ListedMainboardELIN

Elin Electronics Limited

Elin Electronics Limited is a mainboard IPO raising ₹475 Cr at ₹234 – ₹247 a share. It listed on 30 Dec 2022 and trades at ₹101 today, −59.1% against its issue price of ₹247. It was subscribed 3.09× in total.

247
Issue price
101
Price now
−59.1%
Since issue price
30 Dec 2022
Listed on
3.09×Subscribed (final) · all exchanges

3.1 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹234 – ₹247
Cut-off price₹247
Issue size₹475 Cr
Shares per lot60
Minimum application₹14,820
Minimum quantity60
Face value₹10
Listing exchanges
ISININE050401020
Bidding hours10:00 – 17:00 IST
Bidding window20 Dec 2022 – 22 Dec 2022

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.