Elin Electronics IPO subscription is to open on Dec 20, 2022 and will close on Dec 22, 2022, the price band of the Elin Electronics IPO is fixed at ₹ 234 – ₹ 247.
- About Elin Electronics
- Objects of the Issue
- Elin Electronics Limited Financials:
- Elin Electronics IPO Price Details
- Elin Electronics IPO DRHP & RHP
- Elin Electronics IPO Lot Size
- Elin Electronics IPO Lead Managers
- Elin Electronics IPO Registrar
- Elin Electronics IPO Allotment Date, Listing Date and other Important Dates
- Company Corporate Office
- Company Registered Office
- Company Promoters
- Elin Electronics IPO – FAQS
About Elin Electronics
Elin Electronics is a leading electronics manufacturing services (“EMS”) manufacturer of end-to-end product solutions for major brands of lighting, fans, and small/ kitchen appliances in India, and are one of the largest fractional horsepower motors manufacturers in India.
Elin Electronics manufacture and assemble a wide array of products and provide end-to-end product solutions. Elin Electronics serve under both original equipment manufacturer (“OEM”) and original design manufacturer (“ODM”) business models. Under the OEM model, EMS manufacture and supply products basis designs developed by the customers, who then further distribute these products under their own brands. Under the ODM model, in addition to manufacturing, EMS conceptualize and design the products which are then marketed to the customers’ prospective customers under their brands. EMS has developed ODM capabilities with respect to lighting products and small appliances
Objects of the Issue
- Repayment/ prepayment, in full or part, of certain borrowings availed by the company;
- Funding capital expenditure towards upgrading and expanding the existing facilities at (i) Ghaziabad, Uttar Pradesh, and (ii) Verna, Goa; and
- General corporate purposes
Elin Electronics Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
Particulars | For the year ended (₹ in million) | ||
---|---|---|---|
31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
Total Assets | 5,326.13 | 5,082.90 | 3,876.13 |
Total income | 10,946.68 | 8,649.02 | 7,863.72 |
Total Expenses | 10,417.95 | 8,174.10 | 7,512.67 |
Profit After Tax | 391.47 | 348.57 | 274.87 |
Elin Electronics IPO Price Details
Description | IPO Details |
---|---|
Public Issue | Initial Public Issue of upto [.] Equity Shares of ₹ 5 (aggregating up to ₹ 4,750 million) |
Issue Open Date | 20-Dec-22 |
Issue Close Date | 22-Dec-22 |
Issue Type | Book Building |
IPO Price Band | ₹ 234 – ₹ 247 |
Face Value | ₹ 5 |
Market Lot | 60 Equity Shares and in multiples thereof |
Minimum Order Quantity | 60 Equity Shares |
Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
Listing | NSE, BSE |
NSE Symbol | ELIN |
IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Elin Electronics IPO DRHP & RHP
Elin Electronics IPO Lot Size
Application | Lots | No of Shares | Amount (Rs) |
Minimum | 1 | 60 | ₹ 14,820 |
Maximum | 13 | 780 | ₹ 1,92,660 |
Elin Electronics IPO Lead Managers
- Axis Capital Limited
- JM Financial Limited
Elin Electronics IPO Registrar
Elin Electronics IPO Allotment Date, Listing Date and other Important Dates
Details | Date |
---|---|
Bid / Offer Opens on | 20-Dec-22 |
Bid / Offer Closes on | 22-Dec-22 |
Finalisation of Basis of Allotment | 27-Dec-22 |
Initiation of refunds | 28-Dec-22 |
Credit of the Equity Shares | 29-Dec-22 |
Listing Date | 30-Dec-22 |
Company Corporate Office
4771, Bharat Ram Road,
23, Daryaganj,
New Delhi – 110002,
Website: www.elinindia.com
Company Registered Office
143, Cotton Street,
Kolkata – 700 007,
West Bengal, India
Company Promoters
- Mangi Lall Sethia
- Kamal Sethia
- Kishore Sethia
- Gaurav Sethia
- Sanjeev Sethia
- Sumit Sethia
- Suman Sethia
- Vasudha Sethia and
- Vinay Kumar Sethia
Elin Electronics IPO – FAQS
What is the Elin Electronics IPO Price?
The Elin Electronics IPO price band is ₹ 234 – ₹ 247 per share
When Elin Electronics IPO will open?
The Elin Electronics IPO opens on Dec 20, 2022 and closes on Dec 22, 2022
What is the lot size of Elin Electronics IPO?
The Elin Electronics IPO lot size is 60 Equity Shares and the minimum order quantity is 60 Equity Shares
Who is the Registrar for Elin Electronics IPO?
The Registrar for Elin Electronics IPO is KFin Technologies Private Limited
How to apply in Elin Electronics IPO through UPI?
Check the step by step process here – Click here
How to apply in Elin Electronics IPO through Zerodha?
Check the step by step process here – Click here
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