Archive · 26 Jun 2025
Ellenbarrie Industrial Gases IPO Sees Strong Interest on Final Day
Ellenbarrie Industrial Gases, a company making industrial and medical gases, is offering shares to the public (IPO) to raise money.
The IPO is going well, with more people buying shares on the last day.
The company hopes to raise about ₹852.5 crore by selling shares priced between ₹380 and ₹400 each.
Money raised will pay off debt and build a new factory.
The shares are expected to be available to trade on July 1, 2025.
Ellenbarrie Industrial Gases IPO is gaining momentum on its final bidding day.
The IPO aims to raise ₹852.5 crore.
Subscription reached 52% by the third day of bidding.
The IPO price is between ₹380 to ₹400 per share.
Shares are expected to list on July 1, 2025.
- Who
- Ellenbarrie Industrial Gases Ltd.
- What
- Initial public offering (IPO) of Ellenbarrie Industrial Gases.
- When
- IPO closes on June 26; listing on July 1, 2025.
- Where
- India
- Why
- To raise capital for debt repayment, a new manufacturing unit, and general corporate purposes.
- IPO Amount
- ₹852.5 crore
- Price per share
- ₹380 - ₹400
- Subscription Rate
- 52%
- Grey Market Premium (GMP)
- Rs 19
- Share Listing Date
- July 1, 2025
Sources
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