GMP IPO Watch
Elfin Agro India IPO: A "Staple" SME Play Opens Today
Rajasthan-based Elfin Agro India launches its ₹25.03 crore BSE SME IPO today, March 5, 202...
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E
SME IPO
LISTED
NSE, BSE
ELFIN
Elfin Agro IPO
Elfin Agro IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹0.3
+0.6%
Est. Listing: ₹47.30
Price Band
₹47
Per equity share
Lot Size
3000 Shares
Min Invest: ₹2,82,000
Issue Size
₹47 Cr
Total Public Offering
Issue Dates
4 March 2026 – 8 March 2026
Bidding period
Subscription
0.47x
Total overall demand
Elfin Agro IPO Details
Key facts at a glance| IPO Open Date | 4 March 2026 | IPO Close Date | 8 March 2026 |
|---|---|---|---|
| Basis of Allotment | TBA | Listing Date | 11 March 2026 |
| Price Band | ₹47 per share | Face Value | ₹10 per share |
| Market Lot Size | 3000 Shares | Min Investment (Retail) | ₹2,82,000 |
| Total Issue Size | ₹47 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
Elfin Agro IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 4 March 2026 | Confirmed |
| IPO Close Date | 8 March 2026 | Confirmed |
| Basis of Allotment | TBA | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 11 March 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Elfin Agro IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 6,000 Shares | ₹2,82,000 |
| Retail (Max) | 2 Lots | 6,000 Shares | ₹2,82,000 |
| S-HNI (Min) | 3 Lots | 9,000 Shares | ₹4,23,000 |
| S-HNI (Max) | 7 Lots | 21,000 Shares | ₹9,87,000 |
| B-HNI (Min) | 8 Lots | 24,000 Shares | ₹11,28,000 |
Elfin Agro IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹0.3 +0.6%
Estimated Listing Price
₹47.30
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 6 Mar 2026 | ₹0 | ₹47.00 | +0.00% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Elfin Agro IPO Subscription Status
Demand breakdown by investor category
Retail
0.13x
QIB
0.81x
NII / HNI
—
Total
0.47x
About Elfin Agro
Elfin Agro IPO Reservation & Share Quotas
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | – Shares | – % |
| QIB (Ex. Anchor) | – Shares | – % |
| NII (HNI) | 25,20,000 Shares | 47.32% |
| Retail | 25,38,000 Shares | 47.66% |
Elfin Agro IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 05 Mar 2026 |
| IPO Close Date | 09 Mar 2026 |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 12 Mar 2026 |
Note: The timeline for एल्फिन एग्रो IPO is tentative and subject to change.
Elfin Agro IPO Promoters & Holding Pattern
Promoters of the Company:
Mr. Vimal Kumar Daga, Mr. Deepak Pal Daga, Mrs. Seema Daga, Mrs. Neetu Daga, M/s. Vimal Kumar Ayush Pal Daga HUF, M/s. Vimal Kumar Deepak Pal Daga HUF and M/s. Deepak Pal Harsh Kumar Daga HUF.
Mr. Vimal Kumar Daga, Mr. Deepak Pal Daga, Mrs. Seema Daga, Mrs. Neetu Daga, M/s. Vimal Kumar Ayush Pal Daga HUF, M/s. Vimal Kumar Deepak Pal Daga HUF and M/s. Deepak Pal Harsh Kumar Daga HUF.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,41,00,000 | 100% |
| Promoter Holding Post Issue | 1,94,25,000 | 72.59% |
Elfin Agro Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
About Elfin Agro IPO
Set up in 2009, Elfin Agro India is one of the growing companies involved in the manufacturing of Chakki Atta (High fibre whole wheat flour), R Atta (Refined whole wheat flour), Tandoori Atta (Specialized flour), Sooji (Semolina flour), Maida (Refined Flour), and yellow mustard oil. The firm sells its products under the brand “Shiv Nandi” and “ELFIN’S Shri Shyam BHOG” to various wholesalers and retailers in Rajasthan, Uttar Pradesh, Gujarat, etc.
Elfin Agro has a flour manufacturing unit in Bhilwara, which handles grading, sorting, and packaging of raw wheat. Moreover, the firm is also involved in the extraction, refining, and manufacturing of mustard oil seeds. Along with wheat flour, the firm also trades Chana, Maize, Soyabean Refined Oil, Rice Bran Refined Oil, Wheat, cattle feed, groundnut oil, and other various agro-products.
Elfin Agro Company Financial Report
To Be Updated Soon
Elfin Agro Company Valuation & Key Performance Indicators
To Be Updated Soon
Elfin Agro Peer Group Comparison
To Be Updated Soon
Elfin Agro Lead Managers & Merchant Bankers
IPO Lead Managers aka Merchant Bankers
- Finshore Management Services Ltd.
Elfin Agro IPO FAQs
Elfin Agro IPO opens for subscription on 4 March 2026 and closes on 8 March 2026.
The price band for Elfin Agro IPO is set at ₹47.00 per share.
The minimum market lot size is 3000 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 6,000 Shares (₹2,82,000).
The latest Grey Market Premium (GMP) for Elfin Agro IPO is ₹0.30. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Elfin Agro IPO is tentatively scheduled for TBA, and shares are expected to list on the stock exchanges on 11 March 2026.
The registrar details will be confirmed in the official prospectus.
Elfin Agro IPO Analysis & Articles