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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Elfin Agro India Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹47
Per ShareLot Size
3000 Shares
Minimum Investment
₹1,41,000
Issue Size
₹25.03 Cr
Face Value
₹5
Per ShareIPO Type
Fixed Price - SME
Retail Quota
50.18%
QIB Quota
0%
NII Quota
49.82%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
72.59%
Issue Type
Fixed Price - SME
ISIN
INE1FEW01013
The Company is primarily engaged in the business of manufacturing of Chakki Atta (High fibre whole wheat flour), R Atta (Refined whole wheat flour), Tandoori Atta (Specialized flour), Sooji (Semolina flour), Maida (Refined Flour) and yellow mustard oil. As on the date of this prospectus, the Company has two manufacturing units that are situated at Bhilwara, Rajasthan, viz., (i) Flour Processing Unit and (ii) Mustard oil Processing Unit. The Company also engage in the trading of certain agro products, including Chana, Maize, Soyabean Refined Oil, Wheat, Groundnut Oil, etc based on the prevailing market conditions. The Company has a well-diversified customer base catering to various segments like B2B Clients, Wholesalers, Traders, Retailers and Individual consumers.
In India, agriculture is the primary source of livelihood for 55% of the population. Factors contributing to the sharp growth in demand for processed foods include increasing urbanization, increasing disposable incomes, changing spending patterns/ priorities, the emergence of nuclear families, and the growing need for convenience foods in dual-income nuclear families. The Indian food processing industry accounts for 32% of the country's total food market, one of the largest industries in India and is ranked fifth in terms of production, consumption, export and expected growth.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 53,25,000 equity shares of face value of Rs.5/- each ("Equity Shares") of Elfin Agro India Limited (the "Company" or the "Issuer") for cash at a price of Rs. 47/- per equity share, including a share premium of Rs. 42/- per equity share (the "Issue Price"), aggregating to Rs. 25.03 Crores ("The Issue"), of which 2,67,000 equity shares of face value of Rs. 5/- each for cash at a price of Rs. 47/- per equity share, aggregating to Rs. 1.25 Crores will be reserved for subscriptions by the market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. Issue of 50,58,000 equity shares of face value of Rs. 5/- each for cash at a price of Rs. 47/- per equity share, aggregating to Rs. 23.77 Crores is here in after referred to as the "Net Issue". The issue and the net issue will constitute 27.41% and 26.04% respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs.5/- each and the issue price is Rs. 47/- each i.e., 9.40 times of the face value of the equity shares. The minimum lot size is 3,000 equity shares.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
The company was originally incorporated as a Private Limited Company under the name "Ravija Sulz Private Limited" on July 28, 2009, in accordance with the Companies Act, 1956 bearing Corporate Identification Number U17119RJ2009PTC029463 issued by Registrar of Companies - Rajasthan. Subsequently the name of the company was changed to "Elfin Agro India Private Limited" vide a fresh Certificate of Incorporation consequent upon Change of Name dated June 05, 2012 bearing Corporate Identification Number U15132RJ2009PTC029463 issued by Registrar of Companies Rajasthan. Subsequently on November 18, 2024, the company got converted into a public limited company, resulting in a name change to "Elfin Agro India Limited" vide a fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company bearing Corporate Identification Number U15132RJ2009PLC029463, issued by the Registrar of Companies, Central Processing Centre.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.