Mon. Jan 30th, 2023


Elin Electronics IPO Details: Elin Electronics IPO Date it’s still not fixed, the IPO is it hit the market in December 2022 according to market speculation. Elin Electronics IPO to raise around ₹760 million dollars via IPO which includes a fresh issue of ₹175 crore and an offer for sale of up to ₹585 crore at ₹5 each. The retail share is 35%QIB is 50% and HNI is 15%.

Elin Electronics Limited offers various products and services to its OEM customers. They are a one-stop solution provider, offering electronic manufacturing services, universal motors, induction motors, tool/mold/die design and manufacturing, kitchen appliances, personal care products, lighting products and components of automobile

Elin is one of them leading providers of electronics manufacturing services to leading brands of lighting, fans and small kitchen appliances in India. Elin has three manufacturing plants, one located at Ghaziabad (NCR), one at Baddi (HP) and one at Goa. The company is an ISO 9001, ISO 14001 and IATF 16949 certified company and a flagship company of Elin Group. The company is driven by the “Sethia” family.

Elin is India’s largest manufacturer of Fractional Power (FHP) Motors for Mixer Grinders, Beater Grinders, Hand Blenders, Ventilation Fans, Table Pedestal Wall Fans, Kitchen Chimneys, Wet Grinders, air conditioners and air coolers (synchronous motors), personal fans, room heaters. Our company will start manufacturing motors for air conditioners very soon: indoor and outdoor motors, misting motors, water purifier motors/pumps, etc. They are the leading manufacturer and supplier of fractional motors (FHP) in India with 10 million motors. annual capacity

Important details

  • One of the leading providers of electronics manufacturing services to major brands.
  • India’s Largest Fractional Motor (FHP) Manufacturer and supplier in India with an annual capacity of 10 million engines.

Elin Electronics IPO Review (apply or not)

Brokerage Firm IPO Review

  • Capital market: Will update soon
  • Religare Broking: Will update soon
  • Hem Securities: Will update soon
  • Capital of Arihant: Will update soon

Elin Electronics IPO Date and Price Band Details

IPO Open: December, 2022
Closing of the IPO: December, 2022
IPO Size: Approx ₹ 760 crores
New Topic: Approx ₹175 crores
Sales offer: Approx ₹585 crores
Apparent value: ₹5 Per share of capital
IPO Price Range: ₹[.] to ₹[.] by action
IPO listing at: BSE and NSE
Retail Quota: 35%
QIB quota: 50%
NII quota: 15%
Discount: N/A
DRHP Prospectus Draft: Click here
RHP Draft Prospectus: Click here
List of Anchor Investors: Click here

Elin Electronics IPO Market Lot

The minimum IPO market lot of Elin Electronics is [.] shares with ₹[.] amount of the request. Retail investors can apply for up to 13 lots with [.] shares or ₹[.] amount

application Lot size Shares Amount
Minimal retail 1 ₹-
Maximum in detail 13 ₹-
S-HNI Minimum 14 ₹-
B-HNI Minimum 68 ₹-

Allotment and quotation dates of the initial public offering of Elin Electronics

The IPO date of Elin Electronics is December 2022 and the closing date is December 2022. The Elin Electronics IPO award will be completed in December 2022 and the IPO listing to the stock market in December 2022.

Price Band Announcement: December 2022
Allocation of anchor investors: December 2022
IPO opening date: december 2022
IPO closing date: December 2022
Award basis: December 2022
Refunds: December 2022
Demat Account Credit: December 2022
Elin Electronics IPO Listing Date: December 2022

You can check IPO subscription status i IPO award status on their respective pages.

Elin Electronics IPO form

How to apply for Elin Electronics IPO? You can apply for Elin Electronics IPO through ASBA available in your bank account. Just go to online banking login and apply through your bank account by selecting Elin Electronics IPO under Invest section. The other option is that you can apply for Elin Electronics IPO through IPO forms downloaded through NSE and BSE. View Elin Electronics Forms – Click EEB forms & NSE forms Download, fill out and submit blank IPO forms to your bank or broker.

