Incorporated in 2012, Elfin Agro India is a Rajasthan-based FMCG player specializing in wheat-based products and mustard oil. The company is famous for its flagship brands “Shiv Nandi” and “ELFIN’S Shri Shyam BHOG”.
| Event | Date |
|---|---|
| IPO Opens | Thursday, Mar 5, 2026 |
| IPO Closes | Monday, Mar 9, 2026 |
| Basis of Allotment | Tuesday, Mar 10, 2026 |
| Refund / Share Credit | Wednesday, Mar 11, 2026 |
| Tentative Listing Date | Thursday, Mar 12, 2026 |
| Application Type | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Minimum) | 2 Lots | 6,000 | ₹2,82,000 |
| Retail (Maximum) | 2 Lots | 6,000 | ₹2,82,000 |
| HNI (Minimum) | 3 Lots | 9,000 | ₹4,23,000 |
| Period Ended | Total Assets | Income | PAT (Profit) | EBITDA | Net Worth |
|---|---|---|---|---|---|
| 31-Dec-2025 (9M) | 42.39 | 117.72 | 3.98 | 6.68 | 17.76 |
| 31-Mar-2025 | 33.44 | 146.44 | 5.08 | 7.54 | 13.78 |
| 31-Mar-2024 | 24.69 | 124.71 | 3.68 | 5.82 | 8.70 |
| 31-Mar-2023 | 20.90 | 101.45 | 1.81 | 3.11 | 5.02 |
Key Performance Indicators
ROCE: 47.93% (FY25)
ROE: 36.86% (FY25)
PAT Margin: 3.39%
Debt/Equity: 0.71 (Dec-25)
P/E Ratio (Post): 17.2x
Issue Structure
Total Issue Size: 53.25 Lakh Shares
Fresh Issue: 100% (₹25.03 Cr)
Promoter Holding (Post): 72.59%
Market Maker: Shilpa Stock Broker
Face Value: ₹5 per share
Incorporated in 2012, Elfin Agro India is a Rajasthan-based FMCG player specializing in wheat-based products and mustard oil. The company is famous for its flagship brands “Shiv Nandi” and “ELFIN’S Shri Shyam BHOG”.
Products: Chakki Atta, Semolina (Sooji), Maida, and Mustard Oil. They operate two advanced manufacturing units in Bhilwara, Rajasthan, and have a footprint across 8 states and 2 Union Territories.
- ₹19.33 Cr: Meeting Working Capital Requirements.
- ₹3.50 Cr: General Corporate Expenses and Expansion.
Website: elfinagroindia.com