Ellenbarrie Industrial Gases IPO Allotment Status In Focus Today; Check GMP, Listing Date And More
Investors who bid for shares in the IPO can check the allotment status on the websites of BSE, NSE and the issue registrar, KFin Technologies.
The allotment status for the Ellenbarrie Industrial Gases IPO is expected to be finalised on June 27.
Ellenbarrie Industrial Gases' initial public offering was oversubscribed on the third day, with bids led by qualified institutional investors. The public issue was subscribed 22.19 times on Thursday. On Wednesday, which was the second day of the IPO, it was subscribed 0.11 times or 11%. On the first day, the subscription stood at 0.08 times or 8%.
The mainboard issue received bids for 33,52,83,825 shares against 1,51,08,983 on offer, as per the NSE data.
Qualified Institutional Buyers subscribed the issue 64.23 times. Non-Institutional Investors booked their quota 15.21 times. The retail quota was booked 2.14 times.
Investors who participated in the IPO can check the allotment status on the websites of BSE, NSE, and the issue registrar, KFin Technologies.
Shares of Ellenbarrie Industrial Gases Ltd. will be listed on the NSE and BSE on July 1.
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Steps to Check Ellenbarrie Industrial Gases IPO Allotment Status On NSE
Visit the IPO allotment page on the NSE website: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
Select 'Equity & SME IPO bid details'.
Select the company symbol “ELLEN” from the dropdown list for issue symbols.
Enter PAN details and Application Number.
Click on the “Submit” button to check the share allotment details.
Steps to Check Ellenbarrie Industrial Gases IPO Allotment Status On BSE
Go to the IPO allotment page on BSE website at: https://www.bseindia.com/investors/appli_check.aspx
Select the issue type as “Equity”.
Choose “Ellenbarrie Industrial Gases Ltd.” from the dropdown menu.
Enter your application number or PAN (Permanent Account Number).
Complete the “Captcha” for verification.
Click on the “Search” button to view your allotment status.
Steps to Check Ellenbarrie Industrial Gases IPO Allotment Status On KFin Technologies
Visit the KFinTech IPO allotment page — https://kosmic.kfintech.com/ipostatus/
From the dropdown menu, choose “Ellenbarrie Industrial Gases Ltd.” as the IPO name.
Select one of the available identification options – PAN number, Application number or DP ID/client ID.
Enter the details based on the option you selected.
Click on the “Submit” button.
Your IPO allotment status will be displayed on the screen.
Ellenbarrie Industrial Gases IPO GMP Today
According to InvestorGain, the latest grey market premium (GMP) for the Ellenbarrie Industrial Gases IPO was Rs 41 on June 27. The current GMP indicates a listing price of Rs 441 apiece at a premium of 10.25% compared to the upper end of the IPO price band.
Note: GMP does not represent official data and is based on speculation.
The price band for the IPO was set between Rs 380 and Rs 400 per share. The industrial gas manufacturer is looking to raise up to Rs 852.5 crore from the primary market. The IPO consists of a fresh issue worth Rs 400 crore and an offer for sale worth Rs 452.5 crore.
The company is a producer of industrial gases such as acetylene and nitrogen. It will use proceeds from the IPO to repay debt, establish an air separation unit and for general corporate purposes.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.
