{"id":10923,"date":"2026-03-10T09:01:52","date_gmt":"2026-03-10T09:01:52","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/?p=10923"},"modified":"2026-03-10T09:01:53","modified_gmt":"2026-03-10T09:01:53","slug":"elfin-agro-india-ipo-allotment-status","status":"publish","type":"post","link":"https:\/\/lemonn.co.in\/blog\/ipo\/elfin-agro-india-ipo-allotment-status\/","title":{"rendered":"Elfin Agro India IPO Allotment Status, GMP, Subscription &#038; How to Verify"},"content":{"rendered":"<figure class=\"wp-block-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"890\" height=\"593\" src=\"https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/03\/Elfin-Agro-India-IPO-Allotment-Status.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Elfin Agro India IPO Allotment Status, GMP, Subscription &amp; How to Verify\" style=\"object-fit:cover;\" srcset=\"https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/03\/Elfin-Agro-India-IPO-Allotment-Status.png 890w, https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/03\/Elfin-Agro-India-IPO-Allotment-Status-300x200.png 300w, https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/03\/Elfin-Agro-India-IPO-Allotment-Status-768x512.png 768w, https:\/\/lemonn.co.in\/blog\/wp-content\/uploads\/2026\/03\/Elfin-Agro-India-IPO-Allotment-Status-150x100.png 150w\" sizes=\"auto, (max-width: 890px) 100vw, 890px\" \/><\/figure>\n\n\n<p>The <strong>Elfin Agro India IPO allotment status<\/strong> is expected to be finalized soon after the subscription period closes. Investors who applied for the IPO can check whether they received shares through the registrar website or stock exchange portal.<\/p>\n\n\n\n<p>This article explains everything investors need to know, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Latest <strong>Elfin Agro India IPO GMP<\/strong><\/li>\n\n\n\n<li><strong>IPO subscription and demand<\/strong><\/li>\n\n\n\n<li><strong>Allotment and listing timeline<\/strong><\/li>\n\n\n\n<li>Step by step guide to <strong>check allotment status online<\/strong><\/li>\n<\/ul>\n\n\n\n<p>If you applied for the IPO, checking your allotment status is the next important step before listing.<\/p>\n\n\n\n<h2 id='elfin-agro-india-ipo-key-details'  id=\"boomdevs_1\" class=\"wp-block-heading\">Elfin Agro India IPO Key Details<\/h2>\n\n\n\n<p>Here are the verified details of the IPO.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>IPO Detail<\/th><th>Information<\/th><\/tr><\/thead><tbody><tr><td>Company<\/td><td>Elfin Agro India Ltd<\/td><\/tr><tr><td>IPO Type<\/td><td>SME IPO<\/td><\/tr><tr><td>Exchange<\/td><td>BSE SME<\/td><\/tr><tr><td>IPO Open Date<\/td><td>5 March 2026<\/td><\/tr><tr><td>IPO Close Date<\/td><td>9 March 2026<\/td><\/tr><tr><td>Allotment Date<\/td><td>10 March 2026 (expected)<\/td><\/tr><tr><td>Listing Date<\/td><td>12 March 2026 (tentative)<\/td><\/tr><tr><td>Issue Size<\/td><td>\u20b925.03 crore<\/td><\/tr><tr><td>Total Shares<\/td><td>53,25,000 shares<\/td><\/tr><tr><td>Face Value<\/td><td>\u20b95 per share<\/td><\/tr><tr><td>IPO Price<\/td><td>\u20b947 per share<\/td><\/tr><tr><td>Issue Type<\/td><td>Fixed price issue<\/td><\/tr><tr><td>Registrar<\/td><td>Cameo Corporate Services Ltd<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The IPO consists entirely of a <strong>fresh issue of shares<\/strong>, which means the company will receive the funds raised from the offering.<\/p>\n\n\n\n<h2 id='elfin-agro-india-ipo-lot-size-and-minimum-investment'  id=\"boomdevs_2\" class=\"wp-block-heading\">Elfin Agro India IPO Lot Size and Minimum Investment<\/h2>\n\n\n\n<p>Investors had to apply for shares in fixed lot sizes.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Category<\/th><th>Lot Size<\/th><th>Shares<\/th><th>Investment<\/th><\/tr><\/thead><tbody><tr><td>Retail Minimum<\/td><td>2 lots<\/td><td>6,000 shares<\/td><td>\u20b92,82,000<\/td><\/tr><tr><td>HNI Minimum<\/td><td>3 lots<\/td><td>9,000 shares<\/td><td>\u20b94,23,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The lot size for bidding is <strong>3,000 shares<\/strong>, but retail investors were required to apply for <strong>at least 6,000 shares<\/strong>.