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Elfin Agro India Limited IPO
Elfin Agro India Limited IPO

Elfin Agro India Limited IPO

Elfin Agro India is primarily engaged in the manufacturing of wheat-based flour products and edible oils. Its product portfolio includes Chakki Atta (high-fibre whole wheat flour), R Atta (refined whole wheat flour), Tandoori Atta, Sooji (semolina), Maida (refined flour) and yellow mustard oil. The Company operates two manufacturing units located in Bhilwara, Rajasthan, comprising a flour processing unit and a mustard oil processing unit. In addition to manufacturing, it undertakes trading of agro products such as chana, maize, wheat, soybean refined oil and groundnut oil based on market dynamics. Elfin Agro India caters to a diversified customer base including B2B clients, wholesalers, traders, retailers and individual consumers.

Price Band

₹47

Dates

05 Mar - 09 Mar

GMP

₹0 (0.00%)

Subscriptions

-

Issue Size

₹25.03 Crs

Elfin Agro India IPO Key Dates

Opening Date

05 Mar 26

Closing Date

09 Mar 26

Basis Of Allotment

10 Mar 26

Initiations Of Refund

11 Mar 26

Credit Of Shares

11 Mar 26

Listing Date

12 Mar 26

Elfin Agro India IPO Objects

  1. Working Capital Requirement
  2. General Corporate Expenses

Elfin Agro India IPO Details

Price Band

₹47

Listing At

BSE SME

IPO Issue Type

Fixed Price

Fresh Issue

₹25.03 Cr (0.53 Cr Shares)

Offer For Sale

₹0.00 (0.00 Shares)

Total Issue

₹25.03 Cr (0.53 Cr Shares)

Face Value

₹5 per equity share

Elfin Agro India IPO Lot Information

Investor Category Lot Shares Amount
Individual Investor
Minimum 2 6,000 2,82,000
Maximum 2 6,000 2,82,000
Others
Minimum 3 9,000 4,23,000

Elfin Agro India IPO GMP

The estimated Grey Market Premium of Elfin Agro India IPO is ₹0 per share (0.00%)

Category Allocation

Particulars Allocation
NII 50% of Net Offer
RETAIL 50% of Net Offer
Market Maker 2,67,000 EQ. Shares

Elfin Agro India IPO Financials

(Rs. in crores)

Particulars Dec-25 Mar-25 Mar-24 Mar-23
Revenue 117.48 145.86 124.46 101.39
PAT 3.98 5.08 3.68 1.81
Net Worth 17.76 13.78 8.70 5.02
Borrowings 12.69 12.19 7.60 7.23
Assets 42.39 33.44 24.69 20.90
NAV (₹) 12.60 9.77 61.70 35.63
EPS (₹) 2.82 3.60 26.08 12.82

The financial information presented is on a consolidated basis.

Key Performance Indicators

KPI VALUES
EBITDA 5.17%
PAT 3.48%
RONW 36.86%
ROCE 47.93%
Debt to Equity 0.88
PE Ratio 13.06
PB Ratio 4.81
Mkt Cap (in Crs.) 91.30
  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Elfin Agro India IPO Peer Comparision

(Rs. in crores)

Particulars Elfin Agro Abram Food
Revenue 145.86 64.04
PAT 5.08 3.26
EPS (₹) 3.60 9.05
NAV (₹) 9.77 22.62
RONW 36.86% 38.62%
EBITDA 5.17% 7.92%
PAT Mrgn 3.48% 5.08%
PE Ratio 13.06 11.05
Debt to Equity 0.88 0.85

All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of 13-02-2026 for Peers

Elfin Agro India IPO Peer Comparision

(Rs. in crores)

Particulars Elfin Agro
Revenue 145.86
PAT 5.08
EPS (₹) 3.60
NAV (₹) 9.77
RONW 36.86%
EBITDA 5.17%
PAT Mrgn 3.48%
PE Ratio 13.06
Debt to Equity 0.88
Abram Food
64.04
3.26
9.05
22.62
38.62%
7.92%
5.08%
11.05
0.85

All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of 13-02-2026 for Peers

Promoter Details

Name Shareholding
Deepak Daga 18.72%
Vimal Daga 18.65%
Seema Daga 18.65%
Neetu Daga 13.48%
Others 30.50%
Total 100.00%

Management Details

Name Designation
Deepak Daga MD
Ratan Bareth CFO

Company Details

Name: Elfin Agro India Limited

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

Number: +91 7976780728

Email: cs@elfinagroindia.com

Website: https://www.elfinagroindia.co

Book Running Lead Managers (BRLMs)

RTAs

Cameo Corporate Services
Cameo Corporate Services
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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Elfin Agro India IPO is a SME IPO having an issue size of Rs. ₹25.03 Crs. Elfin Agro India IPO is priced at ₹47 - ₹47 per share. The issue opens on 05 Mar 26 and closes on 09 Mar 26.

Elfin Agro India IPO opens on 05 Mar 26 and closes on 09 Mar 26.

The estimated Grey Market Premium of Elfin Agro India IPO is ₹0 per share (0.00%).

The minimum lot size of Elfin Agro India IPO is 3000 shares & the minimum application amount is Rs. 141000.

The allotment date of Elfin Agro India IPO is 10 Mar 26.

The listing date of Elfin Agro India IPO is 12 Mar 26.

Elfin Agro India IPO is subscribed -.

Elfin Agro India IPO is priced at ₹47 - ₹47 per share.

Click the allotment link on Elfin Agro India IPO page of IPO360.

  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

  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

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Elfin Agro India 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