
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
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹400
Band: ₹380 – ₹400
Estimated Listing Price
₹465.5
Upper price + GMP
Lot Size
37 shares
Min investment ₹14,800
Estimated Profit / Lot
₹2,423.5
37 × ₹65.5
Grey Market Premium trend
+₹65.5
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹65.5 | 16.4% | ₹465.5 |
| 30 Oct 2026 | +₹65.5 | 16.4% | ₹465.5 |
| 29 Oct 2026 | +₹59 | 14.7% | ₹459 |
GMP is unofficial market data. Not a guarantee of listing performance.
Ellenbarrie Industrial Gases Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹852.53 Crores. The shares are offered at a price band of ₹380 to ₹400 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 37 shares (approx. ₹14,800 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 will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-06-29, while un-allotted funds or UPI block mandates will be released on 2025-06-28.
The latest grey market premium for Ellenbarrie Industrial Gases Limited IPO is ₹65.5, which indicates an expected listing price of ₹465.5.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.