<\/p>\n\n\n\n<h2 id='elfin-agro-india-ipo-gmp-grey-market-premium'  id=\"boomdevs_3\" class=\"wp-block-heading\">Elfin Agro India IPO GMP (Grey Market Premium)<\/h2>\n\n\n\n<p>The <strong>Grey Market Premium (GMP)<\/strong> reflects the unofficial trading price of IPO shares before listing.<\/p>\n\n\n\n<p>Recent market trackers show that the <strong>GMP has remained near \u20b90 in the grey market<\/strong>, indicating neutral listing expectations.<\/p>\n\n\n\n<h3 id='estimated-listing-price'  id=\"boomdevs_4\" class=\"wp-block-heading\">Estimated Listing Price<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>IPO Price<\/th><th>GMP<\/th><th>Expected Listing<\/th><\/tr><\/thead><tbody><tr><td>\u20b947<\/td><td>\u20b90<\/td><td>Around \u20b947<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Important points about GMP:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>GMP changes daily based on demand.<\/li>\n\n\n\n<li>It is not an official indicator.<\/li>\n\n\n\n<li>Actual listing price can differ significantly.<\/li>\n<\/ul>\n\n\n\n<p>Investors should treat GMP only as <strong>market sentiment, not guaranteed profit<\/strong>.<\/p>\n\n\n\n<h2 id='elfin-agro-india-ipo-subscription-status'  id=\"boomdevs_5\" class=\"wp-block-heading\">Elfin Agro India IPO Subscription Status<\/h2>\n\n\n\n<p>The IPO received interest from retail and HNI investors. SME IPO subscription numbers typically vary significantly until the last day of bidding.<\/p>\n\n\n\n<p>The allocation structure of the IPO includes:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Investor Category<\/th><th>Reservation<\/th><\/tr><\/thead><tbody><tr><td>Retail Investors<\/td><td>47.66%<\/td><\/tr><tr><td>Non Institutional Investors<\/td><td>47.32%<\/td><\/tr><tr><td>Market Maker<\/td><td>5.01%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>A high subscription rate usually means <strong>lower allotment probability for individual investors<\/strong>, because more applications compete for limited shares.<\/p>\n\n\n\n<h2 id='elfin-agro-india-ipo-allotment-date-and-timeline'  id=\"boomdevs_6\" class=\"wp-block-heading\">Elfin Agro India IPO Allotment Date and Timeline<\/h2>\n\n\n\n<p>Below is the expected IPO timeline.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Event<\/th><th>Date<\/th><\/tr><\/thead><tbody><tr><td>IPO Open<\/td><td>5 March 2026<\/td><\/tr><tr><td>IPO Close<\/td><td>9 March 2026<\/td><\/tr><tr><td>Basis of Allotment<\/td><td>10 March 2026<\/td><\/tr><tr><td>Refund Initiation<\/td><td>11 March 2026<\/td><\/tr><tr><td>Shares Credited to Demat<\/td><td>11 March 2026<\/td><\/tr><tr><td>Listing Date<\/td><td>12 March 2026<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Once the allotment process is completed, investors can verify their status online through the registrar website or stock exchange portal.<\/p>\n\n\n\n<h2 id='how-to-check-elfin-agro-india-ipo-allotment-status'  id=\"boomdevs_7\" class=\"wp-block-heading\">How to Check Elfin Agro India IPO Allotment Status<\/h2>\n\n\n\n<p>Investors can verify their IPO allotment using <strong>three simple methods<\/strong>.<\/p>\n\n\n\n<h3 id='1-check-allotment-on-registrar-website'  id=\"boomdevs_8\" class=\"wp-block-heading\">1. Check Allotment on Registrar Website<\/h3>\n\n\n\n<p>The registrar for the IPO is <strong>Cameo Corporate Services Ltd<\/strong>.<\/p>\n\n\n\n<p>Steps to check allotment:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Visit the registrar IPO allotment page<\/li>\n\n\n\n<li>Select <strong>Elfin Agro India IPO<\/strong> from the dropdown list<\/li>\n\n\n\n<li>Choose one of the following options:\n<ul class=\"wp-block-list\">\n<li>Application number<\/li>\n\n\n\n<li>PAN number<\/li>\n\n\n\n<li>Demat account ID<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Enter the required details<\/li>\n\n\n\n<li>Click <strong>Submit<\/strong><\/li>\n<\/ol>\n\n\n\n<p>The system will display whether shares were allotted to your application.<\/p>\n\n\n\n<h3 id='2-check-allotment-on-bse-website'  id=\"boomdevs_9\" class=\"wp-block-heading\">2. Check Allotment on BSE Website<\/h3>\n\n\n\n<p>You can also verify the status through the stock exchange.<\/p>\n\n\n\n<p>Steps:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Visit the <strong>BSE IPO allotment page<\/strong><\/li>\n\n\n\n<li>Select <strong>Equity<\/strong><\/li>\n\n\n\n<li>Choose <strong>Elfin Agro India Ltd<\/strong><\/li>\n\n\n\n<li>Enter your <strong>application number or PAN<\/strong><\/li>\n\n\n\n<li>Complete the captcha<\/li>\n\n\n\n<li>Click <strong>Search<\/strong><\/li>\n<\/ol>\n\n\n\n<p>Your allotment status will appear on the screen.