Ellenbarrie Industrial Gases IPO Listing Today: GMP Trend & Expert Forecasts Signal Big Debut Buzz

Ellenbarrie Industrial Gases IPO Listing: Today’s Date, GMP & Expert Insights

The Ellenbarrie Industrial Gases IPO listing is live today, July 1, 2025, beginning at 10:00 AM IST on both BSE and NSE. Investors keenly watched this debut, especially after its 22.19 times oversubscription and a robust grey market premium (GMP) of ₹57, hinting at a listing pop near ₹457—14.25% above the ₹400 issue price.

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What to Expect: Ellenbarrie Industrial Gases IPO Listing Timing & Platform Details

Trading in Ellenbarrie Industrial Gases IPO listing will commence during a special pre-open session on both stock exchanges at 10 AM. The BSE has confirmed that securities will trade within the ‘B’ group of equities. Shares were credited to demat accounts on June 30, with refunds issued the same day for unsuccessful bids.

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Oversubscription & GMP Signals Ahead of IPO Listing

The IPO was subscribed 22.19 times overall, driven by institutional enthusiasm:

• QIBs: 64.23×
• NIIs: 15.21×
• Retail investors: 2.14×

Experts, including Gaurav Goel of Fynocrat Technologies, expect a 5–6% listing premium above the ₹400 issue, backed by healthy demand and strong financials. The GMP climbed to ₹57, suggesting a debut around ₹457.

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Grey Market Premium: A Reliable Indicator for the IPO Listing

The Ellenbarrie Industrial Gases IPO listing has seen a rising GMP trend, fluctuating between ₹0 and ₹58 over the last 18 sessions. Although GMPs are unofficial, they reflect investor sentiment. A ₹57 GMP typically signals a strong listing of around ₹457—supported by current bullish projections.

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Stellar Debut: Actual IPO Listing Gains

True to predictions, Ellenbarrie Industrial Gases IPO listing on July 1 saw sharp gains:

• BSE: Opened at ₹492 (+23%)
• NSE: Debuted at ₹486 (+21.5%).

These led to further intraday momentum:

• Shares surged ~10% to ₹534.60 on NSE, hitting upper circuit.
• As of 11:20 AM, BSE price reached ₹541.20, up 33.6% from issue .

This marks one of the strongest listing performances in recent times.

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Financial Strength Behind the IPO Listing Surge

Analysts attribute the impressive IPO listing performance to Ellenbarrie’s financials:

• FY25 profit after tax soared 84% to ₹83.29 cr
• Revenue grew 20% to ₹348.43 cr
• EBITDA margin: 36%, net margin: 27%—among the strongest in its industry.

Harshal Dasani of INVasset noted the high valuation (≈80× FY25 EPS) but believes investor confidence is well-founded given the company’s margins and core presence.

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IPO Details: Funds, Usage & Business Focus

The Ellenbarrie Industrial Gases IPO listing comprises a total of ₹852 cr, including:

• ₹400 cr fresh issue
• ₹452.5 cr OFS by promoters Padam Kumar Agarwala and Varun Agarwal.

Use of proceeds:

• ₹210 cr for debt repayment (₹264.2 cr as of April 2025)
• ₹104.5 cr for setting up a 220 TPD air separation unit at Uluberia‑II
• Balance allocated for general corporate purposes.

Firm has eight production facilities and over 1,800 clients across ₹40+ years in specialty gases.

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Valuation & Market Feedback Post IPO Listing

Although Ellenbarrie Industrial Gases IPO listing valuation is steep (~67–80× FY25 earnings), experts argue this reflects future growth potential rather than hype financialexpress.com+15m.economictimes.com+15livemint.com+15.

Long-term success hinges on delivering on growth plans, leveraging niche specialty gas demand, and maintaining high margin discipline.

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What Investors Should Know After the IPO Listing

1. Listing Strength: A strong debut confirms investor faith in the IPO and company fundamentals.
2. GMP vs. Listing: Actual performance exceeded GMP expectations, signaling pent-up demand.
3. Valuation Check: Watch if future earnings validate current premium multiples.
4. Executional Eye: Tracking revenue from new facilities, client retention, and debt reduction will be key.

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Conclusion: Ellenbarrie Industrial Gases IPO Listing Sets a Promising Tone

The Ellenbarrie Industrial Gases IPO listing has delivered a standout debut, combining institutional demand, grey market momentum, and solid financials. Listing at ₹492 on BSE and ₹486 on NSE demonstrates robust market confidence.

Future performance will depend on execution and sustaining margins. For long-term investors, Ellenbarrie is a company with strong fundamentals and clarity of strategy. However, given its high valuation, prudent monitoring of quarterly results and industrial demand trends is essential.

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