To apply for the Ellenbarrie Industrial Gases IPO, investors must log in to their trading account through their broker’s online platform and navigate to the IPO section. After selecting "Ellenbarrie Industrial Gases IPO," they need to enter the number of lots (minimum one lot of 37 shares) and choose a bid price within the range of ₹380 to ₹400 per share. Applicants should then provide their UPI ID for payment authorisation and ensure that sufficient funds are available in their linked account. After verifying the application details, they must approve the UPI mandate before 5 PM on June 26, 2025, to complete the submission successfully.
For complete details on this public offering, visit the Ellenbarrie Industrial Gases IPO page on Bajaj Broking’s website.
Ellenbarrie Industrial Gases IPO Application Process
The Ellenbarrie Industrial Gases IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Step 1: Login to Your Trading Platform
Access your trading account using Bajaj Broking’s app or website.
Step 2: Navigate to the IPO Section
Go to the IPO section to view active IPO listings.
Step 3: Select the Open IPO and Click Apply
Locate Ellenbarrie Industrial Gases IPO in the list of available IPOs and click the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares (minimum lot size: 37 shares) within the price band of ₹380 to ₹400 per share.
Step 5: Provide Your UPI ID
Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.
Step 6: Confirm the Application
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Step 7: Complete the Process and Wait for Allotment
Submit the application and monitor the allotment status to check if shares have been allocated to you.
Additional Read: Ellenbarrie Industrial Gases IPO Investment Guide: Objectives & Opportunities
About Ellenbarrie Industrial Gases IPO: Overview and Key Facts
Ellenbarrie Industrial Gases Limited (EIGL), founded in 1973, is engaged in the production and supply of industrial, medical, and specialty gases. The company offers a range of gases including oxygen, nitrogen, helium, hydrogen, argon, carbon dioxide, acetylene, LPG and dry ice. In addition to bulk and packaged gas products, EIGL provides onsite gas systems and operational support. The company also offers engineering solutions, such as designing and commissioning air separation units, and supplies medical gas pipeline systems and equipment to healthcare institutions. Its operational footprint spans eight manufacturing facilities across four Indian states, and it serves over 1,800 customers as of Fiscal 2025.
The IPO is scheduled to open from June 24 to June 26, 2025, with a price band set between ₹380 and ₹400 per share. A minimum application requires one lot of 37 shares, and investors can bid for multiple lots. The issue size comprises 2,13,13,130 shares, aggregating to approximately ₹852.53 crore. The shares are set to list on the BSE SME platform, with allotment expected on June 27, 2025, and tentative listing on July 1, 2025. Eligible investors should ensure that UPI mandates are approved before 5 PM on the last application day.
The primary objectives of the IPO include using part of the proceeds to repay or prepay existing borrowings and to fund the establishment of a 220 TPD air separation unit at the Uluberia-II facility. Additional proceeds are earmarked for general corporate purposes. The company’s financials show steady growth in assets, revenues, profitability, net worth, and reserves through March 2025. Prior to applying, prospective investors should carefully review the details of the offer, including price band, timelines, applicable charges, and filing procedures through their brokers.
To check your application status, visit the Ellenbarrie Industrial Gases IPO Allotment Status page on Bajaj Broking’s website.