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Elfin Agro India Ltd.

SMEBSE
ListedListed on 12 Mar 2026+0.6%

₹47

TBA

6000 Shares

₹ 2,82,000

₹5

Financial Summary

Standalone(in ₹ million)
ParticularsFY 2025-26FY 2024-25
17,677.6814,586.34
53.5657.64
17,731.2414,643.98
16,763.9913,834.53
771.04674.84
576.98503.03

Subscription Details

Subscription data not yet available

IPO Timeline

IPO Offer Start

5 Mar 2026

IPO Offer Ends

9 Mar 2026

12 Mar 2026

Use of Proceeds

#PurposeAmount (₹ Million)
1Working Capital Requirements193.261

Promoters

Vimal Kumar DagaDeepak Pal DagaSeema DagaNeetu DagaVimal Kumar Ayush Pal Daga HUFVimal Kumar Deepak Pal Daga HUFDeepak Pal Harsh Kumar Daga HUF

Book Running Lead Managers

Finshore Management Services Ltd.

Promoter Shareholding

Pre-IPO

100.00%

Promoter stake

Post-IPO

72.59%

Promoter stake

Offered to Public

53,25,000

shares

Post Share Capital

1,41,00,000

shares

IPO Registrar

Cameo Corporate Services Ltd

About the Company

We also engage in the trading of certain agro-products, including Chana, Maize, Soyabean Refined Oil, Rice Bran Refined Oil, Wheat, cattle feed, groundnut oil etc based on the prevailing market conditions. This not only allows us to augment our revenues and minimize product and inventory wastage but also enables us to capitalize on market opportunities by selling goods for which certain consumers are willing to pay premium prices. Our Company aims at achieving minimal wastage in our manufacturing units, wherein waste material/ or the by-products viz., wheat bran generated during the manufacturing process from our flour processing unit is sold as cattle feed and Mustard Seed Oil Cake is sold to nearby De-Oiled Cake (DOC) plants. Wheat Bran generated at our Flour Processing Unit is primarily sold in the states of Uttar Pradesh, Uttarakhand, Haryana, Rajasthan, Gujarat and Punjab and the Union Territory of Chandigarh while mustard oil cakes generated at our Mustard oil Processing Unit are sold to de-oiled plants located in the states of Rajasthan and Gujarat. Therefore, in this manner we commercialise all the by-products as well as waste material generated at our Manufacturing Units. Further, leftover bags in which the raw material is packed and dispatched to us, are either re-used by our Company in its manufacturing operations or for packing of finished products. However, if the aforementioned bags are torn or are unfit for reuse, we sell such bags to ensure effective waste management. Some of the activities carried out at our processing units including but not limited to, loading, un-loading, packaging, etc. are outsourced to contractors who charge us on a per head basis of the labourers deployed by them at our facilities. We also procure groundnut oil in bulk tankers form third part suppliers and repackage it into smaller containers. This strategic initiative has been undertaken to enhance brand visibility and diversify our range of edible oil products.

Use of Proceeds

A. To meet Working Capital Requirements B. General Corporate Purposes

IPO FAQs

The Elfin Agro India Ltd. IPO is priced at ₹47 per share. bids must fall within this , against a of ₹5 per share.

The for the Elfin Agro India Ltd. IPO is 6,000 shares, which is also the minimum order quantity — you have to apply for at least 6,000 shares, and in multiples of 6,000 beyond that.

The minimum investment in the Elfin Agro India Ltd. IPO is about ₹2,82,000 — one lot of 6,000 shares, calculated at the lower end of the .

Bidding at the cut-off or upper price raises the amount blocked in your account.

The Elfin Agro India Ltd. opens on 5 Mar 2026 and closes on 9 Mar 2026.

Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.

Elfin Agro India Ltd. shares were listed on 12 Mar 2026 on BSE.

Cameo Corporate Services Ltd is the for the Elfin Agro India Ltd. IPO.

The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone 044-28460390/28460394.

Elfin Agro India Ltd. IPO shares are listed on BSE.

Each Elfin Agro India Ltd. share has a of ₹5.

Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.

held 100.00% of Elfin Agro India Ltd. before the IPO, which falls to 72.59% after the issue.

53,25,000 shares of Elfin Agro India Ltd. are being offered to the public in this issue.

A. To meet Working Capital Requirements B. General Corporate Purposes

Finshore Management Services Ltd. is the book running lead manager for the Elfin Agro India Ltd. IPO.

Pre-apply means placing your Elfin Agro India Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.

Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.

You can apply in the Elfin Agro India Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.

Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.

Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.

You can check the Elfin Agro India Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.