Elfin Agro India IPO Day 2 Subscription Status: Issue Subscribed 1.03x
By HDFC SKY | Published at: Mar 6, 2026 05:56 PM IST
Mumbai, March 6: Elfin Agro India IPO is a fixed price public issue with a total size of approximately ₹25.03 crore. The IPO opened for subscription on March 5, 2026 and will remain open until March 9, 2026. Shares in the issue are priced at ₹47 per share and the company plans to list on the BSE SME platform.
Elfin Agro India IPO Day 2 Subscription Status
As of 4:44 PM, March 6, 2026 (Day 2), Elfin Agro India IPO has been subscribed 1.03 times across investor categories.
Category-wise IPO Subscription Status
| Category | Subscription (Times) |
| NII (HNI) | 1.81x |
| Retail Individual Investors | 0.25x |
| Total | 1.03x |
Previous Day’s Subscription Summary
On Day 1 (March 5, 2026), the IPO was subscribed 0.47 times overall. The NII category recorded a subscription of 0.81 times, while the retail segment was subscribed 0.13 times.
IPO Timeline
| Event | Date |
| Issue Open Date | 5 March 2026 |
| Issue Close Date | 9 March 2026 |
| Basis of Allotment | 10 March 2026 |
| Initiation of Refunds | 11 March 2026 |
| Credit of Shares | 11 March 2026 |
| Listing Date | 12 March 2026 |
Brief Overview Of The Elfin Agro India IPO
Elfin Agro India IPO is a fixed price issue aggregating to approximately ₹25.03 crore. The public issue consists entirely of a fresh issue of 53,25,000 shares.
The IPO price has been set at ₹47 per share, with a minimum application lot size of 3,000 shares. The issue opened on March 5, 2026 and is scheduled to close on March 9, 2026.
Finshore Management Services Ltd. is acting as the book running lead manager, while Cameo Corporate Services Ltd. is the registrar to the issue. The company’s shares are scheduled to be listed on the BSE SME platform.
Summary: Elfin Agro India IPO reached an overall subscription of 1.03 times on Day 2. Demand was primarily led by the NII segment with 1.81 times subscription, while the retail category stood at 0.25 times as of 4:44 PM, March 6, 2026.
Source: https://www.bseindia.com/markets/publicIssues/DisplayIPO.aspx?id=4485&type=FPO&idtype=1&status=L&IPONo=7628&startdt=05/Mar/2026
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