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December 20, 2022 - December 22, 2022

Elin Electronics IPO FAQ

Elin Electronics IPO Date & Price

The Elin Electronics IPO opens on December 20, 2022 and closes on December 22, 2022.

Elin Electronics IPO timetable / schedule is as below:
  • Bid/Offer Opens On: December 20, 2022
  • Bid/Offer Closes On: December 22, 2022
  • Finalization of Basis of Allotment: December 27, 2022
  • Initiation of refunds: December 28, 2022
  • Credit of Equity Shares: December 29, 2022
  • Listing Date: December 30, 2022

Elin Electronics IPO price is set at ₹247 per equity share.

Elin Electronics IPO will close for subscription at 5 PM on December 22, 2022. But most brokers stop accepting application between 1 PM to 3 PM.

The Elin Electronics IPO starts on December 20, 2022. The issue ends on December 22, 2022.

Elin Electronics IPO Issue Size and Subscription Status

The Elin Electronics IPO size is Equity Shares of ₹5 aggregating up to ₹475.00 Cr.

Elin Electronics Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Elin Electronics IPO shares through the banks (using ASBA) or through the broker (using UPI).

Elin Electronics IPO Offer Size

Qualified Institutional Buyers (QIB)4,059,824 Shares
Non-Institutional Investors (NII)3,044,869 Shares
Retail Individual Investor (RII)7,104,693 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size14,209,386 Shares

Elin Electronics IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)4.51 times times
Non-Institutional Investors (NII)3.29 times times
Retail Individual Investor (RII)2.20 times times
Employee Reservations times
Other Reservations times
Total Issue Size3.09 times times

Click here to check the Elin Electronics IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Elin Electronics IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Elin Electronics IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Elin Electronics IPO Allotment and Listing

The Elin Electronics IPO allot status will be available online on December 27, 2022. Check the Elin Electronics IPO Allotment Status here.

Click here to check Elin Electronics IPO Allotment Status.

Elin Electronics IPO listing Date is December 30, 2022. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Elin Electronics IPO listing date and time is published by the exchange in a circular.

Click here to view the Elin Electronics IPO Basis of Allotment.

It is hard to say at what price Elin Electronics IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Elin Electronics IPO shares will list on December 30, 2022 at BSE, NSE.

Elin Electronics IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Elin Electronics IPO which could help you with questions like Elin Electronics IPO buy or not? You should also read Elin Electronics IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Elin Electronics IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Elin Electronics IPO performance. The performance reports are available 1 day after listing.