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HomeIPOElfin Agro India

About Elfin Agro India

Elfin Agro India Limited is primarily engaged in the business of manufacturing of Chakki Atta (High fibre whole wheat flour), R Atta (Refined whole wheat flour), Tandoori Atta (Specialized flour), Sooji (Semolina flour), Maida (Refined Flour), and Yellow Mustard Oil. Company sell processed wheat flour products under our brand name ‘Shiv Nandi’ and ‘ELFIN’S Shri Shyam BHOG’ to wholesalers and retailers in the states of Rajasthan, Uttar Pradesh, Gujarat, etc.The company also engaged in the business of extraction, filtering, and manufacturing of edible mustard oil from raw mustard seeds, which are used to manufacture edible mustard oil. Edible mustard oil is sold under our brand name ‘Shiv Nandi’.Thye also trade in certain agro products such as Chana, Maize, Soyabean Refined Oil, Rice Bran Refined Oil, Wheat, cattle feed, Groundnut Oil, etc., depending on the prevailing market conditions. They have two manufacturing units at Bhilwara in the State of Rajasthan. The Company list spans 8 states including Gujarat, Haryana, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Uttar Pradesh, and Uttarakhand, along with 2 Union Territories including Chandigarh and Delhi.

Checklist Quality Analysis

Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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Elfin Agro India

Elfin Agro India

Open Date

Mar 5, 2026

Close Date

Mar 9, 2026

listed

Min Investment

₹2,82,000

Lot Size

3000 Shares

Issue Size

₹25.03 Cr

Price Range

₹47 - ₹47

Listing Date

Mar 12, 2026

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Elfin Agro India IPO - Issue Objectives

The company will utilise ₹19.33 crore for working capital requirement. The company will utilise ₹3.50 crore to meet general corporate purposes. The company will use ₹2.20 crore for issue expenses of the IPO.

Working capital

77.23%

General corporate purposes

13.98%

Issue expenses

8.79%

1

Working capital

The company will utilise ₹19.33 crore for working capital requirement.

77.23%
2

General corporate purposes

The company will utilise ₹3.50 crore to meet general corporate purposes.

13.98%
3

Issue expenses

The company will use ₹2.20 crore for issue expenses of the IPO.

8.79%

IPO Subscription Status

NII
2.22x
Total
1.41x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Elfin Agro India

In Cr.

Key Performance Indicator31-Dec-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue117.72146.44124.71101.45
EBITDA6.687.545.823.11
Expenses
Profit After Tax3.985.083.681.81
Assets42.3933.4424.6920.90
Net Worth17.7613.788.705.02
Reserves10.716.737.293.61
Borrowing12.6912.197.607.23

Contact Details

Elfin Agro India

F - 250-251-252-253, RIICO, Growth Centre, Swaroopganj, Hamirgarh, Bhilwara, Rajasthan, 311025

+917976780728
cs@elfinagroindia.com
https://www.elfinagroindia.com/

Registrar Contact Details

Cameo Corporate Services Ltd.

+91-44-28460390
ipo@cameoindia.com
https://ipo.cameoindia.com/

Elfin Agro India IPO - FAQs

Elfin Agro India IPO is a SME IPO. The issue is priced at 47. The minimum order quantity is 3000 Shares. The IPO opens on 5 Mar, and closes on 9 Mar. Cameo Corporate Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on SME.









IPO Timeline

  • Pre Apply2026-03-04
  • Bidding Starts2026-03-05
  • Bidding Ends2026-03-09
  • Allotment Finalisation2026-03-10
  • Release of Funds2026-03-11
  • Demat Transfer2026-03-11
  • Listing2026-03-12