Elin Electronics IPO

Elin Electronics Limited

₹14,040 /60 sharesMinimum Investment

Elin Electronics IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
BSE & NSE₹247.00₹244.00-₹3.00 (1.21%)
Elin Electronics IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
20 Dec ‘22 - 22 Dec ‘22₹14,04060₹234 - ₹247
Issue SizeIPO Doc
475.00CrRHP PDF
Subscription Status As on 22 Dec '22, 5:05 PMQualified Institutional Buyers
4.51x
Non-Institutional Investor
3.29x
Retail Individual Investor
2.20x
Total
3.09x
About Elin ElectronicsElin Electronics Limited is a leading electronics manufacturing services (EMS) manufacturer of end-to-end product solutions for major brands of lighting, fans, and small kitchen appliances in India, and one of the largest fractional horsepower motors manufacturers in India. In addition, it is one of the key players in LED lighting and flashlight. The company manufactures and assembles a wide array of products and provides end-to-end product solutions. It serves under both original equipment manufacturer (OEM) and original design manufacturer (ODM) business models.;
Parent Organisation
Elin Electronics Limited
Founded
1982
Managing Director
Kamal Sethia
IPO Review: KFin Technologies Limited | Elin Electronics Limited | Should you apply?
Strengths & Risks
Here are some strengths of Elin Electronics Limited:
Established market position in key verticals including leadership in fractional horsepower motors
Diversified products resulting in a de-risked business model
Entrenched relationships with a marquee customer base
High degree of backward integration resulting in higher efficiencies, enhanced quality of products and customer retention capability
Consistent and strong track record of financial performance
Here are some risk factors associated with Elin Electronics Limited:
Dependence on certain key customers for a substantial portion of its revenues.
Inability to manage the expansion of its products range, customer base, and manufacturing capacities, and execute its growth strategy in a timely manner or within budget estimates, or inability to meet the expectations to track the changing preferences of customers or other stakeholders.
No firm and long-term volume purchase commitments from its customers.
Inability to renew quality accreditations in a timely manner.
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹234 - 247₹2 Lakh
For Elin Electronics IPO, eligible investors can apply as Regular.

Listed On	Issue Price	Listing Price	Listing Gains
BSE & NSE	₹247.00	₹244.00	-₹3.00 (1.21%)

Bidding Dates	Min. Investment	Lot Size	Price Range
20 Dec ‘22 - 22 Dec ‘22	₹14,040	60	₹234 - ₹247

Issue Size	IPO Doc
475.00Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹234 - 247	₹2 Lakh

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Bengaluru – 560103
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