Elfin Agro India Limited IPO
Elfin Agro India Limited IPO
SME BSE SME Fixed Price
Closed

Price Band

₹47

Total Issue

₹25 Cr

Bid Dates

05 Mar - 09 Mar

Subscription

1.35x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Valuation

Market Cap

₹91.30 Cr

P/E Ratio

13.06x

P/B Ratio

4.81x

Elfin Agro India IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Elfin Agro India IPO Lot Size

Lot Information for Elfin Agro India IPO
Category Lots Shares Amount
Ind (Min) 2 6,000 ₹2,82,000
Ind (Max) 2 6,000 ₹2,82,000
Others (Min) 3 9,000 ₹4,23,000
Allocate Funds
Market Maker
2,67,000 EQ. Shares
Employee
₹0.00
Shareholder
₹0.00

Elfin Agro India IPO Size

Total ₹25.03 Cr
Fresh Issue
₹25 Cr (0.53 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. Working Capital Requirement
  2. General Corporate Expenses

Elfin Agro India IPO IPO Live Subscription

Updated as on 09 Mar 2026 | 06:59:25 PM

Elfin Agro India IPO IPO Subscription Status
Category Sub (x) Offered Bids
Individual Investor 0.59x 25,38,000 14,88,000
Others 2.13x 25,20,000 53,55,000
Total 1.35x 50,58,000 68,43,000

Elfin Agro India IPO IPO Details Live GMP

GMP ₹0
Est. Price ₹47
Est. Gain 0.00%

Elfin Agro India IPO Peer Comparison

(Rs. in crores)

Elfin Agro India IPO Peer Comparison Table
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 IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Elfin Agro India IPO
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

Key Performance Indicators (KPIs)

EBITDA

5.17%

PAT

3.48%

RONW

36.86%

ROCE

47.93%

Debt to Equity

0.88

  • 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%

Deepak Daga 18.72%
Vimal Daga 18.65%
Seema Daga 18.65%
Neetu Daga 13.48%
Others 30.50%

Management

Deepak Daga MD
Ratan Bareth CFO

Registrar & Lead Managers

Lead Managers (1)

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

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Frequently Asked Questions (FAQs)

What is Elfin Agro India IPO?
Elfin Agro India IPO is a SME IPO having an issue size of ₹25 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.
When will Elfin Agro India IPO open?
Elfin Agro India IPO opens on 05 Mar 26 and closes on 09 Mar 26.
What is the GMP of Elfin Agro India IPO?
The estimated Grey Market Premium of Elfin Agro India IPO is ₹0 per share (0.00%).
What is the lot size of Elfin Agro India IPO?
The minimum lot size of Elfin Agro India IPO is 3000 shares & the minimum application amount is Rs. 141000.
When is the allotment of Elfin Agro India IPO?
The allotment date of Elfin Agro India IPO is 10 Mar 26.
What is the listing date of Elfin Agro India IPO?
The listing date of Elfin Agro India IPO is 12 Mar 26.
What is the subscription of Elfin Agro India IPO?
Elfin Agro India IPO is subscribed -.
What is the price band of Elfin Agro India IPO?
Elfin Agro India IPO is priced at ₹47 - ₹47 per share.
How to check allotment status of Elfin Agro India IPO?
Click the allotment link on Elfin Agro India IPO page of IPO360.
How to apply Elfin Agro India 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 Elfin Agro India 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 Elfin Agro India IPO using ASBA?
  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