Elfin Agro IPO GMP today is Rs 0.3. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
ELFIN
Elfin Agro IPO GMP, Subscription & Allotment Status Today
Elfin Agro is a SME IPO with a price band of Rs 47.00 to Rs 47.00 that listed on 12 Mar 2026 at a listing gain of +0.64%. Track its full GMP history, subscription data and listing details here.
- Price Band
- ₹47.00 - ₹47.00
- Lot Size
- 3,000 Shares
- Bidding Closes
- 09 Mar 2026
- Listing Date
- 12 Mar 2026
Current GMP Status
₹0.3
+0.64% vs upper band
Est. Listing Gain
+0.64%
Last Trend
06 Mar 2026
Listing Price
₹47.30
Retail Entry
₹2,82,000
IPO Details
Complete IPO information
| Current GMP | ₹0.3 |
|---|---|
| Estimated Listing Gain | +0.64% |
| Price Band | ₹47.00 - ₹47.00 |
| Issue Price | Approx ₹47.00 Crores |
| Listing Price | ₹47.30 |
| Lot Size | 3,000 Shares |
| Issue Type | SME |
| Registrar | TBA |
| Exchange | NSE, BSE |
| Retail Quota | TBA |
| Overall Subscription | 0.47x |
| Listing Date | 12 Mar 2026 |
| Minimum Investment | ₹2,82,000 |
Head-to-head
Compare Elfin Agro IPO with similar IPOs
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Elfin Agro is priced at ₹47 per share. With a minimum lot size of 3,000 shares, a retail investor applying for one lot would need approximately ₹2,82,000 to participate in this SME issue.
The latest recorded Grey Market Premium for Elfin Agro stands at ₹0.3, implying an estimated listing gain of around 0.64% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Elfin Agro's IPO was subscribed 0.47x overall, with a category-wise breakdown of Retail 0.13x, QIB 0.81x.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
05 Mar 2026
✓
Bidding Closes
09 Mar 2026
✓
Allotment
TBA
✓
Listing
12 Mar 2026
Grey Market Premium
Daily GMP status
Trend chart builds up as more daily GMP snapshots are recorded.
| Date | GMP | Change | Gain |
|---|---|---|---|
| 06 Mar 2026 | ₹0.00 | - | 0.00% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 6,000 | ₹2,82,000 |
| Retail Maximum | 2 Lot | 6,000 | ₹2,82,000 |
| S-HNI Minimum | 3 Lot | 9,000 | ₹4,23,000 |
| S-HNI Maximum | 7 Lot | 21,000 | ₹9,87,000 |
| B-HNI Minimum | 8 Lot | 24,000 | ₹11,28,000 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
Elfin Agro IPO Details
| IPO Open Date | March 5, 2026 |
| IPO Close Date | March 9, 2026 |
| Face Value | ₹5 Per Equity Share |
| IPO Price | ₹47 Per Share |
| Issue Size | Approx ₹25.03 Crores |
| Fresh Issue | Approx ₹25.03 Crores |
| Issue Type | Fixed Price Issue |
| IPO Listing | BSE SME |
Analysis
Elfin Agro IPO – Reservation
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | – Shares | – % |
| QIB (Ex. Anchor) | – Shares | – % |
| NII (HNI) | 25,20,000 Shares | 47.32% |
| Retail | 25,38,000 Shares | 47.66% |
Analysis
Elfin Agro IPO Dates
| 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 |
Analysis
Elfin Agro IPO – Promoters & Holding Pattern
Promoters of the Company:
Mr. Vimal Kumar Daga, Mr. Deepak Pal Daga, Mrs. Seema Daga, Mrs. Neetu Daga, M/s. Vimal Kumar Ayush Pal Daga HUF, M/s. Vimal Kumar Deepak Pal Daga HUF and M/s. Deepak Pal Harsh Kumar Daga HUF.
Mr. Vimal Kumar Daga, Mr. Deepak Pal Daga, Mrs. Seema Daga, Mrs. Neetu Daga, M/s. Vimal Kumar Ayush Pal Daga HUF, M/s. Vimal Kumar Deepak Pal Daga HUF and M/s. Deepak Pal Harsh Kumar Daga HUF.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,41,00,000 | 100% |
| Promoter Holding Post Issue | 1,94,25,000 | 72.59% |
Analysis
Elfin Agro IPO – Objects of the Issue
| Purpose | Amount (₹ Crores) |
|---|---|
| Working Capital Requirements | ₹19.33 |
| General Corporate Purpose | ₹3.50 |
Analysis
About Elfin Agro IPO
Set up in 2009, Elfin Agro India is one of the growing companies involved in the 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. The firm sells its products under the brand “Shiv Nandi” and “ELFIN’S Shri Shyam BHOG” to various wholesalers and retailers in Rajasthan, Uttar Pradesh, Gujarat, etc.
Elfin Agro has a flour manufacturing unit in Bhilwara, which handles grading, sorting, and packaging of raw wheat. Moreover, the firm is also involved in the extraction, refining, and manufacturing of mustard oil seeds. Along with wheat flour, the firm also trades Chana, Maize, Soyabean Refined Oil, Rice Bran Refined Oil, Wheat, cattle feed, groundnut oil, and other various agro-products.
Analysis
Elfin Agro IPO – Financial Report
| Period Ended | Revenue (₹ Cr) | Expense (₹ Cr) | PAT (₹ Cr) | Assets (₹ Cr) |
|---|---|---|---|---|
| 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 |
Analysis
Elfin Agro IPO – Valuation (FY2025)
| 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 / Earnings (P/E) Ratio | 13.05 |
| Return on Net Worth (RoNW) | 36.86% |
| Net Asset Value (NAV) | ₹9.77 |
Analysis
Peer Group Comparison
| Company | EPS | P/E Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Abram Food | 9.05 | 11.05 | 38.62% | 22.62 | ₹64.04 Cr. |
Analysis
IPO Lead Managers aka Merchant Bankers
IPO Lead Managers aka Merchant Bankers
- Finshore Management Services Ltd.
FAQ
Elfin Agro IPO FAQs
Elfin Agro IPO price band is Rs 47.00 to Rs 47.00. Check the latest issue price, lot size and GMP together before applying.
Elfin Agro IPO open date is 05 Mar 2026, close date is 09 Mar 2026, and listing date is 12 Mar 2026.
Elfin Agro IPO lot size is 3,000 shares. The minimum retail investment is Rs 2,82,000.
Elfin Agro is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Elfin Agro IPO subscription status currently shows Retail 0.13x, QIB 0.81x, Overall 0.47x.
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