Elfin Agro India IPO Final Day Subscription Status: Subscribed 1.35x
By HDFC SKY | Published at: Mar 9, 2026 05:58 PM IST

Elfin Agro India IPO is a fixed price public issue aggregating ₹25.03 crore. The IPO opened for subscription on March 5, 2026, and closes on March 9, 2026. Shares are offered at a fixed price of ₹47 per share, and the company is scheduled to list on the BSE SME platform.
Elfin Agro India IPO Final Day Subscription Status
Elfin Agro India IPO was subscribed 1.35 times overall as of 4:54 PM on March 9, 2026 (Final Day).
Category-wise IPO Subscription Status
| Category | Subscription (Times) |
| NII (HNI) | 2.12x |
| Retail Investors | 0.59x |
| Total | 1.35x |
Previous Day’s Subscription Summary
On Day 2 (March 6, 2026), the IPO was subscribed 1.03 times overall. By the final day, the total subscription increased to 1.35 times, reflecting additional bids in the NII and retail categories.
IPO Timeline
| Event | Date |
| Issue Open Date | March 5, 2026 |
| Issue Close Date | March 9, 2026 |
| Basis of Allotment | March 10, 2026 |
| Initiation of Refunds | March 11, 2026 |
| Credit of Shares | March 11, 2026 |
| Listing Date | March 12, 2026 |
Brief Overview Of The Elfin Agro India IPO
Elfin Agro India IPO is a fixed price issue of ₹25.03 crore, consisting entirely of a fresh issue of 53,25,000 shares.
The shares are offered at a fixed price of ₹47 per share with a lot size of 3,000 shares. The IPO opened on March 5, 2026, and closes on March 9, 2026.
Elfin Agro India Limited is engaged in the manufacturing of wheat flour products including chakki atta, refined wheat flour, semolina and specialised flour variants, along with the production of edible mustard oil and trading of selected agro-products. The company markets its products under brands such as Shiv Nandi and ELFIN’S Shri Shyam BHOG.
Elfin Agro India IPO recorded a total subscription of 1.35 times on the final day of bidding as of 4:54 PM on March 9, 2026. The ₹25.03 crore SME public issue closes today with NII participation leading the subscription activity.
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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