrochemicals, and defense. Notable clients include Dr. Reddy’s, AIIMS, Laurus Labs, and Rashtriya Ispat Nigam. As of FY24, the company served 1,836 customers, including 295 bulk clients with average contract durations of five years. EIGL operates eight production plants located in West Bengal, Andhra Pradesh, Telangana, and Chhattisgarh, and has a workforce of 250 permanent and 67 contractual employees.
Price Band
₹380 – ₹400
Issue Size
₹853 Cr
Lot Size
37 shares
GMP
+16.4%
Est. Listing
₹465.5
at current GMP
Subscribed
22.47x
overall
Open
24 Jun 2025
Close
26 Jun 2025
Allotment
27 Jun 2025
Refund
28 Jun 2025
Demat Credit
29 Jun 2025
Listing
1 Jul 2025