Ellenbarrie Industrial Gases Limited IPO Review
Neutral380-400 · Mainboard
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Analyst Verdict
Ellenbarrie Industrial Gases Limited IPO
Neutral
IPO at a Glance
Price Band
380-400
Issue Size
852cr
Opens
2025-06-22
Closes
2025-06-24
Listing
2025-06-29
Category
Mainboard
Key Strengths
✓Established legacy with over five decades in the industrial gases sector.
✓Diverse product portfolio catering to multiple industries, including healthcare, defense, and energy.
✓Extensive manufacturing and distribution network across Eastern and Southern India.
✓Strong client base featuring prominent organizations like AIIMS and the Indian Armed Forces.
✓Significant investment in infrastructure, including a large fleet of cryogenic transport tankers and modern filling stations.
Key Risks
⚠High capital expenditure requirements for setting up and maintaining manufacturing facilities.
⚠Exposure to fluctuations in raw material prices and energy costs affects production expenses.
⚠Dependence on regulatory approvals and compliance with environmental and safety standards.
⚠Potential risks associated with the transportation and handling of hazardous gases.
⚠Market competition from both domestic and international industrial gas suppliers.
Frequently Asked Questions
Should I apply for Ellenbarrie Industrial Gases Limited IPO?
Based on our analysis, our rating for Ellenbarrie Industrial Gases Limited IPO is: Neutral. Review the full analysis including strengths, risks, and financials on CheckIPO before making a decision.
What are the key risks of Ellenbarrie Industrial Gases Limited IPO?
High capital expenditure requirements for setting up and maintaining manufacturing facilities. Exposure to fluctuations in raw material prices and energy costs affects production expenses. Dependence on regulatory approvals and compliance with environmental and safety standards.
What are the strengths of Ellenbarrie Industrial Gases Limited IPO?
Established legacy with over five decades in the industrial gases sector. Diverse product portfolio catering to multiple industries, including healthcare, defense, and energy. Extensive manufacturing and distribution network across Eastern and Southern India.
What is the price band of Ellenbarrie Industrial Gases Limited IPO?
The price band for Ellenbarrie Industrial Gases Limited IPO is 380-400. The IPO has closed.
Full Analysis Available
Financials, DRHP breakdown, peer comparison, shareholding pattern & more