Ellenbarrie Industrial Gases IPO Allotment Likely Today After 22.19x Oversubscription – Check Status Online

Mumbai, 27 June 2025: The ₹852.53 crore initial public offering (IPO) of Ellenbarrie Industrial Gases Ltd is set to finalise its allotment today, following an overwhelming response across investor categories. The IPO concluded on 26 June 2025, with the issue being oversubscribed by 22.19 times overall.

Exceptional Demand from All Investor Segments

The three-day offering, open from 24 to 26 June, witnessed robust participation across categories. Here is the subscription data by investor class:

• Qualified Institutional Buyers (QIBs): 64.23 times subscribed
• Non-Institutional Investors (NIIs): 15.21 times subscribed
• Retail Individual Investors (RIIs): 2.14 times subscribed

The IPO consisted of a fresh equity issue of 1 crore shares worth ₹400 crore, along with an offer-for-sale (OFS) of 1.13 crore shares totalling ₹452.53 crore. This brought the overall offering to 2.13 crore equity shares.

Planned Use of Raised Capital

Proceeds from the fresh issue will be directed towards the following:

• ₹210 crore to repay outstanding borrowings
• ₹104.5 crore for establishing a new air separation unit at the Uluberia-II facility
• Remaining funds will be used for general corporate activities

How to Check IPO Allotment Status Online

Applicants can check their allotment status using any of the following methods:

Option 1: BSE Website

• Visit: https://www.bseindia.com/static/investors/application_statuscheck
• Select ‘Equity’ as the issue type
• Choose Ellenbarrie Industrial Gases Ltd from the dropdown
• Enter either Application Number or PAN
• Click ‘Search’

Option 2: KFin Technologies Website

• Visit: https://ris.kfintech.com/ipostatus/
• Choose the company name
• Provide either PAN, Application Number, DP/Client ID, or Bank Account Number/IFSC
• Click ‘Submit’

Option 3: PAN and Application Number Method

• Use PAN and Application Number combination to verify status on official registrars’ platforms

Listing and Refund Timelines

The company’s shares are expected to be listed on both NSE and BSE on Tuesday, 1 July 2025.

Refunds for unsuccessful applicants and credit of allotted shares to demat accounts will be processed by Monday, 30 June 2025.

Company Profile

Established in 1973, Ellenbarrie Industrial Gases Ltd is a key supplier of industrial, medical, and speciality gases such as oxygen, nitrogen, helium, and carbon dioxide. The company also provides dry ice, LPG, welding gases, and firefighting mixtures, servicing a diverse range of sectors and applications.

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