Elfin Agro India IPO

Elfin Agro India Ltd. is a fixed-price issue of ₹25.03 crore, entirely a fresh issue of 0.53 crore shares. The price of this IPO is fixed at ₹47 per share and the lot size for an application is 3,000. The minimum amount required by an individual investor (retail investor) is ₹2,82,200 (6,000 shares). This IPO will open for subscription from March 5 to 9, 2026, on the BSE SME platform with a tentative listing date fixed as March 12, 2026.

Company Background

Elfin Agro India Ltd. was incorporated in 2009 at Bhilwara, Rajasthan. It has grown from a small private company to a strong agro-processing public company. It deals in the manufacture of premium wheat products such as Chakki Atta, Maida and Sooji. After a strategic takeover in 2019, the company ventured into the business of mustard oil extraction and pulse processing.