The spotlight is now on the Elfin Agro India IPO allotment date today as investors wait to see whether they have received shares in the recently closed SME public issue.
After the IPO bidding window ended, attention quickly shifted to the allotment process. For many retail participants, the next step is simple — checking the Elfin Agro India IPO allotment status online through the official registrar or the stock exchange website.
Here’s a clear breakdown of what happened with the IPO, how investors can track their allotment, and key details about the company.
Market Performance
The Elfin Agro India IPO attracted moderate participation from investors during the subscription period.
The SME public issue was open for bidding for two days and witnessed limited demand compared with some other SME listings. Despite this, the offering still managed to receive bids exceeding the number of shares available.
Key subscription numbers from the issue:
- Total IPO Size: ₹25 crore
- Total Shares Offered: 50,58,000 shares
- Total Bids Received: 68,43,000 shares
- Overall Subscription: 1.35 times
Segment-wise demand showed a mixed trend:
- Retail Individual Investors (RII): 59% subscription
- Non-Institutional Investors (NII): 2.12 times subscription
While participation from individual investors remained below full subscription levels, the NII segment showed relatively stronger interest.
With the IPO process now moving ahead, investors are focusing on the Elfin Agro India IPO allotment date today to check whether they have secured shares.
Elfin Agro India IPO Allotment Date Today
The Elfin Agro India IPO allotment is expected to be finalised today, March 10.
Typically, the allotment process for SME IPOs takes place shortly after the issue closes. Since the public offer concluded recently, the share allocation process is now underway.
Applicants who participated in the IPO can easily track their Elfin Agro India IPO allotment status online through two primary platforms:
- The BSE SME website
- The IPO registrar website
Both options allow applicants to track their allotment using simple details like PAN number or application number.
How to Check Elfin Agro India IPO Allotment Status on BSE?
Investors can follow these steps to check the Elfin Agro India IPO allotment status through the stock exchange portal.
- Visit the BSE IPO allotment page
- Select Issue Type – Equity
- Choose Elfin Agro India from the dropdown list
- Enter your Application Number or PAN
- Complete the captcha verification
- Click Search
Once submitted, the system will display the allotment details if shares have been allocated.
Steps to Check Elfin Agro India IPO Allotment on Registrar Website
The allotment status can also be checked through the IPO registrar.
Steps to follow:
- Visit the IPO allotment page of Cameo Corporate Services
- Choose any of the available links on the page
- Select Elfin Agro India from the company list
- Choose the search method:
- PAN
- Application Number
- DP Client ID
- Enter the required details
- Fill in the captcha code
- Click Submit
The page will display the Elfin Agro India IPO allotment status immediately.
IPO Structure and Price Details
The Elfin Agro India IPO was launched as a fixed price public issue.
Important details of the offer:
- Issue Price: ₹47 per share
- Lot Size: 3,000 shares
- Issue Type: Fixed price issue
- Total Issue Size: ₹25 crore
- Nature of Issue: Entirely fresh issue of shares
Since the IPO consisted only of fresh equity shares, the funds raised will go directly to the company.
Purpose of the IPO
According to the company’s stated plans, the capital raised through the public issue will be utilised for:
- Meeting working capital requirements
- General corporate purposes
Such allocations are commonly used by companies to support operational activities and business expansion.
Company Details
Elfin Agro India operates in the agro-based products segment and manufactures several food and agricultural products.
The company’s product portfolio includes:
- Chakki atta
- R atta
- Tandoori atta
- Sooji
- Maida
- Yellow mustard oil
To support production, the company runs two manufacturing facilities in Bhilwara, Rajasthan.
Apart from manufacturing, the company also participates in the trading of agricultural commodities depending on prevailing market demand.
These commodities include:
- Chana
- Maize
- Soybean refined oil
- Rice bran refined oil
- Wheat
- Cattle feed
- Groundnut oil
This mix of manufacturing and trading allows the company to operate across multiple segments within the agricultural supply chain.
Financial Performance
The company reported an improvement in its financial numbers during the latest financial year.
Financial Highlights
Total Income | ₹146.43 crore | ₹124.71 crore |
Net Profit | ₹5.07 crore | ₹3.67 crore |
The figures show an increase in both revenue and profit compared with the previous year.
Why Investors Are Tracking Elfin Agro India IPO Allotment Today?
For investors who applied to the SME issue, the Elfin Agro India IPO allotment date today marks the most important step after the subscription process.
Checking the allotment status helps applicants understand whether shares have been allocated to them.
In SME IPOs, where lot sizes are larger and demand can vary across investor categories, allotment outcomes often depend on subscription levels in each segment.
Summary
The Elfin Agro India IPO allotment date today has become the focus for investors following the closure of the SME public issue.
Here are the key takeaways:
- The ₹25 crore IPO received 1.35 times subscription overall.
- The retail investor portion was subscribed 59%.
- The NII category saw 2.12 times bids.
- The issue price was ₹47 per share with a lot size of 3,000 shares.
- The company plans to use IPO proceeds for working capital and corporate purposes.
- Investors can check the Elfin Agro India IPO allotment status through the BSE website or the registrar portal.
As the allotment process moves forward today, applicants will soon know whether they have secured shares in the offering.
Source: Livemint
Easy & quick
Leave A Comment?