Elfin Agro India Ltd. IPO
IPO Timeline
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5 Mar 2026Bidding Starts
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9 Mar 2026Bidding Ends
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10 Mar 2026Allotment Finalization
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12 Mar 2026Listing
About Elfin Agro India Ltd.
Our Company is primarily engaged in the business of 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. As on the date of this prospectus, our Company has two manufacturing units that are situated at Bhilwara, Rajasthan, viz., (i) Flour Processing Unit and (ii) Mustard oil Processing Unit. We also engage in the trading of certain agro products, including Chana, Maize, Soyabean Refined Oil, Wheat, Groundnut Oil, etc based on the prevailing market conditions. Our Company has a well-diversified customer base catering to various segments like B2B Clients, Wholesalers, Traders, Retailers and Individual consumers.
All our manufacturing facilities are registered with FSSAI and also ISO 22000:2018 certified. Further our facilities are strategically located to optimise the sourcing of our raw materials and to enable efficient logistics management.
Elfin Agro India Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Market Makers | 2,67,000 (5.01%) |
| Non Institutional Investors | 25,20,000 (47.32%) |
| Retail Individual Investors (RIIs) | 25,38,000 (47.66%) |
Elfin Agro India Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2026 | 177.31 Cr | 5.77 Cr | 33.86 Cr |
| 31 Mar 2025 | 146.44 Cr | 5.08 Cr | 6.73 Cr |
| 31 Mar 2024 | 124.71 Cr | 3.68 Cr | 7.29 Cr |
Elfin Agro India Ltd. Background
Our company was originally incorporated as a Private Limited Company under the name “Ravija Sulz Private Limited” on July 28, 2009, in accordance with the Companies Act, 1956 bearing Corporate Identification Number U17119RJ2009PTC029463 issued by Registrar of Companies - Rajasthan. Subsequently the name of our company was changed to “Elfin Agro India Private Limited” vide a fresh Certificate of Incorporation consequent upon Change of Name dated June 05, 2012 bearing Corporate Identification Number U15132RJ2009PTC029463 issued by Registrar of Companies – Rajasthan. Subsequently on November 18, 2024, our company got converted into a public limited company, resulting in a name change to “Elfin Agro India Limited” vide a fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company bearing Corporate Identification Number U15132RJ2009PLC029463, issued by the Registrar of Companies, Central Processing Centre.
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2009Company incorporated as a Private Limited Company in the name of “Ravija Sulz Private Limited”
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2012Name changed from “Ravija Sulz Private Limited” to “Elfin Agro India Private Limited”
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2013Flour processing unit was set up at F-250 and F-251 RIICO Growth Centre, Bhilwara
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2019Ownership assumed by Daga Family
Purchased a Dal Processing Unit at Plot No. G1-407 & G1-408, RIICO Growth Centre, Bhilwara (“RIICO Land”) vide an auction conducted by Bank of Baroda
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2020Commencement of commercial production of Dal Mill
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2022Discontinuation of operations of Dal Mill on account of low margins.
Company had installed the Mustard oil Processing Unit at F-252 and F-253 RIICO Growth Centre, Bhilwara
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2023Increase in Capacity of Flour processing unit from 36,500 MTPA to 47,450 MTPA
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2024Company converted from Private to Public Limited Company and name changed from “Elfin Agro India Private Limited” to “Elfin Agro India Limited”
1. Working Capital Requirement
2. General Corporate Expenses
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | ₹ 47.00 | - |
| Open | ₹ 47.30 | - |
| Low | ₹ 47.30 | - |
| High | ₹ 48.05 | - |
| Last Trade | ₹ 47.60 | - |
1. Mr. Vimal Kumar Daga
2. Mr. Deepak Pal Daga
3. Mrs. Seema Daga
4. Mrs. Neetu Daga
5. M/S. Vimal Kumar Ayush Pal Daga HUF
6. M/S. Vimal Kumar Deepak Pal Daga HUF
7. M/s. Deepak Pal Harsh Kumar Daga HUF
In India, agriculture is the primary source of livelihood for ~55% of the population. Factors contributing to the sharp growth in demand for processed foods include increasing urbanization, increasing disposable incomes, changing spending patterns/ priorities, the emergence of nuclear families, ... Read more
FAQs
When does Elfin Agro India Ltd. IPO opens and closes?
Elfin Agro India Ltd. IPO opens from 5th March to 9th March 2026.What is the size of Elfin Agro India Ltd. IPO?
The size of the Elfin Agro India Ltd. IPO is ₹25.03 Cr.What is the minimum investment and lot size required for the Elfin Agro India Ltd. IPO?
The minimum investment required is ₹1,41,000 and minimum lot size is 3000 shares.When is Elfin Agro India Ltd. IPO listing date?
The Elfin Agro India Ltd. IPO will be listed on 12th March 2026.What is the objective of Elfin Agro India Ltd. IPO?
1. Working Capital Requirement2. General Corporate Expenses
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