<\/p>\n\n\n\n<h3 id='3-check-allotment-through-your-broker-app'  id=\"boomdevs_10\" class=\"wp-block-heading\">3. Check Allotment Through Your Broker App<\/h3>\n\n\n\n<p>Most brokers provide IPO updates directly in their apps.<\/p>\n\n\n\n<p>Popular brokers include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Lemonn<\/li>\n\n\n\n<li>Groww<\/li>\n\n\n\n<li>Upstox<\/li>\n\n\n\n<li>Angel One<\/li>\n\n\n\n<li>ICICI Direct<\/li>\n<\/ul>\n\n\n\n<p>Simply go to the <strong>IPO section<\/strong> and check your order status.<\/p>\n\n\n\n<h2 id='what-happens-if-you-do-not-receive-allotment'  id=\"boomdevs_11\" class=\"wp-block-heading\">What Happens if You Do Not Receive Allotment?<\/h2>\n\n\n\n<p>If your application is unsuccessful, you do not need to take any action.<\/p>\n\n\n\n<p>The process works automatically:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>The <strong>blocked amount is released<\/strong><\/li>\n\n\n\n<li>Funds return to your bank account<\/li>\n\n\n\n<li>This usually happens within <strong>1 to 2 working days<\/strong><\/li>\n<\/ol>\n\n\n\n<p>After listing, investors can still buy shares directly from the stock exchange.<\/p>\n\n\n\n<h2 id='about-elfin-agro-india-limited'  id=\"boomdevs_12\" class=\"wp-block-heading\">About Elfin Agro India Limited<\/h2>\n\n\n\n<p><strong>Elfin Agro India Limited<\/strong> operates in the food processing and agricultural products sector.<\/p>\n\n\n\n<p>The company manufactures and processes several staple food products including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Chakki Atta<\/li>\n\n\n\n<li>Refined wheat flour<\/li>\n\n\n\n<li>Tandoori Atta<\/li>\n\n\n\n<li>Maida<\/li>\n\n\n\n<li>Sooji<\/li>\n\n\n\n<li>Yellow mustard oil<\/li>\n<\/ul>\n\n\n\n<p>The company sells its products to wholesalers and retailers across several states such as <strong>Rajasthan, Gujarat, and Uttar Pradesh<\/strong> under brands like <strong>Shiv Nandi<\/strong> and <strong>Elfin\u2019s Shri Shyam Bhog<\/strong>.<\/p>\n\n\n\n<p>Its manufacturing facility is located in <strong>Bhilwara, Rajasthan<\/strong>.<\/p>\n\n\n\n<h2 id='financial-performance-of-elfin-agro-india'  id=\"boomdevs_13\" class=\"wp-block-heading\">Financial Performance of Elfin Agro India<\/h2>\n\n\n\n<p>The company has shown steady growth in revenue and profit in recent years.<\/p>\n\n\n\n<h3 id='financial-highlights'  id=\"boomdevs_14\" class=\"wp-block-heading\">Financial Highlights<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Financial Year<\/th><th>Revenue<\/th><th>Profit After Tax<\/th><\/tr><\/thead><tbody><tr><td>FY23<\/td><td>\u20b9101.45 crore<\/td><td>\u20b91.81 crore<\/td><\/tr><tr><td>FY24<\/td><td>\u20b9124.71 crore<\/td><td>\u20b93.68 crore<\/td><\/tr><tr><td>FY25<\/td><td>\u20b9146.44 crore<\/td><td>\u20b95.08 crore<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Revenue growth has been supported by increasing demand for flour and mustard oil products.<\/p>\n\n\n\n<h3 id='key-ratios'  id=\"boomdevs_15\" class=\"wp-block-heading\">Key Ratios<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>EPS: \u20b93.60<\/li>\n\n\n\n<li>P\/E Ratio: ~13.05x<\/li>\n\n\n\n<li>ROE: ~36.86%<\/li>\n<\/ul>\n\n\n\n<p>These metrics suggest the company is entering the market with moderate valuation compared to some peers.<\/p>\n\n\n\n<h2 id='objectives-of-the-ipo'  id=\"boomdevs_16\" class=\"wp-block-heading\">Objectives of the IPO<\/h2>\n\n\n\n<p>The company plans to use the funds raised through the IPO for several business purposes.<\/p>\n\n\n\n<h3 id='main-objectives-include'  id=\"boomdevs_17\" class=\"wp-block-heading\">Main objectives include:<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Working capital requirements<\/strong> to support daily operations<\/li>\n\n\n\n<li><strong>General corporate purposes<\/strong><\/li>\n\n\n\n<li>Business expansion and operational improvements<\/li>\n<\/ol>\n\n\n\n<p>A large portion of the funds will help the company maintain inventory and improve production efficiency.<\/p>\n\n\n\n<h2 id='key-risks-investors-should-know'  id=\"boomdevs_18\" class=\"wp-block-heading\">Key Risks Investors Should Know<\/h2>\n\n\n\n<p>Like all SME IPOs, Elfin Agro India also carries certain risks.<\/p>\n\n\n\n<h3 id='major-risks-include'  id=\"boomdevs_19\" class=\"wp-block-heading\">Major risks include:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>High competition in the food processing industry<\/li>\n\n\n\n<li>Dependence on raw material prices such as wheat and mustard seeds<\/li>\n\n\n\n<li>SME stocks may have <strong>lower liquidity after listing<\/strong><\/li>\n\n\n\n<li>Profit margins in the food processing sector are usually thin<\/li>\n<\/ul>\n\n\n\n<p>Investors should evaluate these risks before making investment decisions.<\/p>\n\n\n\n<h2 id='key-takeaways'  id=\"boomdevs_20\" class=\"wp-block-heading\">Key Takeaways<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Elfin Agro India IPO opened on 5 March 2026 and closed on 9 March 2026.<\/strong><\/li>\n\n\n\n<li>The <strong>IPO price was fixed at \u20b947 per share<\/strong>.<\/li>\n\n\n\n<li>The <strong>allotment date is expected on 10 March 2026<\/strong>.<\/li>\n\n\n\n<li>The shares are expected to <strong>list on BSE SME on 12 March 2026<\/strong>.<\/li>\n\n\n\n<li>Investors can check the <strong>allotment status on the registrar website or BSE portal<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h2 id='faqs'  id=\"boomdevs_21\" class=\"wp-block-heading\">FAQs<\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1773133213814\" class=\"rank-math-list-item\">\n<h3 id='q-when-will-elfin-agro-india-ipo-allotment-be-announced'  id=\"boomdevs_22\" class=\"rank-math-question \">Q. When will Elfin Agro India IPO allotment be announced?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The IPO allotment is expected to be finalized on <strong>10 March 2026<\/strong>.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1773133230154\" class=\"rank-math-list-item\">\n<h3 id='q-where-can-i-check-elfin-agro-india-ipo-allotment-status'  id=\"boomdevs_23\" class=\"rank-math-question \">Q. Where can I check Elfin Agro India IPO allotment status?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>You can check it on:<br \/> &#8211; Registrar website (Cameo Corporate Services)<br \/> &#8211; BSE IPO allotment portal<br \/> &#8211; Your stock broker app.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1773133243554\" class=\"rank-math-list-item\">\n<h3 id='q-what-is-the-minimum-investment-in-the-elfin-agro-india-ipo'  id=\"boomdevs_24\" class=\"rank-math-question \">Q. What is the minimum investment in the Elfin Agro India IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Retail investors had to invest <strong>\u20b92,82,000 for 6,000 shares<\/strong>.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1773133256919\" class=\"rank-math-list-item\">\n<h3 id='q-what-is-the-listing-date-of-elfin-agro-india-ipo'  id=\"boomdevs_25\" class=\"rank-math-question \">Q. What is the listing date of Elfin Agro India IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The IPO is expected to list on <strong>12 March 2026 on BSE SME<\/strong>.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The Elfin Agro India IPO allotment status is expected to be finalized soon after the subscription period closes. Investors who applied for the IPO can check whether they received shares through the registrar website or stock exchange portal. This article explains everything investors need to know, including: If you applied for the IPO, checking your [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":10924,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-10923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/10923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/comments?post=10923"}],"version-history":[{"count":1,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/10923\/revisions"}],"predecessor-version":[{"id":10925,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/10923\/revisions\/10925"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media\/10924"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=10923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/categories?post=10923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/tags?post=10923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}