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Elfin Agro India
Price Band
₹
Issue Size
₹25.03 Cr
Lot Size
3,000 shares
Min Investment
₹282,000
GMP
+₹0.0 (0.0%)
Issue Price
₹47.0
calendar_month Important Dates
bar_chart Subscription Status
Subscription data unavailable
trending_up Grey Market Premium (GMP)
GMP
₹0.0
GMP %
0.0%
Est. Listing
₹47.0
schedule Updated: 14 Jul 2026 15:52
Share GMP:
business About the Company
Elfin Agro India Limited operates in the agro-processing sector, with a primary focus on manufacturing and marketing a variety of wheat-based food products and edible oils. The company produces Chakki Atta (high-fibre whole wheat flour), Refined Wheat Flour (R Atta), Tandoori Atta, Sooji (semolina), Maida (refined flour), and yellow mustard oil. Its processed wheat flour products are marketed under the brands “Shiv Nandi” and “ELFIN’S Shri Shyam BHOG,” reaching wholesalers and retailers across states such as Rajasthan, Uttar Pradesh, and Gujarat. In addition to flour manufacturing, the company is involved in the extraction, filtration, and production of edible mustard oil using raw mustard seeds as the primary input. The mustard oil is sold under the “Shiv Nandi” brand name. Elfin Agro India Limited also undertakes trading activities in selected agro-commodities depending on market conditions. These include chana, maize, soybean refined oil, rice bran refined oil, wheat, cattle feed, and groundnut oil. The company serves customers across eight states—Gujarat, Haryana, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Uttar Pradesh, and Uttarakhand—as well as the Union Territories of Chandigarh and Delhi. Competitive strengths Strategically located processing facilities Strong installed production capacity with cost-efficient operations and timely order execution Extensive distribution network with presence across multiple retail channels Established and long-standing customer relationships Ability to offer customized solutions with operational flexibility
payments Company Financials (₹ Cr)
As of 2025-12-31
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 42.39 | 33.44 | 24.69 | 20.90 |
| Total Income | 117.72 | 146.44 | 124.71 | 101.45 |
| Profit After Tax | 3.98 | 5.08 | 3.68 | 1.81 |
| EBITDA | 6.68 | 7.54 | 5.82 | 3.11 |
| NET Worth | 17.76 | 13.78 | 8.70 | 5.02 |
| Reserves and Surplus | 10.71 | 6.73 | 7.29 | 3.61 |
| Total Borrowing | 12.69 | 12.19 | 7.60 | 7.23 |
Key Ratios
EPS
₹3.60
NAV
₹9.77
ROE
36.86%
ROCE
47.93%
RoNW
36.86%
P/B Value
4.81
P/E Ratio
13.05
Market Cap
₹91.30 Cr
PAT Margin
3.48%
Debt/Equity
0.88
Promoters
Vimal Kumar Daga, Deepak Pal Daga, Seema Daga, Neetu Daga, Vimal Kumar Ayush Pal Daga (HUF), Vimal Kumar Deepak Pal Daga (HUF) and Deepak Pal Harsh Kumar Daga (HUF)
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Working Capital Requirements 19.33 2 General Corporate Expenses 3.50 3 Issue Expenses 2.20 Total 25.03
info Issue Details
pie_chart Investor Allocation
Registrar
Lead Managers / Book Running
timeline IPO Timeline
Open
05 Mar 2026
Close
09 Mar 2026
Allotment
10 Mar 2026
Listing
12 Mar 2026