Elfin Agro Ipo
Elfin Agro IPO Review & Key Points
Review:
IPO Lead Managers aka Merchant Bankers
Finshore Management Services Ltd.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 6,000 | ₹2,82,000 |
| Retail Maximum | 2 | 6,000 | ₹2,82,000 |
| S-HNI Minimum | 3 | 9,000 | ₹4,23,000 |
| S-HNI Maximum | – | – | ₹- |
| B-HNI Minimum | – | – | ₹- |
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | -% |
| NII Shares Offered | 25,20,000 Shares | 47.32% |
| Retail Shares Offered | 25,38,000 Shares | 47.66% |
| 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 |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,41,00,000 | 100% |
| Promoter Holding Post Issue | 1,94,25,000 | 72.59% |
| Purpose | Crores |
| Working Capital Requirements | ₹19.33 |
| General Corporate Purpose | ₹3.50 |
| Period Ended | Revenue | Expense | PAT | Assets |
| 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 |
| KPI | Values |
| 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 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Abram Food | 9.05 | 11.05 | 38.62% | 22.62 | 64.04 Cr. |
| IPO Open Date | March 5, 2026 |
| IPO Close Date | March 9, 2026 |
| Face Value | ₹5 Per Equity Share |
| IPO Price Band | ₹47 Per Share |
| Issue Size | Approx ₹25.03 Crores |
| Fresh Issue | Approx ₹25.03 Crores |
| Issue Type | Fixed Price Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |