Ellenbarrie IPO Listing Date Today Live: Shares of Ellenbarrie Industrial Gases made a strong debut on the stock exchanges today. The stock got listed at Rs 492 on the BSE, registering a gain of 23%, while on the NSE, it opened at Rs 486, up by 21.50%.
Ellenbarrie Industrial Gases IPO: Grey market trends ahead of listing
Before the official listing, the stock was buzzing in the grey market. The grey market premium (GMP) stood at Rs 57 per share just hours ahead of its debut. Based on the IPO price of Rs 400, this indicated an estimated listing price of Rs 457, a possible 14.25% gain.
Ellenbarrie Industrial Gases IPO: IPO details and timeline
Ellenbarrie Industrial Gases IPO was open for subscription from June 24 to June 26, with the price band fixed at Rs 400 per share. The total issue size was around Rs 977 crore, which included a fresh issue of Rs 400 crore and an offer-for-sale (OFS) of 1.44 crore shares by the promoters.
Ellenbarrie Industrial Gases IPO: Where the money will go
Out of the fresh issue proceeds, the company plans to use Rs 210 crore to repay its outstanding debt, which stood at Rs 264.2 crore as of April 2025. Another Rs 104.5 crore will go towards setting up a 220 TPD (tonnes per day) air separation unit at its Uluberia-II facility, which will boost its production capacity.
Ellenbarrie Industrial Gases IPO: Who managed the issue
Motilal Oswal Investment Advisors, IIFL Capital Services, and JM Financial acted as the lead managers for the issue, while KFin Technologies was appointed as the registrar for the IPO.
