Archive · 19 Jun 2025
Ellenbarrie Industrial Gases IPO Opens June 24
Ellenbarrie Industrial Gases is selling shares to the public through an IPO.
The price per share will be between ₹380 and ₹400.
They hope to raise nearly ₹977 crore to pay off debt and build a new facility to make industrial gases like oxygen.
Investors, including big companies and regular people, can buy shares starting June 24.
The company will use the money to grow and pay down what it owes.
The company manufactures gases like nitrogen and hydrogen, which are used in industries like aviation and defense.
Ellenbarrie Industrial Gases IPO opens June 24 with a price band of ₹380-400 per share.
The IPO aims to raise approximately ₹977 crore, including a fresh issue and an offer-for-sale.
Proceeds will reduce debt and fund a new air separation unit at the Uluberia-II facility.
The IPO includes allocations for qualified institutional buyers, non-institutional investors, and retail investors.
Listing on BSE and NSE is planned for July 1.
- Who
- Ellenbarrie Industrial Gases is offering the IPO.
- What
- Ellenbarrie Industrial Gases is conducting an IPO with a price band of ₹380-400 per share.
- When
- The IPO opens on June 24 and closes on June 26, with listing expected on July 1.
- Where
- Information pertains to the Ellenbarrie Industrial Gases Limited IPO.
- Why
- The IPO aims to raise funds for debt reduction and expansion.
- Company
- Ellenbarrie Industrial Gases
- IPO Type
- Initial Public Offering
- Price Band
- ₹380-400 per share
- Subscription Dates
- June 24 - June 26
- Anchor Bidding
- June 23
- Funds Raised
- Approximately ₹977 crore
- Listing Date
- July 1
