Eldeco Infrastructure And Properties Limited IPO

Eldeco Infrastructure And Properties Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

₹

Total Issue

₹1,000.00 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Website DRHP

Business Overview

Eldeco is an established real estate developer in North India with a strong presence in the Delhi-NCR region and tier II and tier III cities, having completed and undertaken projects across more than 20 cities in India since 2000 (Source: C&W Report). With a legacy of over 25 years, the Company has delivered residential townships, low-rise apartments and group housing projects aggregating to over 50 million square feet across 86 projects as of March 31, 2025. As on the same date, Eldeco had 19 ongoing projects with a saleable area of 7.24 million square feet and 18 forthcoming projects with a saleable area of 7.37 million square feet across 14 cities. The Company has also forayed into commercial real estate development and has established a footprint in Delhi through landmark developments such as Eldeco Centre, a Grade A office and retail hub.

Objects of Issue

  1. Prepayment or scheduled repayment of outstanding borrowings, including secured NCDs, of material subsidiary Eldeco Infracon Realtors Limited
  2. General corporate purposes

Financials

(Rs. in crores)

Financial Performance Metrics for Eldeco IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue 694.98 240.73 287.76
PAT -63.76 10.11 -20.63
Net Worth 382.12 449.43 443.09
Borrowings 1,785.25 991.88 796.76
Assets 3,755.40 2,557.90 2,009.45
NAV (₹) 58.83 69.20 68.22
EPS (₹) -10.00 1.10 -3.24

KPIs

EBITDA

16.44%

PAT

-9.17%

Net Debt to Equity

4.05

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

100.00%

Public

0.00%

Pankaj Bajaj 51.0%
Bandana Kohli 49.0%

Management

Pankaj Bajaj Chairman & MD
Manish Jaiswal CEO
Rajiv Khurana CFO

Registrar & Lead Managers

Registrar

KFin Technologies

KFin Technologies

Frequently Asked Questions

What is Eldeco IPO?
Eldeco IPO is a Mainboard IPO having an issue size of ₹1,000.00 Crs. Eldeco IPO is priced at ₹ - ₹ per share. The issue opens on 23 Apr 26 and closes on 23 Apr 26.
When will Eldeco IPO open?
Eldeco IPO opens on 23 Apr 26 and closes on 23 Apr 26.
What is the GMP of Eldeco IPO?
The estimated Grey Market Premium of Eldeco IPO is ₹0 per share (-).
What is the lot size of Eldeco IPO?
The minimum lot size of Eldeco IPO is shares & the minimum application amount is Rs. 0.
When is the allotment of Eldeco IPO?
The allotment date of Eldeco IPO is 23 Apr 26.
What is the listing date of Eldeco IPO?
The listing date of Eldeco IPO is 23 Apr 26.
What is the subscription of Eldeco IPO?
Eldeco IPO is subscribed -.
What is the price band of Eldeco IPO?
Eldeco IPO is priced at ₹ - ₹ per share.
How to check allotment status of Eldeco IPO?
Click the allotment link on Eldeco IPO page of IPO360.
How to apply Eldeco IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Eldeco IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Eldeco IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Eldeco IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date