Financial report of the company Elin Electronics

₹ in Crores
course income expense PAT
2020 ₹786 ₹751 ₹27.49
2021 ₹865 ₹817 ₹ 38.86
2022 6M ₹519 ₹493 R$ 19.33

Valuation of Elin Electronics IPO – FY2021

Check Elin Electronics IPO valuation details such as earnings per share (EPS), price/earnings P/E ratio, return on equity (RoNW) and net asset value (NAV) details.

Earnings per share (EPS): ₹8.19 per capital share
Price/Earnings P/E ratio: N/A
Return on equity (RoNW): 13.29%
Net asset value (NAV): ₹ 64.22 per capital share

peer group

  • Dixon Technologies (India) Ltd
  • Amber Enterprises India Limited
  • Eat Lall Sethia
  • Kamal Sethia
  • Kishore Sethia
  • Gaurav Sethia
  • Sanjeev Sethia
  • Sumit Sethia
  • Suman Sethia
  • Vasudha Sethia
  • Vinay Kumar Sethia

Elin Electronics IPO Registration

KFin Technologies Private Limited
Selenium, Tower B, Plot no. 31 and 32
Financial District, Nanakramguda, Serilingampally
Hyderabad, Rangareddy – 500032
Telangana, India
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com

Elin Electronics Initial Public Offering Allocation Status Check

Check the award status of the Elin Electronics IPO at the KFintech website award URL. Click here

Elin Electronics IPO Lead Managers

  • Axis Capital Limited
  • JM Financial Limited

company address

Elin Electronics Limited
143, Cotton Street, Kolkata – 700 007,
West Bengal, India
Phone: 033 22684329
E-mail: [email protected]
Website: www.elinindia.com

Elin Electronics IPO FAQ

What is Elin Electronics IPO?

Elin Electronics IPO is a mainboard IPO. They are going to raise ₹760 crore via OPI. The point is priced at ₹[.] to ₹[.] for share of capital. The IPO must be listed on EEB and NSE.

When will Elin Electronics IPO open?

The IPO will open December, 2022 for QIBs, NIIs and retail investors.

What is Elin Electronics IPO Investors Part?

The part of the investors for QIB is 50%, NII is 15%i Retail is 35%.

How to apply Elin Electronics IPO?

You can apply for Elin Electronics IPO through ASBA online through your bank account. you can too apply for ASBA online through UPI through your stock brokers. You can also apply through your stockbrokers by filling the offline form.

How to apply Elin Electronics IPO through Zerodha?

Log in to the console on the Zerodha website or app. Go to Wallet and click on IPO. You will see the name of the IPO “Elin Electronics”. Click the offer button. Enter your UPI ID, quantity and price. Submit the IPO application form. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Zerodha.

How to apply Elin Electronics IPO through Upstox?

Log in to the Upstox app with your credentials. Select the IPO. You will see the name of the IPO “Elin Electronics”. Click the offer button. Confirm your request. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Upstox.

How to apply Elin Electronics IPO through Paytm Money?

Login to Paytm Money app with your credentials. Select the IPO. You will see the name of the IPO “Elin Electronics”. Click the offer button. Confirm your request. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Paytm Money.

What is the size of the Elin Electronics IPO?

Elin Electronics IPO size is ₹[.] crores.

What is Elin Electronics IPO Price Band?

Elin Electronics IPO Price Band is ₹[.] to ₹[.].

What is the minimum and maximum lot size of Elin Electronics IPO?

The minimum bid is [.] Shares with ₹[.] amount as long as it is the maximum bid [.] shares with ₹[.].

What is the Elin Electronics IPO award date?

The Elin Electronics IPO award date is December, 2022.

What is the listing date of Elin Electronics IPO?

The Elin Electronics IPO listing date is December, 2022. The IPO must be listed on the ESB and the ENE.

Note: The price band and IPO date of Elin Electronics have not been officially announced yet. The gray market premium of the IPO (Elin Electronics IPO Premium) will be added to the Gray market IPO page as it will begin).

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