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Elfin Agro Ipo


Elfin Agro IPO Review & Key Points

  • Review:

IPO Lead Managers aka Merchant Bankers

  • Finshore Management Services Ltd.

ApplicationLot SizeSharesAmount
Retail Minimum26,000₹2,82,000
Retail Maximum26,000₹2,82,000
S-HNI Minimum39,000₹4,23,000
S-HNI Maximum₹-
B-HNI Minimum₹-

Investor CategoryShare Offered Shares (%)
Anchor Investor– Shares-%
QIB (Ex. Anchor)– Shares-%
NII Shares Offered25,20,000 Shares47.32%
Retail Shares Offered25,38,000 Shares47.66%

IPO Open Date:March 5, 2026
IPO Close Date:March 9, 2026
Basis of Allotment:March 10, 2026
Refunds:March 11, 2026
Credit to Demat Account:March 11, 2026
IPO Listing Date:March 12, 2026
IPO Bidding Cut-off Time:March 9, 2026 – 5 PM

ParticularShares% Share
Promoter Holding Pre Issue1,41,00,000100%
Promoter Holding Post Issue1,94,25,00072.59%

PurposeCrores
Working Capital Requirements₹19.33
General Corporate Purpose₹3.50

Period EndedRevenueExpensePATAssets
2023₹101.45₹98.26₹1.81₹20.90
2024₹124.71₹118.63₹3.68₹24.69
2025₹146.44₹138.31₹5.08₹33.44
Dec 2025₹117.72₹110.77₹3.98₹42.39

KPIValues
ROE:36.86%
ROCE:47.93%
EBITDA Margin:5.17%
PAT Margin:3.48%
Debt to equity ratio: 0.88
Earning Per Share (EPS):₹3.60 (Basic)
Price/Earning P/E Ratio:13.05
Return on Net Worth (RoNW):36.86%
Net Asset Value (NAV):₹9.77

CompanyEPSPE RatioRoNW %NAVIncome
Abram Food9.0511.0538.62%22.6264.04 Cr.

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IPO Open DateMarch 5, 2026
IPO Close DateMarch 9, 2026
Face Value₹5 Per Equity Share
IPO Price Band₹47 Per Share
Issue SizeApprox ₹25.03 Crores
Fresh IssueApprox ₹25.03 Crores
Issue TypeFixed Price Issue
IPO ListingBSE SME
DRHP Draft Prospectus
RHP Draft Prospectus

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