Ellenbarrie Industrial Gases IPO price band: The Ellenbarrie Industrial Gases Limited IPO price band has been fixed in the range of ₹380 to ₹400 per equity share of the face value of ₹2. The Ellenbarrie Industrial Gases IPO date of subscription is scheduled for Tuesday, June 24 and will close on Thursday, June 26. The allocation to anchor investors for the Ellenbarrie Industrial Gases IPO is scheduled to take place on Monday, June 23.
The floor price is 190 times the face value of the equity shares and the cap price is 200 times the face value of the equity shares. The Ellenbarrie Industrial Gases IPO lot size is 37 equity shares and in multiples of 37 equity shares thereafter.
Ellenbarrie Industrial Gases IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors.
Tentatively, Ellenbarrie Industrial Gases IPO basis of allotment of shares will be finalised on Friday, June 27 and the company will initiate refunds on Monday, June 30 while the shares will be credited to the demat account of allottees on the same day following refund. Ellenbarrie Industrial Gases share price is likely to be listed on BSE and NSE on Tuesday, July 1.
Ellenbarrie Industrial Gases is a company based in India that focuses on the manufacturing and distribution of industrial, medical, and specialty gases. The firm supplies critical gases including oxygen, carbon dioxide, acetylene, nitrogen, helium, hydrogen, argon, and nitrous oxide.
In addition to these, the company provides dry ice, synthetic air, fire-extinguishing gases, medical oxygen, liquefied petroleum gas (LPG), welding gas mixtures, and specialty gases, catering to diverse industries.
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