
22.08x
subscribed
Ellenbarrie Industrial Gases IPO
22.08x
subscribed
About Ellenbarrie Industrial Gases Limited
Ellenbarrie Industrial Gases Limited IPO Overview
Ellenbarrie Industrial Gases Limited IPO Date
Ellenbarrie Industrial Gases IPO will open for subscription on June 24, 2025, and the closing date for the IPO is June 26, 2025. After this, investors are expected to be updated about the allotment status on Friday, June 27, 2025.
Investors who have been allotted shares can expect them to be credited to their demat account on June 30, 2025. The shares will be listed on the NSE and the BSE on Tuesday, July 1, 2025.
Ellenbarrie Industrial Gases Limited IPO Price Band
The IPO includes both fresh issue of shares and offer for sale. The IPO price band has been set between ₹380 to ₹400 per share. Interested investors can choose a price within this band to apply for the IPO.
The IPO is a book-building issue, comprising a fresh issue of ₹400 crore and an offer for sale of ₹ 452.53 crore.
The Ellenbarrie Industrial Gases IPO listing price will be determined on July 1, 2025. The listing price is the price at which a company’s shares debut on the stock exchanges.
Ellenbarrie Industrial Gases Limited IPO Lot Size
The Ellenbarrie Industrial Gases IPO details have been declared. The minimum lot size for an application is 37 shares, and the investor would have to apply for a minimum of 1 lot. Meanwhile, the IPO issue size is ₹852.5 crore.
Checklist
Compare
Companies in this sectorObjectives
Strength and Weakness
Ellenbarrie Industrial Gases ranks among the leading industrial gas manufacturers in East and South India and is the market leader in the states of West Bengal, Andhra Pradesh, and Telangana, in terms of installed manufacturing capacity, as of March 31, 2025. It was the first company to establish a hydrogen electrolyser in Eastern India. The company also has a diversified customer base of 1,829 clients as of FY25.
The company has signed 15-year lease & O&M agreements of an ASU plant with key customers, i.e. Jairaj and another major steel firm. As they come under the onsite segment, they ensure long-term stable cash flows due to integrated infrastructure, with gases being supplied to them via pipelines directly.
Serves 12+ industries with a wide gas portfolio of oxygen, nitrogen, argon, helium, acetylene used across steel, pharma, defence, aerospace, and more. In FY25, steel (37%) and pharma (26%) were top contributors to total revenue from the sale of gases, with no other sector exceeding 10%, showcasing strong diversification.
The company is expanding into high-growth segments like green hydrogen, green ammonia, and electronic gases, with a discussion underway with a global speciality gas player. These products cater to critical sectors such as semiconductors, space, and defence. With global demand in these industries set to grow.
About Ellenbarrie Industrial Gases Limited
IPO Analysis

IPO Subscription Status
Latest News on IPO


2 min read

3 min read
Frequently asked questions
How to invest in the IPO?
What is the issue size of Ellenbarrie Industrial Gases IPO ?
What is 'pre-apply' for Ellenbarrie Industrial Gases IPO ?
Which exchanges will Ellenbarrie Industrial Gases IPO shares list on?
- Pre-apply22 Jun 2025
- Bidding starts24 Jun 2025
- Bidding ends26 Jun 2025
- Allotment finalisation27 Jun 2025
- Release of funds30 Jun 2025
- Demat transfer30 Jun 2025
- Listing1 Jul 2025